Bushnell Arts Foundation is a private foundation focused on Education, based in BUSHNELL, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 4 grants totaling $6K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$247K
-3.7% YoY
Annual Giving
$6K
-28.9% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$1K
+6.7% YoY
Under IRS private-foundation payout rules, Bushnell Arts Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About Bushnell Arts Foundation
Based on IRS filings
Bushnell Arts Foundation is a private foundation focused on Education, based in BUSHNELL, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $247K in total assets. In 2024, it awarded 4 grants totaling $6K. Net investment income was $2K.
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 | $246,654 | $256,060 | $244,814 |
| Revenue | $4,439 | $28,712 | $22,926 |
| Expenses | $13,844 | $17,466 | $18,618 |
| Qualifying Distributions | $11,531 | $8,134 | $13,075 |
| Net Investment Income | $2,381 | $18,355 | $17,880 |
| Distributable Amount | $16,110 | $14,692 | $14,857 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bushnell-prairie City Schools ($4,700), Cindys Landscaping ($716), Carl Sandburg College ($250).
| Recipient | Purpose | Amount |
|---|---|---|
| BUSHNELL-PRAIRIE CITY SCHOOLS BUSHNELL, IL | THEATER ARTS RELATED | $4,700 |
| CARL SANDBURG COLLEGE BUSHNELL, IL | ARTS RELATED | $250 |
| BUSHNELL TOWN COUNTRY FESTIVAL CANTON, IL | SCHOLARSHIP | $100 |
| CINDYS LANDSCAPING BUSHNELL, IL | ART RELATED | $716 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FARMERS MERCHANTS STATE BANK | TRUSTEE | 1 | — |
| EILEEN N RAUSCHERT | PRESIDENT | 1 | — |
| JOELLEN PENSINGER | SECRETARY | 1 | — |
| MARTHA SWENEY | OFFICER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bushnell Arts Foundation?
Bushnell Arts Foundation is a private foundation focused on Education, based in BUSHNELL, IL. It holds $247K in total assets as of 2024.
How large is Bushnell Arts Foundation?
As of 2024, Bushnell Arts Foundation holds $247K in total assets with $4K in annual revenue. It awarded 4 grants totaling $6K in 2024.
Where does Bushnell Arts Foundation operate?
Bushnell Arts Foundation has awarded grants in Illinois, Kentucky.
What size grants does Bushnell Arts Foundation award?
In 2024, Bushnell Arts Foundation awarded 4 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Bushnell Arts Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bushnell Arts Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bushnell Arts Foundation's EIN?
Bushnell Arts Foundation's EIN (Employer Identification Number) is 36-3151919. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bushnell Arts 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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