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Illinois · Nonprofit

FARTHER FOUNDATION

FARTHER FOUNDATION (Illinois) receives grants from 11 organizations whose IRS filings report $464,904 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($299,434). 8 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$611k
Funders on record
11
Grants received
$465k
Net assets
$1.2M
8/11 repeat funderspeak grant-dependency 67%
01What it does

What Farther Foundation does

Mission

To inspire greater academic achievement and life success for students from low-income, at risk populations through participation in unique enrichment travel experiences.

As stated on its FY2025 Form 990.

Program

  1. Farther Foundation provides scholarships and support for economically disadvantaged students to participate in educational travel experiences that are significant and life changing. The foundation partners with schools and community organizations to identify students who demonstrate commitment to success through academic achievement, participation in support programs and a willingness to take a bold step beyond the familiar. Since its inception, the foundation has provided 1,400,000 in scholarships to 450 students who have participated in programs in 30 states and 43 countries on 6 continents. 100% of participating students have graduated high school and 99% have gone directly to college. 88% of those have either earned a degree or remain on track to earn a degree.

    $299,851 spentof which $295,536 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $299,851.

02The 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 ($108k) Expenses 100 ($91k) Net assets 100 ($128k)2018 Revenue 86 ($93k) Expenses 124 ($114k) Net assets 84 ($107k)2019 Revenue 111 ($121k) Expenses 101 ($92k) Net assets 106 ($136k)2020 Revenue 88 ($96k) Expenses 8 ($7k) Net assets 176 ($224k)2021 Revenue 94 ($102k) Expenses 115 ($105k) Net assets 173 ($220k)2022 Revenue 144 ($156k) Expenses 172 ($157k) Net assets 171 ($219k)2023 Revenue 713 ($772k) Expenses 224 ($204k) Net assets 634 ($809k)2024 Revenue 173 ($187k) Expenses 228 ($208k) Net assets 643 ($821k)2025 Revenue 565 ($611k) Expenses 364 ($332k) Net assets 949 ($1.2M)
'17'18'19'20'21'22'23'24'25
Revenue (565)Expenses (364)Net assets (949)Peer revenue range

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 $219k to $809k (+270%).

$128k
$107k
$136k
$224k
$220k
$219k
$809k
$821k
$1.2M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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
2025
ContributionsProgram revenueInvestmentOther

95% of FARTHER FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$17k
’17
−$20k
’18
$28k
’19
$88k
’20
−$4k
’21
−$2k
’22
$568k
’23
−$21k
’24
$279k
’25
7.4
months of
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.

202320242025
Listed986
Joined·+0+0
No longer listed·12
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 5 funders, grant income fell $73k → $61k.

7 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 97% 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 FARTHER FOUNDATION’s funders (the co-funder graph). 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

FARTHER FOUNDATION leans on a few funders — its largest provides 64% of grant income and the top three 86%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder 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 FARTHER FOUNDATION.

64%
largest funder
86%
top three
~2
effective funders

Largest funder’s share by year: 2017 69% · 2018 68% · 2019 79% · 2020 80% · 2021 81% · 2022 73% · 2023 52% — 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

43% of FARTHER FOUNDATION's funders are still giving 3 years after their first grant; 73% 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

97% of FARTHER 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 $16k that is directly attributable, 100% of it comes from Illinois funders.

IL

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

’17
’18
’19
Illinois out of state home

Funder states come from each funder’s own filing. $449k arriving through sponsors registered in 6 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.

04Its place in the field

Against its field

FARTHER FOUNDATION runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin46% · top quartile
Months of reserve7.4mo · above the median
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like FARTHER 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

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 8%Fundraising 1%

Governance

6
board members
83%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

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

Screen this organization

A dated, signed PDF of the compliance screen for FARTHER 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.

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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 FARTHER FOUNDATION?
FARTHER FOUNDATION (Illinois) receives grants from 11 organizations whose IRS filings report $464,904 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($299,434). 8 of them have funded it in more than one year, and 97% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FARTHER FOUNDATION have?
IRS filings report 11 organizations giving $464,904 in grants to FARTHER FOUNDATION, 8 of which have funded it in more than one year.
Who is the largest funder of FARTHER FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $299,434 in grants. The full list of funders is on this page.
How can an organization like FARTHER 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 FY2025 (financials across 2017–2025), and the filings of 11 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 14, 2026. What this page cannot tell you · view filing