Student Investment Philanthropy

Public charity · Grantmaker Bloomington, IL EIN: 85-0784573

The organization raises donations for charities by a student ran investment account.

Key facts about Student Investment Philanthropy

In short: Student Investment Philanthropy gave $19K across 3 grants in 2025 (avg $6K), mostly in Illinois. Source: 2025 IRS Form 990.

EIN
85-0784573
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$18,999
Grants made (2025)
3
Average grant
$6,333
Median grant
$6,333
Total assets
$252,674
Primary geography
Illinois (67% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$253K

+99.1% YoY

Annual Giving

$19K

+26.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$6K

+26.7% YoY

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

BloomingtonMemphisNormal

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 Total only2022 Total only2023 3 grants2024 3 grants2025

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Midwest Food Bank: $6KMidwest Food Bank$6KSt Jude: $6KSt Jude$6KEaserseals: $6KEaserseals$6K

The largest 2025 recipient was Midwest Food Bank ($6K). Together the top 3 received $19K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Midwest Food Bank Normal, ILDonation Towards Their Mission$6,333
St Jude Memphis, TNDonation Towards Their Mission$6,333
Easerseals Bloomington, ILDonation Towards Their Mission$6,333

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$50K$100K$150K$200K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$252,674$126,892$122,833
Revenue$170,257$3,963$5,276
Expenses$19,404$15,385$9,365
Net Investment Income$44,190$3,578$4,843

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS August 28, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  3. Added Form 990 for fiscal year 2025 (received by the IRS August 20, 2026)
  4. IRS filings on file for fiscal years 2021–2024

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.

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