QUAD CITIES COMMUNITY FOUNDATION
852 MIDDLE ROAD NO 100, BETTENDORF, IA 52722 www.qccommunityfoundation.org

Total Revenue
$26,931,536
Total Expenses
$14,340,824
Net Assets
$154,217,120

Organizations Filed Purposes: TRANSFORMING OUR REGION THROUGH THE GENEROSITY OF OUR DONORS

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."

DONOR ADVISED GRANTS - THE QUAD CITIES COMMUNITY 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. QCCF ADHERES TO EXPENDITURE RESPONSIBILITY RULES WHEN NECESSARY.

UNRESTRICTED AND DESIGNATED GRANTS - GRANTS ARE ALLOCATED THROUGH BOTH RESPONSIVE AND PROACTIVE METHODS. A COMMITTEE MADE UP OF BOTH BOARD AND COMMUNITY MEMBERS MEETS TWICE EACH YEAR TO REVIEW GRANT APPLICATIONS AND AWARD RESPONSIVE GRANTS. A BOARD COMMITTEE FOR STRATEGIC GRANTMAKING REVIEWS CURRENT COMMUNITY ISSUES TO IDENTIFY LARGER SCALE PROJECTS AND PARTNERSHIPS. STAFF PROVIDES COMMUNITY LEADERSHIP AND FACILITATES CONVENING OF NATURAL STAKEHOLDERS TO ADDRESS BOARD IDENTIFIED PRIORITIES. LARGER MULTI-YEAR GRANTS ARE CONSIDERED AND AWARDED BY THE BOARD APPOINTED COMMITTEE AND MONITORED FOR IMPACT. THE MAJOR ISSUES CURRENTLY BEING ADDRESSED ARE BASED ON OUR COMMUNITIES' REGIONAL VISION PLAN THAT INCLUDES ICONIC NATURAL ASSETS SUCH AS THE MISSISSIPPI RIVER, CULTURAL AMENITIES, WORKFORCE DEVELOPMENT, CRADLE - CAREER DEVELOPMENT, DIVERSITY, EQUITY AND INCLUSION, COMMUNITY COLLABORATION AND ECONOMIC DEVELOPMENT.

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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Sherry RistauPRESIDENT & CEO39$181,691
Marie ZieglerBOARD MEMBER5$0
Ladrina WilsonBOARD MEMBER5$0
Jeffrey TrahanBOARD MEMBER5$0
Scott TinsmanBOARD MEMBER5$0
Thomas ThomsBOARD TREASURER5$0
Aaron TennantBOARD MEMBER5$0
Cristy Tacket-HuntBOARD MEMBER5$0
John StavnesBOARD MEMBER5$0
Kent PilcherVICE BOARD CHAIR5$0
Jean MoranBOARD CHAIR10$0
Randy MooreSECRETARY5$0
Jill MclaughlinPAST BOARD CHAIR5$0
Janet MasamotoBOARD MEMBER5$0
Edna Denise GarrettBOARD MEMBER5$0
Ed CervantesBOARD MEMBER5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202023179349304002_public.xml