NonprofitsQuad Cities Community Foundation

Community Foundations

Quad Cities Community Foundation

BETTENDORF, IA

Total revenue

$25.3M

Total expenses

$12.4M

Net assets

$208.0M

Grants received

$8.7M

93 grants

EIN

426122716

Tax year

2024

Mission

Quad cities community foundation is a collection of endowments and other charitable funds. 4.5% of the rolling 20 quarter average balance is distributed to nonprofit organizations in our region with a goal of "transforming our region through the generosity of our donors."

Programs

2 programs

Donor advised grants - the quad cities community foundation (the foundation) operates donor advised funds to fulfill its mission of "transforming our region through the generosity of our donors." donors advise staff of requested grants, and staff perform due diligence on such requests. If the grant is deemed appropriate by staff it is awarded. The board of directors is given a list at each board meeting for approval. Expenses in excess of grants include distributions to non-charitable entities for a charitable purpose. For example, paying a retailer directly for the lumber to build playground equipment rather than paying a non-profit organization to go purchase the lumber or to provide funds to a membership service organization for a charitable project. The foundation adheres to expenditure responsibility rules when necessary.

Expenses: $2.9MGrants: $2.9M

Administrative support for grant and scholarship program - this support consists of processing all grant and scholarship applications including performing due diligence, supporting the grants committee, preparing the checks and any required follow up. This also includes staff time for convening key community stakeholders for discussion on larger, more strategic community issues.

Expenses: $676K

Financials

FY 2024

Revenue

Contributions & grants$13.7M
Program service revenue
Investment income$11.4M
Other revenue$216K
Total revenue$25.3M

Expenses

Grants paid$9.1M
Salaries & benefits$1.8M
Fundraising$665K
Other expenses$1.5M
Total expenses$12.4M
Total assets$209.7M
Net assets$208.0M

