Codefi Foundation on Rural Innovation
The foundation is dedicated to improving the quality of life by accelerating economic development through access to education, mentoring, technology, capital, and providing increased and efficient internet, network, and technology connectivity and access to citizens and businesses.
Codefi Foundation on Rural Innovation at a glance
In short: Codefi Foundation on Rural Innovation gave $125K across 3 grants in 2024 (avg $42K), mostly in Missouri. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $125,000
- +37.2% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $41,667
- +37.2% vs 2023
- Median grant
- $41,667
- Total assets
- $251,056
- -41.7% vs 2023
- Primary geography
- Missouri (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Codefi Foundation on Rural Innovation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Pubgen ($50K). Together the top 3 received $125K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 25 grants of 27 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
How Codefi Foundation on Rural Innovation gives
- Giving held roughly steady from 2021 to 2024 (+18%). 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 2020 to 2024, annual grant giving ranged from $91K (2023) to $240K (2020). In 2024 it made 3 grants totaling $125K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pubgen Cape Girardeau, MO | 1ST 50K Competition | $50,000 |
| Vendoor Technologies Inc Puxico, MO | 1ST 50K Competition | $41,667 |
| Parent Protech Inc Columbia, MO | 1ST 50K Competition | $33,333 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $251,056 | $3,124,299 | $3,293,411 | $125,000 | 3 | $19 |
| 2023 | $430,740 | $2,194,914 | $2,402,498 | $91,100 | 3 | $226 |
| 2022 | $460,489 | $1,927,331 | $1,989,779 | $167,503 | 6 | $221 |
| 2021 | $527,120 | $1,069,437 | $1,301,776 | $105,833 | 7 | $876 |
| 2020 | $806,127 | $1,286,602 | $1,225,570 | $240,000 | 8 | $2,684 |
About Codefi Foundation on Rural Innovation
Based on IRS filings
Codefi Foundation on Rural Innovation is a public charity focused on Community Improvement & Capacity Building, based in Cape Girardeau, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $251K in total assets. In 2024, it awarded 3 grants totaling $125K. Net investment income was $19.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Codefi Foundation on Rural Innovation is led by James Stapleton, President & CEO since 2023 (on filings since 2020); 2 of 6 officers listed in 2024 are compensated.
Officers on the 2024 filing
James Stapleton
President & CEO
Chairperson → President & CEO, 2023
On filings since 2020
40 hrs/week
$73K (2020) → $161K (2024)
Chris Carnell
Executive Director
On filings since 2020
40 hrs/week
$73K (2020) → $64K (2024)
Aaron Panton
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Chauncy Buchheit
Secetary
On filings since 2020
1 hr/week
No compensation reported
Chris Dittmer
Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Simoriah Stogner
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Glenn Campbell (2020–2023) — Vice President
- Former: Tim Goodman (2020–2023) — Board Member
- Former: Jeffrey Maurer (2020–2021) — Board Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $161K, to Dr James Stapleton (President & CEO). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Codefi Foundation on Rural Innovation
How much does Codefi Foundation on Rural Innovation give each year?
Codefi Foundation on Rural Innovation gave $125K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $91K across 3 grants.
What is Codefi Foundation on Rural Innovation's typical grant size?
Codefi Foundation on Rural Innovation's median grant in 2024 was $41,667, and its average grant was $41,667, across 3 grants on its 2024 IRS Form 990.
Where does Codefi Foundation on Rural Innovation give grants?
Codefi Foundation on Rural Innovation gives mostly in Missouri: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there.
Does Codefi Foundation on Rural Innovation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Codefi Foundation on Rural Innovation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "1ST 50K Competition" (3 grants).
How large is Codefi Foundation on Rural Innovation?
Codefi Foundation on Rural Innovation reported $251K in total assets on its 2024 IRS Form 990. Its revenue that year was $3.1M.
What is Codefi Foundation on Rural Innovation?
Codefi Foundation on Rural Innovation is a public charity focused on Community Improvement & Capacity Building, based in Cape Girardeau, MO. It holds $251K in total assets as of 2024.
What is Codefi Foundation on Rural Innovation's EIN?
Codefi Foundation on Rural Innovation's EIN (Employer Identification Number) is 81-2556748. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 26, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Codefi Foundation on Rural Innovation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
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Browse active grant opportunities in Codefi Foundation on Rural Innovation's focus areas in our free grants database
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