Monticello College Foundation
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
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.
Ready to take the next step with Monticello College Foundation?
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
Cities
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%
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2025
Grant Size Distribution
152 grants across all recorded years
Open Grants
1 open opportunity from Monticello College Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA SHANSEY | EXECUTIVE DI | — | $30,375 |
| CHRISTOPHER A KREID | CHAIRMAN | — | — |
| DIANNE P SAUL | SECRETARY | — | — |
| GEORGE S MILNOR II | TREASURER | — | — |
| SARA L ANSCHUETZ | ASST TREASUR | — | — |
| KARL K HOAGLAND JR | BOARD MEMBER | — | — |
| JANET BIERMANN | BOARD MEMBER | — | — |
| JENNY LEVIS SADOW | BOARD MEMBER | — | — |
| MARY ANSCHUETZ VOGT | BOARD MEMBER | — | — |
| JULIE JONES WILLIAMS | BOARD MEMBER | — | — |
| LINDA NEVLIN | BOARD MEMBER | — | — |
| ELIZABETH BRKICH | BOARD MEMBER | — | — |
| ROBIN LEVIS | BOARD MEMBER | — | — |
| BONNIE NORMAN | BOARD MEMBER | — | — |
| SALLY MILNOR ZYFERS | BOARD MEMBER | — | — |
| ELISABETH HOAGLAND BERRIDGE | BOARD MEMBER | — | — |
Contact Information
Address: 5800 Godfrey Road Godfrey, IL 62035
Phone: 618-467-2370 or 618-468-2370
Website: monticellofound.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Monticello College Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities