• About Us
  • Financial Information

Financial Information

The Community Foundation recognizes stewardship of the assets entrusted to us as one of our most important responsibilities. As a public charity, we adhere to the highest standards of operational excellence and are confirmed in compliance with National Standards for U.S. Community Foundations.

Financial Highlights

The Community Foundation administers assets of $489,301,196 million and administers 1,749 charitable funds. Through Community Foundation grantmaking programs and donors funds, over $29 million was granted to charitable causes in 2016.

Independent Auditor's Report

As a public charity, it is our fiduciary responsibility to ensure the accuracy of our financial statements. Annually, the Community Foundation retains an independent auditor to conduct an audit in accordance with Generally Accepted Auditing Standards (GAAS) and to express an opinion on the financial statements.

 

2016 Independent Auditor Report

2015 Independent Auditor Report

IRS Form 990

Form 990 is used by tax-exempt organizations and is required by the IRS to export all activities related to the organization's mission. Form 990-T is used by tax-exempt organizations to report unrelated business income. Please note the From 990s provided are abbreviated versions.

2015 Form 990
2015 Form 990T


2014 Form 990
2014 Form 990T


 

 




































For more information

Kris Pete-Swanson

Vice President of Finance, Controller
Phone (515) 447-4200
pete@desmoinesfoundation.org