Mather Investments NFP
Mather investments, nfp enhances the lives of older adults by creating and operating senior living communities.
Mather Investments NFP at a glance
In short: Mather Investments NFP gave $18.2M across 2 grants in 2024 (avg $9.1M), mostly in Illinois. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $18,168,254
- +43.1% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $9,084,127
- +43.1% vs 2023
- Median grant
- $9,084,127
- Total assets
- $80,748,510
- -42.1% vs 2023
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Mather Investments NFP funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
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
The most common grant size was in the $1–5M range: 4 grants of 8 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Mather Investments NFP gives
- Giving grew 893% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
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.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mather Foundation Evanston, IL | Mission Driven Support | $15,301,079 |
| Mather Evanston, IL | Mission Driven Support | $2,867,175 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $80,748,510 | $74,364,366 | $113,855,175 | $18,168,254 | 2 | $5,360,769 |
| 2023 | $139,372,022 | $48,376,580 | $43,088,634 | $12,694,162 | 2 | $3,201,435 |
| 2022 | $128,881,443 | $36,776,934 | $32,758,458 | $7,564,471 | 2 | $6,376 |
| 2021 | $54,973,565 | $27,896,059 | $29,978,439 | $1,830,136 | 1 | $3,098 |
| 2020 | $40,153,172 | $28,776,469 | $29,340,892 | $1,288,981 | 1 | $10,354 |
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
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
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.
Data update history
(6)
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 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Mather Investments NFP funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Mather Investments NFP's focus areas in our free grants database
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