Quick Facts

Year founded

The Greater Cedar Rapids Community Foundation was originally established in 1949 as the Community Welfare Foundation of Cedar Rapids. In 1992, it became a public organization and changed its name to the Greater Cedar Rapids Community Foundation.

Leadership

The Community Foundation is led by our President & CEO, Les Garner. We are governed by a board of directors that is representative of the community.

Assets and number of funds

The Community Foundation currently manages assets in excess of $140 million and administers over 800 charitable funds.

Grants

Through Community Foundation grantmaking programs and donor funds, $8 million was granted to 393 nonprofit organizations in 2015. Since becoming a public foundation in 1992, the Community Foundation has distributed more than $95 million in grants.

Gifts we accept

The Community Foundation accepts gifts of cash and appreciated assets, real estate, bequests, charitable gift annuities, charitable remainder trusts and gifts designated through a life insurance policy, IRA or 401(k) plan.

Tax benefits

Community Foundation donors receive full tax benefits including access to Endow Iowa Tax Credits, a 25% Iowa tax credit in addition to normal federal charitable income tax deductions for certain charitable gifts.

Grantmaking priorities

The Community Foundation’s grantmaking program invests in innovation, sustainability and capacity building across the spectrum of the entire nonprofit sector including education, human services, arts and culture, health, and environment.

Accreditation

The Greater Cedar Rapids Community Foundation is confirmed in compliance with National Standards for U.S. Community Foundations.