Illinois · Nonprofit
ILLINOIS STATE UNIVERSITY FOUNDATION
ILLINOIS STATE UNIVERSITY FOUNDATION (Illinois) receives grants from 114 organizations whose IRS filings report $24,904,507 to it, the largest being CHARITIES AID FOUNDATION AMERICA ($7,081,344). 68 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $43M
- Funders on record
- 114
- Grants received
- $25M
- Net assets
- $327M
What Illinois State University Foundation does
Mission
To elevate illinois state university through the power of philanthropy.
As stated on its FY2025 Form 990.
Program
Assist in developing and increasing education opportunities and the facilities of the university for service to its students, alumni, and citizens of the state and nation by encouraging gifts of money and property; act as trustee of educational or charitable trusts; administer gifts, grants, or loans of money or property.
$31,180,475 spentof which $21,181,858 as grants$2,863,238 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $31,180,475.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 2024 to 2025, from $304M to $333M (+9%).
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.
79% of ILLINOIS STATE UNIVERSITY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 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
Dan Kelley
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 28 funders to 43 funders, grant income rose $1.1M → $2.2M.
36 of 114 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 65% 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 ILLINOIS STATE UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 114 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
ILLINOIS STATE UNIVERSITY FOUNDATION has a broad base — no single funder exceeds 28% 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
80% 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 ILLINOIS STATE UNIVERSITY FOUNDATION.
Largest funder’s share by year: 2017 29% · 2018 28% · 2019 51% · 2020 30% · 2021 40% · 2022 27% · 2023 15% — 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
51% of ILLINOIS STATE UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 60% 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
65% of ILLINOIS STATE UNIVERSITY 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 $8.8M that is directly attributable, 64% of it comes from funders outside Illinois, across 20 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $16M arriving through sponsors registered in 19 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
ILLINOIS STATE UNIVERSITY FOUNDATION runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.
this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025
Organizations like ILLINOIS STATE UNIVERSITY 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
90% of spending goes to programs.
Governance
Public support
73%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 16 states
Part of a family of 5 related entities
- Launching Futures LLC (Uses Foundation Ein) · disregarded
- Launching Futures II LLC (Uses Foundation Ein) · disregarded
- Launching Futures III LLC (Uses Foundation Ein) · disregarded
- Charitable Remainder Trusts (2) · corp_trust
- Perpetual Trusts (4) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for ILLINOIS STATE UNIVERSITY 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 ILLINOIS STATE UNIVERSITY FOUNDATION?
- ILLINOIS STATE UNIVERSITY FOUNDATION (Illinois) receives grants from 114 organizations whose IRS filings report $24,904,507 to it, the largest being CHARITIES AID FOUNDATION AMERICA ($7,081,344). 68 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does ILLINOIS STATE UNIVERSITY FOUNDATION have?
- IRS filings report 114 organizations giving $24,904,507 in grants to ILLINOIS STATE UNIVERSITY FOUNDATION, 68 of which have funded it in more than one year.
- Who is the largest funder of ILLINOIS STATE UNIVERSITY FOUNDATION?
- CHARITIES AID FOUNDATION AMERICA is the largest funder on record, with $7,081,344 in grants. The full list of funders is on this page.
- How can an organization like ILLINOIS STATE UNIVERSITY 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 2021–2025), and the filings of 114 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