Community Foundation Of The Quincy Area
- Assets
- $56.7m
- Revenue
- $8.6m
- Investments
- $18.3m
- Employees
- 6
- Location
- Quincy, IL
- Founding
- 02/1998
- Data as of
- 12/2021
- EIN
- 37-1366611
Organization Overview
Community Foundation Of The Quincy Area, operating under the name Cf Serving W Central Il & Ne Mo, is located in Quincy, IL. The organization was established in 1998. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Cf Serving W Central IL & NE MO employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cf Serving W Central IL & NE MO is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Cf Serving W Central IL & NE MO generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cf Serving W Central IL & NE MO has awarded 321 individual grants totaling $7,988,949. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONNECT PEOPLE WHO CARE WITH CAUSES THAT MATTER, SERVE DONORS WITH VARIED INTERESTS AND GIVING ABILITIES, ACT AS A RESOURCE AND CATALYST FOR CHARITABLE ACTIVITIES, DEVELOP ENDOWMENT CAPABILITIES AND RESPOND TO CHANGING COMMUNITY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY FOUNDATION THAT ACCEPTS FUNDS TO BE ADMINISTERED EXCLUSIVELY FOR CHARITABLE PURPOSES, PRIMARILY THE DISTRIBUTION OF GRANTS TO OTHER LOCAL CHARITIES FOR THE BENEFIT OF A 12-COUNTY AREA OF WEST-CENTRAL ILLINOIS AND NORTHEAST MISSOURI.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Meckes CEO | Officer | 40 | $70,923 |
Jonathan O'neal CFO | Officer | 40 | $57,550 |
Lydia Ahrens Board-Chair | OfficerTrustee | 3 | $0 |
Lance Grady Vice-Chair | OfficerTrustee | 1 | $0 |
Corey Moon Secretary | OfficerTrustee | 2 | $0 |
Kamryn Schrepfer Treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,079,619 |
| Noncash contributions included in lines 1a–1f | $97,698 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,099,619 |
| Total Program Service Revenue | $0 |
| Investment income | $601,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,901,589 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,613,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,731,177 |
| Grants and other assistance to domestic individuals. | $22,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,473 |
| Compensation of current officers, directors, key employees. | $66,672 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,602 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,839 |
| Payroll taxes | $25,698 |
| Fees for services: Management | $14,740 |
| Fees for services: Legal | $4,000 |
| Fees for services: Accounting | $41,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $157,424 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,424 |
| Office expenses | $13,706 |
| Information technology | $30,963 |
| Royalties | $0 |
| Occupancy | $26,175 |
| Travel | $2,786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,270 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,237 |
| Insurance | $7,995 |
| All other expenses | $1,269 |
| Total functional expenses | $2,489,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,025,567 |
| Pledges and grants receivable | $18,595 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,991 |
| Investments—publicly traded securities | $33,349,893 |
| Investments—other securities | $18,310,158 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,710,204 |
| Accounts payable and accrued expenses | $3,562 |
| Grants payable | $1,208 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $817,896 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,603 |
| Total liabilities | $824,269 |
| Net assets without donor restrictions | $28,865,097 |
| Net assets with donor restrictions | $27,020,838 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $56,710,204 |
Grants Awarded
Over the last fiscal year, Community Foundation Of The Quincy Area has awarded $1,540,483 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: GRANT TO SUPPORT THE | $360,000 |
PALMYRA UNITED METHODIST CHURCH PURPOSE: MATCHING GRANT FOR B | $200,000 |
Quincy, IL PURPOSE: OPERATIONAL SUPPORT | $86,323 |
Mt Sterling, IL PURPOSE: MT. STERLING DOWNTOW | $70,000 |
Quincy, IL PURPOSE: TEACHER RECRUITMENT | $57,273 |
Quincy, IL PURPOSE: 2021 DISTRIBUTION | $56,674 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Foundation Of The Quincy Area has recieved totaling $47,036.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $47,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Endowment Analysis
| Beg. Balance | $25,313,112 |
| Earnings | $3,079,176 |
| Admin Expense | $450,824 |
| Net Contributions | $510,865 |
| Grants | $699,396 |
| Ending Balance | $27,752,934 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
St Louis Community Foundation St Louis, MO | $112,098,850 | $20,148,169 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN | $181,936,459 | $11,602,152 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |