Illinois · Nonprofit
Carle Development Foundation
Carle Development Foundation (Illinois) receives grants from 34 organizations whose IRS filings report $4,359,918 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($1,000,000). 14 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $17M
- Funders on record
- 34
- Grants received
- $4.4M
- Net assets
- $95M
What Carle Development Foundation does
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.
As stated on its FY2024 Form 990.
Programs
Greater peoria young minds project building costs - the young minds project bulidng costs fund supports the transformation of a former skilled nursing facility in west peoria into a state-of-the-art child and adolescent behavioral health center, trillum place young minds center, an affiliate of carle health. The purchase of the building and the renovation expenses were made possible by this fund.
$7,636,132 spentof which $7,636,132 as grants52% of program spendingCritical care transport - this fund supports the critical care transport program at carle. Purchases include an advanced critical care ground ambulance, a hamilton ventilator, and an advanced human patient simulator, enhancing emergency response training throughout carle's service region.
$573,764 spentof which $573,764 as grants4% of program spendingStephens family innovations in medical research - the stephens family innovations in medical research fund supports research led by carle health clinician scientists in collaboration with university of illinois researchers. It is designed to directly impact patient care in our community and beyond. These projects also involve medical students at carle illinois college of medicine and contribute to the training of future generations of physician scientists.
$484,605 spentof which $484,605 as grants3% of program spendingOther program service - other programs funded and supported by the Carle Development Foundation include rural health and farm safety, research in many areas including cancer/cardiology/digestive health/general nursing, medical education in both hospital settings and community settings, pediatrics initiatives and patient care.
$6,113,890 spentof which $6,066,712 as grants41% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $14,808,391.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2022 to 2023, from $70M to $115M (+64%).
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.
Government-grant reliance: 2020 0% · 2021 0% · 2023 9% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.
76% of Carle Development Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 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.
Board chair
Mary McGrath
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 12 funders, grant income fell $1.0M → $476k.
17 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $18M from 3 payers (the payer shares this organization's board, largest The Carle Foundation). These are real filings, and they are not money Carle Development Foundation raised.
From the IRS filings of Carle Development Foundation’s funders (the co-funder graph). Top 30 of 34 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
Carle Development Foundation has a broad base — no single funder exceeds 23% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Carle Development Foundation.
Largest funder’s share by year: 2017 97% · 2018 48% · 2019 53% · 2020 29% · 2021 25% · 2022 64% · 2023 31% — 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
42% of Carle Development Foundation's funders are still giving 3 years after their first grant; 41% 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
54% of Carle Development Foundation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.0M that is directly attributable, 90% of it comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.4M arriving through sponsors registered in 12 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
Carle Development Foundation holds deeper cash reserves than three-quarters of the 4,580 health nonprofits its size.
this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024
Organizations like Carle Development Foundation
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
83% of spending goes to programs.
Governance
Public support
60%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 55 related entities
- Carle Bromenn Medical Center · exempt
- Carle Community Health Corporation · exempt
- Carle Eureka Hospital · exempt
- Carle Health - Central Region · exempt
- Carle Health - East Region · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Carle Development Foundation: 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 Carle Development Foundation?
- Carle Development Foundation (Illinois) receives grants from 34 organizations whose IRS filings report $4,359,918 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($1,000,000). 14 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Carle Development Foundation have?
- IRS filings report 34 organizations giving $4,359,918 in grants to Carle Development Foundation, 14 of which have funded it in more than one year.
- Who is the largest funder of Carle Development Foundation?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
- How can an organization like Carle Development Foundation 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 FY2024 (financials across 2017–2024), and the filings of 34 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