THE GREATER CEDAR RAPIDS COMMUNITY FOUNDATION

EIN 426053860 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$42.35M
at fiscal year end
Grants out
$4.73M
from DAF accounts
Contributions in
$7.36M
received into DAFs
Payout rate
11.2%
median is 12.5%
Accounts
253
funds held at year end
Average account
$167K
assets per fund

At 11.2%, this sponsor paid out below the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$37.0M
FY2019
$36.6M
FY2020
$39.6M
FY2021
$36.5M
FY2022
$42.3M
FY2023

Grants paid by year

$4.2M
FY2019
$5.0M
FY2020
$6.2M
FY2021
$5.1M
FY2022
$4.7M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 886 grant lines totalling $45.6M across 2019–2024 — $51K per line.

$10K of this sponsor’s grants went to other DAF sponsors — 0% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Mercy Medical Center Cedar Rapids Iowa Endowment FEIN 510233180 IA$2.8M
Coe CollegeEIN 420686467 IA$1.5M
United Way Of East Central IowaEIN 420861239 IA$1.3M
Cedar Rapids Museum Of ArtEIN 420680248 IA$1.3M
University Of Iowa Center For AdvancementEIN 420796760 IA$1.2M
ConnectcrEIN 823025860 IA$1.1M
Matthew 25 Ministry HubEIN 260467321 IA$1.1M
Cornell CollegeEIN 420680335 IA$1.1M
Foundation 2 IncEIN 421078444 IA$970K
Tanager PlaceEIN 420688079 IA$905K
Indian Creek Nature CenterEIN 237260197 IA$897K
Housing Fund For Linn CountyEIN 208890152 IA$896K
Orchestra IowaEIN 420772544 IA$884K
Community Health Free ClinicEIN 134228071 IA$838K
City Of Cedar RapidsEIN 426004336 IA$832K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.