Cone Family Charitable Foundation
Cone Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERRARD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $264K in total assets. In 2024, it awarded 7 grants totaling $18K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$264K
-5.2% YoY
Annual Giving
$18K
+2.9% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$3K
+17.6% YoY
About Cone Family Charitable Foundation
Based on IRS filings
Cone Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHERRARD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $264K in total assets. In 2024, it awarded 7 grants totaling $18K. Net investment income was $4K.
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 | $264,303 | $278,795 | $291,530 |
| Revenue | $9,197 | $9,553 | $7,994 |
| Expenses | $23,689 | $22,288 | $18,052 |
| Qualifying Distributions | $18,000 | $17,500 | $13,000 |
| Net Investment Income | $3,903 | $4,999 | $3,123 |
| Distributable Amount | $16,221 | $15,393 | $16,495 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARREL SAGON | DIRECTOR, PRESIDENT AND SE | 1 | — |
| KEVIN M SAGON | DIRECTOR AND VICE PRESIDEN | 1 | — |
| GREGORY T SAGON | DIRECTOR, VICE PRESIDENT, | 1 | — |
| LARRY ANDERSON | DIRECTOR AND VICE PRESIDEN | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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