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.
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.
Financials
FY 2024
Revenue
Expenses
People
19 listed
SUSAN HAFKEMEYER
PRESIDENT & CEO
$235K
39 hrs/wk
PAUL TOMKINS
VP OF FINANCE
$124K
39 hrs/wk
ESMERALDA KIZER
FORMER BOARD MEMBER
—
5 hrs/wk
GERALD JONES
BOARD MEMBER
—
5 hrs/wk
LANCE LESLIE
BOARD MEMBER
—
5 hrs/wk
JANET MASAMOTO
BOARD MEMBER
—
5 hrs/wk
JEAN MORAN
FORMER PAST BOARD CHAIR
—
5 hrs/wk
JOHN ANDERSON
VICE BOARD CHAIR
—
5 hrs/wk
MARK SCHWIEBERT
BOARD MEMBER
—
5 hrs/wk
CRISTY TACKETT-HUNT
SECRETARY
—
5 hrs/wk
THOMAS THOMS
BOARD TREASURER
—
5 hrs/wk
SCOTT TINSMAN
BOARD MEMBER
—
5 hrs/wk
LADRINA WILSON
2ND VICE BOARD CHAIR
—
5 hrs/wk
KENT PILCHER
BOARD CHAIR
—
5 hrs/wk
DEB ANSELM
BOARD MEMBER
—
5 hrs/wk
SURESH BALAKRISHNAN
BOARD MEMBER
—
5 hrs/wk
ELIZABETH CERVANTES
BOARD MEMBER
—
5 hrs/wk
ANNE CALDER
VP OF DEVELOPMENT
$129K
40 hrs/wk
KELLY THOMPSON
VP OF GRANTMAKING & COMMUNITY INITIATIVES
$118K
40 hrs/wk
Independent contractors
THE NUMAD GROUP
MARKETING, COMMUNICATIONS, STRATEGIC PLA
FUND EVALUATION GROUP
INVESTMENT CONSULTING SERVICES
Grants received
Showing 93 of 93
Funded by
$8.7M from 42 funders · 93 grants · 2017–2024
$4.4M · 4 grants · 2018–2021
$759K · 3 grants · 2018–2021
$541K · 8 grants · 2017–2023
$504K · 2 grants · 2022–2023
$441K · 4 grants · 2020–2024
$404K · 1 grant · 2019
$367K · 6 grants · 2019–2024
$365K · 1 grant · 2023