Community Foundation of Greater Dubuque

What it reported doing in 2024

The community foundation of greater dubuque envisions a vibrant and inclusive dubuque region where everyone can thrive. Since 2002, we have inspired people to give back to their community, and we turn this generosity into lasting change across our region, increasing access to resources and opportunities that help all people succeed. With our affiliate foundations across the dubuque region metro dubuque and dubuque county as well as allamakee, clayton, clinton, Delaware, jackson and jones counties we chart clear paths forward that address complex social challenges, from academic achievement to economic opportunity. We are committed to engaging, listening to and learning from all corners of the community to understand its most pressing needs today and tomorrow and then building the partnerships and assets necessary to address them.we personally advise individuals, families, corporations and nonprofits to help them become more invested in our community's success today and tomorrow. One way we do this is by helping them build endowments to create permanent, locally controlled pools of assets that support the work of local organizations and build their capacity to improve our region. We also help generous people and entities build non-endowed or project funds that also serve the charitable needs of the community effectively and efficiently.our work strengthening greater dubuque's nonprofitsthrough grantmaking, capacity-building and morehelps them make essential resources accessible to our entire community. To understand how grantmaking can have the biggest impact, we gather knowledge about our community by listening to diverse voices and learning about pressing needs from those most affected and use this knowledge to drive decision-making. We administer several annual grantmaking programs: community impact, theisen's more for your community, yappers, women's giving circle and mediacom arts and culture.we also assist in the grantmaking process for our eight affiliate foundations: allamakee community foundation, clayton county foundation for the future, foundation for the future of Delaware county, dyersville area community foundation, community foundation of jackson county, jones county community foundation, lincolnway community foundation and river bluff community foundation. The state of Iowa awards money to counties that do not have gaming institutions. Part of the money goes into a permanent endowment and part goes to grantmaking for the county.as conveners, we bring community members together to align on a shared vision for the region and determine what we can all do to have a lasting impact on its future. Through thoughtful collaboration across sectors, we're uniquely able to facilitate a clear path toward a strong future for our community. We do this by facilitating meetings, offering educational opportunities and leading initiatives that involve diverse community members in driving change. These initiatives include community heart & soul, every child reads, inclusive dubuque, project hope, women's giving circle and yappers, as well as efforts aimed at improving access to child care, brain health services and resources and jobs for immigrant residents.generosity and collaboration fuel everything we do, and everyone has something to contribute. Visit dbqfoundation.org to learn about the many ways we are building a strong, thriving greater dubuque for all.

Financial Efficiency

• Mission deployment rate: 69.3%; rating input score 69
• Program expense ratio: 90.7%; rating input score 91
• Fundraising efficiency: $114.48 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

• Consistency checks: 89.5%; rating input score 89; 3rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 89.4%; rating input score 89; 20th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 51.1%; rating input score 94; 94th percentile among comparable filings
• Total-asset coverage ratio: 11.61; rating input score 92; 92nd percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 94; 94th percentile among comparable filings
• Officer compensation ratio: 3.7%; rating input score 62; 62nd percentile among comparable filings

Growth

• Program expense growth: 7.3% per year; rating input score 100; 57th percentile among comparable filings
• Revenue growth: 6.3% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 10.8% per year; rating input score 100; 68th percentile among comparable filings