Olivet Nazarene University Foundation
Receive, administer, and expend funds for religious, educational, charitable, and scientific purposes in connection with promoting and assisting the educational services of olivet nazarene university.
Olivet Nazarene University Foundation at a glance
In short: Olivet Nazarene University Foundation gave $2.5M across 1 grant in 2025 (avg $2.5M), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,474,202
- -0.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,474,202
- -0.9% vs 2024
- Median grant
- $2,474,202
- Total assets
- $202,009,992
- +4.8% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Olivet Nazarene University Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Olivet Nazarene University ($2.5M).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $2.5M (2025) to $2.5M (2024). In 2025 it made 1 grant totaling $2.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Olivet Nazarene University Bourbonnais, IL | Organizational Support and Scholarships | $2,474,202 |
Ready to take the next step with Olivet Nazarene University Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $202,009,992 | $12,543,110 | $6,072,632 | $2,474,202 | 1 | $4,066,123 |
| 2024 | $192,802,068 | $9,210,481 | $6,360,038 | $2,497,124 | 1 | $1,640,449 |
| 2023 | $193,042,077 | $8,245,158 | $6,071,171 | — | — | $4,520,361 |
| 2022 | $189,458,744 | $9,125,280 | $5,902,820 | — | — | $5,808,097 |
| 2021 | $194,874,397 | $10,459,416 | $5,679,597 | — | — | $6,178,211 |
About Olivet Nazarene University Foundation
Based on IRS filings
Olivet Nazarene University Foundation is a public charity focused on Education, based in Bourbonnais, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $202.0M in total assets. In 2025, it awarded 1 grant totaling $2.5M. Net investment income was $4.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Olivet Nazarene University Foundation is led by Gregg Chenoweth, President on every filing since 2021; none of the 27 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gregg Chenoweth
President
On filings since 2021
5 hrs/week
No compensation reported
Woody Webb
Executive Director
Vice President → Executive Director, 2024
On filings since 2021
5 hrs/week
No compensation reported
Mel Sayes
Chairman
On filings since 2021
1 hr/week
No compensation reported
Christopher Shride
Director
On filings since 2021
1 hr/week
No compensation reported
David McCool
Director
On filings since 2021
1 hr/week
No compensation reported
George Kalemkarian
Director
On filings since 2021
1 hr/week
No compensation reported
Harvey Gifford
Director
On filings since 2021
1 hr/week
No compensation reported
Jeriel A. Beard
Director
On filings since 2021
1 hr/week
No compensation reported
Kevin Sims
Director
On filings since 2021
1 hr/week
No compensation reported
Richard Dykhouse
Director
On filings since 2021
1 hr/week
No compensation reported
William Slattery
Director
On filings since 2021
1 hr/week
No compensation reported
Beth Pennington
Director
On filings since 2022
1 hr/week
No compensation reported
Don Walker
Director
On filings since 2022
1 hr/week
No compensation reported
John Workman
Director
On filings since 2022
1 hr/week
No compensation reported
Mick McGraw
Director
On filings since 2022
1 hr/week
No compensation reported
Tim Crump
Director
On filings since 2023
1 hr/week
No compensation reported
Jill Bowling
Director
On filings since 2024
1 hr/week
No compensation reported
Lowell Short
Director
New on the 2025 filing
1 hr/week
No compensation reported
Pamela Anderson
Director
New on the 2025 filing
1 hr/week
No compensation reported
Barry Huebner
Secretary
Director → Secretary, 2024
On filings since 2021
1 hr/week
No compensation reported
Brian Allen
Vice President Institutional Advancement
Vice President → Vice President Institutional Advancement, 2024
On filings since 2021
5 hrs/week
No compensation reported
Dan Rexroth
Vice Chairman
On filings since 2021
1 hr/week
No compensation reported
Stephen Lowe
Vice President of Academic Affairs
Vice President → Vice President of Academic Affairs, 2024
On filings since 2021
1 hr/week
No compensation reported
Marcus Reddy
Vice President of Enrollment Management
Vice President → Vice President of Enrollment Management, 2024
On filings since 2022
1 hr/week
No compensation reported
Jason Stephens
Vice President of Student Development
Vice President → Vice President of Student Development, 2025
On filings since 2023
1 hr/week
No compensation reported
Matthew Foor
Vice President for Finance & CFO
Vice President Finance → Vice President for Finance & CFO, 2024
On filings since 2023
5 hrs/week
No compensation reported
Robby Lalumendre
Vice President of Operations
Vice President Operations → Vice President of Operations, 2024
On filings since 2023
1 hr/week
No compensation reported
Former officers (23)
- Former: David Pickering (2021–2023) — Vice President
