The CFM Foundation
The CFM Foundation is a public charity based in Quincy, Illinois. Formed in 1942, it states that its mission is to provide grants to public charities.
Key facts about The CFM Foundation
In short: The CFM Foundation gave $17.3M across 34 grants in 2025 (avg $510K), mostly in Illinois. 0% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 37-6026254
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $17,338,702
- Grants made (2025)
- 34
- Average grant
- $509,962
- Median grant
- $79,626
- New grantees (estimate)
- 0% first-time grantees (0 of 15, 2025; small sample)
- Total assets
- $115,214,013
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$115.2M
+3.9% YoY
Annual Giving
$17.3M
+117.4% YoY
Grant Count
34
+0.0% YoY
Avg Grant Size
$510K
+117.4% YoY
Is The CFM Foundation open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 15 grantees (0%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. How we count
Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s stated mission is to “provide grants to public charities.” Its 2025 grants included support for Quincy University, Quincy Society of Fine Arts, Sunset Home, Blessing Foundation, Quincy Parks Foundation, and Quincy Area Project.
Grantee missions illustrate the range of organizations supported. Quincy University describes itself as a Franciscan, Catholic, liberal arts institution focused on developing servant-leaders. Sunset Home says it shares the love of Jesus Christ through life in a caring community. Cheerful Home Association describes its work as providing daycare for community children, with an emphasis on lower-income families. United Way of Adams County says it works to inspire, unite, and empower the people of Adams County.
Grantmaking
In 2025, the foundation reported 34 grants totaling $17,338,702. Grant amounts ranged from $5,200 to $10,000,000, with a median of $79,626.
The largest listed grant was $10,000,000 to Quincy University for “FIN REC & COMP CAMPA.” Other large grants included $2,104,100 to Quincy Society of Fine Arts for “QACF DAF - VARIOUS”; $1,000,000 to the same organization for “QCM CAP CAMPAIGN”; $1,000,000 to Sunset Home for “CAPEX AND OP SUPPORT”; and $500,000 to Blessing Foundation for “BLESSING-RIEMAN COLL.”
The foundation requires a signed receipt from each grant recipient. Organizations report to the foundation upon completion of funded projects. The filing also states that supported organizations have a significant voice in the foundation’s investment policies, grant timing and manner, and recipient selection, noting that a majority of the foundation’s directors also serve on the governance boards of supported organizations.
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Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to recipients in Illinois.
Grant Distribution by State
Share of 2025 grant dollars across all 34 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $3.2M (2022) to $17.3M (2025). In 2025 it made 34 grants totaling $17.3M.
*2023: Covers 21 months (fiscal year-end changed).
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Quincy University ($10.2M across 2 grants). Together the top 10 received $17.1M.
Grant Size Distribution
168 grants across all recorded years
The most common grant size was under $50K: 63 grants of 168 (38%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Quincy University Quincy, IL | Fin Rec & Comp Campa | $10,000,000 |
| Quincy Society of Fine Arts Quincy, IL | Qacf DAF - Various | $2,104,100 |
| Quincy Society of Fine Arts Quincy, IL | QCM Cap Campaign | $1,000,000 |
| Sunset Home Quincy, IL | Capex and Op Support | $1,000,000 |
| Blessing Foundation Quincy, IL | Blessing-Rieman Coll | $500,000 |
| Sunset Home Quincy, IL | Can Wages and Op Sup | $500,000 |
| Quincy Society of Fine Arts Quincy, IL | CCF - Contract Vehic | $270,000 |
| Quincy Parks Foundation Quincy, IL | Perm Bandstand - MP | $200,000 |
| Quincy University Quincy, IL | Moorman Profess-3YR | $169,650 |
| Quincy Society of Fine Arts Quincy, IL | HSQAC - Repairs | $150,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $115,214,013 | $10,410,152 | $18,324,028 | $17,338,702 |
| 2024 | $110,869,393 | $9,682,452 | $8,929,824 | $7,974,747 |
| 2023 | $108,558,700 | $4,206,013 | $3,677,567 | $2,975,135 |
*2023: Covers 21 months (fiscal year-end changed).
| Metric | 2025 | 2024 | 2023* |
|---|---|---|---|
| Total Assets | $115,214,013 | $110,869,393 | $108,558,700 |
| Revenue | $10,410,152 | $9,682,452 | $9,318,232 |
| Expenses | $18,324,028 | $8,929,824 | $7,848,760 |
| Net Investment Income | $10,410,152 | $9,682,452 | $9,314,023 |
*2023: Covers 21 months (fiscal year-end changed).
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS July 28, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 30, 2022)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 29, 2025)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 6, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 1, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists these directors: Robert B Black, Michael R Hulsen, John G Stevenson Jr, Delmer R Mitchell, Harold B Oakley, Jack R Sharkey, and Bryan K Stokes. The filing identifies Mitchell as “Director - P” and Oakley as “Director - S.”
The CFM Foundation's 2025 filing lists 7 officers; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bryan K. Stokes
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Delmer R. Mitchell
Director - P
On filings since 2021
0.5 hrs/week
No compensation reported
Harold B. Oakley
Director - S
On filings since 2021
0.5 hrs/week
No compensation reported
Jack R. Sharkey
Director
On filings since 2021
0.3 hrs/week
No compensation reported
John G. Stevenson Jr.
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Michael R. Hulsen
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Robert B. Black
Director
On filings since 2021
0.3 hrs/week
No compensation reported
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.
Contact
Mailing address: 201 South 5Th Street Suite 301, Quincy, IL 62301
Phone: (217) 222-8636
Frequently asked questions about The CFM Foundation
How much does The CFM Foundation give each year?
The CFM Foundation gave $17.3M across 34 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $8.0M across 34 grants.
What is The CFM Foundation's typical grant size?
The CFM Foundation's median grant in 2025 was $79,626, and its average grant was $509,962, across 34 grants on its 2025 IRS Form 990.
Where does The CFM Foundation give grants?
The CFM Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Quincy, IL (32 grants) and Canton, MO (2 grants).
Does The CFM Foundation give general operating support?
Yes: 15% of The CFM Foundation's 2025 grants with a stated purpose (5 of 34) were for general or operating support, per its 2025 IRS Form 990.
Who are The CFM Foundation's largest grantees?
The CFM Foundation's largest 2025 grantees include Quincy University ($10,169,650 across 2 grants), Quincy Society of Fine Arts ($4,209,052 across 17 grants) and Sunset Home ($1,500,000 across 2 grants), according to its 2025 IRS Form 990. Together they received 92% of its itemized 2025 grant dollars.
How large is The CFM Foundation?
The CFM Foundation reported $115.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $10.4M.
What does The CFM Foundation fund?
The foundation’s stated mission is to “provide grants to public charities.” Its 2025 grants included support for Quincy University, Quincy Society of Fine Arts, Sunset Home, Blessing Foundation, Quincy Parks Foundation, and Quincy Area Project. See mission & focus areas ↑
How do I apply for a grant from The CFM Foundation?
The CFM Foundation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is The CFM Foundation's EIN?
The CFM Foundation's EIN (Employer Identification Number) is 37-6026254. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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