Skip to content
Nonprofiteer
← COMMUNITY FDN OF GREATER DES MOINES

Form 990 for tax year 2022

Filed by COMMUNITY FDN OF GREATER DES MOINES.

Totals

Total revenue
$130,145,897
Total expenses
$77,264,221
Contributions and grants received
$108,164,293
Grants paid
$67,613,310
Program service revenue
$558,819
Investment income
$21,287,380
Other revenue
$135,405
Total assets, end of year
$706,043,341
Total liabilities, end of year
$21,652,650
Net assets or fund balances, end of year
$684,390,691
Program services expenses (Part IX)
$76,784,845
Management and general expenses
$460,218
Fundraising expenses
$19,158
Program service expenses (Part III)
$76,784,845

Program services were 99.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $81,645

  • 1d · Related organizations

    $9,269,088

  • 1e · Government grants (contributions)

    $6,368,309

  • 1f · All other contributions, gifts and grants

    $92,445,251

  • 1g · Noncash contributions included above

    $26,652,592

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $558,819 · related or exempt $558,819

  • 3 · Investment income

    total $17,166,590 · unrelated business -$58,854 · excluded $17,225,444

  • 6a · Gross rents

    real property $56,360

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $56,360

  • 6d · Net rental income or loss

    total $56,360 · excluded $56,360

  • 7a · Gross sales of assets other than inventory

    securities $103,029,298

  • 7b · Less cost or other basis and sales expenses

    securities $98,898,860 · other assets $9,648

  • 7c · Gain or loss

    securities $4,130,438 · other assets -$9,648

  • 7d · Net gain or loss

    total $4,120,790 · excluded $4,120,790

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $46,126 · related or exempt $46,126

  • 11b · Other revenue: INCOME TAX REFUND

    total $32,919 · related or exempt $32,919

  • 11e · Other revenue, total

    $79,045

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $67,406,094 · program services $67,406,094

  • 2 · Grants to domestic individuals

    total $207,216 · program services $207,216

  • 5 · Compensation of officers, directors and key employees

    total $547,135 · program services $368,914 · management and general $171,636 · fundraising $6,585

  • 7 · Other salaries and wages

    total $2,214,163 · program services $2,109,055 · management and general $96,353 · fundraising $8,755

  • 8 · Pension plan contributions

    total $121,958 · program services $116,470 · management and general $5,488

  • 9 · Other employee benefits

    total $294,871 · program services $281,602 · management and general $13,269

  • 10 · Payroll taxes

    total $205,322 · program services $195,053 · management and general $9,239 · fundraising $1,030

  • 11b · Fees: legal

    total $9,522 · program services $6,646 · management and general $2,876

  • 11c · Fees: accounting

    total $96,305 · program services $88,137 · management and general $8,168

  • 11d · Fees: lobbying

    total $25,000 · program services $25,000

  • 11f · Fees: investment management

    total $2,028,029 · program services $2,028,029

  • 11g · Fees: other

    total $1,384,259 · program services $1,371,067 · management and general $13,192

  • 12 · Advertising and promotion

    total $160,610 · program services $155,381 · management and general $5,229

  • 13 · Office expenses

    total $380,800 · program services $351,855 · management and general $28,945

  • 14 · Information technology

    total $77,266 · program services $72,995 · management and general $4,271

  • 16 · Occupancy

    total $191,107 · program services $137,867 · management and general $53,240

  • 17 · Travel

    total $30,224 · program services $29,564 · management and general $638 · fundraising $22

  • 19 · Conferences, conventions and meetings

    total $137,407 · program services $134,047 · management and general $3,360

  • 22 · Depreciation, depletion and amortization

    total $98,007 · program services $68,605 · management and general $29,402

  • 23 · Insurance

    total $56,593 · program services $52,422 · management and general $4,171

  • 24a · Other expenses: COMMUNITY INITIATIVES &

    total $1,020,598 · program services $1,020,598

  • 24b · Other expenses: COMMUNITY & DONOR OUTRE

    total $232,950 · program services $230,184 · fundraising $2,766

  • 24c · Other expenses: ADMIN FEE

    total $196,676 · program services $196,676

  • 24d · Other expenses: DUES, MEMBERSHIPS & SUB

    total $60,487 · program services $55,602 · management and general $4,885

  • 24e · All other expenses

    total $81,622 · program services $75,766 · management and general $5,856

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $10,412,800 · end of year $7,578,635