People

19 listed

NameRoleCompensation

SUSAN HAFKEMEYER

PRESIDENT & CEO

Board

$235K

39 hrs/wk

PAUL TOMKINS

VP OF FINANCE

Board

$124K

39 hrs/wk

ESMERALDA KIZER

FORMER BOARD MEMBER

Board

5 hrs/wk

GERALD JONES

BOARD MEMBER

Board

5 hrs/wk

LANCE LESLIE

BOARD MEMBER

Board

5 hrs/wk

JANET MASAMOTO

BOARD MEMBER

Board

5 hrs/wk

JEAN MORAN

FORMER PAST BOARD CHAIR

Board

5 hrs/wk

JOHN ANDERSON

VICE BOARD CHAIR

Board

5 hrs/wk

MARK SCHWIEBERT

BOARD MEMBER

Board

5 hrs/wk

CRISTY TACKETT-HUNT

SECRETARY

Board

5 hrs/wk

THOMAS THOMS

BOARD TREASURER

Board

5 hrs/wk

SCOTT TINSMAN

BOARD MEMBER

Board

5 hrs/wk

LADRINA WILSON

2ND VICE BOARD CHAIR

Board

5 hrs/wk

KENT PILCHER

BOARD CHAIR

Board

5 hrs/wk

DEB ANSELM

BOARD MEMBER

Board

5 hrs/wk

SURESH BALAKRISHNAN

BOARD MEMBER

Board

5 hrs/wk

ELIZABETH CERVANTES

BOARD MEMBER

Board

5 hrs/wk

ANNE CALDER

VP OF DEVELOPMENT

Staff

$129K

40 hrs/wk

KELLY THOMPSON

VP OF GRANTMAKING & COMMUNITY INITIATIVES

Staff

$118K

40 hrs/wk

Independent contractors

THE NUMAD GROUP

MARKETING, COMMUNICATIONS, STRATEGIC PLA

$164K

FUND EVALUATION GROUP

INVESTMENT CONSULTING SERVICES

$117K

Grants received

Showing 93 of 93

FromAmountPurposeYear
$65K
OPERATING EXPENSESEDUCATIONAL SCHOLARSHIPS
2024
$59K
QC DISASTER RECOVERY
2024
$56K
GENERAL SUPPORT TO BE USED FOR SCHOLARSHIPS AND GRANTS
2024
$40K
GENERAL CHARITABLE USE
2024
$22K
MAINTENANCE OF PARKS
2024
$19K
GENERAL SUPPORT
2024
$18K
CHARITABLE DONATION
2024
$6K
For purposes as specified in a grant application, fund agreement or gift instrument.
2024
$691
COMMUNITY WELL-BEING
2024
$343
FISCAL SPONSOR FOR MULTI-GENERATIONAL COMMUNITY BUILDING SPEAKERS
2024
$287K
GENERAL SUPPORT TO BE USED FOR SCHOLARSHIPS AND GRANTS
2023
$168K
For grant recipient's exempt purposes
2023
$114K
To expand community engagement around Mississippi River issues on the border of Iowa and Illinois.
2023
$56K
OPERATING EXPENSESEDUCATIONAL SCHOLARSHIPS
2023
$50K
WORK WITH DONORS TO CREATE CHARITABLE FUNDS TO ENHANCE THE QUALITY OF LIFE IN THE REGION
2023
$25K
GRANTS W/IN CHAR PURPOSE OF
2023
$17K
CHARITABLE DONATION
2023
$6K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2023
$6K
MAINTENANCE OF PARKS
2023
$5K
CHARITABLE DONATION
2023
$3K
GENERAL OPERATING
2023
$3K
FRIENDS OF THE FOUNDATION ENDOWMENT
2023
$1K
For program support
2023
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$390K
To expand community engagement around Mississippi River issues on the border of Iowa and Illinois.
2022
$94K
For grant recipient's exempt purposes
2022
$73K
GENERAL OPERATING
2022
$56K
OPERATING EXPENSESEDUCATIONAL SCHOLARSHIPS
2022
$50K
GENERAL CHARITABLE USE
2022
$45K
WORK WITH DONORS TO CREATE CHARITABLE FUNDS TO ENHANCE THE QUALITY OF LIFE IN THE REGION
2022
$33K
GENERAL SUPPORT TO BE USED FOR SCHOLARSHIPS AND GRANTS
2022
$21K
MAINTENANCE OF PARKS
2022
$18K
CHARITABLE DONATION
2022
$17K
GRANT AWARDED FOR MERCER CO SCHOOLS EXCELLENCE IN EDUCATION FOUNDATION ENDOWMENT
2022
$9K
PUBLIC, SOCIETAL BENEFIT
2022
$6K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2022
$3K
GENERAL OPERATING
2022
$3K
FRIENDS OF THE FOUNDATION ENDOWMENT
2022
$500
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$4.1M
TO FUND FUTURE GRANT PROJECTS
2021
$716K
FUND FOR FUTURE GRANTS
2021
$94K
WORK WITH DONORS TO CREATE CHARITABLE FUNDS TO ENHANCE THE QUALITY OF LIFE IN THE REGION
2021
$73K
EDUCATIONAL SCHOLARSHIPS
2021
$25K
FUNDING COMMUNITY ENDOWMENT
2021
$20K
CONTRIBUTION TO LOOSER FLAKE FOUNDATION FUND
2021
$20K
BRISSMAN FOUNDATION CHAR GIVING FUND
2021
$16K
MAINTENANCE OF PARKS
2021
$10K
For recipient's exempt purpose
2021
$7K
For grant recipient's exempt purposes
2021
$7K
For grant recipient's exempt purposes
2021
$5K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2021
$3K
FRIENDS OF THE FOUNDATION ENDOWMENT
2021
$2K
GENERAL OPERATING
2021
$205K
TO FUND FUTURE GRANT PROJECTS
2020
$80K
For grant recipient's exempt purposes
2020
$64K
GENERAL SUPPORT TO BE USED FOR SCHOLARSHIPS AND GRANTS
2020
$54K
EDUCATION SCHOLARSHIPS
2020
$35K
FUND FOR FUTURE GRANTS
2020
$25K
DISASTER RECOVERY SUPPORT
2020
$15K
CONTRIBUTION TO LOOSER FLAKE FOUNDATION FUND
2020
$15K
TOGETHER FOR TOMORROW GRANT AWARD
2020
$10K
Civic Engagement
2020
$10K
Memorial Scholarship in remembrance of Dr. Pinc
2020
$8K
PUBLIC, SOCIETAL BENEFIT
2020
$6K
SCHOOL SUPPLIES FOR FIRST DAY FUND
2020
$5K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2020
$5K
GENERAL FUND
2020
$5K
Memorial Scholarship
2020
$2K
GENERAL OPERATING
2020
$500
Funds Program
2020
$404K
TO SUPPORT COVID-19 RESPONSE, GENESEO IS FOR TOMORROW, AND THE MOUNT CARROLL COMMUNITY FOUNDATION
2019
$128K
For grant recipient's exempt purposes
2019
$63K
EDUCATION SCHOLARSHIPS
2019
$15K
GENERAL SUPPORT
2019
$78K
HUNT AND DIANE CHARITABLE GIVING FUND
2018
$38K
HARRIS FAMILY CHARITABLE GIFT FUND
2018
$9K
For grant recipient's exempt purposes
2018
$8K
HARRIS FAMILY CHARITABLE GIFT FUND
2018
$5K
GENERAL FUND
2018
$48K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$16K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$8.7M from 42 funders · 93 grants · 2017–2024

Hunt And Diane Harris Family

$4.4M · 4 grants · 2018–2021

John H Harris Iii Memorial

$759K · 3 grants · 2018–2021

Fidelity Investments Charitable Gift Fund

$541K · 8 grants · 2017–2023

Walton Family Foundation Inc

$504K · 2 grants · 2022–2023

Realty Holdings Inc Of The Quad Cities

$441K · 4 grants · 2020–2024

The Chicago Community Trust

$404K · 1 grant · 2019

Don E & Charlotte J Williams

$367K · 6 grants · 2019–2024

Quad Cities Regional Vision

$365K · 1 grant · 2023

Details

EIN426122716
NTEE codeT310
Subsection03
Ruling date1999-02
Formed1964
Employees23
Volunteers183
QUAD CITIES COMMUNITY FOUNDATION — Mission, Financials & Grants Received | Grantivo