Herb Coleman Education Fund is a private foundation focused on Education, based in JERSEYVILLE, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 16 grants totaling $81K. Net investment income was $142K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
+20.9% YoY
Annual Giving
$81K
Grant Count
16
Avg Grant Size
$5K
Under IRS private-foundation payout rules, Herb Coleman Education Fund reported a distributable amount of $165K for 2024 — the minimum it must pay out in qualifying distributions.
About Herb Coleman Education Fund
Based on IRS filings
Herb Coleman Education Fund is a private foundation focused on Education, based in JERSEYVILLE, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 16 grants totaling $81K. Net investment income was $142K.
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 | 2024 | 2023 |
|---|---|---|
| Total Assets | $3,020,227 | $2,498,658 |
| Revenue | $167,492 | $48,626 |
| Expenses | $97,154 | — |
| Qualifying Distributions | $81,230 | $2,450,032 |
| Net Investment Income | $142,108 | $46,953 |
| Distributable Amount | $165,375 | $124,425 |
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 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Skylar Crull ($19,733), Kate Heitzig ($6,000), Caleb Fraley ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| KATE HEITZIG JERSEYVILLE, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $6,000 |
| MATTHEW VANALLMAN DOW, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $3,775 |
| FRANCIS VOGEL JERSEYVILLE, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $2,222 |
| CALEB FRALEY JERSEYVILLE, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $6,000 |
| LUKE FINK PIASA, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $1,500 |
| SKYLAR CRULL GRAFTON, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $19,733 |
| DRAKE SMITH GRAFTON, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $6,000 |
| OWEN HEITZIG JERSEYVILLE, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $6,000 |
| KAEDEN HUTCHENS JERSEYVILLE, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $6,000 |
| TYLER WALLACE JERSEYVILLE, IL | FURTHERING EDUCATION / SCHOLARSHIP AWARD | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS LESLIE | TRUSTEE | 1 | — |
| BRAD TUTTLE | TRUSTEE | 1 | — |
| MARK SCHAEFER | SECRETARY | 1 | — |
| MARK BOONE | TREASURER | 1 | — |
| ALLEN SNYDER | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Herb Coleman Education Fund?
Herb Coleman Education Fund is a private foundation focused on Education, based in JERSEYVILLE, IL. It holds $3.0M in total assets as of 2024.
How large is Herb Coleman Education Fund?
As of 2024, Herb Coleman Education Fund holds $3.0M in total assets with $167K in annual revenue. It awarded 16 grants totaling $81K in 2024.
Where does Herb Coleman Education Fund operate?
Herb Coleman Education Fund has awarded grants in Illinois.
What size grants does Herb Coleman Education Fund award?
In 2024, Herb Coleman Education Fund awarded 16 grants totaling $81K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Herb Coleman Education Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Herb Coleman Education Fund reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Herb Coleman Education Fund's EIN?
Herb Coleman Education Fund's EIN (Employer Identification Number) is 84-4132565. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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