Community Fdn of Greater Des Moines
99% goes to programs $0 to raise $100 Strong reserves
Community Fdn of Greater Des Moines is a 501(c)(3) organization based in Des Moines, Iowa, registered in 1995, with $160,755,314 in FY2024 revenue. CharityIndex grades it A, and it directs about 99% of spending to programs.
1915 Grand Ave, Des Moines, IA, 50309 EIN 42-6139033 Since 1995
Revenue (FY2024)
$160.8M
▲ 47.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$96.6M
Net assets
$892.3M
Employees
41
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Community Fdn of Greater Des Moines: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating111 mo reserves · +40% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Community Fdn of Greater Des Moines: 111 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Community Fdn of Greater Des Moines: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Community Fdn of Greater Des Moines: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Promote charitable giving, connect donors with causes, provide leadership on community issues
What they do
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.
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.
Contact & location
- Address
- 1915 Grand Ave, Des Moines, IA, 50309
- City
- Des Moines
- State
- Iowa
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $75.6M (FY2013) to $160.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $26.4MNet assets $892.3M
Operating margin
39.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$918.7M
Total liabilities
$26.4M
Net assets
$892.3M
Salaries & benefits
$4.1M
4% of expenses
Board members
31
31 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $160,755,314▲47.4% | $96,607,690▲33.2% | $892,347,841▲13.3% | $918,701,941▲13.2% | 990 |
| 2023 | $109,094,031▼16.2% | $72,508,750▼6.2% | $787,567,662▲15.1% | $811,888,171▲15.0% | 990 |
| 2022 | $130,145,897▼10.2% | $77,264,221▲29.2% | $684,390,691▼7.9% | $706,043,341▼6.7% | 990 |
| 2021 | $144,988,273▲33.9% | $59,798,330▼25.3% | $743,102,669▲19.0% | $756,930,676▲18.5% | 990 |
| 2020 | $108,289,441▲10.8% | $80,012,038▲39.3% | $624,529,772▲12.2% | $638,683,906▲12.4% | 990 |
| 2019 | $97,760,217▲15.6% | $57,436,058▲31.1% | $556,691,684▲22.6% | $568,345,510▲22.5% | 990 |
| 2018 | $84,589,663▼20.8% | $43,797,390▼22.1% | $454,029,587▼1.6% | $463,969,238▼1.8% | 990 |
| 2017 | $106,867,068▲22.1% | $56,219,972▲40.6% | $461,356,584▲23.1% | $472,304,977▲22.7% | 990 |
| 2016 | $87,559,448▲20.0% | $39,987,806▲8.0% | $374,667,721▲14.2% | $384,847,153▲14.5% | 990 |
| 2015 | $72,976,185▲2.6% | $37,037,050▼1.7% | $328,071,767▲5.8% | $336,221,749▲6.5% | 990 |
| 2014 | $71,133,862▼5.9% | $37,693,740▲21.7% | $310,067,134▲12.7% | $315,827,161▲13.2% | 990 |
| 2013 | $75,582,815 | $30,971,990▼9.0% | $275,078,922▲22.4% | $279,070,233▲23.6% | 990 |
| 2012 | — | $34,038,082▲4.5% | $224,785,051▲22.8% | $225,774,296▲22.8% | 990 |
| 2011 | — | $32,586,890▼18.3% | $183,069,088▲2.6% | $183,836,949▲2.2% | 990 |
| 2010 | — | $39,891,847 | $178,347,959 | $179,948,949 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kristine Knous — $366,599 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kristine Knous | President | 40 | $366,599 |
| Karla Jones | Chief Financial & Administrative Officer | 40 | $221,077 |
| Lynne Yontz | Chief Charitable Giving Officer | 40 | $172,237 |
| Angela Dethlefs-trettin | Chief Community Impact Officer | 40 | $170,891 |
| Kris Pete-swanson | Senior Vp of Finance | 40 | $157,128 |
| Sarah Ramsey | Director of Donor Engagement | 1 | $108,361 |
| Emily Toribio | Vp of Marketing and Communications | 1 | $103,413 |
| Ryan Douglas | Sr. Charitable Giving Advisor | 1 | $102,512 |
| Ardis Kelley | Director | 1 | — |
| Brad Schoenfelder | Director | 1 | — |
| Cynthia S Thorland | Director | 1 | — |
| Dan Houston | Director | 1 | — |
| Dan Keough | Director | 1 | — |
| Darren Rebelez | Director | 1 | — |
| Debbie Hubbell | Vice Chair | 2 | — |
| Dr Adreain Henry | Director | 1 | — |
| Franklin Codel | Director | 1 | — |
| Fred Hubbell | Director | 1 | — |
| George Hiller | Director | 1 | — |
| Gerry Neugent | Secretary | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| J Pettiecord Inc | General Contractor/construction Costs | $353,836 |
| American Building Contractors Inc | General Contractor/repair Costs | $239,625 |
| Silchester International Investors | Investment Mangement Services | $238,626 |
| Ren Technology Services | Software Services | $203,595 |
| Pavilion A Mercer Practice | Investment Consulting Services | $200,000 |
Grants received · $16.4M total
151 grants to Community Fdn of Greater Des Moines totaling $16.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delta Dental of Iowa | Contribution to cfgdm for the ddia donor advised fund. the donor advised fund is used for the repayment of dental education debt for a dentist who agrees to establish an office in a rural, underserved area and legacy woods project. | 2024 | $200,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2024 | $150,000 |
