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Ideal Industries Foundation is a private corporation based in SYCAMORE, IL. The foundation received its IRS ruling in 1987. The principal officer is Ideal Industries Inc.. It holds total assets of $6.7M. Annual income is reported at $4.4M. Total assets have grown from $1.8M in 2011 to $5.3M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois and Wisconsin. According to available records, Ideal Industries Foundation has made 119 grants totaling $1.2M, with a median grant of $5K. Annual giving has decreased from $553K in 2020 to $251K in 2023. Individual grants have ranged from N/A to $81K, with an average award of $10K. The foundation has supported 66 unique organizations. The foundation primarily supports organizations in Illinois, Wisconsin, North Carolina, which account for 86% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$12K
Average Grant
$15K
Largest Grant
$50K
Based on 37 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ideal Industries Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 119 grants. Its grantmaking reaches organizations primarily in IL, WI, NC.
Ideal Industries Foundation has distributed a total of $1.2M across 119 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from N/A to $81K.
Ideal Industries Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (363449960) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Ideal Industries Foundation is headquartered in SYCAMORE, IL. While based in IL, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sheila Johnsen | VICE PRESIDENT & TREASURER | $0 | $0 | N/A |
| Nicole Juday Rhoads | EXECUTIVE CHAIRMAN | $0 | $0 | N/A |
| Jordan Gladden | DIRECTOR | $0 | $0 | N/A |
| Kent Wrenn | DIRECTOR | $0 | $0 | N/A |
| Shannon Schmittle | RECORDING SECRETARY | $0 | $0 | N/A |
Total Giving
$280K
Total Assets
$5.3M
Fair Market Value
$6M
Net Worth
$5.3M
Grants Paid
$251K
Contributions
$473K
Net Investment Income
$125K
Distribution Amount
$260K
Total: N/A
Total Grants
119
Total Giving
$1.2M
Average Grant
$10K
Median Grant
$5K
Unique Recipients
66
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Family Services AgencyGENERAL OPERATING SUPPORT | Dekalb, IL | $81K | 2023 |
| Cassandra Banks FoundationGENERAL OPERATING SUPPORT | Plantation, FL | $25K | 2023 |
| Dekalb County Community GardensGENERAL OPERATING SUPPORT | Dekalb, IL | $20K | 2023 |
| Kishwaukee Family YmcaGENERAL OPERATING SUPPORT | Sycamore, IL | $19K | 2023 |
| Safe PassageGENERAL OPERATING SUPPORT | Dekalb, IL | $19K | 2023 |
| Hope Haven Of Dekalb CountyGENERAL OPERATING SUPPORT | Dekalb, IL | $18K | 2023 |
| Adventure WorksGENERAL OPERATING SUPPORT | Dekalb, IL | $17K | 2023 |
| CasaGENERAL OPERATING SUPPORT | Sycamore, IL | $17K | 2023 |
| Habitat For Humanity Of Dekalb CountyGENERAL OPERATING SUPPORT | Sycamore, IL | $10K | 2023 |
| Niu StemGENERAL OPERATING SUPPORT | Dekalb, IL | $5K | 2023 |
| Chicago Women In The TradesGENERAL OPERATING SUPPORT | Chicago, IL | $5K | 2023 |
| Niu Society Of Woman EngineersGENERAL OPERATING SUPPORT | Dekalb, IL | $3K | 2023 |
| Future Construction Leaders FoundationGENERAL OPERATING SUPPORT | La Mesa, CA | $3K | 2023 |
| Hawaii Community FoundationGENERAL OPERATING SUPPORT | Honolulu, HI | $2K | 2023 |
| Sycamore Chamber Of CommerceGENERAL OPERATING SUPPORT | Sycamore, IL | $2K | 2023 |
| Heifer InternationalGENERAL OPERATING SUPPORT | Little Rock, AR | $2K | 2023 |
| Regional Access & Mobilization ProjectGENERAL OPERATING SUPPORT | Rockford, IL | $2K | 2023 |
| Northern Public RadioGENERAL OPERATING SUPPORT | Dekalb, IL | $1K | 2023 |
| United Way Of RacineGENERAL OPERATING SUPPORT | Racine, WI | $1K | 2023 |
| Cystic Fibrosis FoundationGENERAL OPERATING SUPPORT | Wilsonville, OR | $1K | 2023 |
| Tails Humane SocietyGENERAL OPERATING SUPPORT | Dekalb, IL | $408 | 2023 |
| Naperville Humane SocietyGENERAL OPERATING SUPPORT | Naperville, IL | $408 | 2023 |
| Joliet Catholic AcademyGENERAL OPERATING SUPPORT | Joliet, IL | $204 | 2023 |
| World Central KitchenGENERAL OPERATING SUPPORT | Washington, DC | $204 | 2023 |
| Macon County Humane SocietyGENERAL OPERATING SUPPORT | Decatur, IL | $171 | 2023 |
| Brooks ElementaryGENERAL OPERATING SUPPORT | Aurora, IL | $125 | 2023 |
| Humane Animal Welfare Society Waukesh CountyGENERAL OPERATING SUPPORT | Waukesha, WI | $102 | 2023 |
| Worcester County Food BankGENERAL OPERATING SUPPORT | Shrewsbury, MA | $102 | 2023 |
| Friends Of The Wissahickon IncGENERAL OPERATING SUPPORT | Philadelphia, PA | N/A | 2023 |
| Cleveland ClinicGENERAL OPERATING SUPPORT | Cleveland, OH | N/A | 2023 |
| American Red CrossCHARITABLE | Washington, DC | $26K | 2022 |
| Dekalb County Youth Service BureauGENERAL OPERATING SUPPORT | Dekalb, IL | $16K | 2022 |