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Monticello College Foundation

GODFREY, IL EIN: 37-0681538 Website

The Monticello College Foundation is a private foundation based in Godfrey, Illinois, dedicated to furthering women's education. Incorporated in 1843 as Monticello College and reorganized as a foundation in 1971, the organization carries forward the legacy of Captain Benjamin Godfrey, who established Monticello Female Seminary in 1838 to provide educational opportunities for women.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$575K

-20.1% YoY

Grant Count

36

+16.1% YoY

Avg Grant Size

$16K

-31.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to support programs that assist in advancing education for women. Primary funding focus areas include:

  • Education — particularly scholarships and educational programs for women
  • Arts, Culture & Humanities
  • Professional Societies & Associations
  • Women's empowerment and advancement
  • STEM education and women in science research

Grantmaking

The foundation actively awards grants with the following characteristics:

Grant Range

** $1,000 to $223,678, with a median grant amount of $15,000 and average awards around $18,000–$27,500 depending on program type.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Illinois, Missouri, and Wisconsin, with preference for Midwestern U.S. institutions.

Grant Distribution by State

9states
+1 more states

Cities

ANGOLAAPPLETONBELOITCARLINVILLECHICAGODECORAHDUBUQUEEAST ST LOUISEUREKAGLENVIEWGODFREYGRAND RAPIDSHASTINGSHILLSDALEINTERPOCHENJACKSONVILLEKAMPSVILLELEMOYNENEVADAPEORIA

Financial History

Multi-year comparison from IRS filings

As of Most Recent Filing (2025):

  • Total Assets: $11,592,375
  • Total Giving: $574,952
  • Total Revenue: $773,181
  • Total Expenses: $684,053
  • Giving Rate: 6.5%
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120212022202320242025
Metric202520242023
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$180K$360K$539K$719K26 grants202129 grants202230 grants202331 grants202436 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

LEWIS & CLARK COMMUNITY …$74KWASHINGTON UNIVERSITY$55KWASHINGTON UNIVERSITY$45KILLINOIS COLLEGE$35KNEWBERRY LIBRARY$30KCENTER FOR AMERICAN ARCH…$30KWEBSTER UNIVERSITY$25KPEORIA PLAYHOUSE CHILDRE…$25KALICE LLOYD COLLEGE$20KVINCENT GRAY ACADEMY$20K

Grant Size Distribution

152 grants across all recorded years

143<$50K3$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Monticello College Foundation

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Lewis & Clark Community College ($74,392), Washington University ($55,463), Washington University ($45,085).

RecipientPurposeAmount
ALICE LLOYD COLLEGE PIPPA PASSES, KYWORKSHOPS FOR WOMEN$20,140
BELOIT COLLEGE BELOIT, WISCIENCE SCHOLARSHIPS$13,864
BELOIT COLLEGE BELOIT, WISCIENCE SCHOLARSHIPS$1,136
BLACKBURN COLLEGE CARLINVILLE, ILSCHOLARSHIPS/LEADERSHIP AWARDS$19,949
BLACKBURN COLLEGE CARLINVILLE, ILSCHOLARSHIPS/LEADERSHIP AWARDS$51
CENTER FOR AMERICAN ARCHEOLOGY KAMPSVILLE, ILWOMEN IN ARCHEOLOGY INTERNS$30,000
CORNERSTONE UNIVERSITY GRAND RAPIDS, MISINGLE MOTHER SCHOLARSHIPS$18,378
HASTINGS COLLEGE HASTINGS, NETEACHER EDUCATION SCHOLASRHIPS$9,970
HASTINGS COLLEGE HASTINGS, NETEACHER EDUCATION SCHOLARSHIPS$30
HEAR SCHOLARSHIP FOUNDATION WILMETTE, ILSCHOLARSHIPS FOR CONTINUING ED$6,500

Leadership & Key People

Leadership team and compensation from IRS filings

Executive Director:

  • Laura Shansey (30 hours/week, $27,000 compensation)

Board Members:

  • Christopher A. Kreid, Chairman
  • Dianne P. Saul, Secretary
  • George S. Milnor II, Treasurer
  • Sara L. Anschuetz, Assistant Treasurer
  • Karl K. Hoagland Jr.
  • Janet Biermann
  • Sarah Hoagland
  • Jenny Levis Sadow
  • Mary Anschuetz Vogt
  • Julie Jones Williams

Compensation Overview

From 2025 IRS filing

LAURA SHANSEYEXECUTIVE DI$30K

From 2025 filing

NameTitleHoursCompensation
LAURA SHANSEYEXECUTIVE DI$30,375
CHRISTOPHER A KREIDCHAIRMAN
DIANNE P SAULSECRETARY
GEORGE S MILNOR IITREASURER
SARA L ANSCHUETZASST TREASUR
KARL K HOAGLAND JRBOARD MEMBER
JANET BIERMANNBOARD MEMBER
JENNY LEVIS SADOWBOARD MEMBER
MARY ANSCHUETZ VOGTBOARD MEMBER
JULIE JONES WILLIAMSBOARD MEMBER
LINDA NEVLINBOARD MEMBER
ELIZABETH BRKICHBOARD MEMBER
ROBIN LEVISBOARD MEMBER
BONNIE NORMANBOARD MEMBER
SALLY MILNOR ZYFERSBOARD MEMBER
ELISABETH HOAGLAND BERRIDGEBOARD MEMBER

Contact Information

Address: 5800 Godfrey Road Godfrey, IL 62035

Phone: 618-467-2370 or 618-468-2370

Website: monticellofound.org

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Monticello College Foundation fund?

The foundation's mission is to support programs that assist in advancing education for women. Primary funding focus areas include: • **Education** — particularly scholarships and educational programs for women • **Arts, Culture & Humanities** • **Professional Societies & Associations** • **Women's empowerment and advancement** • **STEM education and women in science research**

How do I apply for a grant from Monticello College Foundation?

The foundation actively awards grants with the following characteristics: **Grant Range:** $1,000 to $223,678, with a median grant amount of $15,000 and average awards around $18,000–$27,500 depending on program type. **Grant Programs Include:** • Scholarships for Women • Women in Archeology Interns • Women in Science Research • Workshops for Women **Recent Grant Activity:** The foundation awarded approximately 39 grants totaling $736,672 in recent fiscal years. Notable recent grants include: •…

Where does Monticello College Foundation make grants?

The foundation primarily funds organizations in Illinois, Missouri, and Wisconsin, with preference for Midwestern U.S. institutions.

What size grants does Monticello College Foundation award?

In 2025, Monticello College Foundation awarded 36 grants totaling $575K — an average of about $16K per grant, based on its IRS Form 990 filings.

What is Monticello College Foundation's EIN?

Monticello College Foundation's EIN (Employer Identification Number) is 37-0681538. IRS Form 990 filing data is available on this page for 2021–2025.

Explore Open Grants

Browse active grant opportunities in Monticello College Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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