Arcola Foundation
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
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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
Among its reported 2024 grants, the largest include Arcola Chamber of Commerce ($25,000), City of Arcola ($19,485), St Johns Catholic Church ($17,100).
| Recipient | Purpose | Amount |
|---|---|---|
| ARCOLA CHAMBER OF COMMERCE ARCOLA, IL | GENERAL OPERATIONS | $25,000 |
| CITY OF ARCOLA ARCOLA, IL | PAVILION/FIREWORKS | $19,485 |
| ST JOHNS CATHOLIC CHURCH ARCOLA, IL | DONATION | $17,100 |
| ARCOLA HIGH SCHOOL ARCOLA, IL | DONATION | $11,044 |
| CATHOLIC CHARITIES IMMOKALEE, FL | DONATION | $9,500 |
| NOTRE DAME CLUB OF NAPLES NAPLES, FL | DONATION | $6,500 |
| AIKMAN WILDLIFE ARCOLA, IL | DONATION | $10,000 |
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
Frequently Asked Questions
What is Arcola Foundation?
Arcola Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in ARCOLA, IL. It holds $6.3M in total assets as of 2024.
How large is Arcola Foundation?
As of 2024, Arcola Foundation holds $6.3M in total assets with $382K in annual revenue. It awarded 7 grants totaling $99K in 2024.
Where does Arcola Foundation operate?
Arcola Foundation has awarded grants in Florida, Illinois, Indiana.
What size grants does Arcola Foundation award?
In 2024, Arcola Foundation awarded 7 grants totaling $99K — an average of about $14K per grant, based on its IRS Form 990 filings.
What is Arcola Foundation's EIN?
Arcola Foundation's EIN (Employer Identification Number) is 37-0999945. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Arcola 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.