- Former: David VanHeemst (2021–2023) — Chair & Dept of His
- Former: Jay Martinson (2021–2023) — Dean Online Learn
- Former: Joyce E Burggraf (2021–2023) — Director
- Former: Amber Residori (2022–2023) — Dean Co of Pro St
- Former: Dennis Seymour (2023) — Director of It
- Former: Jeffery Stark (2023) — Director Grad Pr Stcm
- Former: Donald Dreisbach (2021–2022) — Director
- Former: Julian Jarvis (2021–2022) — Director
- Former: Kathleen Lueckeman (2021–2022) — Chief Strategic of
- Former: Ryan Spittal (2021–2022) — Vice President
- Former: Samuel Mayhugh (2021–2022) — Director
- Former: Larry Murphy (2022) — Professor
- Former: Ron Blake (2022) — Director
- Former: Carol Summers (2021) — Vice President
- Former: David L Miller (2021) — Director
- Former: John Bowling (2021) — President
- Former: Jonathan Pickering (2021) — Dean of Acad Op
- Former: Kristy Ingram (2021) — Dean & Cae
- Former: Phyllis McSwaim (2021) — Director
- Former: Richard McHie (2021) — Director
- Former: Ron Hyson (2021) — Executive Director
- Former: Scott Sherwood (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Olivet Nazarene University Foundation
How much does Olivet Nazarene University Foundation give each year?
Olivet Nazarene University Foundation gave $2.5M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.5M across 1 grant.
How large is Olivet Nazarene University Foundation?
Olivet Nazarene University Foundation reported $202.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $12.5M.
What is Olivet Nazarene University Foundation?
Olivet Nazarene University Foundation is a public charity focused on Education, based in Bourbonnais, IL. It holds $202.0M in total assets as of 2025.
Where does Olivet Nazarene University Foundation operate?
Olivet Nazarene University Foundation has awarded grants in Illinois.
What is Olivet Nazarene University Foundation's EIN?
Olivet Nazarene University Foundation's EIN (Employer Identification Number) is 23-7063419. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Olivet Nazarene University Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Olivet Nazarene University Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Ann O'Donnell Trumbull Perpetual Charitable Trust
Peoria, IL
The trust supports education and tuition, food assistance, community services, emergency response, and fundraising for childhood disease research. Its 2024 grants ranged from $1,250 to $70,000, with a median of $6,000; 91% of funding went to Illinois, with smaller grants in Michigan, Wisconsin, Iowa, and Florida. It lists a contact and resume as required materials and has no deadline, but does not state whether it accepts unsolicited requests.
Assets
$11.9M
Grants
28
Total Given
$330K
Nampa Schools Foundation Inc
Nampa, ID
Nampa Schools Foundation funds competitive classroom and school grants for Nampa School District 131 teachers and scholarships for graduating seniors from district high schools, with giving centered in Nampa, Idaho. In 2024, grants ranged from $1,000 to $18,973, with a median of $1,000. It states that it does not accept unsolicited funding requests and directs applicants to its website’s grant and scholarship applications.
Assets
$672K
Grants
15
Total Given
$49K
Central Indiana Community Foundation Inc
Indianapolis, IN
Through its funds and collaborative entities, CICF supports a broad range of charitable work, including equity, food access, childcare, arts, nature, and youth programs, primarily in Central Indiana. Its 2024 grants had a median award of $25,000; some funds offer competitive applications, while others are invitation-only, and CICF itself does not directly award grants.
Assets
$583.5M
Grants
525
Total Given
$31.1M
Russell Harcourt Tr
Hamilton, OH
Assets
—
Grants
3
Total Given
$144K
Vermeer Charitable Foundation
Pella, IA
The Vermeer Charitable Foundation supports civic, church, educational, and community organizations, particularly in central Iowa and communities where Vermeer Corporation employees commute; most 2024 grant dollars went to Iowa. In 2024, grants ranged from $100 to $190,700, with a median of $5,000. It does not accept unsolicited requests and makes contributions only to preselected organizations.
Assets
$33.2M
Grants
122
Total Given
$5.2M
R D Cundiff Scholarship Trust Dtd 10121
East Peoria, IL
The R D Cundiff Scholarship Trust funds scholarships through colleges and universities, primarily in Illinois, with smaller grants reaching nearby states. In 2025, it awarded 19 grants totaling $128,775; awards ranged from $1,925 to $27,525, with a median of $1,925. It accepts no unsolicited requests and gives only to preselected organizations.
Assets
$3.0M
Grants
19
Total Given
$129K
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Olivet Nazarene University Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Olivet Nazarene University Foundation down — hundreds of funders to go?