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Geneseo Foundation is a private corporation based in GENESEO, IL. The foundation received its IRS ruling in 1977. The principal officer is Trust Dept. It holds total assets of $24.1M. Annual income is reported at $2.7M. Total assets have grown from $4.9M in 2011 to $24M in 2023. The foundation is governed by 10 officers and trustees. The foundation awards scholarships to worthy graduates of geneseo high school. There were approximately 140 recipients. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Illinois. According to available records, Geneseo Foundation has made 197 grants totaling $5.5M, with a median grant of $6K. The foundation has distributed between $1.3M and $2.6M annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $2.6M distributed across 86 grants. Individual grants have ranged from $220 to $584K, with an average award of $28K. The foundation has supported 81 unique organizations. The foundation primarily supports organizations in Illinois, Indiana, Iowa, which account for 95% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$220
Median Grant
$5K
Average Grant
$25K
Largest Grant
$584K
Based on 52 grants from the most recent 990-PF filing.
The foundation awards scholarships to worthy graduates of geneseo high school. There were approximately 140 recipients.
Expenses: $190K
The foundation awards scholarships to other worthy students. There were approximately 28 recipients.
Expenses: $51K
The foundation donates to the geneseo community school district for various needs
Expenses: $144K
The foundation donates to friends of hennepin canal for various projects to preserve, protect, and enhance the park experience at the hennepin canal state park.
Expenses: $215K
The foundation awards scholarships to worthy graduates of geneseo high school. There were approximately 140 recipients. Based on available records, the foundation has funded 197 grants. Its grantmaking reaches organizations primarily in IL, IN, IA.
Geneseo Foundation has distributed a total of $5.5M across 197 grants. The median grant size is $6K, with an average of $28K. Individual grants have ranged from $220 to $584K.
The application deadline is SEE ATTACHMENT. Application and awards of scholarships other than the three agricultural related and computer science scholarships are limited to graduates of geneseo high school. The three agricultural related scholarships are limited to graduates of a henry county high schools. The computer science scholarship shall give preference to applicants from the geneseo high school (j.d. Darnall high school), but is open to any resident of the quad cities metropolitan area. The lyle and helen henry scholarships recognize well-rounded students with above average grades who could benefit from financial assistance.
Geneseo Foundation is headquartered in GENESEO, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Central Bank Of Illinois | FOUNDATION MANAGER | $88K | $0 | $88K |
| Brett Lohman | FOUNDATION MANAGER | $0 | $0 | N/A |
| John Dubois | FOUNDATION MANAGER | $0 | $0 | N/A |
| John T Greenwood | FOUNDATION MANAGER | $0 | $0 | N/A |
| Andrew Fehlman | FOUNDATION MANAGER | $0 | $0 | N/A |
| Jeffrey Lang | FOUNDATION MANAGER | $0 | $0 | N/A |
| Michael Gernant | FOUNDATION MANAGER | $0 | $0 | N/A |
| Brandon Sieben | FOUNDATION MANAGER | $0 | $0 | N/A |
| Rick Clary | FOUNDATION MANAGER | $0 | $0 | N/A |
| Eric Johnson | FOUNDATION MANAGER | $0 | $0 | N/A |
Total Giving
$1.7M
Total Assets
$24M
Fair Market Value
$31.7M
Net Worth
$23.6M
Grants Paid
$1.6M
Contributions
$59K
Net Investment Income
$1M
Distribution Amount
$1.5M
Total: $22.9M
Total Grants
197
Total Giving
$5.5M
Average Grant
$28K
Median Grant
$6K
Unique Recipients
81
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Izaak Walton LeagueCHARITABLE CONTRIBUTION | Geneseo, IL | $5K | 2024 |
| College ScholarshipsCOLLEGE SCHOLARSHIPS | Geneseo, IL | $298K | 2024 |
