Illinois Science and Technology Institute
The institute will advance science and technology through the education of Illinois residents, the provision of grants to institutions and organizations for scientific research in the areas of science and technology, and by providing educational resources for entrepreneurism, technology transfer, and other education initiatives that support economic development through science and technology in the state of Illinois.
Illinois Science and Technology Institute at a glance
In short: Illinois Science and Technology Institute gave $87K across 1 grant in 2025 (avg $87K), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $86,708
- Grants made (2025)
- 1
- Average grant
- $86,708
- Median grant
- $86,708
- Total assets
- $476,247
- +21.2% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Illinois Science and Technology Institute funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was IL Science and Tech Coalition ($87K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 1 grant of 4 (25%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Illinois Science and Technology Institute gives
- Giving fell 95% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $37K (2023) to $1.7M (2022). In 2025 it made 1 grant totaling $87K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| IL Science and Tech Coalition Chicago, IL | Donation | $86,708 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $476,247 | $802,946 | $809,689 | $86,708 | 1 | $273 |
| 2024 | $392,935 | $747,358 | $739,018 | — | — | $2,902 |
| 2023 | $717,214 | $588,527 | $796,713 | $37,344 | 1 | $255 |
| 2022 | $942,810 | $2,643,104 | $2,385,619 | $1,719,525 | 2 | $93 |
| 2021 | $982,665 | $533,028 | $546,724 | — | — | $191 |
| 2020 | $816,006 | $985,901 | $748,629 | — | — | $383 |
| 2019 | $708,323 | $961,235 | $863,194 | — | — | $289 |
About Illinois Science and Technology Institute
Based on IRS filings
Illinois Science and Technology Institute is a public charity focused on Human Services, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $476K in total assets. In 2025, it awarded 1 grant totaling $87K. Net investment income was $273.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Illinois Science and Technology Institute is led by Bill Payne PhD, Chair since 2023 (on filings since 2021); none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bill Payne PhD
Chair
Director → Secretary, 2022
Secretary → Chair, 2023
On filings since 2021
1 hr/week
No compensation reported
Jerry Blazey
Director
Treasurer → Director, 2020
On filings since 2019
1 hr/week
No compensation reported
Bob Greenlee JD
Director
On filings since 2020
1 hr/week
No compensation reported
Jim Bray
Director
On filings since 2020
1 hr/week
No compensation reported
Larry Kuhn
Director
On filings since 2020
1 hr/week
No compensation reported
Laura Frerichs
Director
Director → Chair, 2021
Chair → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
TJ Augustine
Director
On filings since 2020
1 hr/week
No compensation reported
Jess Goode
Director
On filings since 2021
1 hr/week
No compensation reported
Jos Leboreiro
Director
On filings since 2021
1 hr/week
No compensation reported
Kumar Natesaiyer PhD
Director
On filings since 2021
1 hr/week
No compensation reported
Robert Patino JD
Director
On filings since 2021
1 hr/week
No compensation reported
Colleen Wright
Director
On filings since 2023
1 hr/week
No compensation reported
Holly Copeland
Director
On filings since 2023
1 hr/week
No compensation reported
Nicole Presperin
Director
On filings since 2023
1 hr/week
No compensation reported
Somali Tomczak
Director
On filings since 2023
1 hr/week
No compensation reported
Vivek Mehta
Director
On filings since 2023
1 hr/week
No compensation reported
Temitope Sadiku
Treasurer
Director → Treasurer, 2024
On filings since 2021
1 hr/week
No compensation reported
Azurii Collier PhD
Secretary
Director → Secretary, 2024
On filings since 2023
1 hr/week
No compensation reported
Former officers (14)
- Former: Jose Leboreiro Hernandez (2023) — Director
- Former: Rob Patino (2023) — Director
- Former: Tope Sadiku (2023) — Secretary
- Former: Yvonne Harris (2023) — Director
- Former: James Gillespie (2021–2022) — Vice Chair
- Former: Laura Apenzeller (2022) — Chair
- Former: Geoff Curtis (2019–2021) — Director
- Former: Cathy Vorwald (2020) — Director
- Former: Emad Isaac (2020) — Director
- Former: Emily Cooper (2020) — Secretary
- Former: Fred Hickernell (2020) — Director
- Former: Paul Bloom (2020) — Director
- Former: Srinivas Veeramasuneni (2020) — Director
- Former: Mark Harris (2019) — CEO
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Illinois Science and Technology Institute
How much does Illinois Science and Technology Institute give each year?
Illinois Science and Technology Institute gave $87K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Illinois Science and Technology Institute?
Illinois Science and Technology Institute reported $476K in total assets on its 2025 IRS Form 990. Its revenue that year was $803K.
What is Illinois Science and Technology Institute?
Illinois Science and Technology Institute is a public charity focused on Human Services, based in Chicago, IL. It holds $476K in total assets as of 2025.
Where does Illinois Science and Technology Institute operate?
Illinois Science and Technology Institute has awarded grants in Illinois, New York, Ohio, Washington.
What is Illinois Science and Technology Institute's EIN?
Illinois Science and Technology Institute's EIN (Employer Identification Number) is 45-4092094. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS January 2, 2024)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS December 23, 2021)
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Browse active grant opportunities in Illinois Science and Technology Institute's focus areas in our free grants database
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