Geneseo Foundation logo

Geneseo Foundation

GENESEO, IL EIN: 36-6079604 Website

The Geneseo Foundation is a private foundation established in 1961 in Geneseo, Illinois. Founded through a bequest of one million dollars from George B. Dedrick, the foundation operates as a corporate foundation of Central Bank Illinois with a mission to benefit the Geneseo community and surrounding areas in Illinois.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.4M

-8.4% YoY

Grant Count

49

-15.5% YoY

Avg Grant Size

$29K

+8.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's guiding principle, as stated by founder George B. Dedrick, is: "This trust is created and shall be used exclusively for charitable, civic, benevolent, educational and scientific purposes, and for the help of the unfortunate and the afflicted."

Primary funding areas include:

  • Education & Scholarships – Scholarships for graduates of Geneseo High School (approximately 140 recipients annually) and scholarships for other worthy students (approximately 28 recipients annually)
  • Civic Organizations – Support for civic and community organizations
  • Social Services – Youth, recreation, and human services
  • Community Support – Donations to the Geneseo Community School District for various needs
  • Education, Philanthropy, Voluntarism & Grantmaking

Grantmaking

No specific application procedures are detailed in available sources.

How to Apply

**

Ready to take the next step with Geneseo Foundation?

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Illinois, Iowa, and Virginia, with particular emphasis on Geneseo and surrounding areas in Illinois.

Grant Distribution by State

6states

Cities

ANDOVERATKINSONBETTENDORFBISHOP HILLBLOOMINGTONCAMBRIDGECHICAGOCOLONADAVENPORTGALEDBURGGENESEOINDIANAPOLISKEWANEEMILANMOLINEMONMOUTHPEORIAPRINCETONPROPHETSTOWNRESTON

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2024):

  • Total Assets: $23,968,504–$24,104,840
  • Total Revenues: $1,120,038
  • Total Expenses: $1,682,980
  • Number of Employees: 1

Historical Context:

  • Established: 1961
  • Initial endowment: $1,000,000 (from George B. Dedrick estate)
  • Tax-exempt status: April 1977
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120212022202320242025
Metric202520242023
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$398K$796K$1M$2M52 grants202151 grants202243 grants202358 grants202449 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

COLLEGE SCHOLARSHIPS$269KGENESEO PARK DISTRICT$256KFREEDOM HOUSE$250KINSPIRE CONTINUING CARE$126KHAMMOND HENRY HOSPITAL F…$96KGENESEO CUSD #228$89KGENESEO PUBLIC LIBRARY$41KCITY OF GENESEO$37KABILITIES PLUS INC$33KREBUILDING TOGETHER HENR…$26K

Grant Size Distribution

242 grants across all recorded years

208<$50K17$50–100K11$100–250K5$250–500K1$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Geneseo Foundation

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

CENTRAL BANK OF ILLI…FOUNDATION MANAGER$93K

From 2025 filing

NameTitleHoursCompensation
ANDREW FEHLMANFOUNDATION MANAGER1
BRANDON SIEBENFOUNDATION MANAGER1
BRETT LOHMANFOUNDATION MANAGER1
CENTRAL BANK OF ILLINOISFOUNDATION MANAGER8$93,093
ERIC JOHNSONFOUNDATION MANAGER1
JEFFREY LANGFOUNDATION MANAGER1
JOHN DUBOISFOUNDATION MANAGER1
JOHN T GREENWOODFOUNDATION MANAGER1
MICHAEL GERNANTFOUNDATION MANAGER1
RICK CLARYFOUNDATION MANAGER1
KATIE KUTSINISFOUNDATION MANAGER1

Contact Information

  • Website: geneseofoundation.org
  • Phone: 309-944-5601
  • Address: PO Box 89, Geneseo, IL 61254-0089
  • EIN: 36-6079604

Subject Areas

Focus areas based on grantmaking activity

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

What could you do with Geneseo Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities