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.
Financial Overview
From 2024 IRS Form 990-PF · 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
About Mather Foundation
Based on IRS filings
Mather Foundation is a nonprofit organization 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 grants 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
States
Cities
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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $36,058,040 | $25,294,279 | $23,767,746 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY G LEARY | PRESIDENT & CEO | 10 | — |
| JOHN R PHILLIPS | CHAIRMAN | 4 | — |
| GRAHAM W ATKINSON | DIRECTOR - THRU 03/2024 | 2 | — |
| TIMOTHY L BURKE | DIRECTOR | 2 | — |
| TODD BURNS | DIRECTOR - AS OF 08/2024 | 2 | — |
| GLORIA CASTILLO | DIRECTOR | 2 | — |
| JENNY CHAN | DIRECTOR | 2 | — |
| JACK CHANDLER | DIRECTOR | 2 | — |
| MICHELLE L COLLINS | DIRECTOR | 2 | — |
| PAULETTE R DODSON | DIRECTOR | 2 | — |
| MICHAEL G MCGEE | DIRECTOR | 2 | — |
| SUMATI MURLI | DIRECTOR | 2 | — |
| SCOTT C SMITH | DIRECTOR | 2 | — |
| TERENCE J TOTH | DIRECTOR | 2 | — |
| CHRISTOPHER MANELLA | SVP FINANCE & TREASURER | 2 | — |
| JULIE RIGGS | SECRETARY | 5 | — |
| MARY SCHOEGGL | CFO | 15 | — |
| CAROL L SUSSENBACH | FORMER CFO | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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