The primary mission of the trust is to support and promote the health, welfare, and education of student nurses. The first priority of the trust is financial aid to nursing students.

Giving for needy families in Boone County, Iowa. Giving also to Boone, YMCA scholarship fund for specific qualifying needy boys.

Giving for education scholarships, community services, including fire and medical services, and for recreation.

The mission of the Make-A-Wish Foundation of Iowa is to grant wishes of children with life- threatening illnesses to enrich the human experience with hope, strength, and joy.

Scholarship awards to students in journalism, athletics, and any other field designated by the board, in certain designated schools Waterloo, Iowa and St. Petersburg, Florida.