The Dover Foundation logo

The Dover Foundation

DOWNERS GROVE, IL EIN: 45-3137541 Website

The Dover Foundation is a private foundation established in 2011 and located in Downers Grove, Illinois. It is supported by Dover Corporation and operates as a company-sponsored foundation with a focus on supporting education and community engagement.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.1M

+666.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.1M

+666.7% YoY

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

Mission & Focus Areas

The Dover Foundation is committed to supporting causes and programs that promote education and enhance the lives of Dover Company employees and their families. The foundation provides particular emphasis to applicants interested in pursuing studies that focus on technical or vocational programs in the areas of science and engineering.

The foundation also supports giving to assist Dover companies and their employees in their efforts to become active members in communities in which the organization operates.

Grantmaking

The foundation's premier program is the Dover Scholars Program, which offers recurring multi-year scholarships for undergraduate studies. Scholarships provide up to $3,000 per year for a maximum of 4 years, totaling up to $12,000 per recipient.

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Geographic Focus

Where this funder awards grants

The foundation supports communities in which Dover operates, with particular focus on Illinois. The Dover Scholars Program serves children of full-time Dover employees across the company's global operations.

Grant Distribution by State

21states
+13 more states

Cities

AURORAAustinBETHESDABOSTONBethesdaBostonBrightonBrooklynCHICAGOChicagoCincinnatiClarendon HillsColorado SpringsCoon RapidsCovingtonDALLASDEVNPORTDallasDelafieldDevnport

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $2,846,578
  • Total Revenues: $4,291,813
  • Total Expenses: $1,213,283
  • Total Grants, Contributions: $4,200,000
  • Investment Income and Dividends: $91,813
  • Giving Rate: 40.4% of assets

Historical Comparison (2023):

  • Total Assets: $25,000 (minimal)
  • Total Revenues: $0
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$487K$975K$1M$2M55 grants202059 grants20213 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CMS FOUNDATION INC$1.1M

Grant Size Distribution

105 grants across all recorded years

96<$50K3$50–100K4$100–250K$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
IVONNE MCABRERADIRECTOR0.5
ADRIAN SAKOWICZPRESIDENT1
AMY E WARDSECRETARY0.5
SEJAL PATELTREASURER0.5

Recent News & Activity

Recent developments and announcements

2025

In April 2025, Dover Corporation announced the recipients of the Dover Foundation Scholars Program for that year. The announcement highlighted that the program, in its fourteenth year, had selected 31 exemplary students from across Dover's global operations to receive scholarships. The winners represent all five of Dover's operating segments and were selected based on academic excellence, leadership skills, and extracurricular participation.

Dover Foundation Scholars Program: A Commitment to Education and Opportunity

Contact Information

Mailing Address: Dover Scholars Program PO Box 648 Naperville, IL 60566

Office Address: 3005 Highland Parkway, Suite 200 Downers Grove, IL 60515-5655

Phone: 630-743-1540

Email: info@doverfoundation.org

Website: doverfoundation.org

EIN: 45-3137541

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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