Illinois Science and Technology
TO ENHANCE AWARENESS AND INCREASE RESOURCES FOR ILLINOIS BASED RESEARCH AND DEVELOPMENT.
Key facts about Illinois Science and Technology
- EIN
- 35-2334171
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $235,898
- Grants made (2024)
- 5
- Average grant
- $47,180
- Median grant
- $64,286
- Total assets
- $903,863
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Illinois Science and Technology funds
By grant dollars, the top recipient states for Illinois Science and Technology's 5 itemized 2024 grants were Illinois (100%). The most frequent recipient cities were Chicago, IL (3 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Innovation Voucher Program" (3 grants).
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$904K
+56.1% YoY
Annual Giving
$236K
Grant Count
5
Avg Grant Size
$47K
About Illinois Science and Technology
Based on IRS filings
Illinois Science and Technology is a nonprofit organization focused on Community Improvement & Capacity Building, based in Chicago, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $904K in total assets. In 2024, it awarded 5 grants totaling $236K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $903,863 | $578,853 | $628,074 |
| Revenue | $460,955 | $451,196 | $282,297 |
| Expenses | $824,701 | $447,041 | $325,933 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-26,041 | $9,460 | $9,954 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Cache Energy Storage Inc ($74,987), Naim Energy Technologies LLC ($74,625), Earnest Agriculture Inc ($64,286).
| Recipient | Purpose | Amount |
|---|---|---|
| CACHE ENERGY STORAGE INC Champaign, IL | INNOVATION VOUCHER PROGRAM | $74,987 |
| NAIM ENERGY TECHNOLOGIES LLC Chicago, IL | INNOVATION VOUCHER PROGRAM | $74,625 |
| EARNEST AGRICULTURE INC Rantoul, IL | INNOVATION VOUCHER PROGRAM | $64,286 |
| CHICAGOLAND CHAMBER OF COMMER Chicago, IL | SPONSORSHIP | $12,000 |
| WORLD BUSINESS CHICAGO Chicago, IL | SPONSOSRHIP | $10,000 |
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 |
|---|---|---|---|
| Bill Payne PhD | Board Chair | 1 | — |
| Temitope Sadiku | Treasurer | 1 | — |
| Laura Frerichs | Director | 1 | — |
| Jos Leboreiro | Director | 1 | — |
| Jess Goode | Director | 1 | — |
| Jerry Blazey | Director | 1 | — |
| Larry Kuhn | Director | 1 | — |
| Kumar Natesaiyer PhD | Director | 1 | — |
| TJ Augustine | Director | 1 | — |
| Jim Bray | Director | 1 | — |
| Bob Greenlee JD | Director | 1 | — |
| Robert Patino JD | Director | 1 | — |
| Azurii Collier PhD | Director | 1 | — |
| Holly Copeland | Director | 1 | — |
| Vivek Mehta | Director | 1 | — |
| Nicole Presperin | Director | 1 | — |
| Somali Tomczak | Director | 1 | — |
| Colleen Wright | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Illinois Science and Technology?
Illinois Science and Technology is a nonprofit organization focused on Community Improvement & Capacity Building, based in Chicago, IL. It holds $904K in total assets as of 2024.
How large is Illinois Science and Technology?
As of 2024, Illinois Science and Technology holds $904K in total assets with $461K in annual revenue. It awarded 5 grants totaling $236K in 2024.
Where does Illinois Science and Technology operate?
Illinois Science and Technology has awarded grants in Illinois.
What size grants does Illinois Science and Technology award?
In 2024, Illinois Science and Technology awarded 5 grants totaling $236K — an average of about $47K per grant, based on its IRS Form 990 filings.
What is Illinois Science and Technology's EIN?
Illinois Science and Technology's EIN (Employer Identification Number) is 35-2334171. IRS Form 990 filing data is available on this page for 2019–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.