Clarence & Ida Klassen Charitable Foundation

Foundation · Grantmaker Springfield, IL EIN: 20-7218642

Clarence & Ida Klassen Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Springfield, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 3 grants totaling $99K. Net investment income was $168K.

Key facts about Clarence & Ida Klassen Charitable Foundation

In short: Clarence & Ida Klassen Charitable Foundation gave $99K across 3 grants in 2025 (avg $33K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
20-7218642
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$98,510
Grants made (2025)
3
Average grant
$32,837
Median grant
$16,420
Total assets
$1,655,383
Primary geography
Illinois (83% 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

$1.7M

+3.5% YoY

Annual Giving

$99K

+20.1% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$33K

+20.1% YoY

Under IRS private-foundation payout rules, Clarence & Ida Klassen Charitable Foundation reported a distributable amount of $99K for 2025 — the minimum it must pay out in qualifying distributions.

How Clarence & Ida Klassen Charitable Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+3%). Method
  • In 2025 it paid out 100% 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

2states

Share of all 3 itemized 2025 grant dollars.

Cities

SpringfieldBaltimore

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K3 grants20203 grants20213 grants20223 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Illinois State Museum: $66KIllinois State Museum$66KReading is Fundamental: $16KReading is Fundamental$16KWilmer Eye Institute: $16KWilmer Eye Institute$16K

Grant Size Distribution

15 grants across all recorded years

10<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Illinois State Museum Springfield, ILEthnoloty curatorship$65,670
Reading is Fundamental Springfield, ILBook purchase$16,420
Wilmer Eye Institute Baltimore, MDMacular research$16,420

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K202020212022202320242025
Metric202520242023
Total Assets$1,655,383$1,599,005$1,559,739
Revenue$168,205$127,093$84,753
Expenses$111,775$92,975$97,717
Qualifying Distributions$98,510$82,050$85,900
Net Investment Income$168,228$132,676$72,403
Distributable Amount$98,851$90,908$82,339

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 19, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
  7. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 19, 2021)
  8. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  9. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  10. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  11. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  12. Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)

Leadership & Key People

Officers and directors from IRS filings

Clarence & Ida Klassen Charitable Foundation's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Barry Hines

    Trustee

    On filings since 2020

    1 hr/week

    $5K (2020) → $5K (2025)

  • Peggi L Weymouth

    Trustee

    On filings since 2020

    1 hr/week

    $5K (2020) → $5K (2025)

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.

Compensation Overview

From 2025 IRS filing

Barry Hines — Trustee: $5KBarry HinesTrustee$5KPeggi L Weymouth — Trustee: $5KPeggi L WeymouthTrustee$5K

Frequently asked questions about Clarence & Ida Klassen Charitable Foundation

How much does Clarence & Ida Klassen Charitable Foundation give each year?

Clarence & Ida Klassen Charitable Foundation gave $99K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $82K across 3 grants.

What is Clarence & Ida Klassen Charitable Foundation's typical grant size?

Clarence & Ida Klassen Charitable Foundation's median grant in 2025 was $16,420, and its average grant was $32,837, across 3 grants on its 2025 IRS Form 990-PF.

Where does Clarence & Ida Klassen Charitable Foundation give grants?

Clarence & Ida Klassen Charitable Foundation gives mostly in Illinois: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maryland (17%). The most frequent recipient cities were Springfield, IL (2 grants).

Does Clarence & Ida Klassen Charitable Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Clarence & Ida Klassen Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Clarence & Ida Klassen Charitable Foundation?

Clarence & Ida Klassen Charitable Foundation reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $99K in qualifying distributions that year, against a required minimum of $99K (roughly 5% of its investment assets).

What is Clarence & Ida Klassen Charitable Foundation?

Clarence & Ida Klassen Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Springfield, IL. It holds $1.7M in total assets as of 2025.

What is Clarence & Ida Klassen Charitable Foundation's EIN?

Clarence & Ida Klassen Charitable Foundation's EIN (Employer Identification Number) is 20-7218642. 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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