COMMUNITY FOUNDATION OF GREATER DUBUQUE

EIN: 421526614 501(c)(3) Philanthropy & Grantmaking

DUBUQUE, IA

Total Revenue
$16,038,286
Total Expenses
$13,290,693
Total Assets
$150,582,489
Net Assets
$149,439,679
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IA
Principal Officer
NANCY VAN MILLIGEN
Phone
5635882700
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY FOUNDATION OF GREATER DUBUQUE, founded in 2001, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $16.0M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $2.7M, a strong 17% operating margin.

Mission

THE COMMUNITY FOUNDATION OF GREATER DUBUQUE GROWS PHILANTHROPY TO IMPROVE LIFE IN NORTHEAST IOWA BY SERVING DONORS, STRENGTHENING NONPROFITS AND LEADING COLLABORATIVE INITIATIVES TO ADDRESS COMMUNITY NEEDS.

Program Service Accomplishments

Program 1
Expenses: $11,999,678 Revenue: $11,260

THE COMMUNITY FOUNDATION OF GREATER DUBUQUE ENVISIONS A VIBRANT AND INCLUSIVE DUBUQUE REGION WHERE EVERYONE CAN THRIVE. SINCE 2002, WE HAVE INSPIRED PEOPLE TO GIVE BACK TO THEIR COMMUNITY, AND WE...

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THE COMMUNITY FOUNDATION OF GREATER DUBUQUE ENVISIONS A VIBRANT AND INCLUSIVE DUBUQUE REGION WHERE EVERYONE CAN THRIVE. SINCE 2002, WE HAVE INSPIRED PEOPLE TO GIVE BACK TO THEIR COMMUNITY, AND WE TURN THIS GENEROSITY INTO LASTING CHANGE ACROSS OUR REGION, INCREASING ACCESS TO RESOURCES AND OPPORTUNITIES THAT HELP ALL PEOPLE SUCCEED. WITH OUR AFFILIATE FOUNDATIONS ACROSS THE DUBUQUE REGION METRO DUBUQUE AND DUBUQUE COUNTY AS WELL AS ALLAMAKEE, CLAYTON, CLINTON, DELAWARE, JACKSON AND JONES COUNTIES WE CHART CLEAR PATHS FORWARD THAT ADDRESS COMPLEX SOCIAL CHALLENGES, FROM ACADEMIC ACHIEVEMENT TO ECONOMIC OPPORTUNITY. WE ARE COMMITTED TO ENGAGING, LISTENING TO AND LEARNING FROM ALL CORNERS OF THE COMMUNITY TO UNDERSTAND ITS MOST PRESSING NEEDS TODAY AND TOMORROW AND THEN BUILDING THE PARTNERSHIPS AND ASSETS NECESSARY TO ADDRESS THEM.WE PERSONALLY ADVISE INDIVIDUALS, FAMILIES, CORPORATIONS AND NONPROFITS TO HELP THEM BECOME MORE INVESTED IN OUR COMMUNITY'S SUCCESS TODAY AND TOMORROW. ONE WAY WE DO THIS IS BY HELPING THEM BUILD ENDOWMENTS TO CREATE PERMANENT, LOCALLY CONTROLLED POOLS OF ASSETS THAT SUPPORT THE WORK OF LOCAL ORGANIZATIONS AND BUILD THEIR CAPACITY TO IMPROVE OUR REGION. WE ALSO HELP GENEROUS PEOPLE AND ENTITIES BUILD NON-ENDOWED OR PROJECT FUNDS THAT ALSO SERVE THE CHARITABLE NEEDS OF THE COMMUNITY EFFECTIVELY AND EFFICIENTLY.OUR WORK STRENGTHENING GREATER DUBUQUE'S NONPROFITSTHROUGH GRANTMAKING, CAPACITY-BUILDING AND MOREHELPS THEM MAKE ESSENTIAL RESOURCES ACCESSIBLE TO OUR ENTIRE COMMUNITY. TO UNDERSTAND HOW GRANTMAKING CAN HAVE THE BIGGEST IMPACT, WE GATHER KNOWLEDGE ABOUT OUR COMMUNITY BY LISTENING TO DIVERSE VOICES AND LEARNING ABOUT PRESSING NEEDS FROM THOSE MOST AFFECTED AND USE THIS KNOWLEDGE TO DRIVE DECISION-MAKING. WE ADMINISTER SEVERAL ANNUAL GRANTMAKING PROGRAMS: COMMUNITY IMPACT, THEISEN'S MORE FOR YOUR COMMUNITY, YAPPERS, WOMEN'S GIVING CIRCLE AND MEDIACOM ARTS AND CULTURE.WE ALSO ASSIST IN THE GRANTMAKING PROCESS FOR OUR EIGHT AFFILIATE FOUNDATIONS: ALLAMAKEE COMMUNITY FOUNDATION, CLAYTON COUNTY FOUNDATION FOR THE FUTURE, FOUNDATION FOR THE FUTURE OF DELAWARE COUNTY, DYERSVILLE AREA COMMUNITY FOUNDATION, COMMUNITY FOUNDATION OF JACKSON COUNTY, JONES COUNTY COMMUNITY FOUNDATION, LINCOLNWAY COMMUNITY FOUNDATION AND RIVER BLUFF COMMUNITY FOUNDATION. THE STATE OF IOWA AWARDS MONEY TO COUNTIES THAT DO NOT HAVE GAMING INSTITUTIONS. PART OF THE MONEY GOES INTO A PERMANENT ENDOWMENT AND PART GOES TO GRANTMAKING FOR THE COUNTY.AS CONVENERS, WE BRING COMMUNITY MEMBERS TOGETHER TO ALIGN ON A SHARED VISION FOR THE REGION AND DETERMINE WHAT WE CAN ALL DO TO HAVE A LASTING IMPACT ON ITS FUTURE. THROUGH THOUGHTFUL COLLABORATION ACROSS SECTORS, WE'RE UNIQUELY ABLE TO FACILITATE A CLEAR PATH TOWARD A STRONG FUTURE FOR OUR COMMUNITY. WE DO THIS BY FACILITATING MEETINGS, OFFERING EDUCATIONAL OPPORTUNITIES AND LEADING INITIATIVES THAT INVOLVE DIVERSE COMMUNITY MEMBERS IN DRIVING CHANGE. THESE INITIATIVES INCLUDE COMMUNITY HEART & SOUL, EVERY CHILD READS, INCLUSIVE DUBUQUE, PROJECT HOPE, WOMEN'S GIVING CIRCLE AND YAPPERS, AS WELL AS EFFORTS AIMED AT IMPROVING ACCESS TO CHILD CARE, BRAIN HEALTH SERVICES AND RESOURCES AND JOBS FOR IMMIGRANT RESIDENTS.GENEROSITY AND COLLABORATION FUEL EVERYTHING WE DO, AND EVERYONE HAS SOMETHING TO CONTRIBUTE. VISIT DBQFOUNDATION.ORG TO LEARN ABOUT THE MANY WAYS WE ARE BUILDING A STRONG, THRIVING GREATER DUBUQUE FOR ALL.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,887,440
Program Service Revenue $11,260
Investment Income $3,125,906
Other Revenue $13,680
TOTAL REVENUE $16,038,286

