State Farm Companies Foundation

Foundation · Grantmaker Bloomington, IL EIN: 36-6110423 Website

Looking for State Farm grants for nonprofits? State Farm Companies Foundation is State Farm's company-sponsored foundation, and this page covers the grants it reports to the IRS on Form 990-PF.

State Farm Companies Foundation is a private, corporate foundation incorporated in Illinois in 1963 and granted tax-exempt status in June 1968. Based in Bloomington, Illinois, the foundation supports initiatives, scholarships, and associate-directed programs that improve communities where State Farm operates. The foundation works in partnership with State Farm's broader corporate responsibility efforts.

Key facts about State Farm Companies Foundation

EIN: 36-6110423
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $8,447,972
Grants made (2024): 4
Average grant: $2,111,993
Median grant: $1,193,813
Primary geography: Illinois (94% of itemized 2024 grant dollars)
How to apply: State Farm charitable funding is offered through an invitation-only process each year. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who State Farm Companies Foundation funds

By grant dollars, the top recipient states for State Farm Companies Foundation's 4 itemized 2024 grants were Illinois (94%) and North Carolina (6%). The most frequent recipient cities were Bloomington, IL (2 grants). None of its 4 grants with a stated purpose were described as general or operating support.

How State Farm Companies Foundation gives

Giving fell 51% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with State Farm Companies Foundation

How to evaluate State Farm Companies Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$8.4M

-29.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2.1M

-29.6% YoY

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

Mission & Focus Areas

State Farm's charitable funding focuses on three primary areas:

Safety

Auto safety — improving driver, passenger, vehicle, or roadway safety
Home safety — shielding homes from fires, crime, or natural disasters
Disaster preparedness and mitigation
Disaster recovery

Community Development

Affordable housing — home construction, repair, and sustainable housing
Commercial and small business development
Financial literacy
Food insecurity

Education

Higher education initiatives
K-12 academic performance
K-12 STEM programs, primarily near the company's major employment hubs

Grantmaking

The foundation provides funding to national, established scholarship programs, such as the National Merit Scholarship Corporation, rather than offering scholarships directly to individuals.

Invitation Only

State Farm charitable funding is offered through an invitation-only process each year. Organizations that did not receive an invitation are directed to contact State Farm regarding support requests for programs that meet grant focus areas.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Illinois and North Carolina. Grantmaking reaches organizations across multiple states, with Illinois, North Carolina, and Texas accounting for approximately 85% of all grants.

Grant Distribution by State

Illinois $7.9M (94%)

North Carolina $500K (6%)

Share of all 4 itemized 2024 grant dollars.

States

Arizona Georgia Illinois North Carolina Texas

Cities

BloomingtonNormalEvanstonCharlotteLincolnUrbanaTempeAtlantaDallasMcKinneyRichardson

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024)

Total Assets: $15,872,750
Total Revenue: $17,872,775
Total Expenses: $8,956,985
Total Grants, Contributions, etc.: $17,340,510
Investment Income and Dividends: $893,937

Historical Comparison

2023 Total Assets: $6,956,960
2023 Total Giving: $12,000,588
2023 Total Grants, Contributions: $10,010,840

Grant Activity

2024: 4 grants recorded
2023: 9 grants recorded
2022: 28 grants totaling $40.7 million (highest grantmaking activity year on record)
Historical total: 41 grants totaling $68.5 million across available records

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	—	—
Revenue	—	—	—
Expenses	—	—	—
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

39 grants across all recorded years

Open Grants

2 open opportunities from State Farm Companies Foundation

Foundation

Good Neighbor Citizenship Company Grants

State Farm Companies Foundation

Amount

Varies

Deadline

Rolling / Open

Foundation

Marketing Sponsorships Grant

State Farm Companies Foundation

Amount

Varies

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Matching Gift Program ($5,633,847), National Merit Scholarship Corporation ($1,887,625), E4E Relief LLC ($500,000).

Recipient	Purpose	Amount
Matching Gift Program Bloomington, IL	Education and Charitable Giving Grants	$5,633,847
National Merit Scholarship Corporation Evanston, IL	Education Award	$1,887,625
E4E Relief LLC Charlotte, NC	Employee Assistance Hardship Fund	$500,000
Good Neighbor Grant Program Bloomington, IL	Education and Charitable Giving Grants	$426,500

Leadership & Key People

Leadership team and compensation from IRS filings

According to 2025 aggregated demographic information, the foundation's board consists of 12 directors and officers: 7 men and 5 women. The principal officer is listed as the Corporate Tax Department.

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Michael Tipsord	Chairman of the Board and President	—	—
Dr W H Knight Jr	Director	—	—
Jon C Farney	Chairman of the Board and President	—	—
Michele Russo	Vice President and Secretary	—	—
Joseph P Young	Vice President - Fixed Income	—	—
Mark Schwamberger	Vice President and Treasurer	—	—
Alana Reimer	Assistant Treasurer	—	—
Kristi Higgins	Assistant Secretary	—	—
Apsara Sorensen	Assistant Secretary	—	—
Vicki O'Meara	Director	—	—
Sonya Robinson	Vice President	—	—
Justin Tipsord	Assistant Secretary	—	—
Rasheed Merritt	Assistant Secretary	—	—
Allison Bertsche	Assistant Secretary	—	—
Maria Wilkins	Assistant Secretary	—	—

Recent News & Activity

Recent developments and announcements

2025

The foundation has partnered with the National Volunteer Fire Council to award grants to local fire departments. In 2025, State Farm and the National Volunteer Fire Council awarded $1 million in grants to local fire departments through the Good Neighbor Firefighter Safety Grant program.

State Farm Foundation

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does State Farm Companies Foundation fund?

The foundation supports key initiatives and scholarships, as well as associate-directed programs, including grants supporting volunteerism and matching gifts to two- and four-year colleges and universities. State Farm's charitable funding focuses on three primary areas: **Safety** • Auto safety — improving driver, passenger, vehicle, or roadway safety • Home safety — shielding homes from fires, crime, or natural disasters • Disaster preparedness and mitigation • Disaster recovery **Community De…

How do I apply for a grant from State Farm Companies Foundation?

State Farm charitable funding is offered through an invitation-only process each year. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does State Farm Companies Foundation make grants?

What size grants does State Farm Companies Foundation award?

In 2024, State Farm Companies Foundation awarded 4 grants totaling $8.4M — an average of about $2.1M per grant, based on its IRS Form 990 filings.

What is State Farm Companies Foundation's EIN?

State Farm Companies Foundation's EIN (Employer Identification Number) is 36-6110423. IRS Form 990 filing data is available on this page for 2020–2024.

Does State Farm give grants to nonprofits?

Yes. State Farm Companies Foundation, State Farm's company-sponsored foundation, awarded 4 grants totaling $8.4M in 2024, according to its IRS Form 990-PF. State Farm may also give through corporate programs that are not reported on the foundation's 990.