| Central Iowa Hospital Corporation | Program support | 2024 | $103,420 |
| Independent Charitable Gift Fund | General support | 2024 | $60,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2024 | $50,000 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $49,500 |
| Prairie Meadows Race Track & Casino Inc | Bridging the gaps to build career pathways experiences | 2024 | $43,700 |
| American Endowment Foundation | Philanthropy | 2024 | $12,000 |
| The Blackbaud Giving Fund | General support | 2024 | $11,710 |
| Delta Dental of Iowa | Legacy woods project | 2024 | $10,000 |
| Thrivent Financial For Lutherans | General support | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $9,899 |
| Charities Aid Foundation America | Charitable donation | 2024 | $9,055 |
| Unitypoint Health-marshalltown | Program service | 2024 | $8,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $297,400 |
Grants made · $55.7M in FY2024
1,259 grants totaling $55.7M in FY2024 — showing the 15 largest. All grants made by Community Fdn of Greater Des Moines →
| Recipient | Purpose | Amount |
|---|---|---|
| Catholic Foundation of Southwest Iowa | Grant distribution | $7,339,995 |
| The Spirit of Okoboji | Emerald estates purchase support | $3,050,000 |
| The Spirit of Okoboji | Green ice development land purchase. | $2,100,000 |
| United Community Services Inc | Grant distribution | $1,018,847 |
| Maltz Jupiter Theatre Inc | Grant distribution-for the purpose of the conservatory | $1,000,000 |
| Greater Des Moines Public Art Foundation | Grant distribution for purpose of dsm international airport art | $1,000,000 |
| State University of Iowa Foundation | Kevin and mary krause family women's basketball scholarship. | $1,000,000 |
| Dowling Catholic High School | Grant distribution | $1,000,000 |
| Des Moines Performing Arts | Operating grant cycle 2024 - first quarter payment | $500,000 |
| Catholic Tuition Organization | Grant distribution | $415,000 |
| Yourcause LLC - Attn Yc Funding Payments Coe | Grant distribution | $403,650 |
| The Spirit of Okoboji | Grant for golf course development. | $400,000 |
| Yourcause LLC - Attn Yc Funding Payments Coe | Grant distribution | $388,000 |
| Foundation For the Boone Area Humane Society Inc | Grant distribution | $333,843 |
| Des Moines Park & Recreation Foundation | Fbo friends of dsm parks | $333,333 |
Similar organizations in Philanthropy
- Philanthropy
Community Foundation For Western Iowa
Council Blfs, IA
$40.7M
Bannual revenue
Philanthropy
Community Foundation of Greater Dubuque
Dubuque, IA
$29.1M
Bannual revenue
Philanthropy
Quad Cities Community Foundation
Bettendorf, IA
$25.3M
Bannual revenue
Philanthropy
Greater Cedar Rapids Community Foundation
Cedar Rapids, IA
$20.2M
Bannual revenue
Philanthropy
Community Foundation of Greater Muscatine
Muscatine, IA
$18.2M
Bannual revenue
- Philanthropy
Golf Charitable Foundation of Greater Des Moines
Des Moines, IA
$16.4M
Cannual revenue
Philanthropy
Community Foundation of Northeast Iowa
Cedar Falls, IA
$14.5M
Bannual revenue
- Philanthropy
Eric and Kelly Schwartz Charitable Trust
Fairfield, IA
$13.7M
B+annual revenue
- Philanthropy
Keokuk Area Community Foundation
Keokuk, IA
$11.4M
C+annual revenue
- Philanthropy
Hills Bank Donor Advised Gift Fund
North Liberty, IA
$11.0M
C+annual revenue
Compare Community Fdn of Greater Des Moines
Frequently asked questions
- Is Community Fdn of Greater Des Moines a legitimate nonprofit?
- Yes. Community Fdn of Greater Des Moines is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-6139033, based in Des Moines, Iowa. Donations are tax-deductible.
- What is Community Fdn of Greater Des Moines's EIN?
- Community Fdn of Greater Des Moines's Employer Identification Number (EIN) is 42-6139033.
- How much revenue does Community Fdn of Greater Des Moines report?
- Community Fdn of Greater Des Moines reported $160,755,314 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Community Fdn of Greater Des Moines's spending goes to programs?
- Community Fdn of Greater Des Moines spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Fdn of Greater Des Moines have?
- CharityIndex grades Community Fdn of Greater Des Moines A, based on program efficiency and fundraising cost.
- How much does Community Fdn of Greater Des Moines's highest-paid employee make?
- The highest reported compensation on Community Fdn of Greater Des Moines's latest Form 990 is $366,599, paid to Kristine Knous (President).
More nonprofits in Des Moines
Explore more
Data for Community Fdn of Greater Des Moines (EIN 42-6139033) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.