Arcola Foundation logo

Arcola Foundation

Public charity · Grantmaker Arcola, IL EIN: 37-0999945 Website

Provide scholarships and grant assistance to individuals and city or arcola organizations

Key facts about Arcola Foundation

In short: Arcola Foundation gave $59K across 6 grants in 2025 (avg $10K), mostly in Illinois. Source: 2025 IRS Form 990.

EIN
37-0999945
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$59,411
Grants made (2025)
6
Average grant
$9,902
Median grant
$10,000
Total assets
$6,745,378
Primary geography
Illinois (66% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$6.7M

+6.9% YoY

Annual Giving

$59K

-39.8% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$10K

-29.7% YoY

How Arcola Foundation gives

  • Giving fell 35% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Arcola Foundation

Based on IRS filings

Arcola Foundation is a public charity focused on Arts, Culture & Humanities, based in Arcola, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.7M in total assets. In 2025, it awarded 6 grants totaling $59K. Net investment income was $180K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

ArcolaImmokaleeAva MarieMariaNaplesNotre Dame

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K5 grants2019 3 grants2020 2 grants2021 5 grants2022 6 grants2023 7 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $40K (2021) to $105K (2019). In 2025 it made 6 grants totaling $59K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Arcola Food Pantry: $14KArcola Food Pantry$14KCity of Arcola: $10KCity of Arcola$10KSt Johns Catholic Church: $10KSt Johns Catholic Church$10KGuadalupe Social Services: $10KGuadalupe Social Services$10KAve Maria Church: $10KAve Maria Church$10KArcola High School: $5KArcola High School$5K

The largest 2025 recipient was Arcola Food Pantry ($14K). Together the top 6 received $59K.

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 26 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Arcola Food Pantry Arcola, ILDonation$14,000
City of Arcola Arcola, ILSupport City Programs$10,000
St Johns Catholic Church Arcola, ILDonation$10,000
Guadalupe Social Services Immokalee, FLDonation$10,000
Ave Maria Church Maria, FLDonation$10,000
Arcola High School Arcola, ILDonation$5,411

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,745,378$6,312,377$6,147,002
Revenue$355,143$382,110$284,444
Expenses$272,474$276,448$239,950
Net Investment Income$179,861$129,281$112,610

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2019 (received by the IRS May 7, 2020)
  2. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Arcola Foundation is led by Mark Spainhour, Chairman on every filing since 2019; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mark Spainhour

    Chairman

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Dale Boyer

    Trustee

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Linda Rankin

    Member

    Director → Member, 2020

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Lisa Edwards

    Member

    Director → Member, 2020

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Melissa Conlin

    Vice Chairman

    Co-Chair → Vice Chair, 2022

    Vice Chair → Vice Chairman, 2023

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Robert Kosic

    Member

    Director → Member, 2020

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Alex Johns

    Member

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Robert Biggs

    Member

    On filings since 2023

    1.5 hrs/week

    No compensation reported

Former officers (4)
  • Former: Randy Williams (2019–2022) — Member
  • Former: Brian Blagg (2019) — Director
  • Former: Jennifer Shafer (2019) — Secretary
  • Former: Lynn Miller (2019) — Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Arcola Foundation

How much does Arcola Foundation give each year?

Arcola Foundation gave $59K across 6 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $99K across 7 grants.

What is Arcola Foundation's typical grant size?

Arcola Foundation's median grant in 2025 was $10,000, and its average grant was $9,902, across 6 grants on its 2025 IRS Form 990.

Where does Arcola Foundation give grants?

Arcola Foundation gives mostly in Illinois: 66% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Florida (34%). The most frequent recipient cities were Arcola, IL (4 grants).

Does Arcola Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Arcola Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Donation" (5 grants).

Who are Arcola Foundation's largest grantees?

Arcola Foundation's largest 2025 grantees include Arcola Food Pantry ($14,000), City of Arcola ($10,000) and St Johns Catholic Church ($10,000), according to its 2025 IRS Form 990. Together they received 57% of its itemized 2025 grant dollars.

How large is Arcola Foundation?

Arcola Foundation reported $6.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $355K.

What is Arcola Foundation?

Arcola Foundation is a public charity focused on Arts, Culture & Humanities, based in Arcola, IL. It holds $6.7M in total assets as of 2025.

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 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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