Frank & Alice Godeke Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLNEY, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $566K in total assets. In 2025, it awarded 4 grants totaling $50K. Net investment income was $25K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$566K
-5.8% YoY
Annual Giving
$50K
+25.0% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$13K
+25.0% YoY
About Frank & Alice Godeke Scholarship
Based on IRS filings
Frank & Alice Godeke Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OLNEY, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $566K in total assets. In 2025, it awarded 4 grants totaling $50K. Net investment income was $25K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $566,112 | $601,055 | $626,890 |
| Revenue | $28,611 | $27,105 | $26,859 |
| Expenses | $63,554 | $52,940 | $56,131 |
| Qualifying Distributions | $60,098 | $49,616 | $53,100 |
| Net Investment Income | $25,155 | $23,781 | $23,828 |
| Distributable Amount | $56,762 | $52,746 | $49,531 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
Grant Size Distribution
21 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 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CO FIRST NATAIONAL BANK IN OLNEY | TRUSTEE | 5 | $12,497 |
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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