Illinois Soybean Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in BLOOMINGTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it made $2K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$32K
-7.8% YoY
Revenue
—
-100.0% YoY
Qualifying Distributions
$2K
Expenses
$4K
+390.1% YoY
Under IRS private-foundation payout rules, Illinois Soybean Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Illinois Soybean Foundation
Based on IRS filings
Illinois Soybean Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in BLOOMINGTON, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it made $2K in qualifying distributions.
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 | $32,256 | $34,997 | $15,814 |
| Revenue | — | $20,000 | $25,000 |
| Expenses | $4,004 | $817 | $46,559 |
| Qualifying Distributions | $1,932 | — | $44,500 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,656 | $1,251 | $1,310 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BETSEY EMERICK | DIRECTOR | 1 | — |
| BRAD DAUGHERTY | VICE CHAIRMAN | 1 | — |
| BRADY HOLST | DIRECTOR | 1 | — |
| BRIAN ATTEBERRY | DIRECTOR | 1 | — |
| BROCK WILLARD | DIRECTOR | 1 | — |
| BRYAN SEVERS | DIRECTOR | 1 | — |
| BUCK HILL | DIRECTOR | 1 | — |
| DAVID NIEKAMP | DIRECTOR | 1 | — |
| DAVID WESSEL | ASST. TREASURER/SECRETARY | 1 | — |
| DWAYNE ANDERSON | SECRETARY | 1 | — |
| ELLIOTT UPHOFF | DIRECTOR | 1 | — |
| HEATH HOUCK | DIRECTOR | 1 | — |
| JAMES MARTIN | DIRECTOR | 1 | — |
| JEFF O'CONNER | DIRECTOR | 1 | — |
| JEFF PARKER | DIRECTOR | 1 | — |
| JOHN LUMPE | CHIEF EXECUTIVE OFFICER | 1 | — |
| KATI OWEN | DIRECTOR OF FINANCE | 1 | — |
| MARK READ | DIRECTOR | 1 | — |
| MATT MURRAY | DIRECTOR | 1 | — |
| EMILY LOVELADY | DIRECTOR | 1 | — |
| RICK RUBENACKER | DIRECTOR | 1 | — |
| RON KINDRED | CHAIRMAN | 1 | — |
| RYAN FRIEDERS | DIRECTOR | 1 | — |
| SCOTT GAFFNER | DIRECTOR | 1 | — |
| STEVE PITSTICK | DIRECTOR | 1 | — |
| TIM SCATES | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Illinois Soybean Foundation?
Illinois Soybean Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in BLOOMINGTON, IL. It holds $32K in total assets as of 2024.
How large is Illinois Soybean Foundation?
As of 2024, Illinois Soybean Foundation holds $32K in total assets.
Where does Illinois Soybean Foundation operate?
Illinois Soybean Foundation has awarded grants in Illinois.
How much is Illinois Soybean Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Illinois Soybean Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Illinois Soybean Foundation's EIN?
Illinois Soybean Foundation's EIN (Employer Identification Number) is 85-3318788. 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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