Blue Sky Foundation
Blue Sky Foundation is a private foundation focused on Education, based in Edwardsville, IL. IRS filing data is available from 2019 through 2024. In 2024, it awarded 1 grant totaling $12K.
Blue Sky Foundation at a glance
In short: Blue Sky Foundation gave $12K across 1 grant in 2024 (avg $12K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $11,787
- -97.5% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $11,787
- -95.0% vs 2023
- Median grant
- $11,787
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Blue Sky Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Giving Hearts Initiative Inc ($12K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Blue Sky Foundation gives
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $12K (2024) to $472K (2023). In 2024 it made 1 grant totaling $12K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Giving Hearts Initiative Inc Edwardsville, IL | To Fund the Startup of Future Charitable Endeavors | $11,787 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $107 | $11,962 | $11,787 | 1 | $11,844 | — | $561 |
| 2023 | $11,855 | $5,552 | $476,213 | $472,419 | 2 | $473,700 | $3,039 | $18,964 |
| 2022 | $482,516 | $82,798 | $33,188 | — | — | $30,359 | — | $22,369 |
| 2021 | $432,906 | $120,215 | $3,324 | — | — | — | — | — |
| 2020 | $316,015 | $120,303 | $832 | — | — | — | — | — |
| 2019 | $196,544 | $120,157 | $20,321 | — | — | — | — | — |
Under IRS private-foundation payout rules, Blue Sky Foundation reported a distributable amount of $561 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Blue Sky Foundation is led by Michael Bailey, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael Bailey
President
On filings since 2019
2 hrs/week
No compensation reported
Jamie Mehrtens
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Kristie Bailey
Secretary
On filings since 2019
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 Blue Sky Foundation
How much does Blue Sky Foundation give each year?
Blue Sky Foundation gave $12K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $472K across 2 grants.
What is Blue Sky Foundation?
Blue Sky Foundation is a private foundation focused on Education, based in Edwardsville, IL.
Where does Blue Sky Foundation operate?
Blue Sky Foundation has awarded grants in Illinois, Missouri.
How much is Blue Sky Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Blue Sky Foundation reported a distributable amount of $561 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Blue Sky Foundation's EIN?
Blue Sky Foundation's EIN (Employer Identification Number) is 82-2351405. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-EZ for fiscal year 2019 (received by the IRS June 30, 2020)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Blue Sky Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Blue Sky Foundation's focus areas in our free grants database
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Figures come from Blue Sky Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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