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Community Foundation Reaches Grantmaking Milestone

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Vice President Kelly Thompson says the grant that helped the foundation reach 100 million dollars was from the Marsha and Don Pedersen Endowment for Marriage and Family Counseling, of Rock Island.

"This grant kind of perfectly encapsulates a big part of what the Community Foundation is here for which is to create permanent support for important causes in the Quad Cities. And this is just one example of the thousands of grants that went out last year."

The Community Foundation was founded in 1964 and its assets now total more than 180 million dollars.

Last year, the foundation also made its largest grant ever - a three year, 350,000 dollar grant to support efforts by the Quad Cities Housing Council to create affordable housing.