Parker Kemp Foundation
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.
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
Cities
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).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION BLOOMINGTON, IL | DONATION | $2,000 |
| AMERICAN CANCER SOCIETY CHICAGO, IL | DONATION | $2,000 |
| AMERICAN HEART ASSOCIATION SPRINGFIELD, IL | DONATION | $2,800 |
| AMERICAN RED CROSS BLOOMINGTON, IL | DONATION | $3,500 |
| ARTHRITIS FOUNDATION PEORIA, IL | DONATION | $2,000 |
| BABY FOLD NORMAL, IL | DONATION | $3,000 |
| BBB - WISE GIVING ALLIANCE ARLINGTON, VA | DONATION | $150 |
| BUILDING HOPE IN KIDS - UGANDA WASHINGTON, IL | DONATION | $500 |
| CANINE COMPANIONS SANTA ROSA, CA | DONATION | $30,000 |
| CARLE CENTER FOR PHILANTHROPY NORMAL, IL | DONATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RENE' M SHAFFER | TRUSTEE | 5 | — |
| CHRISTOPHER KEMP | TRUSTEE | 5 | — |
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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