Hubbell-waterman Fndn

DAVENPORT, IA EIN: 42-6126467

Hubbell-Waterman Foundation is a private foundation based in the Quad Cities region, serving the Davenport, Iowa area and surrounding communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.9M

-7.6% YoY

Grant Count

40

+0.0% YoY

Avg Grant Size

$47K

-7.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

The foundation makes grants to nonprofit organizations across the Quad Cities region. Recent grantmaking activity includes:

Grant Range

s range from approximately $12,500 to $15,900 based on recent awards

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in the Quad Cities region, including Davenport, Moline, and Rock Island in Iowa and Illinois.

Grant Distribution by State

4states

Cities

ANCHORAGEBETTENDORFBETTENDORFICHICAGOCOAL VALLEYCOLUMBUSDAVENPORTDES MOINESEAST MOLINEELGINIOWA CITYLECLAIREMOLINEROCK ISLAND

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$507K$1M$2M$2M27 grants202032 grants202135 grants202240 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

QUAD CITIES GOLF CLASSIC…$852KPUTNAM MUSEUM AND SCIENC…$140KTWO RIVERS YMCA INC$75KVERA FRENCH COMMUNITY ME…$75KYWCA$65KIOWA LEGAL AID$60KTOGETHER MAKING A BETTER…$50KWORLD RELIEF QUAD CITIES$50KFRIENDS OF THE DAVENPORT…$38KQUAD CITY SYMPHONY ORCHE…$25K

Grant Size Distribution

174 grants across all recorded years

139<$50K22$50–100K8$100–250K$250–500K5$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Hubbell-waterman Fndn

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Quad Cities Golf Classic Charitable ($852,000), Putnam Museum and Sciences Center ($140,000), Two Rivers Ymca Inc ($75,000).

RecipientPurposeAmount
AKWAABA QC MOLINE, ILGENERAL OPERATING$20,000
ARGROW'S HOUSE DAVENPORT, IAGENERAL OPERATING$20,000
AZUBUIKE AFRICAN AMERICAN COUNCIL FOR THE ARTS DAVENPORT, IAGENERAL OPERATING$10,000
BALLET QUAD CITIES ROCK ISLAND, ILGENERAL OPERATING$20,000
BOYS AND GIRLS CLUBS OF THE MISSISSIPPI VALLEY MOLINE, ILGENERAL OPERATING$20,000
CAFE ON VINE DAVENPORT, IAGENERAL OPERATING$8,000
CHILDREN'S THERAPY CENTER OF THE QUAD CITIES ROCK ISLAND, ILGENERAL OPERATING$20,000
CHRIST UNITED METHODIST CHURCH EAST MOLINE, ILGENERAL OPERATING$2,500
COMMUNITY HEALTH CARE DAVENPORT, IAGENERAL OPERATING$15,000
EVERYCHILD MOLINE, ILGENERAL OPERATING$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
C DANA WATERMAN IIITRUSTEE/SECRETARY5
ROBERT VP WATERMAN JRTRUSTEE/BOARD CHAIR2.5
DAVID W LUNDY JRTRUSTEE/BOARD VICE CHAIR/GOV COMMITTEE2
CHRISTOPHER M BERGLUNDTRUSTEE/TREASURER/FINANCE COMMITTEE2
SARI W BLUMTRUSTEE/GRANTS COMMITTEE CHAIR2.5
MEGHAN W BAKERTRUSTEE1
LYNN W BLUMTRUSTEE1
LESLIE W BRYANTRUSTEE1
MELISSA B JACKTRUSTEE1
PETER LL LUNDYTRUSTEE1
COURTNEY B STIEFELTRUSTEE1
JENNIFER W WATERMANTRUSTEE1
LARNED A WATERMAN JRTRUSTEE1

Recent News & Activity

Recent developments and announcements

The Hubbell-Waterman Foundation announced a major grant distribution of over $2 million to 67 nonprofit organizations in the Quad Cities area, demonstrating significant philanthropic activity and commitment to the region's nonprofit sector.

Hubbell-Waterman Foundation grants over $2 million \u2014 Quad Cities\

Frequently Asked Questions

How do I apply for a grant from Hubbell-waterman Fndn?

The foundation makes grants to nonprofit organizations across the Quad Cities region. Recent grantmaking activity includes: • Awarded over $2 million in grants to 67 nonprofit organizations in a recent funding cycle • Grant sizes range from approximately $12,500 to $15,900 based on recent awards • Supports general operating expenses for recipient organizations Recent grantees include: • West End Alano Club: $15,900 for general operating support (2024)

Where does Hubbell-waterman Fndn make grants?

The foundation primarily funds organizations in the Quad Cities region, including Davenport, Moline, and Rock Island in Iowa and Illinois.

What size grants does Hubbell-waterman Fndn award?

In 2024, Hubbell-waterman Fndn awarded 40 grants totaling $1.9M — an average of about $47K per grant, based on its IRS Form 990 filings.

What is Hubbell-waterman Fndn's EIN?

Hubbell-waterman Fndn's EIN (Employer Identification Number) is 42-6126467. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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