PRIMARY PURPOSE IS TO FUND SCHOLARSHIPS AND SUPPORT CURRICULUM AND TRAINING PROGRAMS FOR PERSONS INTERESTED IN A CAREER IN THE FOODSERVICE INDUSTRY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
+3.1% YoY
Annual Giving
$164K
Grant Count
13
Avg Grant Size
$13K
About Ifma Educational Foundation
Based on IRS filings
Ifma Educational Foundation is a nonprofit organization focused on Food, Agriculture & Nutrition, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 13 grants totaling $164K. 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 | 2022 |
|---|---|---|---|
| Total Assets | $1,732,868 | $1,680,499 | $1,869,167 |
| Revenue | $498,756 | $544,486 | $481,885 |
| Expenses | $636,991 | $475,585 | $509,960 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $141,934 | $144,541 | — |
| 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 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PHILLIP KAFARAKIS | PRESIDENT & CEO | 1 | — |
| GREG COCCHIARELLA | TRUSTEE | 0.3 | — |
| HERB RING | TRUSTEE | 0.3 | — |
| HUGH ROTH | TRUSTEE | 0.3 | — |
| TERI TRULLINGER | TRUSTEE | 0.3 | — |
| TIM WAYNE | TRUSTEE | 0.3 | — |
| JENNIFER TARULIS | CHIEF FINANCIAL OFFICER | 1 | — |
| STEFANEE BOLAND | EXECUTIVE DIRECTOR (AS OF 02/2024) | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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