The Foundation for Northwest Il
TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.8M
+4.9% YoY
Annual Giving
$184K
-22.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$184K
-22.1% YoY
About The Foundation for Northwest Il
Based on IRS filings
The Foundation for Northwest Il is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in FREEPORT, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.8M in total assets. In 2024, it awarded 1 grants totaling $184K. Net investment income was $168K.
Focus Areas
Ready to take the next step with The Foundation for Northwest Il?
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,790,135 | $5,520,488 | $5,131,242 |
| Revenue | $591,681 | $349,055 | $297,028 |
| Expenses | $467,244 | $492,147 | $437,486 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $167,773 | $138,073 | $184,234 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Open Grants
6 open opportunities from The Foundation for Northwest Il
Community Impact Annual Grant
THE FOUNDATION FOR NORTHWEST IL
Amount
Varies
Deadline
Rolling / Open
Community Needs/Marvin Unrestricted Fund Grants
THE FOUNDATION FOR NORTHWEST IL
Amount
Varies
Deadline
Rolling / Open
Craig Wilson Trust Grants
THE FOUNDATION FOR NORTHWEST IL
Amount
Varies
Deadline
Rolling / Open
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHELLE DEHAVEN QUAST | CEO | — | — |
| MATT MOYER | PRESIDENT | — | — |
| KIM RAMPENTHAL | PAST PRESIDE | — | — |
| JENNY BLOCKER | TREASURER | — | — |
| SAMANTHA SCHAIBLE | MEMBER | — | — |
| YVETTE SELLERS | MEMBER | — | — |
| ANDREW STEWART | MEMBER | — | — |
| JUDD THRUMAN | MEMBER | — | — |
| VICTORIA HANSEN | MEMBER | — | — |
| KELLY MYERS | MEMBER | — | — |
| DAVID SCHMIT | MEMBER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Foundation for Northwest Il on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities