Mather Foundation serves as the parent entity for the matherorganizations to hold, invest and preserve funds, which allows theorganizations to provide housing, health care, community programs,research and education and other services (continued in schedule o)that enhance the lives of older adults by creating ways to age well.
Key facts about Mather Foundation
In short: Mather Foundation gave $16.4M across 1 grant in 2024 (avg $16.4M), mostly in Illinois. Source: 2024 IRS Form 990.
- EIN
- 20-1030638
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $16,432,284
- Grants made (2024)
- 1
- Average grant
- $16,432,284
- Median grant
- $16,432,284
- Total assets
- $807,575,812
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$807.6M
+10.1% YoY
Annual Giving
$16.4M
-5.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$16.4M
-5.0% YoY
How Mather Foundation gives
- Giving fell 72% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Mather Foundation
Based on IRS filings
Mather Foundation is a public charity focused on Health, based in Evanston, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $807.6M in total assets. In 2024, it awarded 1 grant totaling $16.4M. Net investment income was $36.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $16.4M (2024) to $58.6M (2021). In 2024 it made 1 grant totaling $16.4M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Mather ($16.4M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mather Evanston, IL | Mission Driven Programs | $16,432,284 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $807,575,812 | $733,657,489 | $667,352,452 |
| Revenue | $66,562,780 | $44,153,743 | $45,714,129 |
| Expenses | $23,384,787 | $24,274,710 | $25,172,288 |
| Net Investment Income | $36,058,040 | $25,294,279 | $23,767,746 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Mather Foundation is led by Mary G. Leary, President & CEO on every filing since 2020; none of the 18 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mary G. Leary
President & CEO
On filings since 2020
10 hrs/week
No compensation reported
John R. Phillips
Chairman
Chairman - → Chairman, 2021
On filings since 2020
4 hrs/week
No compensation reported
Gloria Castillo
Director
On filings since 2020
2 hrs/week
No compensation reported
Graham W. Atkinson
Director -
Director → Director -, 2024
On filings since 2020
2 hrs/week
No compensation reported
Jenny Chan
Director
Director - → Director, 2021
On filings since 2020
2 hrs/week
No compensation reported
Michael G. McGee
Director
On filings since 2020
2 hrs/week
No compensation reported
Michelle L. Collins
Director
On filings since 2020
2 hrs/week
No compensation reported
Paulette R. Dodson
Director
On filings since 2020
2 hrs/week
No compensation reported
Scott C. Smith
Director
On filings since 2020
2 hrs/week
No compensation reported
Terence J. Toth
Director
On filings since 2020
2 hrs/week
No compensation reported
Timothy L. Burke
Director
On filings since 2020
2 hrs/week
No compensation reported
Jack Chandler
Director
Director - → Director, 2024
On filings since 2023
2 hrs/week
No compensation reported
Sumati Murli
Director
On filings since 2023
2 hrs/week
No compensation reported
Todd Burns
Director -
New on the 2024 filing
2 hrs/week
No compensation reported
Carol L. Sussenbach
Former CFO
CFO → CFO -, 2023
CFO - → Former CFO, 2024
On filings since 2020
No compensation reported
Christopher Manella
Senior Vice President Finance & Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Julie Riggs
Secretary
On filings since 2020
5 hrs/week
No compensation reported
Mary Schoeggl
CFO
CFO - → CFO, 2024
On filings since 2023
15 hrs/week
No compensation reported
Former officers (5)
- Former: Kevin Shrier (2020–2022) — Director
- Former: Roger E. Lumpp II (2020–2022) — Director -
- Former: Victoria J. Herget (2020–2021) — Director -
- Former: Dian Langenhorst (2020) — Director -
- Former: Mary Louise Gorno (2020) — Director -
Data from IRS Form 990 filings, 2020–2024. "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 Mather Foundation
How much does Mather Foundation give each year?
Mather Foundation gave $16.4M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $17.3M across 1 grant.
How large is Mather Foundation?
Mather Foundation reported $807.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $66.6M.
What is Mather Foundation?
Mather Foundation is a public charity focused on Health, based in Evanston, IL. It holds $807.6M in total assets as of 2024.
Where does Mather Foundation operate?
Mather Foundation has awarded grants in Illinois.
What is Mather Foundation's EIN?
Mather Foundation's EIN (Employer Identification Number) is 20-1030638. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Mather Foundation by hand.
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