Public Charity

Carle Development Foundation

Carle Development Foundation is a Public Charity headquartered in URBANA, IL. Financial data from the 2024 filing: $17.4M revenue, $17.8M expenses, $113.8M total assets. 68 publicly reported grants to this organization, totaling roughly $19.2M, appear in IRS filings.

EIN: 371159978 URBANA, IL Health Care NTEE: E Latest filing: 2024
Total Revenue$17.4M
Total Expenses$17.8M
Total Assets$113.8M
Grant Records68
Funding Total$19.2M
Filing Years2019–2024

Mission

TO RAISE FUNDS FROM THE PUBLIC AND OTHER SOURCES, MAINTAIN THOSE FUNDS AND, AS APPROPRIATE, EXPEND PRINCIPAL AND INCOME TO SUPPORT THE CARLE FOUNDATION MISSION OF PROVIDING HIGH QUALITY HEALTH CARE AND ADVANCING MEDICAL RESEARCH AND EDUCATION IN CENTRAL ILLINOIS.

Where $100 goes at Carle Development Foundation

How Carle Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$71 Programs the work itself
<$1 Management running the organization
$29 Fundraising raising the next dollar

Inside the $71 for programs

$37
Greater peoria young minds project building costs
52% of program spending · Reported in the filing: 6,113,890 grants
$29
Other program service
41% of program spending
$3
Critical care transport
4% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
SUPPORT LOCAL HEALTH AND HUMAN CARE PROGRAMS
$10,000
2024
Internal Funding
$3,138,540
2024
For grant recipient's exempt purposes
$133,794
2024
MEDICAL / PUBLIC SERVICES
$80,000
2024
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
$67,000

Showing up to 5 of 68 total records — full history available with membership.

Officers & Directors

BOARD MEMBER - West Region Adam Hawks
Director, BroMenn Development Andrew Bond
Executive Director, Development & Campaigns Angela Hatfield
BOARD MEMBER - West Region Brandon Moss
BOARD MEMBER - Central Region Courtney Zell Armstrong
Officer - EVP, Chief Finance & Strategy Officer Dennis Hesch

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$14,117,759 50 grants
Education
$1,459,990 2 grants
Research & Policy
$1,278,774 1 grant
Health & Medicine
$1,225,050 10 grants
Human & Social Services
$1,000,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $17.4M $17.8M $113.8M
2023 $12.6M $9.5M $114.6M
2022 $7.9M $6.0M $69.7M
2020 $6.5M $3.2M $64.0M
2019 $5.3M $3.6M $31.4M

Between 2019 and 2024, reported annual revenue grew from $5.3M to $17.4M (+226%), with total assets most recently reported at $113.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Carle Development Foundation

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