Public Charity

THE FOUNDATION FOR NORTHWEST IL

THE FOUNDATION FOR NORTHWEST IL, of FREEPORT, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $592K in revenue, $467K in expenses, $5.8M in total assets. 8 publicly reported grants to this organization, totaling roughly $442K, appear in IRS filings.

EIN: 300080762 FREEPORT, IL Latest filing: 2024
Total Revenue$592K
Total Expenses$467K
Total Assets$5.8M
Grant Records8
Funding Total$442K
Filing Years2019–2024

Mission

TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS.

Officers & Directors

MEMBER Andrew Stewart
MEMBER David Schmit
TREASURER Jenny Blocker
MEMBER Judd Thruman
MEMBER Kelly Myers
PAST PRESIDE Kim Rampenthal

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO SUPPORT COVID-19 RESPONSE
$207,500 1 grant
General Assistance
$101,771 2 grants
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
$61,200 1 grant
support for Rural Vitality
$50,000 1 grant
PUBLIC, SOCIETAL BENEFIT
$21,425 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $592K $467K $5.8M
2023 $349K $492K $5.5M
2022 $297K $437K $5.1M
2020 $649K $618K $5.6M
2019 $272K $339K $5.4M

Between 2019 and 2024, reported annual revenue grew from $272K to $592K (+117%), with total assets most recently reported at $5.8M.

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

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