Parker Kemp Foundation

BLOOMINGTON, IL EIN: 23-7037957

The Parker Kemp Foundation is a private foundation established in 1969 and based in Bloomington, Illinois. The foundation operates as a grantmaking organization with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

+3.6% YoY

Annual Giving

$250K

+15.4% YoY

Grant Count

69

+3.0% YoY

Avg Grant Size

$4K

+12.1% YoY

Under IRS private-foundation payout rules, Parker Kemp Foundation reported a distributable amount of $256K for 2024 — the minimum it must pay out in qualifying distributions.

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

Grantmaking

The Parker Kemp Foundation made 70 grants in 2023. Recent grantees include:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

States

CaliforniaColoradoGeorgiaIowaIllinoisMinnesotaOregonTennesseeTexasVirginia

Cities

ArlingtonBloomingtonBooneBoulderChicagoChicgoDallsDenverEvanstonFairburyHudsonLexingtonLilburnMemphisMorrisNormalPeoriaPortlandRockfordSanta Rosa

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $3,743,334
  • Total Revenues: $137,550
  • Total Expenses: $243,273

Revenue Composition (FY 2023):

  • Investment income and dividends: $127,364
  • Net gain from sale of non-inventory assets: $10,186

The foundation's primary revenue source is investment income, which increased 18.4% from the prior year ($107,564 in 2022).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$260K$520K$780K$1M20202021202220232024
Metric202420232022
Total Assets$3,877,589$3,743,334$3,849,057
Revenue$412,971$137,550$228,549
Expenses$278,716$243,273$259,234
Qualifying Distributions$249,975$216,625$212,100
Net Investment Income$389,645$116,667$207,244
Distributable Amount$255,959$236,211$249,370

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$135K$203K$270K70 grants202078 grants202170 grants202267 grants202369 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CANINE COMPANIONS$30KLEXINGTON PARK DISTRICT$29KNORTHWESTERN MEMORIAL FO…$22KILLINOIS WESLEYAN UNIVER…$20KCARLE CENTER FOR PHILANT…$10KLEXINGTON HIGH SCHOOL$7KLEXINGTON COMMUNITY CENTER$5KLIFELONG ACCESS (FORMERL…$5KCOMMUNITY CANCER CENTER …$4KAMERICAN RED CROSS$4K

Grant Size Distribution

250 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Canine Companions ($30,000), Lexington Park District ($29,000), Northwestern Memorial Foundation ($22,000).

RecipientPurposeAmount
ALZHEIMER'S ASSOCIATION BLOOMINGTON, ILDONATION$2,000
AMERICAN CANCER SOCIETY CHICAGO, ILDONATION$2,000
AMERICAN HEART ASSOCIATION SPRINGFIELD, ILDONATION$2,800
AMERICAN RED CROSS BLOOMINGTON, ILDONATION$3,500
ARTHRITIS FOUNDATION PEORIA, ILDONATION$2,000
BABY FOLD NORMAL, ILDONATION$3,000
BBB - WISE GIVING ALLIANCE ARLINGTON, VADONATION$150
BUILDING HOPE IN KIDS - UGANDA WASHINGTON, ILDONATION$500
CANINE COMPANIONS SANTA ROSA, CADONATION$30,000
CARLE CENTER FOR PHILANTHROPY NORMAL, ILDONATION$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RENE' M SHAFFERTRUSTEE5—
CHRISTOPHER KEMPTRUSTEE5—

Frequently Asked Questions

How do I apply for a grant from Parker Kemp Foundation?

The Parker Kemp Foundation made 70 grants in 2023. Recent grantees include: • Northwestern Memorial Healthcare / Dekalb Behavioral Health Foundation ($28,500) • Illinois Wesleyan University ($25,125) • University of Colorado Foundation ($20,000) The foundation distributed approximately $141,125 across 39 documented grants in 2023, with additional grants bringing the total to 70 awards for the year.

What size grants does Parker Kemp Foundation award?

In 2024, Parker Kemp Foundation awarded 69 grants totaling $250K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Parker Kemp Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Parker Kemp Foundation reported a distributable amount of $256K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Parker Kemp Foundation's EIN?

Parker Kemp Foundation's EIN (Employer Identification Number) is 23-7037957. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Parker Kemp Foundation's focus areas in our free grants database

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

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