Addleman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONMOUTH, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 16 grants totaling $12K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$270K
-22.0% YoY
Annual Giving
$12K
+0.0% YoY
Grant Count
16
-5.9% YoY
Avg Grant Size
$750
+6.3% YoY
Under IRS private-foundation payout rules, Addleman Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Addleman Foundation
Based on IRS filings
Addleman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONMOUTH, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $270K in total assets. In 2024, it awarded 16 grants totaling $12K. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $270,162 | $346,161 | $351,677 |
| Revenue | $-53,786 | $22,542 | $61,192 |
| Expenses | $22,213 | $28,058 | $22,299 |
| Qualifying Distributions | $15,644 | $16,579 | $17,433 |
| Net Investment Income | $11,644 | $13,769 | $52,410 |
| Distributable Amount | $13,611 | $10,954 | $11,614 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Buchanan Center for the Arts ($1,000), Carl Sandburg College ($1,000), Faith United Presbyterian Church ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BUCHANAN CENTER FOR THE ARTS MONMOUTH, IL | GRANT FOR FINE ARTS PROGRAM | $1,000 |
| CARL SANDBURG COLLEGE GALESBURG, IL | CHARITABLE | $1,000 |
| FAITH UNITED PRESBYTERIAN CHURCH MONMOUTH, IL | CHARITABLE | $1,000 |
| JAMIESON CENTER MONMOUTH, IL | GRANT FOR AFTER SCHOOL PROGRAM | $1,000 |
| KIWANIS CLUB OF MONMOUTH MONMOUTH, IL | GRANT FOR KIWANIS KICKS PROGRAM | $500 |
| LITTLE CEDAR PRESBYTERIAN CHURCH LITTLE YORK, IL | GRANT FOR SUPPORT OF CHURCH PROGRAMS AND VACATION BIBLE SCHOOL | $500 |
| MAPLE CITY BAPTIST CHURCH MONMOUTH, IL | GRANT FOR ACTIVITIES AND BIBLES TO AREA STUDENTS | $500 |
| WARREN COUNTY HISTORY MUSEUM MONMOUTH, IL | GRANT FOR SUPPORT OF THE GREAT NICOLA MAGIC FESTIVAL | $1,000 |
| WARREN COUNTY YMCA MONMOUTH, IL | CHARITABLE | $1,000 |
| HERITAGE BIBLE CHURCH MONMOUTH, IL | CHARITABLE | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIDWEST BANK | TRUSTEE | 1 | $3,319 |
| HANK SHIMMIN | DIRECTOR | 0.19 | — |
| DONNA SPEARS | DIRECTOR | 0.19 | — |
| BRANDON LEE | DIRECTOR | 0.19 | — |
| STAN JENKS | DIRECTOR | 0.19 | — |
| CAROL SHAW | CHAIRPERSON | 0.19 | — |
| JODI CHANDLER | VICE CHAIRPERSON | 0.19 | — |
| MARCIA PARRISH | DIRECTOR | 0.19 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Addleman Foundation?
Addleman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONMOUTH, IL. It holds $270K in total assets as of 2024.
How large is Addleman Foundation?
As of 2024, Addleman Foundation holds $270K in total assets with $-53,786 in annual revenue. It awarded 16 grants totaling $12K in 2024.
Where does Addleman Foundation operate?
Addleman Foundation has awarded grants in Illinois.
What size grants does Addleman Foundation award?
In 2024, Addleman Foundation awarded 16 grants totaling $12K — an average of about $750 per grant, based on its IRS Form 990 filings.
How much is Addleman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Addleman Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Addleman Foundation's EIN?
Addleman Foundation's EIN (Employer Identification Number) is 37-6051459. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Addleman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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