Rock Island Community Foundation
- Assets
- $3.6m
- Revenue
- $230.1k
- Investments
- $3.5m
- Employees
- 0
- Location
- Rock Island, IL
- Founding
- 10/1967
- Data as of
- 08/2024
- EIN
- 36-6163829
Organization Overview
Rock Island Community Foundation is located in Rock Island, IL. The organization was established in 1967. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock Island Community Foundation 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 08/2024, Rock Island Community Foundation generated $230.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $314.4k during the year ending 08/2024. While expenses have increased by 10.7% 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, Rock Island Community Foundation has awarded 466 individual grants totaling $1,245,816. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Rowe Exec-Director | 1 | $0 | |
Christopher Mandle President | 1 | $0 | |
Kelly Mclaughlin Director | 1 | $0 | |
Debbie Schwiebert Director | 1 | $0 | |
Mike Darrow Director | 1 | $0 | |
Carlos H Jimenez Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $134,725 |
| Interest on Savings | $15,042 |
| Dividends & Interest | $64,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,068 |
| Capital Gain Net Income | $16,068 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $230,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $142 |
| Taxes | $1,880 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,603 |
| Total operating and administrative expenses | $98,091 |
| Contributions, gifts, grants paid | $216,321 |
| Total expenses and disbursements | $314,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $121,491 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,648,841 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rock Island Community Foundation has awarded $216,321 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
AUGUSTANA COLLEGE PURPOSE: SUPPORTS EDUCATION PROGRAMS | $1,000 |
BALLET QUAD CITIES PURPOSE: SUPPORT ART PROGRAMS | $2,000 |
BETHANY FOR CHILDREN & FAMILIES PURPOSE: SUPPORTS NEEDS OF CHILDREN & FAMILIES | $2,500 |
BIG BROTHERS BIG SISTERS PURPOSE: SUPPORT ASSISTANCE TO CHILDREN | $2,000 |
BLACK HAWK COLLEGE FOUNDATION PURPOSE: CREATING OPPORTUNITIES FOR STUDENTS | $1,000 |
CF YOUTH HOPE PURPOSE: SUPPORT PROGRAMS FOR THE YOUTH | $3,000 |