Community Foundation Of Northern Illinois

Organization Overview

Community Foundation Of Northern Illinois is located in Rockford, IL. The organization was established in 2001. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Community Foundation Of Northern Illinois employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Northern Illinois is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Community Foundation Of Northern Illinois generated $17.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $9.5m during the year ending 12/2023. While expenses have increased by 8.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of Northern Illinois has awarded 955 individual grants totaling $32,718,273. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ATTRACT, PRESERVE AND GROW AN ENDOWMENT FOR THE NEEDS OF THE PEOPLE OF NORTHERN ILLINOIS

Describe the Organization's Program Activity:

Part 3 - Line 4a

CFNIL MANAGED 558 FUNDS ESTABLISHED FOR CHARITABLE PURPOSES DURING 2023. MANAGEMENT OF THE FUNDS INCLUDES PRUDENT INVESTMENT AND THE ESTABLISHMENT OF A SPENDING POLICY. THE ORGANIZATION MANAGES A GRANT MAKING PROCESS THAT INCLUDES THE CONVENING OF COMMUNITY VOLUNTEERS TO ADVISE THE FOUNDATION ON GRANT MAKING DECISIONS CONSISTENT WITH THE INTENTIONS OF DONORS AS DOCUMENTED IN THE FUND AGREEMENTS.CONTINUED ON SCHEDULE OCFNIL HAS BEEN CREATING ENDOWMENTS AND HONORING DONOR INTENT THROUGH GRANTMAKING IN THE ROCKFORD REGION SINCE 1953. EARLY GRANTS RESPONDED TO COMMUNITY NEEDS BY FUNDING THE DISTRIBUTION OF THE POLIO VACCINE AND CREATING SAFE PLACES FOR CHILDREN TO PLAY. SINCE ITS FOUNDING, CFNIL HAS DISTRIBUTED THOUSANDS OF GRANTS FOR THE BENEFIT OF THE REGION. THIS HAS BEEN MADE POSSIBLE THROUGH THE GENEROSITY OF CFNIL'S DONORS: INDIVIDUALS, FAMILIES AND ORGANIZATIONS COMMITTED TO IMPROVING THE REGION'S QUALITY OF LIFE. ENDOWED GIFTS CREATE RELIABLE FUNDING FOR CURRENT NEEDS AND FUTURE OPPORTUNITIES. CFNIL DOES NOT CREATE PROGRAMS, WE RESPECT THE EXPERTISE OF NONPROFIT PROFESSIONALS WORKING IN VARIOUS SECTORS AND THE PEOPLE THEY SERVE IN OUR COMMUNITIES TO IDENTIFY NEEDS AND SOLUTIONS.UNRESTRICTED GIFTS SUPPLEMENT CFNIL'S COMMUNITY GRANTS PROGRAM, WHICH PROVIDES GRANTS FOR CHARITABLE ACTIVITIES IN SIX FOCUS AREAS: ARTS & HUMANITIES; EDUCATION; HEALTH; HUMAN SERVICES; SUSTAINABLE COMMUNITIES; YOUTH & FAMILIES. OF THESE SIX, EDUCATION COMPRISES HALF OF ALL THE GRANTMAKING MADE THROUGH THIS PROGRAM. OVER ONE HUNDRED COMMUNITY VOLUNTEERS MAKE UP THE COMMITTEES WHICH REVIEW PROPOSALS AND RECOMMEND RECIPIENTS TO CFNIL'S BOARD OF TRUSTEES.CFNIL'S YOUTH PHILANTHROPY PROGRAM, IN YOUTH WE TRUST (IYWT), PROVIDES GRANTS FOR PROGRAMS AND SERVICES WHICH SPECIFICALLY BENEFIT YOUTH IN OUR COMMUNITY. THE APPLICATIONS ARE CREATED, PROMOTED, AND REVIEWED BY THE IYWT COUNCIL, A GROUP OF HIGH SCHOOL-AGED STUDENTS. THE NEIGHBORHOOD GRANTS PROGRAM IS ADMINISTERED IN PARTNERSHIP WITH NW HOMESTART, A NONPROFIT HOUSING ADVOCACY AGENCY, AND PROVIDES GRANTS TO NEIGHBOR-LED AND NEIGHBORHOOD-SERVING PROJECTS. CFNIL ADMINISTERS A ROBUST SCHOLARSHIP PROGRAM WITH OVER 100 UNIQUE SCHOLARSHIP FUNDS. THE DIVERSITY OF CFNIL'S SCHOLARSHIP PROGRAM REFLECTS THE DIVERSITY OF OUR DONORS AND THE STUDENTS THE FUNDS SERVE; THERE ARE AWARDS FOR STUDENTS OF ALL BACKGROUNDS, EXPERIENCES, AND EDUCATIONAL ASPIRATIONS. MANY SCHOLARSHIPS HAVE LIVING DONORS WHO PARTICIPATE IN THE SCHOLARSHIP SELECTION PROCESS. OVER 140 VOLUNTEERS PARTICIPATE IN SCHOLARSHIP SELECTION COMMITTEES, REVIEWING HUNDREDS OF APPLICATIONS AND RECOMMENDING RECIPIENTS TO CFNIL'S BOARD OF TRUSTEES.MANY OF CFNIL'S FUNDS ARE DESIGNATED BY DONORS FOR SPECIFIC CAUSES, PROGRAMS, OR ORGANIZATIONS. EACH YEAR CFNIL CALCULATES THE DISTRIBUTABLE INCOME OF THESE FUNDS AND MAKES GRANTS TO THE BENEFICIARIES. IT IS CFNIL'S PRIVILEGE TO ADMINISTER THESE FUNDS, WHICH ARE GOVERNED BY FORMAL AGREEMENTS WHICH SPELL OUT THE DONORS' CHARITABLE INTENT. CFNIL IS PROUD TO CONSISTENTLY AND THOROUGHLY STEWARD EACH DONOR'S INTENT, EACH AND EVERY YEAR, FOR THE BENEFIT OF DOZENS OF ORGANIZATIONS AND GENERATIONS OF RESIDENTS IN NORTHERN ILLINOIS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,541,105
Noncash contributions included in lines 1a–1f $2,471,576
Total Revenue from Contributions, Gifts, Grants & Similar$11,541,105
Total Program Service Revenue$120,143
Investment income $3,395,713
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,711,222
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,953,663

