Paul A Funk Foundation

Organization Overview

Paul A Funk Foundation is located in Bloomington, IL. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paul A Funk Foundation 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 06/2022, Paul A Funk Foundation generated $466.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $562.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Paul A Funk Foundation has awarded 93 individual grants totaling $465,500. 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 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF A HISTORICAL HOME SITE AND GEM AND MINERAL MUSEUM.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $73
Dividends & Interest $247,305
Net Rental Income$11,099
Net Gain on Sale of Assets $201,909
Capital Gain Net Income $206,959
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $466,287

Grants Awarded

Over the last fiscal year, Paul A Funk Foundation has awarded $241,500 in support to 47 organizations.

Grant RecipientAmount

SUGAR GROVE FOUNDATION CO SUGAR GROVE NATURE CTR

PURPOSE: GENERAL

$50,000

UNIVERSITY OF ILLINOIS COLLEGE OF ACES 65 MUNFORD HALL

PURPOSE: AGRICULTURAL SCHOLARSHIPS

$30,000

YMCA

PURPOSE: STRONG KIDS PROGRAM

$12,500

ISU FOUNDATION RAMBO HOUSE

PURPOSE: SCHOLARSHIP

$10,000

Normal, IL

PURPOSE: ADOPTION SERVICES

$10,000

UNITED WAY OF MCLEAN COUNTY

Org PageRecipient Profile

Bloomington, IL

PURPOSE: GENERAL

$10,000
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