District One Foundation for Quality

CARROLLTON, IL EIN: 37-1314937

District One Foundation for Quality is a private foundation, based in CARROLLTON, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $316K in total assets. In 2025, it awarded 3 grants totaling $48K. Net investment income was $6K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$316K

-1.4% YoY

Annual Giving

$48K

-5.4% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$16K

-5.4% YoY

Under IRS private-foundation payout rules, District One Foundation for Quality reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

About District One Foundation for Quality

Based on IRS filings

District One Foundation for Quality is a private foundation, based in CARROLLTON, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $316K in total assets. In 2025, it awarded 3 grants totaling $48K. Net investment income was $6K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Carrollton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$28K$56K$85K$113K20212022202320242025
Metric202520242023
Total Assets$316,042$320,405$319,597
Revenue$86,819$96,986$89,875
Expenses$91,182$96,178$102,487
Qualifying Distributions$89,900$94,044$101,824
Net Investment Income$5,541$5,267$3,749
Distributable Amount$15,604$15,685$16,025

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$27K$40K$54K3 grants20212 grants20223 grants20233 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

47 INDIVIDUAL COLLEGE SC…$40KFOOD FOR SCHOOL FOOD PRO…$8KWEEKENDCEOEARLY CHILDHOO…$500

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include 47 Individual College Scholarship Recipients ($40,337), Food for School Food Program ($7,541), Weekendceoearly Childhoodphysics Program Donations ($500).

RecipientPurposeAmount
47 INDIVIDUAL COLLEGE SCHOLARSHIP RECIPIENTS CARROLLTON, ILPOST HIGH SCHOOL EDUCATION$40,337
FOOD FOR SCHOOL FOOD PROGRAM CARROLLTON, ILPURCHASING AND SUPPLYING FOOD FOR STUDENTS ON WEEKENDS$7,541
WEEKENDCEOEARLY CHILDHOODPHYSICS PROGRAM DONATIONS CARROLLTON, ILOTHER SMALL VARIOUS DONATIONS TO EDUCATIONAL/FOOD PROGRAMS WITHIN THE DISCTRICT$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ROBERT WALKERCHAIRMAN1
TRAVIS KLINGLERVICE-CHAIRMAN1
LARRY GILLINGHAMSECRETARY1
LEONA FREANDTREASURER1

Frequently Asked Questions

How large is District One Foundation for Quality?

As of 2025, District One Foundation for Quality holds $316K in total assets with $87K in annual revenue. It awarded 3 grants totaling $48K in 2025.

Where does District One Foundation for Quality operate?

District One Foundation for Quality has awarded grants in Illinois.

What size grants does District One Foundation for Quality award?

In 2025, District One Foundation for Quality awarded 3 grants totaling $48K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is District One Foundation for Quality required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, District One Foundation for Quality reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is District One Foundation for Quality's EIN?

District One Foundation for Quality's EIN (Employer Identification Number) is 37-1314937. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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