IAAP Education Foundation
IAAP Education Foundation is a private foundation, based in SPRINGFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $83K in total assets. In 2024, it awarded 7 grants totaling $16K. Net investment income was $477.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$83K
-9.9% YoY
Annual Giving
$16K
+40.9% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$2K
+0.6% YoY
Under IRS private-foundation payout rules, IAAP Education Foundation reported a distributable amount of $718 for 2024 — the minimum it must pay out in qualifying distributions.
About IAAP Education Foundation
Based on IRS filings
IAAP Education Foundation is a private foundation, based in SPRINGFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $83K in total assets. In 2024, it awarded 7 grants totaling $16K. Net investment income was $477.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $83,216 | $92,342 | $96,184 |
| Revenue | $6,443 | $7,195 | $877 |
| Expenses | $15,569 | $11,037 | $13,030 |
| Qualifying Distributions | $15,500 | $11,000 | $13,000 |
| Net Investment Income | $477 | $1,157 | $877 |
| Distributable Amount | $718 | $2,013 | $4,775 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
24 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include German Laiton Hernandez - Illinois ($3,000), Ruby Garey - Illinois State Univers ($2,500), Hannah McKoon - Augustana College ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| German Laiton Hernandez - Illinois Chicago, IL | Scholarship | $3,000 |
| Hannah McKoon - Augustana College Rock Island, IL | Scholarship | $2,000 |
| Michael Giaimo - Northern Illinois Dekalb, IL | Scholarship | $2,000 |
| Katie Bottom - VA Polytechnic Insti Blacksburg, VA | Scholarship | $2,000 |
| Ruby Garey - Illinois State Univers Normal, IL | Scholarship | $2,500 |
| Lydia Howard - Eastern Illinois Uni Charleston, IL | Scholarship | $2,000 |
| Farren Ackerman - Illinois State Un Normal, IL | Scholarship | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jack Keeler | Chair | 1 | — |
| Dan Eichholz | Secretary/Treasurer | 1 | — |
| Anne Cramer | Vice-Chair | 1 | — |
| Dan Larson | Vice-Chair | 1 | — |
| Hugh Gallivan | Director | 1 | — |
| Alan Shoemaker | Director | 1 | — |
Frequently Asked Questions
How large is IAAP Education Foundation?
As of 2024, IAAP Education Foundation holds $83K in total assets with $6K in annual revenue. It awarded 7 grants totaling $16K in 2024.
Where does IAAP Education Foundation operate?
IAAP Education Foundation has awarded grants in Illinois, Michigan, Virginia, Wisconsin.
What size grants does IAAP Education Foundation award?
In 2024, IAAP Education Foundation awarded 7 grants totaling $16K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is IAAP Education Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, IAAP Education Foundation reported a distributable amount of $718 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is IAAP Education Foundation's EIN?
IAAP Education Foundation's EIN (Employer Identification Number) is 37-1398736. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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