PROVIDE SCHOLARSHIPS AND GRANT ASSISTANCE TO INDIVIDUALS AND CITY OR ARCOLA ORGANIZATIONS
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
+2.7% YoY
Annual Giving
$99K
+19.1% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$14K
+2.1% YoY
About Arcola Foundation
Based on IRS filings
Arcola Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in ARCOLA, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 7 grants totaling $99K. Net investment income was $129K.
Focus Areas
Ready to take the next step with Arcola Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,312,377 | $6,147,002 | $6,110,777 |
| Revenue | $382,110 | $284,444 | $377,881 |
| Expenses | $276,448 | $239,950 | $294,680 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $129,281 | $112,610 | $122,913 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK SPAINHOUR | CHAIRMAN | 1.5 | — |
| MELISSA CONLIN | VICE-CHAIRMAN | 1.5 | — |
| ALEX JOHNS | MEMBER | 1.5 | — |
| DR ROBERT BIGGS | MEMBER | 1.5 | — |
| LINDA RANKIN | MEMBER | 1.5 | — |
| ROBERT KOSIC | MEMBER | 1.5 | — |
| LISA EDWARDS | MEMBER | 1.5 | — |
| DALE BOYER | TRUSTEE | 1.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Arcola Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities