Funks Grove Foundation

Foundation · Grantmaker Clayton, MO EIN: 37-6162032

Funks Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Clayton, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grant totaling $48K.

Key facts about Funks Grove Foundation

EIN
37-6162032
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$48,462
Grants made (2024)
1
Average grant
$48,462
Median grant
$48,462
Total assets
$1,225,076
Primary geography
Illinois (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Funks Grove Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-12.7% YoY

Annual Giving

$48K

+1.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$48K

+1.8% YoY

Under IRS private-foundation payout rules, Funks Grove Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Funks Grove Foundation

Based on IRS filings

Funks Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Clayton, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 1 grant totaling $48K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

McleanNormal

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$115K$230K$345K$461K20202021202220232024
Metric202420232022
Total Assets$1,225,076$1,403,554$1,333,540
Revenue$123,703$418,686$409,374
Expenses$302,180$348,673$353,246
Qualifying Distributions$54,462$54,562$64,886
Net Investment Income—$126,390$121,890
Distributable Amount$60,986$55,432$58,878

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$13K$27K$40K$54K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Parklands Foundation: $48KParklands Foundation$48K

Grant Size Distribution

5 grants across all recorded years

4<$50K1$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 Parklands Foundation ($48,462).

RecipientPurposeAmount
PARKLANDS FOUNDATION Normal, ILGENERAL OPERATIONS$48,462

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Commerce Trust — Trustee: $30KCommerce TrustTrustee$30K

From 2024 IRS filing

NameTitleHoursCompensation
Commerce TrustTrustee1$29,999
Commerce TrustTax Preparation0.25—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Funks Grove Foundation?

Funks Grove Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Clayton, MO. It holds $1.2M in total assets as of 2024.

How large is Funks Grove Foundation?

As of 2024, Funks Grove Foundation holds $1.2M in total assets with $124K in annual revenue. It awarded 1 grant totaling $48K in 2024.

Where does Funks Grove Foundation operate?

Funks Grove Foundation has awarded grants in Illinois.

What size grants does Funks Grove Foundation award?

In 2024, Funks Grove Foundation awarded 1 grant totaling $48K — an average of about $48K per grant, based on its IRS Form 990 filings.

How much is Funks Grove Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Funks Grove Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Funks Grove Foundation's EIN?

Funks Grove Foundation's EIN (Employer Identification Number) is 37-6162032. IRS Form 990 filing data is available on this page for 2020–2024.

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

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