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 12 reported grant relationships connected to this organization totaling approximately $1.3M.

EIN: 760821144 FRANKFORT, IL Single Organization Support NTEE: S11 Latest filing: 2025
Total Revenue$1.9M
Total Expenses$1.4M
Total Assets$11.2M
Grant Records12
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.

Where $100 goes at The Community Foundation of Will County

How The Community Foundation of Will County divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$8 Management running the organization
$11 Fundraising raising the next dollar

Inside the $81 for programs

$81
The Community Foundation of Will County is the leading facilitator of philanthropy in our community and a resourceful leader in making a difference through effective community investing
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
General support for programs, operations and other charitable purposes
$50,000
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

Showing up to 5 of 12 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

General Support
$1,024,916 10 grants
Health & Medicine
$114,011 1 grant
Unspecified
$198,000 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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