Encourage Inc

EVANSTON, IL EIN: 59-2752833

Encourage Inc is a private foundation, based in EVANSTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $40.1M in total assets. In 2024, it awarded 7 grants totaling $9.0M. Net investment income was $1.8M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$40.1M

+232.8% YoY

Annual Giving

$9.0M

+1380.0% YoY

Grant Count

+133.3% YoY

Avg Grant Size

$1.3M

+534.3% YoY

Under IRS private-foundation payout rules, Encourage Inc reported a distributable amount of $2.2M for 2024 — the minimum it must pay out in qualifying distributions.

About Encourage Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $4.0M (38%)

Florida $4.0M (38%)

Illinois $2.5M (24%)

States

Florida Illinois Indiana

Cities

AuburndaleEvanstonIndianapolisLake WalesOrlando

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$40,113,640	$12,054,757	$2,497,379
Revenue	$37,433,628	$10,340,288	$2,483,898
Expenses	$9,374,745	$771,888	$444,191
Qualifying Distributions	$9,106,353	$686,075	$437,787
Net Investment Income	$1,808,223	—	$30,242
Distributable Amount	$2,234,190	$154,099	$19,509

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

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Morgan Stanley Global Impact Funding Trust Inc ($4,019,103), Connection for the Homeless ($2,500,000), Lake Wales Care Center ($1,000,000).

Recipient	Purpose	Amount
CONNECTION FOR THE HOMELESS EVANSTON, IL	TO SUPPORT GENERAL OPERATION	$2,500,000
ANCHOR HOUSE SERVICES INC AUBURNDALE, FL	TO SUPPORT GENERAL OPERATION, MEDICAL-RELATED EXPENSES AND TRANSITION TO SUCCESS PROGRAM	$882,500
LAKE WALES CARE CENTER LAKE WALES, FL	TO ESTABLISH THE POITRAS FAMILY FUND FOR HOUSING AND LITERACY	$1,000,000
ST ALBAN'S EPISCOPAL CHURCH AUBURNDALE, FL	TO SUPPORT GENERAL OPERATION AND BUILDING/SITE MAINTENANCE	$378,028
DIOCESE OF CENTRAL FLORIDA ORLANDO, FL	ST. ALBANS LOAN PAYOFF (ST. AS BORROWED $ FOR ROOF REPAIR)	$123,308
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC INDIANAPOLIS, IN	TO SUPPORT PUBLIC CHARITIES IN THE FUTURE	$4,019,103
ANCHOR HOUSE INC OF POLK COUNTY AUBURNDALE, FL	TO SUPPORT GENERAL OPERATION.	$125,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JULIE J FLEPS	PRESIDENT	5	—
DARYL M CARTER	VICE PRESIDENT	2	—
JILL FREEMAN	TREASURER	5	—
JENNIFER CARACAPPA	SECRETARY	5	—

Frequently Asked Questions

How large is Encourage Inc?

As of 2024, Encourage Inc holds $40.1M in total assets with $37.4M in annual revenue. It awarded 7 grants totaling $9.0M in 2024.

Where does Encourage Inc operate?

Encourage Inc has awarded grants in Florida, Illinois, Indiana.

What size grants does Encourage Inc award?

In 2024, Encourage Inc awarded 7 grants totaling $9.0M — an average of about $1.3M per grant, based on its IRS Form 990 filings.

How much is Encourage Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Encourage Inc reported a distributable amount of $2.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.