Friends of Mchenry County College logo

Friends of Mchenry County College

CRYSTAL LAKE, IL EIN: 23-7418071 Website

TOGETHER WITH OUR COMMUNITY WE BUILD FINANCIAL SUPPORT FOR STUDENT LEARNING AND SUCCESS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.8M

+20.5% YoY

Annual Giving

$6.3M

+748.2% YoY

Grant Count

11

+57.1% YoY

Avg Grant Size

$576K

+439.8% YoY

About Friends of Mchenry County College

Based on IRS filings

Friends of Mchenry County College is a nonprofit organization focused on Education, based in CRYSTAL LAKE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.8M in total assets. In 2024, it awarded 11 grants totaling $6.3M. Net investment income was $758K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AuroraChampaignChicagoCrystal LakeDekalbEdwardsvilleFort WorthIowa CityMobileNormalRockfordSewardSpringfieldTerre HauteWest Lafayette

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$5M$7M20202021202220232024
Metric202420232022
Total Assets$19,772,906$16,404,668$10,631,591
Revenue$4,639,353$6,410,523$911,060
Expenses$6,614,465$874,633$913,020
Qualifying Distributions
Net Investment Income$757,612$334,819$367,823
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M3 grants202010 grants202113 grants20227 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MCC CATI & UNIVERSITY CE…$5.6MMCC- SCHOLARSHIPS$575KMCC- PROGRAMS$49KNORTHERN ILLINOIS UNIVER…$28KMCC - STUDENT SUCCESS AW…$24KILLINOIS STATE UNIVERSITY$14KUNIVERSITY OF ILLINOIS C…$11KMCC - PASS THROUGH GRANT…$11KUNIVERSITY OF ILLINOIS C…$10KEVANGEL UNIVERSITY$6K

Grant Size Distribution

44 grants across all recorded years

30<$50K3$50–100K4$100–250K3$250–500K2$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mcc Cati & University Center Capital Campaign ($5,600,000), Mcc- Scholarships ($574,661), Mcc- Programs ($49,378).

RecipientPurposeAmount
EVANGEL UNIVERSITY SPRINGFIELD, MOSTUDENT SCHOLARSHIP$6,117
ILLINOIS STATE UNIVERSITY NORMAL, ILSTUDENT SCHOLARSHIP$14,300
UNIVERSITY OF ILLINOIS CHICAGO CHICAGO, ILSTUDENT SCHOLARSHIP$9,544
UNIVERSITY OF ILLINOIS CHAMPAIGN-URBANA CHAMPAIGN, ILSTUDENT SCHOLARSHIP$11,396
NORTHERN ILLINOIS UNIVERSITY DEKALB, ILSTUDENT SCHOLARSHIP$28,135
ST ANTHONY COLLEGE OF NURSING ROCKFORD, ILSTUDENT SCHOLARSHIP$5,290
MCC- SCHOLARSHIPS CRYSTAL LAKE, ILMCC STUDENT SCHOLARSHIPS$574,661
MCC - PASS THROUGH GRANTS FOR THE COLLEGE CRYSTAL LAKE, ILPASS THROUGH TO MCC$11,350
MCC- PROGRAMS CRYSTAL LAKE, ILMCC DEPARTMENT PROGRAMS$49,378
MCC CATI & UNIVERSITY CENTER CAPITAL CAMPAIGN CRYSTAL LAKE, ILDONATIONS FOR MCC CAPITAL CAMPAIGN OWED TO COLLEGE FOR CONSTRUCTION$5,600,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN RANKINSPRESIDENT8
ROB GETTYTREASURER8
ANN SCHIRKSECRETARY8
JOHN SCHUETTEVICE PRESIDENT8
LAURIE RETZLAFFBOARD MEMBER4
COLE BREESEBOARD MEMBER4
ALEXA MALOUFBOARD MEMBER4
CHRISTOPHER MERRELLBOARD MEMBER4
ROB REVAKBOARD MEMBER4
COREY TAFOYABOARD MEMBER4
GLORIA VAN HOFBOARD MEMBER4
ERIN BOERMANBOARD MEMBER4
MARY CATHERINE SCHULTZBOARD MEMBER4
RICHARD PAYSONBOARD MEMBER4
LINNEA KOOISTRABOARD MEMBER4
CHARLOTTE DIOGUARDIBOARD MEMBER4
MAGDALENA RIVERABOARD MEMBER4
BRIAN DIBONAEXECUTIVE DIRECTOR40

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Friends of Mchenry County College?

Friends of Mchenry County College is a nonprofit organization focused on Education, based in CRYSTAL LAKE, IL. It holds $19.8M in total assets as of 2024.

How large is Friends of Mchenry County College?

As of 2024, Friends of Mchenry County College holds $19.8M in total assets with $4.6M in annual revenue. It awarded 11 grants totaling $6.3M in 2024.

Where does Friends of Mchenry County College operate?

Friends of Mchenry County College has awarded grants in Alabama, Iowa, Illinois, Indiana, Missouri, Nebraska, Texas.

What size grants does Friends of Mchenry County College award?

In 2024, Friends of Mchenry County College awarded 11 grants totaling $6.3M — an average of about $576K per grant, based on its IRS Form 990 filings.

What is Friends of Mchenry County College's EIN?

Friends of Mchenry County College's EIN (Employer Identification Number) is 23-7418071. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

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

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