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Funding

Illinois · Nonprofit

EVANS SCHOLARS FOUNDATION

EVANS SCHOLARS FOUNDATION (Illinois) receives grants from 184 organizations whose IRS filings report $54,197,659 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,713,873). 114 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$93M
Revenue FY2024
184
Funders on record
$54M
Grants received
$158M
Net assets
114/184 repeat funderspeak grant-dependency 11%

Against its field

EVANS SCHOLARS FOUNDATION runs a healthier operating margin than three-quarters of the 4,063 education nonprofits its size.

Operating margin43% · top quartile
Months of reserve9.3mo · top quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 4,063 education nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

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.

100 = 20172017 Revenue 100 ($59M) Expenses 100 ($28M) Net assets 100 ($167M)2018 Revenue 73 ($43M) Expenses 115 ($32M) Net assets 41 ($69M)2019 Revenue 77 ($46M) Expenses 120 ($33M) Net assets 56 ($94M)2020 Revenue 68 ($40M) Expenses 111 ($31M) Net assets 52 ($88M)2021 Revenue 105 ($63M) Expenses 131 ($36M) Net assets 59 ($98M)2022 Revenue 106 ($63M) Expenses 148 ($41M) Net assets 70 ($117M)2023 Revenue 138 ($82M) Expenses 173 ($48M) Net assets 92 ($153M)2024 Revenue 156 ($93M) Expenses 191 ($53M) Net assets 94 ($158M)
'17'18'19'20'21'22'23'24
Revenue (156)Expenses (191)Net assets (94)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 4% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

93% of EVANS SCHOLARS FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$32M
17
$12M
18
$13M
19
$9.7M
20
$27M
21
$22M
22
$34M
23
$40M
24
9.3
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 56 funders to 75 funders, grant income rose $2.0M → $7.4M.

64 of 184 of your funders are donor-advised or pass-through sponsors (tagged DAF)83% 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: $11M from one payer (the payer shares this organization's board, largest Western Golf Association). These are real filings, and they are not money EVANS SCHOLARS FOUNDATION raised.

From the IRS filings of EVANS SCHOLARS FOUNDATION’s funders (the co-funder graph). Top 30 of 184 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

EVANS SCHOLARS FOUNDATION has a broad base — no single funder exceeds 18% 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

97% 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 EVANS SCHOLARS FOUNDATION.

18%
largest funder
43%
top three
~11
effective funders

Largest funder’s share by year: 2017 19% · 2018 19% · 2019 22% · 2020 19% · 2021 18% · 2022 16% · 2023 19%broadly stable.

“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

50% of EVANS SCHOLARS FOUNDATION's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

83% of EVANS SCHOLARS 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 $9.2M that is directly attributable, 86% of it comes from funders outside Illinois, across 24 states.

WA
MN
IL
WI
MI
NY
OR
WY
IN
OH
PA
NJ
CA
CO
MO
KY
VA
MD
AZ
AR
SC
OK
GA
FL

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Illinois out of state home

Funder states come from each funder’s own filing. $45M arriving through sponsors registered in 26 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 184 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like EVANS SCHOLARS FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

71% of spending goes to programs.

Program 71%Management 11%Fundraising 18%

Governance

18
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 2 related entities

  • Western Golf Association · exempt
  • Esf II Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for EVANS SCHOLARS 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EVANS SCHOLARS FOUNDATION?
EVANS SCHOLARS FOUNDATION (Illinois) receives grants from 184 organizations whose IRS filings report $54,197,659 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($9,713,873). 114 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does EVANS SCHOLARS FOUNDATION have?
IRS filings report 184 organizations giving $54,197,659 in grants to EVANS SCHOLARS FOUNDATION, 114 of which have funded it in more than one year.
Who is the largest funder of EVANS SCHOLARS FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $9,713,873 in grants. The full list of funders is on this page.
How can an organization like EVANS SCHOLARS 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 184funders 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 August 27, 2026. What this page cannot tell you · view filing