Illinois Prairie Community Foundation Inc

Organization Overview

Illinois Prairie Community Foundation Inc is located in Bloomington, IL. The organization was established in 1998. 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 06/2022, Illinois Prairie Community Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Prairie Community Foundation Inc 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 06/2022, Illinois Prairie Community Foundation Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 4.0% 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, Illinois Prairie Community Foundation Inc has awarded 560 individual grants totaling $10,991,369. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

FACILITATE CHARITABLE GIVING FOR INDIVIDUALS AND BUSINESSES, HELP ORGANIZATIONS WITH ENDOWMENT FUNDS, SERVE AS FISCAL AGENT FOR CHARITABLE COMMUNITY PROJECTS AND ACT AS A CATALYST FOR INNOVATIVE CHARITABLE SOLUTIONS TO MEET AREA NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION RECEIVES CONTRIBUTIONS AS A CONDUIT THROUGH WHICH DONORS BUILD AND STRENGTHEN THE COMMUNITY BY SUPPORTING LOCAL SOLUTIONS TO LOCAL PROBLEMS NOW AND IN PERPETUITY. ALL ASSETS AND EARNINGS OF THE FOUNDATION ARE UTILIZED EXCLUSIVELY FOR AND PURSUANT TO CHARITABLE AND EDUCATIONAL ENDEAVORS.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Meyer
Executive Dir.
$93,083
Josh Barnett
Treasurer
$0
Erin Rogers
President
$0
Laura Kowalczyk
Vice President
$0
Mary Ann Schierman
Secretary
$0
Adrian Barr
Director
$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$2,270,957
Noncash contributions included in lines 1a–1f $32,796
Total Revenue from Contributions, Gifts, Grants & Similar$2,270,957
Total Program Service Revenue$0
Investment income $438,286
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $233,180
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,942,423

Grants Awarded

Over the last fiscal year, Illinois Prairie Community Foundation Inc has awarded $973,220 in support to 60 organizations.

Grant RecipientAmount

ILLINOIS STATE UNIVERSITY FOUNDATION

Org PageRecipient Profile

Normal, IL

PURPOSE: CHARITABLE PURPOSES

$72,925

LIFESONG FOR ORPHANS

Org PageRecipient Profile

Gridley, IL

PURPOSE: CHARITABLE PURPOSES

$60,000

MALARIA PARTNERS INTERNATIONAL

Org PageRecipient Profile

Seattle, WA

PURPOSE: CHARITABLE PURPOSES

$56,000

BOYS AND GIRLS CLUB OF BN

Org PageRecipient Profile

Bloomington, IL

PURPOSE: CHARITABLE PURPOSES

$52,775

ENVIROMENTAL EDUCATION ASSOCIATION OF ILLINOIS

Org PageRecipient Profile

Urbana, IL

PURPOSE: CHARITABLE PURPOSES

$49,972

ILLINOIS WESLEYAN UNIVERSITY

Org PageRecipient Profile

Bloomington, IL

PURPOSE: CHARITABLE PURPOSES

$37,122
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Illinois Prairie Community Foundation Inc has recieved totaling $277,697.

Awarding OrganizationAmount
National Association For The Exchange Of Industrial Resources I

Galesburg, IL

PURPOSE: CARE OF ILL, NEEDY, OR MINOR

$128,004
Jerome Mirza Foundation

Bloomington, IL

PURPOSE: SUPPORT OF OPERATIONS

$50,000
National Association For The Exchange Of Industrial Resources I

Galesburg, IL

PURPOSE: CARE OF ILL, NEEDY, OR MINOR

$28,445
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$24,098
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$17,500
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$14,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,087,501
Earnings-$1,906,142
Admin Expense$172,762
Net Contributions$536,263
Other Expense$7,000
Grants$265,025
Ending Balance$12,272,835

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