Community Foundation Of Northern Illinois

Organization Overview

Community Foundation Of Northern Illinois is located in Rockford, IL. The organization was established in 2001. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Northern Illinois employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Northern Illinois is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Community Foundation Of Northern Illinois generated $12.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $8.7m during the year ending 12/2021. While expenses have increased by 9.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of Northern Illinois has awarded 963 individual grants totaling $32,822,971. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ATTRACT, PRESERVE AND GROW AN ENDOWMENT FOR THE NEEDS OF THE PEOPLE OF NORTHERN ILLINOIS

Describe the Organization's Program Activity:

Part 3 - Line 4a

CFNIL MANAGED 531 FUNDS ESTABLISHED FOR CHARITABLE PURPOSES DURING 2021. MANAGEMENT OF THE FUNDS INCLUDES PRUDENT INVESTMENT AND THE ESTABLISHMENT OF A SPENDING POLICY. THE ORGANIZATION MANAGES A GRANT MAKING PROCESS THAT INCLUDES THE CONVENING OF COMMUNITY VOLUNTEERS TO ADVISE THE FOUNDATION ON GRANT MAKING DECISIONS CONSISTENT WITH THE INTENTIONS OF DONORS AS DOCUMENTED IN THE FUND AGREEMENTS.CONTINUED ON SCHEDULE OCFNIL HAS BEEN CREATING ENDOWMENTS AND HONORING DONOR INTENT THROUGH GRANTMAKING IN THE ROCKFORD REGION SINCE 1953. EARLY GRANTS RESPONDED TO COMMUNITY NEEDS BY FUNDING THE DISTRIBUTION OF THE POLIO VACCINE AND CREATING SAFE PLACES FOR CHILDREN TO PLAY. SINCE ITS FOUNDING, CFNIL HAS DISTRIBUTED THOUSANDS OF GRANTS FOR THE BENEFIT OF THE REGION. THIS HAS BEEN MADE POSSIBLE THROUGH THE GENEROSITY OF CFNIL'S DONORS: INDIVIDUALS, FAMILIES AND ORGANIZATIONS COMMITTED TO IMPROVING THE REGION'S QUALITY OF LIFE. ENDOWED GIFTS CREATE RELIABLE FUNDING FOR CURRENT NEEDS AND FUTURE OPPORTUNITIES. CFNIL DOES NOT CREATE PROGRAMS, WE RESPECT THE EXPERTISE OF NONPROFIT PROFESSIONALS WORKING IN VARIOUS SECTORS AND THE PEOPLE THEY SERVE IN OUR COMMUNITIES TO IDENTIFY NEEDS AND SOLUTIONS.UNRESTRICTED GIFTS SUPPLEMENT CFNIL'S COMMUNITY GRANTS PROGRAM, WHICH PROVIDES GRANTS FOR CHARITABLE ACTIVITIES IN SIX FOCUS AREAS: ARTS & HUMANITIES; EDUCATION; HEALTH; HUMAN SERVICES; SUSTAINABLE COMMUNITIES; YOUTH & FAMILIES. OF THESE SIX, EDUCATION COMPRISES HALF OF ALL THE GRANTMAKING MADE THROUGH THIS PROGRAM. OVER ONE HUNDRED COMMUNITY VOLUNTEERS MAKE UP THE COMMITTEES WHICH REVIEW PROPOSALS AND RECOMMEND RECIPIENTS TO CFNIL'S BOARD OF TRUSTEES.CFNIL'S YOUTH PHILANTHROPY PROGRAM, IN YOUTH WE TRUST (IYWT), PROVIDES GRANTS FOR PROGRAMS AND SERVICES WHICH SPECIFICALLY BENEFIT YOUTH IN OUR COMMUNITY. THE APPLICATIONS ARE CREATED, PROMOTED, AND REVIEWED BY THE IYWT COUNCIL, A GROUP OF HIGH SCHOOL-AGED STUDENTS. THE NEIGHBORHOOD GRANTS PROGRAM IS ADMINISTERED IN PARTNERSHIP WITH NW HOMESTART, A NONPROFIT HOUSING ADVOCACY AGENCY, AND PROVIDES GRANTS TO NEIGHBOR-LED AND NEIGHBORHOOD-SERVING PROJECTS. CFNIL ADMINISTERS A ROBUST SCHOLARSHIP PROGRAM WITH OVER 100 UNIQUE SCHOLARSHIP FUNDS. THE DIVERSITY OF CFNIL'S SCHOLARSHIP PROGRAM REFLECTS THE DIVERSITY OF OUR DONORS AND THE STUDENTS THE FUNDS SERVE; THERE ARE AWARDS FOR STUDENTS OF ALL BACKGROUNDS, EXPERIENCES, AND EDUCATIONAL ASPIRATIONS. MANY SCHOLARSHIPS HAVE LIVING DONORS WHO PARTICIPATE IN THE SCHOLARSHIP SELECTION PROCESS. OVER 140 VOLUNTEERS PARTICIPATE IN SCHOLARSHIP SELECTION COMMITTEES, REVIEWING HUNDREDS OF APPLICATIONS AND RECOMMENDING RECIPIENTS TO CFNIL'S BOARD OF TRUSTEES.MANY OF CFNIL'S FUNDS ARE DESIGNATED BY DONORS FOR SPECIFIC CAUSES, PROGRAMS, OR ORGANIZATIONS. EACH YEAR CFNIL CALCULATES THE DISTRIBUTABLE INCOME OF THESE FUNDS AND MAKES GRANTS TO THE BENEFICIARIES. IT IS CFNIL'S PRIVILEGE TO ADMINISTER THESE FUNDS, WHICH ARE GOVERNED BY FORMAL AGREEMENTS WHICH SPELL OUT THE DONORS' CHARITABLE INTENT. CFNIL IS PROUD TO CONSISTENTLY AND THOROUGHLY STEWARD EACH DONOR'S INTENT, EACH AND EVERY YEAR, FOR THE BENEFIT OF DOZENS OF ORGANIZATIONS AND GENERATIONS OF RESIDENTS IN NORTHERN ILLINOIS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Dan Ross
President/secretary
$144,773
Erin Calkins
Chairperson
$0
Edward Clift
Asst Treasurer
$0
Kathy Kwiat-Hess
Vice Chair
$0
Dayton Smith III
Treasurer
$0
Cheryl Balsam
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,935,610
Noncash contributions included in lines 1a–1f $280,073
Total Revenue from Contributions, Gifts, Grants & Similar$4,935,610
Total Program Service Revenue$130,750
Investment income $2,561,530
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,326,584
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,064,778

