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
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
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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
Cities
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
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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 2025
Grant Size Distribution
242 grants across all recorded years
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
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREW FEHLMAN | FOUNDATION MANAGER | 1 | — |
| BRANDON SIEBEN | FOUNDATION MANAGER | 1 | — |
| BRETT LOHMAN | FOUNDATION MANAGER | 1 | — |
| CENTRAL BANK OF ILLINOIS | FOUNDATION MANAGER | 8 | $93,093 |
| ERIC JOHNSON | FOUNDATION MANAGER | 1 | — |
| JEFFREY LANG | FOUNDATION MANAGER | 1 | — |
| JOHN DUBOIS | FOUNDATION MANAGER | 1 | — |
| JOHN T GREENWOOD | FOUNDATION MANAGER | 1 | — |
| MICHAEL GERNANT | FOUNDATION MANAGER | 1 | — |
| RICK CLARY | FOUNDATION MANAGER | 1 | — |
| KATIE KUTSINIS | FOUNDATION MANAGER | 1 | — |
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.
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