Illinois Broadcasters Foundation Inc
Illinois Broadcasters Foundation Inc is a private foundation focused on Education, based in Springfield, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $125.
Key facts about Illinois Broadcasters Foundation Inc
- EIN
- 20-4645330
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $27,700
- Grants made (2024)
- 3
- Average grant
- $9,233
- Median grant
- $1,500
- Total assets
- $5,592
- Primary geography
- New York (90% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Illinois Broadcasters Foundation Inc funds
By grant dollars, the top recipient states for Illinois Broadcasters Foundation Inc's 3 itemized 2024 grants were New York (90%) and Illinois (10%). None of its 3 grants with a stated purpose were described as general or operating support.
How Illinois Broadcasters Foundation Inc gives
- Giving fell 34% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Illinois Broadcasters Foundation Inc
- How to evaluate Illinois Broadcasters Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Illinois Broadcasters Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6K
-48.9% YoY
Annual Giving
$28K
-70.8% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$9K
-70.8% YoY
Under IRS private-foundation payout rules, Illinois Broadcasters Foundation Inc reported a distributable amount of $709 for 2024 — the minimum it must pay out in qualifying distributions.
About Illinois Broadcasters Foundation Inc
Based on IRS filings
Illinois Broadcasters Foundation Inc is a private foundation focused on Education, based in Springfield, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 3 grants totaling $28K. Net investment income was $125.
Focus Areas
Ready to take the next step with Illinois Broadcasters Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,592 | $10,945 | $4,668 |
| Revenue | $125 | $59,725 | $35,019 |
| Expenses | $77,711 | $95,115 | $76,460 |
| Qualifying Distributions | $27,700 | $95,000 | $75,750 |
| Net Investment Income | $125 | $135 | $19 |
| Distributable Amount | $709 | $531 | $678 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Broadcasters Foundation of America ($25,000), DePaul University ($1,500), Illinois Broadcasters Asc MIP ($1,200).
| Recipient | Purpose | Amount |
|---|---|---|
| Broadcasters Foundation of America New York, NY | Support Broadcasters in need through the Angel Initiative | $25,000 |
| DePaul University Chicago, IL | Support the Conference Services Program | $1,500 |
| Illinois Broadcasters Asc MIP Springfield, IL | Support the Capitol News Illinois Program and Camp Broadcast Program. | $1,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John Gehron | Chairman of the Board | 1 | — |
| Drew Horowitz | Secretary / Treasurer | 1 | — |
| Marilyn Kushak | Trustee | 1 | — |
| Bud Walters | Trustee | 1 | — |
| Dennis Lyle | President | 1 | — |
| Sarah Shellhammer | Trustee | 1 | — |
| Jerry Schnacke | Trustee | 1 | — |
| Steve Wheeler | Trustee | 1 | — |
| Dana Withers | Trustee | 1 | — |
| Marty Wilke | Trustee | 1 | — |
| Carlos Fernandez | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Illinois Broadcasters Foundation Inc?
Illinois Broadcasters Foundation Inc is a private foundation focused on Education, based in Springfield, IL. It holds $6K in total assets as of 2024.
How large is Illinois Broadcasters Foundation Inc?
As of 2024, Illinois Broadcasters Foundation Inc holds $6K in total assets with $125 in annual revenue. It awarded 3 grants totaling $28K in 2024.
Where does Illinois Broadcasters Foundation Inc operate?
Illinois Broadcasters Foundation Inc has awarded grants in Illinois, New York.
What size grants does Illinois Broadcasters Foundation Inc award?
In 2024, Illinois Broadcasters Foundation Inc awarded 3 grants totaling $28K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Illinois Broadcasters Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Illinois Broadcasters Foundation Inc reported a distributable amount of $709 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Illinois Broadcasters Foundation Inc's EIN?
Illinois Broadcasters Foundation Inc's EIN (Employer Identification Number) is 20-4645330. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Illinois Broadcasters Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Robert R McCormick Foundation
Chicago, IL
Assets
$1.8B
Grants
255
Total Given
$106.1M
The Lindsay Family Foundation
Quincy, IL
Assets
$447K
Grants
5
Total Given
$50K
The Morey Family Foundation Inc
Naples, FL
Assets
$3.3M
Grants
12
Total Given
$145K
Boyle Family Foundation
Chicago, IL
Assets
—
Grants
51
Total Given
$1.1M
Dr Scholl Foundation
Northbrook, IL
Assets
—
Grants
410
Total Given
$8.9M
Gerald and Olivia Shapiro Family
Boca Raton, FL
Assets
$5.5M
Grants
18
Total Given
$460K
O'Brion Frank Trust Uw
Brooklyn, OH
Assets
—
Grants
5
Total Given
$43K
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Arthur J Gallagher Foundation
Rolling Meadows, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
Northbrook, IL
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
Assets
$885.0M
Grants
1,485
Total Given
$31.9M
Baxter International Foundation
Deerfield, IL
Assets
$67.5M
Grants
1,300
Total Given
$13.7M
More Funders in Illinois
Data last updated September 2026. Sourced from IRS Form 990-PF filings.