Skip to content

New Jersey · Nonprofit

Insurance Legislators Foundation Inc

Insurance Legislators Foundation Inc (New Jersey) receives grants from 4 organizations whose IRS filings report $839,750 to it, the largest being INDUSTRY EDUCATION COUNCIL TO NCOIL INC ($560,000). 4 of them have funded it in more than one year.

Revenue FY2025
$161k
Funders on record
4
Grants received
$840k
Net assets
$129k
4/4 repeat funderspeak grant-dependency 83%
01What it does

What Insurance Legislators Foundation Inc does

Mission

The Insurance Legislators Foundation (ILF) is a non-stock, non-profit formed in 1993. The purpose of the organization as stated in its bylaws includes, in part, educating and informing legislators on public policy arising from insurance-related legislation & regulation.

As stated on its FY2025 Form 990.

Program

  1. Educate and inform legistlators on public policy issues arising from insurance-related legislation and regulation

    $180,061 spentof which $134,065 as grants$160,846 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $180,061.

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 ($150k) Expenses 100 ($198k) Net assets 100 ($66k)2018 Revenue 100 ($150k) Expenses 83 ($165k) Net assets 78 ($51k)2019 Revenue 93 ($139k) Expenses 78 ($154k) Net assets 55 ($36k)2020 Revenue 96 ($145k) Expenses 67 ($132k) Net assets 73 ($48k)2021 Revenue 77 ($116k) Expenses 72 ($143k) Net assets 32 ($21k)2022 Revenue 92 ($139k) Expenses 50 ($100k) Net assets 91 ($60k)2023 Revenue 142 ($214k) Expenses 63 ($126k) Net assets 224 ($148k)2024 Revenue 161 ($241k) Expenses 114 ($226k) Net assets 247 ($163k)2025 Revenue 107 ($161k) Expenses 98 ($195k) Net assets 195 ($129k)
'17'18'19'20'21'22'23'24'25
Revenue (107)Expenses (98)Net assets (195)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 $65k to $148k (+128%).

$74k
$62k
$49k
$79k
$42k
$65k
$148k
$189k
$129k
'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

72% of Insurance Legislators Foundation Inc’s revenue is contributions — about as donation-reliant as the typical peer (73% for the typical peer).

This organization
Typical peer · 1,456 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$48k
’17
−$15k
’18
−$15k
’19
$12k
’20
−$27k
’21
$39k
’22
$88k
’23
$15k
’24
−$34k
’25
7.9
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
Listed445
Joined·+1+1
No longer listed·10
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 3 funders, grant income fell $125k → $81k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
$20k
funders
2
2
2
3
2
3
3
3

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% 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 Insurance Legislators Foundation Inc’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

Insurance Legislators Foundation Inc leans on a few funders — its largest provides 67% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 Insurance Legislators Foundation Inc.

67%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2017 80% · 2018 80% · 2019 77% · 2020 58% · 2021 85% · 2022 57% · 2023 57% — 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.

Where its funders are

Insurance Legislators Foundation Inc draws 100% of its grant income from funders outside New Jersey, across 3 states in all.

IL
NY
CA

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

’17
’18
’19
’20
’21
’22
’23
New Jersey out of state home

Funder states come from each funder’s own filing. $75k arriving through sponsors registered in 1 state 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

Insurance Legislators Foundation Inc is better cushioned than half of the 904 unclassified nonprofits its size.

Operating margin−21% · bottom quartile
Months of reserve7.9mo · above the median
Revenue growth (annualized)1% · below the median

this organization peer median middle 50% of peers· 904 unclassified nonprofits $100k–$1M, FY2025

Organizations like Insurance Legislators Foundation Inc

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 New Jersey

Nationally

05Profile & governance

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

Where the money goes

92% of spending goes to programs.

Program 92%Management 2%Fundraising 6%

Governance

5
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

100%

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

Footprint & structure

Part of a family of 1 related entity

  • National Council of Insurance Legislators · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Insurance Legislators Foundation Inc: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Insurance Legislators Foundation Inc?
Insurance Legislators Foundation Inc (New Jersey) receives grants from 4 organizations whose IRS filings report $839,750 to it, the largest being INDUSTRY EDUCATION COUNCIL TO NCOIL INC ($560,000). 4 of them have funded it in more than one year.
How many funders does Insurance Legislators Foundation Inc have?
IRS filings report 4 organizations giving $839,750 in grants to Insurance Legislators Foundation Inc, 4 of which have funded it in more than one year.
Who is the largest funder of Insurance Legislators Foundation Inc?
INDUSTRY EDUCATION COUNCIL TO NCOIL INC is the largest funder on record, with $560,000 in grants. The full list of funders is on this page.
How can an organization like Insurance Legislators Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Insurance Legislators →

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 4 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