Expense Breakdown

Grants Paid $7,782,013
Salaries & Benefits $2,221,289
Fundraising Expenses $144,144
Program Expenses $11,999,678
Other Expenses $3,287,391
TOTAL EXPENSES $13,290,693

Year-over-Year Comparison

2023 2022 Change
Revenue $16,038,286 $18,173,016 -0.1%
Expenses $13,290,693 $10,565,504 +0.3%
Net Income $2,747,593 $7,607,512 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
29
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$383,526
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY VAN MILLIGEN PRESIDENT/CEO 40.00
Officer
$242,712 $17,264 $259,976
ROBERTA EARLES VP OF PHILANTHROPY/COMMUNI 40.00
Highest
$124,279 $4,754 $129,033
JASON ADAMS CFO 40.00
Officer
$121,231 $2,319 $123,550
TERRY FRIEDMAN CHAIR 1.00
Officer Director
$0 $0 $0
TERI ZUCCARO PAST CHAIR 1.00
Officer Director
$0 $0 $0
CHRIS CORKEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
JANE MUELLER TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT HOEFER SECRETARY 1.00
Officer Director
$0 $0 $0
NICOLE BREHM DIRECTOR 1.00
Director
$0 $0 $0
CHAD CHANDLEE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DOYLE DIRECTOR 1.00
Director
$0 $0 $0
NANCY DUNKEL DIRECTOR 1.00
Director
$0 $0 $0
JIM GANTZ DIRECTOR 1.00
Director
$0 $0 $0
NIC HOCKENBERRY DIRECTOR 1.00
Director
$0 $0 $0
NATALIE HOFFMANN DIRECTOR 1.00
Director
$0 $0 $0
STEVE KAHLER DIRECTOR 1.00
Director
$0 $0 $0
MARIANN KURTZ WEBER DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE MOORE DIRECTOR 1.00
Director
$0 $0 $0
ABHAY RAWAL DIRECTOR 1.00
Director
$0 $0 $0
KURT STRAND DIRECTOR 1.00
Director
$0 $0 $0
CHERYL SYKE DIRECTOR 1.00
Director
$0 $0 $0
CHRIS THEISEN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $16,038,286 $13,290,693 $150,582,489 $2,747,593
2022 $18,173,016 $10,565,504 $132,472,525 $7,607,512
2021 $37,640,315 $9,775,383 $145,486,240 $27,864,932
2020 $13,780,937 $9,474,033 $113,168,500 $4,306,904
2019 $25,916,968 $9,077,877 $101,435,719 $16,839,091
2018 $12,617,780 $10,799,264 $83,945,638 $1,818,516
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