Teamquest Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEAR LAKE, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $408K in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $160K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$408K
+51.0% YoY
Annual Giving
$20K
-15.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$10K
-15.2% YoY
About Teamquest Foundation
Based on IRS filings
Teamquest Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEAR LAKE, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $408K in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $160K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $407,579 | $269,890 | $294,735 |
| Revenue | $165,443 | $5,692 | $24,801 |
| Expenses | $27,587 | $30,674 | $28,009 |
| Qualifying Distributions | $21,720 | $25,212 | $21,760 |
| Net Investment Income | $159,576 | $4,414 | $8,963 |
| Distributable Amount | $18,090 | $19,212 | $20,029 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRAD BAALSON | PRESIDENT | 0.3 | — |
| JOHN RAYMOND | VICE PRESIDE | 0.3 | — |
| TRACY ANDERSON | TREASURER | 0.3 | — |
| STACY DOUGHAN | SECRETARY | 0.3 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Total Given
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Lohse Family Foundation
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Assets
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Total Given
$400K
Vande Brake Family Foundation
ORANGE CITY, IA
Assets
$172K
Grants
6
Total Given
$47K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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