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Private Foundation · IL · Private Grantmaking Foundations

State Farm Companies Foundation

Bloomington, IL  ·  EIN 366110423  ·  Website ↗  ·  990s on ProPublica ↗

Assets

$15.9M

Total Giving

$65.3M

Grants on File

35

Average Grant

$1.9M

Giving Radius

Where State Farm Companies Foundation Has Given

AK — no grants on file AL — no grants on file AR — no grants on file AZ — $400K across 2 grants CA — no grants on file CO — no grants on file CT — no grants on file DC — no grants on file DE — no grants on file FL — no grants on file GA — $400K across 1 grant HI — no grants on file IA — no grants on file ID — no grants on file IL — $62.9M across 27 grants IN — no grants on file KS — no grants on file KY — no grants on file LA — no grants on file MA — no grants on file MD — no grants on file ME — no grants on file MI — no grants on file MN — no grants on file MO — no grants on file MS — no grants on file MT — no grants on file NC — $1.2M across 2 grants ND — no grants on file NE — no grants on file NH — no grants on file NJ — no grants on file NM — no grants on file NV — no grants on file NY — no grants on file OH — no grants on file OK — no grants on file OR — no grants on file PA — no grants on file RI — no grants on file SC — no grants on file SD — no grants on file TN — no grants on file TX — $400K across 3 grants UT — no grants on file VA — no grants on file VT — no grants on file WA — no grants on file WI — no grants on file WV — no grants on file WY — no grants on file
Historical grants to 27 recipients across 5 states. Top concentrations: Bloomington ($51.7M, 11 grants), Evanston ($7.5M, 4 grants), Normal ($2.1M, 6 grants), Urbana ($1.5M, 3 grants), Charlotte ($1.2M, 2 grants).

Section I

How to Apply

Specific entry form

On Unsolicited Proposals yes

Restrictions

Parents and legal guardians must be a State Farm employee, agent, or retiree.

Section IV

Recent Grants

Recipient Amount Year
Illinois State University $500K 2020
University of Illinois $500K 2020
Matching Gift Program $10.0M 2020
Good Neighbor Grant Program $1.7M 2020
Foundation for the Carolinas $686K 2020
Heartland Community College $192K 2020
Illinois Wesleyan University $300K 2020
Lincoln College $50K 2020
National Merit Scholarship Corporation $1.8M 2020
University of Illinois via donor-advised fund (Charities Aid Foundation of $500K 2021
Matching Gift Program part via donor-advised fund (Charities Aid Foundation $12.5M 2021
Good Neighbor Grant Program part via donor-advised fund (Charities Aid Foun $1.4M 2021
Heartland Community College via donor-advised fund (Charities Aid Foundatio $192K 2021
Illinois Wesleyan University via donor-advised fund (Charities Aid Foundati $300K 2021
Lincoln College via donor-advised fund (Charities Aid Foundation of America $50K 2021
National Merit Scholarship Corporation via donor-advised fund (Charities Ai $1.8M 2021
Illinois State University via donor-advised fund (Charities Aid Foundation $500K 2021
E4E Relief LLC $500K 2023
Good Neighbor Grant Program $965K 2023
Matching Gift Program $8.6M 2023
National Merit Scholarship Corporation $2.0M 2023
Illinois Wesleyan University via donor-advised fund (Charities Aid Foundati $300K 2022
University of Illinois Foundation via donor-advised fund (Charities Aid Fou $500K 2022
Maricopa County Community College District Foundation via donor-advised fun $170K 2022
National Merit Scholarship Corporation via donor-advised fund (Charities Ai $1.9M 2022

Page 1 of 2 · 35 total

Section V

Board of Directors

  • Dr W H Knight Jr Director
  • Michael Tipsord Chairman of the Board and President
  • Mary Schmidt Vice President and Secretary
  • Pamela B Strobel Director
  • Jon C Farney Vice President and Treasurer
  • Annette Martinez Vice President
  • Michele Russo Vice President
  • Victor Terry Vice President
  • Joseph P Young Vice President - Fixed Income
  • Mark Schwamberger Assistant Treasurer
  • Alana Reimer Assistant Treasurer
  • Ed Woods Assistant Secretary
  • Kristi Higgins Assistant Secretary
  • Rasheed Merritt Assistant Secretary
  • Apsara Sorensen Assistant Secretary
  • Michael Tipsord Chairman of the Board and President
  • Mary Schmidt Vice President and Secretary
  • Dr W H Knight Jr Director
  • Pamela B Strobel Director
  • Jon C Farney Vice President and Treasurer
  • Annette Martinez Vice President
  • Scott Rassi Vice President
  • Victor Terry Vice President
  • Joseph P Young Vice President - Fixed Income
  • Mark Schwamberger Assistant Treasurer
  • Alana Reimer Assistant Treasurer
  • Ed Woods Assistant Secretary
  • Kristi Higgins Assistant Secretary
  • Michael Tipsord Chairman of the Board and President
  • Mary Schmidt Vice President and Secretary
  • Dr W H Knight Jr Director
  • Jon C Farney Vice President and Treasurer
  • Michele Russo Vice President
  • Victor Terry Vice President
  • Joseph P Young Vice President - Fixed Income
  • Mark Schwamberger Assistant Treasurer
  • Alana Reimer Assistant Treasurer
  • Kristi Higgins Assistant Secretary
  • Rasheed Merritt Assistant Secretary
  • Apsara Sorensen Assistant Secretary
  • Vicki O'Meara Director
  • Sonya Robinson Vice President
  • Michael Tipsord Chairman of the Board and President
  • Mary Schmidt Vice President and Secretary
  • Dr W H Knight Jr Director
  • Pamela B Strobel Director
  • Jon C Farney Vice President and Treasurer
  • Michele Russo Vice President
  • Victor Terry Vice President
  • Joseph P Young Vice President - Fixed Income
  • Mark Schwamberger Assistant Treasurer
  • Alana Reimer Assistant Treasurer
  • Kristi Higgins Assistant Secretary
  • Rasheed Merritt Assistant Secretary
  • Apsara Sorensen Assistant Secretary
  • Vicki O'Meara Director

Section VI

Filing History

Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.

Year Total Assets Qualifying Distributions Total Revenue Total Expenses
2023 $7.0M $397K $10.5M $12.6M
2022 $9.1M $569K $20.2M $20.8M
2021 $9.7M $831K $1K $17.8M
2020 $27.4M $1.1M $10.2M $16.0M
2019 $33.3M $1.9M $802K $13.4M
2015 $3.0M $308K $8.8M $10.8M
2014 $5.1M $439K $14.0M $13.9M
2013 $4.8M $607K $17.0M $17.4M
2012 $5.2M $597K $12.0M $14.7M
2011 $7.9M $583K $15.5M $16.6M

Section VII

Foundations Like This One

Similar in focus area, location, and asset size. Worth researching as part of the same campaign.

Joseph & Gene Swedish Family Foundation Inc

Frankfort · IL   T20

$31.5M

Assets

Manaaki Foundation

Chicago · IL   T20

$31.0M

Assets

Svs Family Foundation

S Barrington · IL   T20

$30.9M

Assets

Code Family Foundation

Hinsdale · IL   T30Z

$30.8M

Assets

Co Tua R & J Kott Memorial Char

Oak Park · IL   T22

$30.3M

Assets