Illinois · Nonprofit
ASSET FUNDERS NETWORK
ASSET FUNDERS NETWORK (Illinois) receives grants from 78 organizations whose IRS filings report $13,333,996 to it, the largest being JPMORGAN CHASE FOUNDATION ($2,300,000). 40 of them have funded it in more than one year.
- Revenue FY2025
- $4.6M
- Funders on record
- 78
- Grants received
- $13M
- Net assets
- $1.1M
What Asset Funders Network does
Mission
The mission of Asset Funders Network is to engage philanthropy to advance equitable wealth building and economic mobility
As stated on its FY2025 Form 990.
Programs
Regions and regional projects seek to connect grantmakers and colleagues in nonprofit, public, and private sectors to facilitate collaboration and maximize their impact on low and moderate income individual, family, and community wealth.
$2,648,541 spent71% of program spendingCommunications and national projects are broadly focused to build economic well-being for low and moderate income individuals and households.
$1,069,647 spent29% of program spendingConferences build awareness of key issues, promising approaches, and timely, relevant research to support strategic and impactful investments in asset-building/economic mobility in the u.s.
$34,385 spent1% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,752,573.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $493k to $2.5M (+415%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
94% of ASSET FUNDERS NETWORK’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Joseph A Antolin
President and CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 35 funders, grant income rose $35k → $2.3M.
16 of 78 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of ASSET FUNDERS NETWORK’s funders (the co-funder graph). Top 30 of 78 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ASSET FUNDERS NETWORK has a broad base — no single funder exceeds 17% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
Largest funder’s share by year: 2018 100% · 2019 24% · 2020 16% · 2021 16% · 2022 18% · 2023 16% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
54% of ASSET FUNDERS NETWORK's funders are still giving 3 years after their first grant; 51% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
ASSET FUNDERS NETWORK draws 100% of its grant income from funders outside Illinois, across 22 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ASSET FUNDERS NETWORK has grown faster than half of the 1,645 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 1,645 philanthropy nonprofits $1M–$10M, FY2025
Organizations like ASSET FUNDERS NETWORK
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
67% of spending goes to programs.
Governance
Public support
93%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ASSET FUNDERS NETWORK: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ASSET FUNDERS NETWORK?
- ASSET FUNDERS NETWORK (Illinois) receives grants from 78 organizations whose IRS filings report $13,333,996 to it, the largest being JPMORGAN CHASE FOUNDATION ($2,300,000). 40 of them have funded it in more than one year.
- How many funders does ASSET FUNDERS NETWORK have?
- IRS filings report 78 organizations giving $13,333,996 in grants to ASSET FUNDERS NETWORK, 40 of which have funded it in more than one year.
- Who is the largest funder of ASSET FUNDERS NETWORK?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $2,300,000 in grants. The full list of funders is on this page.
- How can an organization like ASSET FUNDERS NETWORK find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 78 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing