The Iowa State Capitol

Form 990-PFTax year 2025EIN 72-1538400

Teamquest Foundation

A private foundation in Clear Lake, IA. Its return for tax year 2025 lists 3 grants and $13,650 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Teamquest Foundation
1907 N 24th St
Clear Lake, IA 50428
(515) 865-4065
[email protected]
Form and materials
Applicants must present evidence of their exempt status within the meaning of section 501(c)(3) and present such other detail and information as the foundation may require.
Deadlines
Applications are accepted between january 1 and april 30 of each year.
Restrictions
None

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $13,650

    Grants listed
    3
    Assets, end of year
    $404,867
  • Tax year 2024

    $19,920

    Grants listed
    2
    Assets, end of year
    $407,579
  • Tax year 2023

    $23,500

    Grants listed
    2
    Assets, end of year
    $269,890
  • Tax year 2022

    $20,130

    Grants listed
    5
    Assets, end of year
    $294,735
  • Tax year 2021

    $20,000

    Grants listed
    3
    Assets, end of year
    $298,066
  • Tax year 2020

    $13,500

    Grants listed
    2
    Assets, end of year
    $303,029
  • Tax year 2019

    $23,000

    Grants listed
    4
    Assets, end of year
    $320,423
  • Tax year 2018

    $18,800

    Grants listed
    4
    Assets, end of year
    $322,889

Grants paid in 2025

3 grants, largest first

As listed on the return.

  1. North Iowa Area Community CollegeMason City, IA

    Steam learning

    $5,000
  2. Clear Lake Community SchoolClear Lake, IA

    Steam learning

    $4,500
  3. 43 North IowaMason City, IA

    Steam learning

    $4,150

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $5,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Iowa3 grants $13,650

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Brad BaalsonPRESIDENT Hours 0.3Pay $0
  • John RaymondVICE PRESIDE Hours 0.3Pay $0
  • Tracy AndersonTREASURER Hours 0.3Pay $0
  • Stacy DoughanSECRETARY Hours 0.3Pay $0

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Ray V Hewitt FoundationClear Lake, IA 5 grants Accepts applications $14,500 giving
  2. Ernie P Schwartz FoundationCedar Rapids, IA 3 grants Accepts applications $14,000 giving
  3. Clizbe Family FoundationClinton, IA 2 grants Preselected only $14,000 giving
  4. Johnson DK Char Scholarship FdCedar Rapids, IA 3 grants Preselected only $12,100 giving
  5. Tigger & Irving Jensen FoundationSioux City, IA 4 grants Accepts applications $11,700 giving