Grants Awarded

Over the last fiscal year, Community Foundation Of Northern Illinois has awarded $3,637,438 in support to 121 organizations.

Grant RecipientAmount

ASKINOSIE FOUNDATION

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$5,200

BOYS AND GIRLS CLUB OF ROCKFORD

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$43,544

BURPEE MUSEUM OF NATURAL HISTORY

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$11,727

BOYLAN CATHOLIC HIGH SCHOOL

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$79,273

CIRCLE OF CHANGE

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$31,712

CARPENTER'S PLACE

PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT

$75,572
View Grant Profile

Peer Organizations

Organization NameAssets
Southeastern Illinois Community Foundation
Effingham, IL
$6,847,115
The Community Foundatio Of Louisville Depository Inc
Louisville, KY
$22,827,292
Madison Community Foundation
Madison, WI
$36,932,800
Dupage Community Foundation
Downers Grove, IL
$23,287,805
Greater Cedar Rapids Community Foundation
Cedar Rapids, IA
$26,493,454
Community Foundation Of Greater Fort Wayne Inc
Fort Wayne, IN
$22,701,309
Community Foundation Of St Joseph County Inc
South Bend, IN
$17,614,512
Community Foundation Of Bloomington And Monroe County Inc
Bloomington, IN
$14,808,470
Truman Heartland Community Foundation
Independence, MO
$10,949,150
St Louis Community Foundation
St Louis, MO
$20,148,169
The Community Foundation Of Louisville Corporate Depository In
Louisville, KY
$13,186,961
Quad Cities Community Foundation
Bettendorf, IA
$12,042,072
Community Foundation Of Northeast Iowa
Cedar Falls, IA
$16,618,758
Foundation For Appalachian Kentucky Inc
Hazard, KY
$11,777,632
Community Foundation Of Greater Dubuque
Dubuque, IA
$18,173,016
Community Foundation Of North Central Wisconsin Inc
Wausau, WI
$11,993,940
Oshkosh Area Community Foundation Corporation
Oshkosh, WI
$12,150,025
Community Foundation Of Northern Illinois
Rockford, IL
$16,953,663
Kosciusko County Community Foundation Inc
Warsaw, IN
$17,717,260
Community Foundation Of The Fox River Valley
Aurora, IL
$17,492,898
Heritage Fund Of Bartholomew County Inc
Columbus, IN
$9,729,076
Waukesha County Community Foundation Inc
Waukesha, WI
$11,175,955
Community Foundation Of Southern Indiana Inc
New Albany, IN
$8,060,969
Hamilton County Community Foundation Inc
Fishers, IN
$16,576,177
Community Foundation Of The Quincy Area
Quincy, IL
$6,914,949

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