$6.1M in expenses

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.

$2.9M in expenses

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.

$676K in expenses

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.