  • 2 · Savings and temporary cash investments

    beginning of year $53,392,696 · end of year $62,175,235

  • 3 · Pledges and grants receivable

    beginning of year $3,228,834 · end of year $2,062,304

  • 10a · Land, buildings and equipment: cost or other basis

    $4,895,095

  • 10b · Land, buildings and equipment: accumulated depreciation

    $605,650

  • 10c · Land, buildings and equipment, net

    beginning of year $2,157,217 · end of year $4,289,445

  • 11 · Investments: publicly traded securities

    beginning of year $669,715,999 · end of year $618,362,258

  • 12 · Investments: other securities

    beginning of year $6,979,390 · end of year $909,994

  • 15 · Other assets

    beginning of year $11,043,740 · end of year $10,665,470

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,031,517 · end of year $20,584,364

  • 18 · Grants payable

    beginning of year $506,546 · end of year $754,500

  • 25 · Other liabilities

    beginning of year $289,944 · end of year $313,786

  • 27 · Net assets without donor restrictions

    beginning of year $735,521,711 · end of year $677,377,145

  • 28 · Net assets with donor restrictions

    beginning of year $7,580,958 · end of year $7,013,546

Mission and programs · 2022

Mission

THE COMMUNITY FOUNDATION OF GREATER DES MOINES IMPROVES THE QUALITY OF LIFE FOR ALL BY PROMOTING CHARITABLE GIVING, CONNECTING DONORS WITH CAUSES THEY CARE ABOUT AND PROVIDING LEADERSHIP ON IMPORTANT COMMUNITY ISSUES . . . WE'RE SIMPLY BETTER TOGETHER.

Activities or mission (Part I)

PROMOTE CHARITABLE GIVING, CONNECT DONORS WITH CAUSES, PROVIDE LEADERSHIP ON COMMUNITY ISSUES

  • THE COMMUNITY FOUNDATION OF GREATER DES MOINES WORKS WITH INDIVIDUAL DONORS, FAMILIES, BUSINESSES, NONPROFIT ORGANIZATIONS AND COMMUNITIES TO ESTABLISH CHARITABLE GIVING FUNDS THAT BENEFIT CAUSES AND COMMUNITIES FOREVER. THE COMMUNITY FOUNDATION IMPROVES QUALITY OF LIFE FOR ALL BY PROMOTING CHARITABLE GIVING, CONNECTING DONORS WITH CAUSES THEY CARE ABOUT AND PROVIDING LEADERSHIP ON IMPORTANT COMMUNITY ISSUES. THE COMMUNITY FOUNDATION OF GREATER DES MOINES IS CONFIRMED IN COMPLIANCE WITH NATIONAL STANDARDS FOR U.S. COMMUNITY FOUNDATIONS. THE COMMUNITY FOUNDATION OFFERS EXPERT GIVING ADVICE, CHARITABLE GIVING TOOLS TO MEET INDIVIDUAL GIVING GOALS, PROFESSIONAL INVESTMENT MANAGEMENT OF CHARITABLE GIVING FUNDS AND MAXIMUM TAX ADVANTAGES. THE COMMUNITY FOUNDATION ADMINISTERS MORE THAN 2,400 CHARITABLE COMPONENT FUNDS. THROUGH COMMUNITY FOUNDATION GRANTMAKING PROGRAMS AND DONOR FUNDS, OVER $64 MILLION WAS GRANTED TO CHARITABLE CAUSES IN 2022.

    Expenses $71,271,920 · Grants $64,584,969

  • THE COMMUNITY FOUNDATION SERVES AS THE FISCAL SPONSOR FOR IMPORTANT COMMUNITY BETTERMENT INITIATIVES. THESE INITIATIVES FULFILL SHORT-TERM ADMINISTRATIVE NEEDS FOR A SPECIFIC PROGRAM OR PROJECT THAT IS KEY TO THE FUTURE VIABILITY OF THE COMMUNITY. BY SERVING AS FISCAL SPONSOR, THE COMMUNITY FOUNDATION ELIMINATES THE NEED FOR THESE VOLUNTEER GROUPS TO ESTABLISH AN UNNECESSARY NONPROFIT ORGANIZATION, YET ALLOWS FOR THE PROJECT TO BE CARRIED OUT IN A PRUDENT MANNER WITH STRONG FISCAL OVERSIGHT. THE COMMUNITY FOUNDATION PROVIDES ADMINISTRATIVE AND FINANCIAL SERVICES FOR THESE PROJECTS. EXAMPLES INCLUDE THE LAURIDSEN SKATEPARK, GRAY'S LAKE, THE MIDAMERICAN ENERGY COMPANY RECPLEX AND PLANNING FOR THE GREATER DES MOINES DISASTER RECOVERY FUND.

