Community Foundation

THE COMMUNITY FOUNDATION OF WILL COUNTY

Based in FRANKFORT, IL, THE COMMUNITY FOUNDATION OF WILL COUNTY operates as a Community Foundation. The organization reported $1.9M in revenue, $1.4M in expenses, $11.2M in total assets for fiscal year 2025. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 760821144 FRANKFORT, IL Latest filing: 2025
Total Revenue$1.9M
Total Expenses$1.4M
Total Assets$11.2M
Grant Records11
Funding Total$1.3M
Filing Years2021–2025

Mission

THE COMMUNITY FOUNDATION OF WILL COUNTY CONNECTS PEOPLE WHO CARE, TO CAUSES THAT MATTER TO IMPROVE THE LIVES OF WILL COUNTY RESIDENTS. THE FOUNDATION SEEKS TO BUILD PARTNERSHIPS TO STRENGTHEN RELATIONSHIPS AND IDENTIFY NEEDS AMONG NON-PROFIT ORGANIZATIONS, PROFESSIONAL ADVISORS, DONORS, AND COMMUNITY STAKEHOLDERS.

Sample Grants Received

2023
General support for programs, operations and other charitable purposes
$100,000
2021
In support of general operating support.
$100,000
2021
In support of general operating support.
$100,000
2020
GENERAL OPERATING SUPPORT
$100,000
2019
TO SUPPORT COVID-19 RESPONSE, AND GENERAL OPERATING SUPPORT
$114,011

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Dr David Livingston
SECRETARY Dr Nadia Carpanzano
VICE CHAIR Dr Theresa Rouse
BOARD MEMBER Edna Brass
TREASURER Marc Gorsch
CHAIR Matt Schimanski

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR GENERAL OPERATIONS AND GRANT MAKING BY THE COMMUNITY FOUNDATION OF WILL COUNTY BOARD OF DIRECTORS. THIS GRANT REPRESENTS THE THIRTEENTH INSTALLMENT.
$378,500 1 grant
GENERAL OPERATING SUPPORT
$252,916 2 grants
In support of general operating support.
$200,000 2 grants
See attached.
$198,000 1 grant
TO SUPPORT COVID-19 RESPONSE, AND GENERAL OPERATING SUPPORT
$114,011 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.9M $1.4M $11.2M
2024 $897K $825K $10.2M
2023 $853K $759K $8.5M
2022 $3.6M $1.0M $8.1M
2021 $1.6M $405K $7.1M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $1.9M (+15%), with total assets most recently reported at $11.2M.

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

See the full picture for THE COMMUNITY FOUNDATION OF WILL COUNTY

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