Eades Foundation

Foundation · Grantmaker Champaign, IL EIN: 23-7045810

The Eades Foundation is a private 501(c)(3) foundation based in Champaign, Illinois. Established in August 1981, it operates as a grantmaking foundation focused on supporting charitable organizations across multiple sectors.

Key facts about Eades Foundation

EIN
23-7045810
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$227,000
Grants made (2024)
14
Average grant
$16,214
Median grant
$9,500
New grantees (estimate)
36% first-time grantees (5 of 14, 2024)
Total assets
$2,999,535
Primary geography
Pennsylvania (37% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited applications. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Eades Foundation funds

By grant dollars, the top recipient states for Eades Foundation's 14 itemized 2024 grants were Pennsylvania (37%), Illinois (16%) and California (15%). The most frequent recipient cities were New York, NY (3 grants) and San Francisco, CA (2 grants). 36% of grants with a stated purpose were for general or operating support.

Is Eades Foundation open to new grantees?

36%

first-time grantees, 2024

In 2024, 5 of 14 grantees (36%) were first-time recipients. First grants averaged $24K; repeat grants $12K. How we count

Medians: $14K first-time, $8K repeat.

  • 57% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+9%). Method
  • In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Eades Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.0M

+8.9% YoY

Annual Giving

$227K

+14.6% YoY

Grant Count

14

+16.7% YoY

Avg Grant Size

$16K

-1.7% YoY

Under IRS private-foundation payout rules, Eades Foundation reported a distributable amount of $236K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grant-making priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation distributes funds to tax-exempt organizations in support of their charitable purposes.

Grantmaking

Grant Range

s:**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Illinois, New York, and California.

Grant Distribution by State

10states

Share of all 14 itemized 2024 grant dollars.

Cities

New YorkSan FranciscoAtlantaBurkeClarksdaleEvanstonWilmetteOaklandPittsburghChicagoJacksonvilleCharlottePhiladelphiaTopekaLa JollaSunnyvaleSycamoreThorndale

Financial History

Multi-year comparison from IRS filings

Assets:

  • 2024: $2.8 million
  • 2023: $2.75 million
  • 2022: $2.5 million

Annual Revenue & Expenses:

  • 2023 Revenue: $338,323
  • 2023 Expenses: $208,970
  • Total Liabilities: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$137K$273K$410K$547K20202021202220232024
Metric202420232022
Total Assets$2,999,535$2,753,143$2,623,796
Revenue$482,916$338,323$363,124
Expenses$236,524$208,976$230,728
Qualifying Distributions$227,000$198,000$215,000
Net Investment Income$497,207$346,843$347,966
Distributable Amount$236,352$216,828$223,987

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$57K$114K$170K$227K17 grants202016 grants202113 grants202212 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Friends of Peb: $84KFriends of Peb$84KSpring Initiative Inc: $28KSpring Initiative Inc$28KNorthwestern University - Marcus Lowes Scholarship: $21KNorthwestern University -Marcus Lowes Scholarship$21KNatural Resources Defense Council: $14KNatural Resources DefenseCouncil$14KProject Castillo: $14KProject Castillo$14KSunnyvale Community Services: $14KSunnyvale Community Services$14KPlanned Parenthood Federation: $10KPlanned Parenthood Federation$10KDekalb County History Center: $9KDekalb County History Center$9KArthritis Foundation Inc: $8KArthritis Foundation Inc$8KRaising Guatemala Co the City Gates Church: $8KRaising Guatemala Co the CityGates Church$8K

Grant Size Distribution

72 grants across all recorded years

67<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Friends of Peb ($84,000), Spring Initiative Inc ($28,000), Northwestern University - Marcus Lowes Scholarship ($21,000).

RecipientPurposeAmount
FRIENDS OF PEB Thorndale, PASUPPORTING EDUCATION IN PAKISTAN$84,000
SPRING INITIATIVE INC Clarksdale, MSOPERATING EXPENSES FOR EDUCATION FACILITY$28,000
NORTHWESTERN UNIVERSITY - MARCUS LOWES SCHOLARSHIP Evanston, ILSCHOLARSHIP FOR MEDILL JOURNALISM SCHOOL IN MEMORY OF MARCUS LOWES$21,000
NATURAL RESOURCES DEFENSE COUNCIL New York, NYSAFEGUARDING THE EARTH$14,000
PROJECT CASTILLO San Francisco, CAFUNDS TO HELP END CAMPUS SEXUAL ASSAULT$14,000
SUNNYVALE COMMUNITY SERVICES Sunnyvale, CAFUNDING EMERGENCY ASSISTANCE$14,000
PLANNED PARENTHOOD FEDERATION New York, NYADVANCING HEALTH CARE, ADVOCACY & EDUCATION$10,000
DEKALB COUNTY HISTORY CENTER Sycamore, ILOPERATING EXPENSES$9,000
ARTHRITIS FOUNDATION INC Atlanta, GAOPERATING EXPENSES$8,000
RAISING GUATEMALA CO THE CITY GATES CHURCH Burke, VAGUATEMALA MISSION$8,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
David C EadesTrustee——
Elizabeth E FrankTrustee——
Katherine a GrillTrustee——
Amelia E KoplowTrustee——
Rebecca WillrichTrustee——
David GrillExecutive Director——

Frequently Asked Questions

What does Eades Foundation fund?

The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation distributes funds to tax-exempt organizations in support of their charitable purposes.

How do I apply for a grant from Eades Foundation?

The foundation does not accept unsolicited applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Eades Foundation make grants?

The foundation primarily funds organizations in Illinois, New York, and California.

What size grants does Eades Foundation award?

In 2024, Eades Foundation awarded 14 grants totaling $227K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Eades Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Eades Foundation reported a distributable amount of $236K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Eades Foundation's EIN?

Eades Foundation's EIN (Employer Identification Number) is 23-7045810. IRS Form 990 filing data is available on this page for 2020–2024.

Does Eades Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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