Student Investment Philanthropy
The organization raises donations for charities by a student ran investment account.
Student Investment Philanthropy at a glance
In short: Student Investment Philanthropy gave $19K across 3 grants in 2025 (avg $6K), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $18,999
- +26.7% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $6,333
- +26.7% vs 2024
- Median grant
- $6,333
- Total assets
- $252,674
- +99.1% vs 2024
- Primary geography
- Illinois (67% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Student Investment Philanthropy funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Midwest Food Bank ($6K). Together the top 3 received $19K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 6 grants of 6 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $5K (2022) to $19K (2025). In 2025 it made 3 grants totaling $19K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Midwest Food Bank Normal, IL | Donation Towards Their Mission | $6,333 |
| St Jude Memphis, TN | Donation Towards Their Mission | $6,333 |
| Easerseals Bloomington, IL | Donation Towards Their Mission | $6,333 |
Ready to take the next step with Student Investment Philanthropy?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $252,674 | $170,257 | $19,404 | $18,999 | 3 | $44,190 |
| 2024 | $126,892 | $3,963 | $15,385 | $15,000 | 3 | $3,578 |
| 2023 | $122,833 | $5,276 | $9,365 | $9,000 | Total only | $4,843 |
| 2022 | $113,964 | $14,854 | $5,001 | $5,001 | Total only | $1,604 |
| 2021 | $104,998 | $104,998 | — | — | — | $4,998 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Student Investment Philanthropy
Based on IRS filings
Student Investment Philanthropy is a public charity, based in Bloomington, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $253K in total assets. In 2025, it awarded 3 grants totaling $19K. Net investment income was $44K.
Leadership & Key People
Officers and directors from IRS filings
Student Investment Philanthropy is led by Edward H. Kolb, President since 2024 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Edward H. Kolb
President
Member → President, 2024
On filings since 2021
1 hr/week
No compensation reported
Matthew O. Kolb
Vice President
Member → Secretary, 2024
Secretary → Vice President, 2025
On filings since 2021
1 hr/week
No compensation reported
Mike Mavec
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Jack E. Kolb (2021–2024) — Vice President
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 Student Investment Philanthropy
How much does Student Investment Philanthropy give each year?
Student Investment Philanthropy gave $19K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $15K across 3 grants.
What is Student Investment Philanthropy's typical grant size?
Student Investment Philanthropy's median grant in 2025 was $6,333, and its average grant was $6,333, across 3 grants on its 2025 IRS Form 990.
Where does Student Investment Philanthropy give grants?
Student Investment Philanthropy gives mostly in Illinois: 67% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Tennessee (33%).
Does Student Investment Philanthropy give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Student Investment Philanthropy's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Donation Towards Their Mission" (3 grants).
How large is Student Investment Philanthropy?
Student Investment Philanthropy reported $253K in total assets on its 2025 IRS Form 990. Its revenue that year was $170K.
What is Student Investment Philanthropy's EIN?
Student Investment Philanthropy's EIN (Employer Identification Number) is 85-0784573. 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
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS August 28, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS August 20, 2026)
- IRS filings on file for fiscal years 2021–2024
Other open foundation grants in Illinois
Illinois Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Student Investment Philanthropy's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Executive Construction Foundation
Hillside, IL
The foundation supports nonprofits working in areas such as substance-use treatment, disability services, food access, education, housing, and cancer-related family assistance, primarily in Illinois. Its 2024 grants ranged from $235 to $25,000, with a median of $2,796. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$1.7M
Grants
78
Total Given
$397K
The Franks Family Foundation
Salt Lake City, UT
The foundation’s 2024 grants went to organizations working in areas including animal welfare, community services, health, education, and conservation; no specific foundation mission is stated. Grants ranged from $100 to $91,000, with a median of $5,000, and 75% of grant dollars went to Utah recipients. It accepts written requests by contacting Lauri Franks; the filing gives a December 15 deadline for payment by December 31.
Assets
$563K
Grants
34
Total Given
$290K
Michael and Karen Carsley Foundation
Washington Township, MI
Assets
$468K
Grants
12
Total Given
$18K
Nihla & Bob Lapidus Foundation Inc
Ponte Vedra, FL
Assets
$1.0M
Grants
9
Total Given
$85K
CBC Charitable Foundation
San Diego, CA
CBC Charitable Foundation supports nonprofits focused on youth, education, economic development, and social services in specified California Bank of Commerce service areas, including parts of Northern and Southern California. Its 2023 grants ranged from $2,500 to $28,471, with an average of about $3,767; its website says it does not accept unsolicited requests and relies on employee nominations.
Assets
$35K
Grants
40
Total Given
$151K
The Miller Family Foundation
South Orange, NJ
Assets
$14K
Grants
15
Total Given
$14K
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 Student Investment Philanthropy'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.
Student Investment Philanthropy down — hundreds of funders to go?