Teamquest Foundation is a private corporation based in CLEAR LAKE, IA. The foundation received its IRS ruling in 2003. The principal officer is % Terry A Wisner. It holds total assets of $408K. Annual income is reported at $445K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Teamquest Foundation has made 12 grants totaling $77K, with a median grant of $5K. Annual giving has grown from $14K in 2020 to $24K in 2023. Individual grants have ranged from $1K to $20K, with an average award of $6K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Teamquest Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IA.
Teamquest Foundation has distributed a total of $77K across 12 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $20K.
The application deadline is APPLICATIONS ARE ACCEPTED BETWEEN JANUARY 1 AND APRIL 30 OF EACH YEAR..
Teamquest Foundation is headquartered in CLEAR LAKE, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brad Baalson | PRESIDENT | $0 | $0 | $0 |
| John Raymond | VICE PRESIDE | $0 | $0 | $0 |
| Tracy Anderson | TREASURER | $0 | $0 | $0 |
| Stacy Doughan | SECRETARY | $0 | $0 | $0 |
Total Giving
$31K
Total Assets
$270K
Fair Market Value
$395K
Net Worth
$270K
Grants Paid
$24K
Contributions
$0
Net Investment Income
$4K
Distribution Amount
$19K
Total: $0
Total Grants
12
Total Giving
$77K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Clear Lake Community SchoolSTEAM LEARNING | Clear Lake, IA | $20K | 2023 |
| Niacc FoundationSTEAM LEARNING | Mason City, IA | $4K | 2023 |
| Niacc Pappajohn Entrprenuerial CtrSTEAM LEARNING | Mason City, IA | $4K | 2022 |
| Ballet Des MoinesSTEAM LEARNING | West Des Moines, IA | $3K | 2022 |
| Macnider Art MuseumSTEAM LEARNING | Mason City, IA | $1K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Newman Catholic SchoolsSTEM LEARNING | Mason City, IA | $5K | 2021 |
| Forest City YmcaSTEM LEARNING | Forest City, IA | $5K | 2021 |
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