Grants Awarded

Over the last fiscal year, Community Foundation Of Northern Illinois has awarded $3,580,951 in support to 104 organizations.

Grant RecipientAmount

ROCKFORD UNIVERSITY

Org PageRecipient Profile

Rockford, IL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$236,428

ILLINOIS GROWTH ENTERPRISES

Org PageRecipient Profile

Loves Park, IL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$199,894

THE KJELLSTROM FAMILY FOUNDATION

Org PageRecipient Profile

Rockford, IL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$193,688

Rockford, IL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$174,301

ROCK VALLEY COLLEGE FOUNDATION

Org PageRecipient Profile

Rockford, IL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$138,574

UNIVERSITY OF ILLINOIS COLLEGE OF MEDICINE AT ROCKFORD

Org PageRecipient Profile

Urbana, IL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$93,820
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Community Foundation Of Northern Illinois has recieved totaling $45,022.

Awarding OrganizationAmount
Thomas J & Kathleen M Laird Family Foundation

Northbrook, IL

PURPOSE: EDUCATIONAL SCHOLARSHIPS

$25,000
American Endowment Foundation

Hudson, OH

PURPOSE: PHILANTHROPY

$12,500
The Bergstrom Inc Charitable Foundation

Chicago, IL

PURPOSE: GENERAL

$5,000
Pete M Hanna Charitable Foundation

Hoover, AL

PURPOSE: SUPPORT OF PROGRAMS

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$22
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$103,023,439
Earnings$16,040,941
Admin Expense$1,152,463
Net Contributions$1,511,088
Grants$4,001,473
Ending Balance$115,421,532

Create an account to unlock the data you need.

or