Bushnell Arts Foundation is a private foundation focused on Education, based in Bushnell, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $284K in total assets. In 2025, it awarded 7 grants totaling $8K. Net investment income was $49K.
Key facts about Bushnell Arts Foundation
In short: Bushnell Arts Foundation gave $8K across 7 grants in 2025 (avg $1K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- EIN
- 36-3151919
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $7,606
- Grants made (2025)
- 7
- Average grant
- $1,087
- Median grant
- $350
- Total assets
- $284,278
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$284K
+15.3% YoY
Annual Giving
$8K
+31.9% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$1K
-24.6% YoY
Under IRS private-foundation payout rules, Bushnell Arts Foundation reported a distributable amount of $17K for 2025 — the minimum it must pay out in qualifying distributions.
How Bushnell Arts Foundation gives
- Giving fell 33% from 2022 to 2025. Method
- In 2025 it paid out 65% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $6K (2024) to $12K (2021). In 2025 it made 7 grants totaling $8K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Bushnell-Prairie City Schools ($5K). Together the top 6 received $8K.
Organizations only. It also paid 1 individual scholarship ($100), which are not listed by name.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 29 grants of 29 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bushnell-Prairie City Schools Bushnell, IL | Theater Arts Related | $5,330 |
| Cindys Landscaping Bushnell, IL | Art Related | $776 |
| Carl Sandburg College Bushnell, IL | Arts Related | $350 |
| Monmouth College Monmouth, IL | Scholarship | $350 |
| Illionis Central College East Peoria, IL | Scholarship | $350 |
| Nortern Illinois University Dekalb, IL | Scholarship | $350 |
| 1 individual scholarship Recipients not named | — | $100 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $284,278 | $246,654 | $256,060 |
| Revenue | $49,846 | $4,439 | $28,712 |
| Expenses | $12,224 | $13,844 | $17,466 |
| Qualifying Distributions | $11,219 | $11,531 | $8,134 |
| Net Investment Income | $48,874 | $2,381 | $18,355 |
| Distributable Amount | $17,142 | $16,110 | $14,692 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Bushnell Arts Foundation is led by Eileen N. Rauschert, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eileen N. Rauschert
President
On filings since 2020
1 hr/week
No compensation reported
Farmers AND Merchants State Bank
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Joellen Pensinger
Secretary
On filings since 2020
1 hr/week
No compensation reported
Martha Sweney
Officer
On filings since 2021
1 hr/week
No compensation reported
Former officers (2)
- Former: Farmers Merchants State Bank (2021–2024) — Trustee
- Former: John Lawson (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "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 Bushnell Arts Foundation
How much does Bushnell Arts Foundation give each year?
Bushnell Arts Foundation gave $8K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 4 grants.
What is Bushnell Arts Foundation's typical grant size?
Bushnell Arts Foundation's median grant in 2025 was $350, and its average grant was $1,087, across 7 grants on its 2025 IRS Form 990-PF.
Where does Bushnell Arts Foundation give grants?
Bushnell Arts Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bushnell, IL (3 grants).
Does Bushnell Arts Foundation give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Bushnell Arts Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (4 grants).
Who are Bushnell Arts Foundation's largest grantees?
Bushnell Arts Foundation's largest 2025 grantees include Bushnell-Prairie City Schools ($5,330), Cindys Landscaping ($776) and Carl Sandburg College ($350), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($100), which are not listed by name. Together they received 85% of its itemized 2025 grant dollars.
How large is Bushnell Arts Foundation?
Bushnell Arts Foundation reported $284K in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Bushnell Arts Foundation?
Bushnell Arts Foundation is a private foundation focused on Education, based in Bushnell, IL. It holds $284K in total assets as of 2025.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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