//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Looser Flake Charitable Foundationnfp is a private corporation based in MOLINE, IL. The foundation received its IRS ruling in 2009. The principal officer is Quad City Bank & Trust Co. It holds total assets of $5.8M. Annual income is reported at $1.8M. Total assets have grown from $951K in 2011 to $6M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Looser Flake Charitable Foundationnfp has made 48 grants totaling $1.5M, with a median grant of $17K. Annual giving has grown from $315K in 2020 to $388K in 2023. Grantmaking activity was highest in 2022 with $417K distributed across 19 grants. Individual grants have ranged from $2K to $125K, with an average award of $31K. The foundation has supported 25 unique organizations. Grants have been distributed to organizations in Illinois and Iowa. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Looser Flake Charitable Foundationnfp primarily funds organizations in the area of education. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in IL, IA.
Looser Flake Charitable Foundationnfp has distributed a total of $1.5M across 48 grants. The median grant size is $17K, with an average of $31K. Individual grants have ranged from $2K to $125K.
Looser Flake Charitable Foundationnfp typically selects its grantees rather than accepting unsolicited proposals.
Looser Flake Charitable Foundationnfp is headquartered in MOLINE, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tracy Brashears | DIRECTOR/SECRETARY/TREASURER | $0 | $0 | N/A |
| John A Slover | DIRECTOR/PRESIDENT/ASST SEC | $0 | $0 | N/A |
| Frank Mitvalsky | DIRECTOR | $0 | $0 | N/A |
Total Giving
$494K
Total Assets
$6M
Fair Market Value
$8.6M
Net Worth
$6M
Grants Paid
$388K
Contributions
N/A
Net Investment Income
$162K
Distribution Amount
$404K
Total: $5.8M
Total Grants
48
Total Giving
$1.5M
Average Grant
$31K
Median Grant
$17K
Unique Recipients
25
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Limitless FoundationPRODUCTION OF FILM ABOUT | Chicago, IL | $20K | 2023 |
| Mercer County Better Together2023 BACKBONE SUPPORT & | Aledo, IL | $75K | 2023 |
| Mercer County School DistrictJUMPSTART STEM GRANT | Aledo, IL | $57K | 2023 |
| Sherrard Cusd #200MENTAL HEALTH EDUCATION & | Sherrard, IL | $53K | 2023 |
| Mercer County Health DepartmentMENTAL HEALTH ACTION | Aledo, IL | $52K | 2023 |
| City Of KeithsburgRIVERFRONT PERFORMANCE | Keithsburg, IL | $30K | 2023 |
| Quad Cities Community FoundationGRANTS W/IN CHAR PURPOSE OF | Bettendorf, IA | $25K | 2023 |
| Augustana College2023 INSTALLMENT-LOOSER | Rock Island, IL | $10K | 2023 |
| Community Projects Of Aledo IncLIGHTING & SOUND-CENTRAL | Aledo, IL | $10K | 2023 |
| Aledo Main Street IncMERCER COUNTY ART | Aledo, IL | $7K | 2023 |
| Quad City Symphony OrchestraBRINGING EDUCATION PROGRAMS | Davenport, IA | $3K | 2023 |
| Community Projects For Aledo IncMERCER CO COMM BAND-UPGRADE | Aledo, IL | $2K | 2023 |
| Mercer County Family YmcaGRANT TO SUPPORT CONTINUING THE DREAM & NEW RECREATION EQUIPT | Aledo, IL | $60K | 2022 |
| Village Of MathervilleGRANT AWARDED FOR ENJOY MATHERVILLE LAKE PROJECT | Matherville, IL | $18K | 2022 |
| Village Of North HendersonGRANT AWARDED FOR NEW PLAYGROUND STRUCTURE | North Henderson, IL | $18K | 2022 |
| Village Of SherrardGRANT AWARDED FOR SHERRARD PARK PROJECT PHASE II | Sherrard, IL | $15K | 2022 |
| Moline FoundationGRANT AWARDED FOR CHALLENGE GRANT FOR THE SHERRARD ACADEMIC FOUNDATION | Moline, IL | $14K | 2022 |
| Village Of New WindsorGRANT AWARDED FOR BASEBALL FIELD UPGRADES | New Windsor, IL | $13K | 2022 |
| City Of New BostonGRANT AWARDED FOR SHOTWELL PARK RELOCATION | New Boston, IL | $12K | 2022 |
| Mercer County Agricultural SocietyGRANT AWARDED FOR GRUNDSTROM CONCRETE ROADWAY PROJECT | Aledo, IL | $10K | 2022 |
| City Of AledoGRANT AWARDED FOR JAYCEE PARK REHABILITATION | Aledo, IL | $9K | 2022 |
| Village Of ViolaGRANT AWARDED FOR MILES PARK EQUIPMENT PROJECT | Viola, IL | $9K | 2022 |
| Village Of JoyGRANT AWARDED FOR JUNIS VILLAGE PARK PROJECT | Joy, IL | $8K | 2022 |
| Village Of SeatonGRANT AWARDED FOR SEATON PARK BEAUTIFICATION | Seaton, IL | $8K | 2022 |
| Eliza TownshipGRANT AWARDED FOR CONCESSION STAND REPAIR/REBUILD | New Boston, IL | $8K | 2022 |