EIN 42-6053860

Greater Cedar Rapids Community Foundation (GCRCF)

IRS 501(c) type
501(c)(3)
Num. employees
24
State
Year formed
1987
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Greater Cedar Rapids Community Foundation improves the quality of life in Linn County, Iowa by promoting charitable giving, connecting donors to the causes they care about, strengthening nonprofits through grants and support, and providing leadership on community issues that involve charitable giving. The Community Foundation is a public, nonprofit organization with over $142 million in assets and over 740 different charitable funds. Our mission is to help donors give in meaningful ways, to strengthen nonprofits, and to provide leadership that supports a vibrant community.
Total revenues
$13,077,105
2022
Total expenses
$12,841,062
2022
Total assets
$190,014,997
2022
Num. employees
24
2022

Program areas at GCRCF

The Community Foundation invests in the future of linn county, Iowa by working with donors and providing grants and support to nonprofits. The Community Foundation provides the highest possible level of philanthropic services including expert advice, professional fund management, maximum tax savings, and Community knowledge of hundreds of local nonprofit organizations. The Community Foundation's grant programs invest in innovation, sustainability and capacity-building in nonprofit organizations.
In addition to grantmaking, the nonprofit network provides a point of connection for local nonprofit organizations and professionals, concentrating on three areas: peer engagement, learning opportunities and information.
For more than 70 years, the Community Foundation has been working closely with donors, local leaders, and hundreds of nonprofit organizations as a funder and convener to develop and implement better solutions for the future. By leveraging its resources and building relationships with others, the Community Foundation acts as a catalyst for change by working on issues of broad Community importance so everyone in linn county has opportunities to achieve their full potential.

Grants made by GCRCF

GranteeGrant descriptionAmount
Coe College (COE)Annual Designated Distribution, General Fund, 2021 Kalous Opportunity Scholarship, 2019 Kalous Opportunity Scholarship$300,770
Univ of Iowa Center for AdvancementAnnual Designated Distribution for the University of Iowa College of Law, Annual Designated Distribution-50% for Bradley Lecture Series and 50% for Upkeep of the Hendricks Suite at the Iowa House, Annual Designated Distribution To Support Ui Children's Hospital Fund, Annual Designated Distribution, Stead Family Children's Hospital: General Support in Honor of Nick Cole, Our Own Words: Smith Center Teen Writers' Workshop, Program Support: Stead Family Children's Hospital, General Support for Stead Family Children's Hospital, Program Support: Heart Friends Golf Outing for Iowa Stead Family Children's Hospital, General Support: Indoor Football Facility, University of Iowa Museum of Natural History for Renovation of the Laysan Exhibit, Other: Kinnick Edge Fund, General Support - Please Use This for the Computer Science Development Fund, General Support for Stead Family Children's Hospital: Pediatric Intensive Care Unit in Honor of Kate Robb, Ui Dance Marathon$264,113
Trees ForeverOther: Tree Planting, Annual Designated Distribution, Cedar Rapids Releaf, Growing Futures Teen Tree Planting and Employment, General Support$250,732
...and 156 more grants made totalling $8,365,788

Who funds Greater Cedar Rapids Community Foundation (GCRCF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Esther and Robert Armstrong Charitable TrustTo Assist Qualified 501(c)(3) Public Charities Achieve Their Charitable Mission, With Equal Designations for United Way of East Central Iowa and the Ymca of the Cedar Rapids Metropolitan Area$1,260,506
The Maurice FoundationEndowment$606,275
Helen G Nassif FoundationRestricted Contribution To Support Charitable Projects Designated By the Helen G Nassif Fund (Donor-Advised Fund).$200,000
...and 16 more grants received

Personnel at GCRCF

NameTitleCompensation
Karla Twedt-BallPresident and Chief Executive Officer$134,107
Jean BrennemanChief Financial Officer$129,751
Corinne RaheVice President of Marketing and Communications
Joe HeitzVice President of Community Impact
Kristi ColumbusVice President of Development
...and 24 more key personnel

Financials for GCRCF

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,781,884
Program services$0
Investment income and dividends$2,057,832
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$25,458
Net gain from sale of non-inventory assets$211,183
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$748
Total revenues$13,077,105

Form 990s for GCRCF

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-01990View PDF
2018-122020-06-08990View PDF
...and 9 more Form 990s
Data update history
September 25, 2024
Updated personnel
Identified 4 new personnel
September 21, 2024
Received grants
Identified 7 new grant, including a grant for $76,000 from John and Cindy Family Foundation
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $606,275 from The Maurice Foundation
March 29, 2024
Used new vendors
Identified 1 new vendor, including
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
324 3rd St Se
Cedar Rapids, IA 52401
Metro area
Cedar Rapids, IA
County
Linn County, IA
Website URL
gcrcf.org/ 
Phone
(319) 366-2862
Facebook page
GCRCF 
IRS details
EIN
42-6053860
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
Undetermined
Charity Registration status
Not Registered
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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