Fairfield National Bank Comm Foundation
Fairfield National Bank Comm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $918K in total assets. In 2024, it awarded 28 grants totaling $47K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$918K
-1.4% YoY
Annual Giving
$47K
-2.1% YoY
Grant Count
28
+0.0% YoY
Avg Grant Size
$2K
-2.1% YoY
Under IRS private-foundation payout rules, Fairfield National Bank Comm Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About Fairfield National Bank Comm Foundation
Based on IRS filings
Fairfield National Bank Comm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $918K in total assets. In 2024, it awarded 28 grants totaling $47K. Net investment income was $36K.
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 | $917,827 | $931,012 | $950,159 |
| Revenue | $38,410 | $32,880 | $29,788 |
| Expenses | $51,595 | $52,027 | $54,145 |
| Qualifying Distributions | $47,775 | $48,763 | $49,975 |
| Net Investment Income | $35,626 | $30,385 | $27,211 |
| Distributable Amount | $46,850 | $42,989 | $44,861 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
142 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fairfield Park District ($7,200), Fairfield Park District ($3,000), Frontier Community College Foundation ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANIMALS REQUESTING FRIENDS FAIRFIELD, IL | OPERATIONS | $500 |
| CBAI FOUNDATION FOR COMMUNITY BANKING SPRINGFIELD, IL | SCHOLARSHIPS | $1,000 |
| CISNE HIGH SCHOOL CISNE, IL | FFA PROGRAM | $500 |
| COMPASSION PREGNANCY CENTER FAIRFIELD, IL | OPERATIONS | $1,000 |
| FAIRFIELD COMM HIGH SCHOOL FAIRFIELD, IL | STUDENT ACTIVITIES | $1,000 |
| FAIRFIELD COMM HIGH SCHOOL FAIRFIELD, IL | FFA PROGRAM | $500 |
| FAIRFIELD PARK DISTRICT FAIRFIELD, IL | OPERATIONS | $3,000 |
| FAIRFIELD PARK DISTRICT FAIRFIELD, IL | SPLASH PAD PROJECT | $7,200 |
| FAIRFIELD PARK DISTRICT FAIRFIELD, IL | SWIMMING POOL RENOVATIONS | $1,000 |
| FAIRFIELD PARK DISTRICT FAIRFIELD, IL | CHRISTMAS LIGHTS DISPLAY | $1,600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDA MONGE | PRESIDENT/DIRECTOR | 1 | — |
| BARBARA WILLIAMS | VICE PRESIDENT/DIRECTOR | 1 | — |
| BETTIE LAWS | SECRETARY/TREASURER/DIRECT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fairfield National Bank Comm Foundation?
Fairfield National Bank Comm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRFIELD, IL. It holds $918K in total assets as of 2024.
How large is Fairfield National Bank Comm Foundation?
As of 2024, Fairfield National Bank Comm Foundation holds $918K in total assets with $38K in annual revenue. It awarded 28 grants totaling $47K in 2024.
Where does Fairfield National Bank Comm Foundation operate?
Fairfield National Bank Comm Foundation has awarded grants in Iowa, Illinois, Indiana.
What size grants does Fairfield National Bank Comm Foundation award?
In 2024, Fairfield National Bank Comm Foundation awarded 28 grants totaling $47K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Fairfield National Bank Comm Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fairfield National Bank Comm Foundation reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fairfield National Bank Comm Foundation's EIN?
Fairfield National Bank Comm Foundation's EIN (Employer Identification Number) is 37-1379680. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fairfield National Bank Comm Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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