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Illinois · Nonprofit

SEIZE THE FUTURE DEVELOPMENT FOUNDATION

SEIZE THE FUTURE DEVELOPMENT FOUNDATION (Illinois) receives grants from 5 organizations whose IRS filings report $667,138 to it, the largest being DUNHAM FUND ($500,000). 2 of them have funded it in more than one year.

Revenue FY2024
$4.0M
Funders on record
5
Grants received
$667k
Net assets
$2.2M
2/5 repeat funderspeak grant-dependency 20%
01What it does

What Seize the Future Development Foundation does

Mission

To motivate and facilitate the revitalization and development of aurora and its downtown.

As stated on its FY2024 Form 990.

Programs

  1. Contributed to the economic and workforce development of the city of aurora.

    $710,739 spent
    100% of program spending
  2. Assistance to local organization.

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $710,739.

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 ($2.5M) Expenses 100 ($993k) Net assets 100 ($2.2M)2018 Revenue 61 ($1.5M) Expenses 105 ($1.0M) Net assets 122 ($2.7M)2019 Revenue 30 ($760k) Expenses 117 ($1.2M) Net assets 104 ($2.2M)2020 Revenue 41 ($1.0M) Expenses 112 ($1.1M) Net assets 99 ($2.2M)2021 Revenue 60 ($1.5M) Expenses 106 ($1.1M) Net assets 120 ($2.6M)2022 Revenue 71 ($1.8M) Expenses 169 ($1.7M) Net assets 125 ($2.7M)2023 Revenue 79 ($2.0M) Expenses 138 ($1.4M) Net assets 153 ($3.3M)2024 Revenue 161 ($4.0M) Expenses 510 ($5.1M) Net assets 100 ($2.2M)
'17'18'19'20'21'22'23'24
Revenue (161)Expenses (510)Net assets (100)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 2023 to 2024, from $3.4M to $2.2M (−35%).

$2.2M
$2.7M
$2.3M
$2.4M
$2.8M
$2.9M
$3.4M
$2.2M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 63% · 2018 61% · 2019 92% · 2020 92% · 2021 91% · 2022 95% · 2023 94% · 2024 97%. Grants only. Government contracts and fees sit inside program revenue.

98% of SEIZE THE FUTURE DEVELOPMENT FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$1.5M
’17
$483k
’18
−$403k
’19
−$94k
’20
$453k
’21
$105k
’22
$615k
’23
−$1.0M
’24
3.5
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.

Board chair

Donald Pilmer

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1315141313141514
Joined·+5+3+2+0+1+4+3
No longer listed·3430034
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income fell $508k → $22k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% 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 SEIZE THE FUTURE DEVELOPMENT 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

SEIZE THE FUTURE DEVELOPMENT FOUNDATION leans on a few funders — its largest provides 75% of grant income and the top three 97%; half comes from just 1 funder.

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

75%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 99% · 2022 92% · 2023 73% — 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

100% of SEIZE THE FUTURE DEVELOPMENT FOUNDATION's grant income comes from Illinois funders.

IL

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

’17
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $55k 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

SEIZE THE FUTURE DEVELOPMENT FOUNDATION's revenue grew 61% between 2017 and 2024.

Operating margin−25% · bottom quartile
Months of reserve3.5mo · below the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding SEIZE THE FUTURE DEVELOPMENT FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.

Federal$2.0M
grants $2.0Mcontracts $0
Top agencies
  • Department of Commerce$2.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SEIZE THE FUTURE 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

05Profile & governance

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

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

97%

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 1 related entity

  • Aurora St Charles Senior Living · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for SEIZE THE FUTURE 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.

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 SEIZE THE FUTURE DEVELOPMENT FOUNDATION?
SEIZE THE FUTURE DEVELOPMENT FOUNDATION (Illinois) receives grants from 5 organizations whose IRS filings report $667,138 to it, the largest being DUNHAM FUND ($500,000). 2 of them have funded it in more than one year.
How many funders does SEIZE THE FUTURE DEVELOPMENT FOUNDATION have?
IRS filings report 5 organizations giving $667,138 in grants to SEIZE THE FUTURE DEVELOPMENT FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of SEIZE THE FUTURE DEVELOPMENT FOUNDATION?
DUNHAM FUND is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like SEIZE THE FUTURE 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 5 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