| Friends Of Hennepin CanalCHARITABLE CONTRIBUTION | Galedburg, IL | $215K | 2024 |
| Geneseo Cusd #228CHARITABLE CONTRIBUTIONS | Geneseo, IL | $103K | 2024 |
| Freedom HouseCHARITABLE CONTRIBUTIONS | Princeton, IL | $100K | 2024 |
| Antique Engine & Tractor AssociationCHARITABLE CONTRIBUTION | Geneseo, IL | $84K | 2024 |
| Hammond Henry Hospital FoundationCHARITABLE CONTRIBUTION | Geneseo, IL | $81K | 2024 |
| Inspire Continuing CareCHARITABLE CONTRIBUTIONS | Geneseo, IL | $75K | 2024 |
| City Of GeneseoCHARITABLE CONTRIBUTION | Geneseo, IL | $73K | 2024 |
| Braveheart Children'S Advocacy CenterCHARITABLE CONTRIBUTION | Cambridge, IL | $51K | 2024 |
| Project Lead The WayCHARITABLE CONTRIBUTION | Indianapolis, IN | $50K | 2024 |
| Geneseo High School Marching BandCHARITABLE CONTRIBUTION | Geneseo, IL | $41K | 2024 |
| Geneseo - Atkinson Food PantryCHARITABLE CONTRIBUTION | Geneseo, IL | $31K | 2024 |
| Henry County Humane SocietyCHARITABLE CONTRIBUTION | Geneseo, IL | $29K | 2024 |
| City Of Geneseo Police DepartmentCHARITABLE CONTRIBUTION | Geneseo, IL | $28K | 2024 |
| Geneseo Park DistrictCHARITABLE CONTRIBUTION | Geneseo, IL | $25K | 2024 |
| Rebuilding Together Henry CountyCHARITABLE CONTRIBUTION | Geneseo, IL | $21K | 2024 |
| Henry County Sherriff'S OfficeCHARITABLE CONTRIBUTION | Cambridge, IL | $21K | 2024 |
| Village Of AtkinsonCHARITABLE CONTRIBUTION | Atkinson, IL | $20K | 2024 |
| Geneseo Marriage & Family CounselingCHARITABLE CONTRIBUTIONS | Geneseo, IL | $19K | 2024 |
| Geneseo Public LibraryCHARITABLE CONTRIBUTION | Geneseo, IL | $18K | 2024 |
| Chapter 410 Experimental Aircraft AssocCHARITABLE CONTRIBUTION | Geneseo, IL | $17K | 2024 |
| Iaa FoundationCHARITABLE CONTRIBUTION | Bloomington, IL | $15K | 2024 |
| Geneso Basketball AssociationCHARITABLE CONTRIBUTION | Geneseo, IL | $15K | 2024 |
| Junior Achievement Of The Heartland IncGRANT FOR CORE MISSIONS PROGRAMS | Moline, IL | $15K | 2024 |
| Geneseo Community Chest IncCHARITABLE CONTRIBUTION | Geneseo, IL | $11K | 2024 |
| Geneseo Art LeagueCHARITABLE CONTRIBUTIONS | Geneseo, IL | $10K | 2024 |
| Sundance For Our SoldiersCHARITABLE CONTRIBUTION | Geneseo, IL | $10K | 2024 |
| Geneseo Ffa AlumniCHARITABLE CONTRIBUTION | Geneseo, IL | $10K | 2024 |
| Illowa Fellowship Of Christian AthletesCHARITABLE CONTRIBUTION | Geneseo, IL | $9K | 2024 |
| Rutabaga The Heart Of Regional ArtCHARITABLE CONTRIBUTION | Geneseo, IL | $6K | 2024 |
| Geneseo First Methodist ChurchCHARITABLE CONTRIBUTION | Geneseo, IL | $5K | 2024 |
| Brantley Francis FoundationCHARITABLE CONTRIBUTION | Geneseo, IL | $5K | 2024 |
| Girl Scouts Of Eastern Iowa & Western IllinoisCHARITABLE CONTRIBUTION | Bettendorf, IA | $4K | 2024 |
| William W Cole Memorial TrustCHARITABLE CONTRIBUTIONS | Geneseo, IL | $4K | 2024 |
| Royal Family Kids CampCHARITABLE CONTRIBUTIONS | Geneseo, IL | $4K | 2024 |
| Understanding Works NfpCHARITABLE CONTRIBUTION | Monmouth, IL | $3K | 2024 |
| Vasa National ArchivesCHARITABLE CONTRIBUTION | Bishop Hill, IL | $3K | 2024 |
| Colona Food PantryCHARITABLE CONTRIBUTION | Colona, IL | $3K | 2024 |
| Bishop Hill Heritage AssociationCHARITABLE CONTRIBUTION | Bishop Hill, IL | $2K | 2024 |
| St Johns' Lutheran ChurchCHARITABLE CONTRIBUTION | Geneseo, IL | $2K | 2024 |
| Geneseo Youth FootballCHARITABLE CONTRIBUTION | Geneseo, IL | $2K | 2024 |
| Geneseo Historical AssociationCHARITABLE CONTRIBUTION | Geneseo, IL | $2K | 2024 |
| Seth Ernst Memorial Soccer SlamCHARITABLE CONTRIBUTION | Geneseo, IL | $2K | 2024 |
| The Nature ConservancyCHARITABLE CONTRIBUTION | Peoria, IL | $1K | 2024 |
| The Sierra Club FoundationCHARITABLE CONTRIBUTION | Chicago, IL | $1K | 2024 |
| The Wilderness SocietyCHARITABLE CONTRIBUTION | Washington, DC | $1K | 2024 |
| National Wildlife FederationCHARITABLE CONTRIBUTION | Reston, VA | $1K | 2024 |
| Figge Art MuseumCHARITABLE CONTRIBUTION | Davenport, IA | $1K | 2024 |
| Rock Island Humane SocietyCHARITABLE CONTRIBUTION | Milan, IL | $1K | 2024 |