    Expenses $3,611,709 · Grants $1,840,434

  • THE COMMUNITY FOUNDATION IS COMMITTED TO IMPROVING QUALITY OF LIFE IN GREATER DES MOINES AND RECOGNIZES THE IMPORTANT ROLE THE NONPROFIT SECTOR PLAYS IN BUILDING STRONG COMMUNITIES. THE COMMUNITY FOUNDATION'S LEADERSHIP GRANTS SUPPORT CRITICAL PROJECTS AND PROGRAMS THAT IMPROVE QUALITY OF LIFE IN GREATER DES MOINES. ITS CAPACITY BUILDING GRANTS STRENGTHEN THE EFFICIENCY AND EFFECTIVENESS OF NONPROFIT ORGANIZATIONS AND PROVIDE FUNDING FOR TECHNICAL ASSISTANCE AND CONSULTATION TO HELP IMPROVE THE CAPACITY AND MANAGEMENT OF NONPROFIT ORGANIZATIONS. IN ADDITION, THE COMMUNITY FOUNDATION PLAYS A CRITICAL ROLE IN ASSISTING NONPROFIT ORGANIZATIONS THROUGH ACCOUNTING SERVICES WHICH ALLOWS THEIR FOCUS TO REMAIN ON MISSION FULFILLMENT.

    Expenses $1,901,216 · Grants $1,187,908 · Revenue $637,864

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kristine Knous

    PRESIDENT

    Total calculated
    $319,512
    From this org
    $275,695
    From related orgs
    $0
    Other
    $43,817
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $275,281
    Bonus
    $0
    Other
    $414
    Deferred
    $16,500
    Nontaxable benefits
    $27,317
    Filer's total
    $319,512

  • Karla Jones-Weber

    CHIEF FINANCIAL & ADMINIST

    Total calculated
    $227,623
    From this org
    $188,121
    From related orgs
    $0
    Other
    $39,502
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,864
    Bonus
    $0
    Other
    $257
    Deferred
    $11,574
    Nontaxable benefits
    $27,928
    Filer's total
    $227,623

  • Lynne Yontz

    CHIEF CHARITABLE GIVING OF

    Total calculated
    $185,135
    From this org
    $156,244
    From related orgs
    $0
    Other
    $28,891
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,957
    Bonus
    $0
    Other
    $287
    Deferred
    $9,222
    Nontaxable benefits
    $19,669
    Filer's total
    $185,135

  • Angela Dethlefs-Trettin

    CHIEF COMMUNITY IMPACT OFF

    Total calculated
    $177,166
    From this org
    $154,722
    From related orgs
    $0
    Other
    $22,444
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,598
    Bonus
    $0
    Other
    $124
    Deferred
    $9,180
    Nontaxable benefits
    $13,264
    Filer's total
    $177,166

  • Kris Pete-Swanson

    VP OF FINANCE, CONTROLLER

    Total calculated
    $161,806
    From this org
    $135,043
    From related orgs
    $0
    Other
    $26,763
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,814
    Bonus
    $0
    Other
    $229
    Deferred
    $8,121
    Nontaxable benefits
    $18,642
    Filer's total
    $161,806

  • Sara Bonney

    CHIEF MARKETING OFFICER

    Total calculated
    $136,156
    From this org
    $127,294
    From related orgs
    $0
    Other
    $8,862
    Hours/week
    40

  • Franklin Codel

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Susan Fitzsimmons

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Gerry Neugent

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Andrea Abel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Teree Caldwell-Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joyce Chapman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marta Codina

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter Cownie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Suzanna De Baca

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathy Fehrman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Allison Fleming

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • George Hiller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Houston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Debbie Hubbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fred Hubbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Joseph Jones

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dan Keough

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Izaah Knox

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Lacy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marty Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sheldon Ohringer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jill Oman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Darren Rebelez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sunnie Richer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert Riley Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Ruan IV

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Rupprecht

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brad Schoenfelder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cynthia S Thorland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GDMCF PROPERTIES LLC

    REAL ESTATE · IA · income $0 · assets $3,040,520

    Directly controlled by COMMUNITY FOUNDATION OF GREATER DES MOINES

  • KEEP IOWA GROWING LLC

    FARMLAND · IA · income $56,360 · assets $2,691,000

    Directly controlled by COMMUNITY FOUNDATION OF GREATER DES MOINES

  • GDMCF INVESTMENTS LLC

    INVESTMENT · IA · income $0 · assets $0

    Directly controlled by COMMUNITY FOUNDATION OF GREATER DES MOINES

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BRICKER-PRICE INC

    C · INVESTMENT · IA · 100% owned · share of income -$5,375 · share of assets $1,554,245 · controlled entity

    Directly controlled by COMMUNITY FOUNDATION OF GREATER DES MOINES

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202333189349316833

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.