Mather Investments NFP logo

Mather Investments NFP

Public charity · Grantmaker Evanston, IL EIN: 36-4266878 Website

Mather investments, nfp enhances the lives of older adults by creating and operating senior living communities.

Key facts about Mather Investments NFP

In short: Mather Investments NFP gave $18.2M across 2 grants in 2024 (avg $9.1M), mostly in Illinois. Source: 2024 IRS Form 990.

EIN
36-4266878
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$18,168,254
Grants made (2024)
2
Average grant
$9,084,127
Median grant
$9,084,127
Total assets
$80,748,510
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

$80.7M

-42.1% YoY

Annual Giving

$18.2M

+43.1% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$9.1M

+43.1% YoY

How Mather Investments NFP gives

  • Giving grew 893% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Mather Investments NFP

Based on IRS filings

Mather Investments NFP is a public charity focused on Human Services, based in Evanston, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $80.7M in total assets. In 2024, it awarded 2 grants totaling $18.2M. Net investment income was $5.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

Evanston

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M1 grant2020 1 grant2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $18.2M (2024). In 2024 it made 2 grants totaling $18.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Mather Foundation: $15.3MMather Foundation$15.3MMather: $2.9MMather$2.9M

The largest 2024 recipient was Mather Foundation ($15.3M). Together the top 2 received $18.2M.

Grant Size Distribution

8 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M4$1–5M4$5M+

The most common grant size was in the $1–5M range: 4 grants of 8 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mather Foundation Evanston, ILMission Driven Support$15,301,079
Mather Evanston, ILMission Driven Support$2,867,175

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50M$100M$150M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$80,748,510$139,372,022$128,881,443
Revenue$74,364,366$48,376,580$36,776,934
Expenses$113,855,175$43,088,634$32,758,458
Net Investment Income$5,360,769$3,201,435$6,376

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Mather Investments NFP is led by Mary G. Leary, President & CEO on every filing since 2020; 5 of 12 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Mary G. Leary

    President & CEO

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • John R. Phillips

    Chairman

    Chairman - → Chairman, 2021

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Kristina Pare

    Director of Sales

    On filings since 2022

    50 hrs/week

    $172K (2022) → $280K (2024)

  • Jenny Chan

    Director

    New on the 2024 filing

    0.1 hrs/week

    No compensation reported

  • Beth Benswanger

    Design & Move-In Coordinator

    Design & Move in Coordinator → Design & Move-In Coordinator, 2024

    On filings since 2022

    50 hrs/week

    $172K (2022) → $162K (2024)

  • Maria Parham

    Care Center Administrator

    On filings since 2023

    50 hrs/week

    $146K (2023) → $159K (2024)

  • Peter Muhlbach

    General Manager

    New on the 2024 filing

    50 hrs/week

    $260K (2024)

  • Rajesh Radke

    General Manager

    New on the 2024 filing

    50 hrs/week

    $341K (2024)

  • Carol L. Sussenbach

    Former CFO & Treasurer

    CFO & Treasurer → CFO & Treasurer -, 2023

    CFO & Treasurer - → Former CFO & Treasurer, 2024

    On filings since 2020

    No compensation reported

  • Julie Riggs

    Secretary

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Christopher Manella

    Senior Vice President Finance & Treasurer

    On filings since 2023

    0.1 hrs/week

    No compensation reported

  • Mary Schoeggl

    CFO

    CFO - → CFO, 2024

    On filings since 2023

    0.1 hrs/week

    No compensation reported

Former officers (9)
  • Former: James Edwartoski (2020–2023) — Executive Director -
  • Former: Masood Shirmahammadi (2020–2023) — Executive Chef
  • Former: Terence J. Toth (2020–2023) — Director
  • Former: Yvonne Jung (2023) — Senior Vice President Hr
  • Former: Laura Barnett (2020–2022) — Director of Human Resources
  • Former: Jennifer Pruitt (2020–2021) — Life Center Administrator
  • Former: Joan Mayer (2020–2021) — Director of Resident Services
  • Former: Roger E. Lumpp II (2020) — Chairman -
  • Former: Victoria J. Herget (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.

Compensation Overview

From 2024 IRS filing

Rajesh Radke — General Manager: $341KRajesh RadkeGeneral Manager$341KKristina Pare — Director of Sales: $280KKristina PareDirector of Sales$280KPeter Muhlbach — General Manager: $260KPeter MuhlbachGeneral Manager$260KBeth Benswanger — Design & Move-In Coordinator: $162KBeth BenswangerDesign & Move-In Coordinator$162KMaria Parham — Care Center Administrator: $159KMaria ParhamCare Center Administrator$159K

The highest reported compensation on the 2024 filing was $341K, to Rajesh Radke (General Manager). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Mather Investments NFP

How much does Mather Investments NFP give each year?

Mather Investments NFP gave $18.2M across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $12.7M across 2 grants.

How large is Mather Investments NFP?

Mather Investments NFP reported $80.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $74.4M.

What is Mather Investments NFP?

Mather Investments NFP is a public charity focused on Human Services, based in Evanston, IL. It holds $80.7M in total assets as of 2024.

Where does Mather Investments NFP operate?

Mather Investments NFP has awarded grants in Illinois.

What is Mather Investments NFP's EIN?

Mather Investments NFP's EIN (Employer Identification Number) is 36-4266878. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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