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Illinois · Nonprofit

Wheaton College

Wheaton College (Illinois) receives grants from 290 organizations whose IRS filings report $100,366,926 to it, the largest being Schwab Charitable Fund ($29,604,174). 161 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. Wheaton College administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

$249M
Revenue FY2025
290
Funders on record
$100M
Grants received
$1.0B
Net assets
161/290 repeat funders

Hosts funds for others

Wheaton College administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programWheaton College runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$7.9M

Recipients

121

Contributions on record

$101M

Donors on record

294

Payments out are 0.08x the contributions on record, so the balance accumulates rather than passing straight through.

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.

100 = 20172017 Revenue 100 ($173M) Expenses 100 ($153M) Net assets 100 ($681M)2018 Revenue 110 ($190M) Expenses 101 ($155M) Net assets 108 ($733M)2019 Revenue 123 ($213M) Expenses 105 ($160M) Net assets 112 ($766M)2020 Revenue 102 ($177M) Expenses 106 ($162M) Net assets 112 ($761M)2021 Revenue 162 ($281M) Expenses 107 ($164M) Net assets 136 ($927M)2022 Revenue 134 ($231M) Expenses 111 ($169M) Net assets 119 ($814M)2023 Revenue 105 ($182M) Expenses 115 ($175M) Net assets 126 ($858M)2024 Revenue 119 ($206M) Expenses 121 ($185M) Net assets 136 ($924M)2025 Revenue 144 ($249M) Expenses 129 ($198M) Net assets 147 ($1.0B)
'17'18'19'20'21'22'23'24'25
Revenue (144)Expenses (129)Net assets (147)

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

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 1% · 2021 2% · 2022 3% · 2023 1% · 2024 1% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$20M
17
$35M
18
$53M
19
$15M
20
$117M
21
$62M
22
$6.3M
23
$22M
24
$51M
25
3.4
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 61 funders to 114 funders, grant income rose $7.6M → $14M.

51 of 290 of your funders are donor-advised or pass-through sponsors (tagged DAF)54% 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 Wheaton College’s funders (the co-funder graph). Top 30 of 290 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.

Where its funders are

54% of Wheaton College'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 $46M that is directly attributable, 85% of it comes from funders outside Illinois, across 42 states.

ME
NH
WA
ID
MN
IL
WI
MI
NY
MA
OR
NV
WY
IA
IN
OH
PA
NJ
CT
RI
CA
CO
NE
MO
KY
VA
MD
DE
AZ
KS
AR
TN
NC
SC
DC
HI
OK
LA
AL
GA
TX
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. $54M arriving through sponsors registered in 26 statesis 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 290 funders put you typical 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.

Government funding Wheaton College receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.2M on record.

Federal$13.2M
grants $13.0Mcontracts $109k
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Education$10.2M
  • National Science Foundation$1.6M
  • Department of Health and Human Services$1.2M
  • Department of Defense$109k
  • Department of Agriculture$67k
  • Department of Commerce$9k

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.

04Profile & governance

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

Where the money goes

77% of spending goes to programs.

Program 77%Management 19%Fundraising 4%

Governance

19
board members
95%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

70%

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

Footprint & structure

Files a return copy in 6 states

AK
WA
MI
CA
CO
SC

Part of a family of 4 related entities

  • Wheaton College Billy Graham Center · exempt
  • Wheaton College Alumni Association · exempt
  • Wheaton College Trust Company Na · corp_trust
  • Charitable Remainder Trust · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for Wheaton College: 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 Wheaton College?
Wheaton College (Illinois) receives grants from 290 organizations whose IRS filings report $100,366,926 to it, the largest being Schwab Charitable Fund ($29,604,174). 161 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly. Wheaton College administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does Wheaton College have?
IRS filings report 290 organizations giving $100,366,926 in grants to Wheaton College, 161 of which have funded it in more than one year.
Who is the largest funder of Wheaton College?
Schwab Charitable Fund is the largest funder on record, with $29,604,174 in grants. The full list of funders is on this page.
How can an organization like Wheaton College 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 290funders 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