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Also known as: AGREEMENT C/O RAY A SPARKS
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Sparks Foundation is a private trust based in MATTOON, IL. The foundation received its IRS ruling in 2003. The principal officer is Ray A Sparks. It holds total assets of $1.8M. Annual income is reported at $1.3M. Total assets have grown from $521K in 2011 to $1.1M in 2023. The foundation is governed by 2 officers and trustees. Donations made to other 501(c)(3) organizations. Fifteen organizations included (see part xv for organizations supported). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Sparks Foundation has made 40 grants totaling $307K, with a median grant of $3K. Annual giving has grown from $67K in 2020 to $122K in 2023. Individual grants have ranged from $500 to $40K, with an average award of $8K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Illinois, Florida, Missouri, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$5K
Largest Grant
$40K
Based on 14 grants from the most recent 990-PF filing.
Donations made to other 501(c)(3) organizations. Fifteen organizations included (see part xv for organizations supported).
Expenses: $118K
Donations made to other 501(c)(3) organizations. Fifteen organizations included (see part xv for organizations supported). Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in IL, FL, MO.
Sparks Foundation has distributed a total of $307K across 40 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $500 to $40K.
Sparks Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sparks Foundation is headquartered in MATTOON, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Debra A Sparks | ADVISORY COM | $0 | $0 | N/A |
| Ray A Sparks | TRUSTEE | $0 | $0 | N/A |
Total Giving
$125K
Total Assets
$1.1M
Fair Market Value
$2.4M
Net Worth
$1.1M
Grants Paid
$122K
Contributions
$30K
Net Investment Income
$84K
Distribution Amount
$101K
Total Grants
40
Total Giving
$307K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
20
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Johns Lutheran SchoolH.S BUILDING PROJECT | Mattoon, IL | $35K | 2023 |
| The Fields ChurchOPERATIONS | Mattoon, IL | $30K | 2023 |
| Sarah Bush Lincoln Foundation25K HOSPICE HOUSE /1K OPERATIONS | Mattoon, IL | $26K | 2023 |
| Mattoon Area Family YmcaOPERATIONS | Mattoon, IL | $12K | 2023 |
| Coles County Habitat For HumanityOPERATIONS | Charleston, IL | $10K | 2023 |
| Woodlawn ChapelOPERATIONS | Charleston, IL | $3K | 2023 |
| Mattoon Public LibraryOPERATIONS | Mattoon, IL | $3K | 2023 |
| Fit - 2 - ServeOPERATIONS | Mattoon, IL | $1K | 2023 |
| LifelinksOPERATIONS | Mattoon, IL | $1K | 2023 |
| Mattoon Community Food CenterOPERATIONS | Mattoon, IL | $1K | 2023 |
| Camp New HopeOPERATIONS | Mattoon, IL | $500 | 2023 |
| Crossroads ChurchOPERATIONS | Daytona Beach, FL | $16K | 2022 |
| Immaculate Conception ParishST MARY HOUSE | Mattoon, IL | $10K | 2022 |
| Epiphany ChurchOPERATIONS | Normal, IL | $1K | 2022 |
| St Vincent Depaul SocietyOPERATIONS | Mattoon, IL | $1K | 2022 |
| Catholic CharitiesANNUAL CAMPAIGN | Mattoon, IL | $500 | 2022 |
| Elevate Ccic IncCO-WORKING CENTER | Mattoon, IL | $4K | 2020 |
| Fellowship Of Christian AthletesSPONSORSHIP | Kansas City, MO | $3K | 2020 |
| The NavigatorsSPONSORSHIP | Albert Lea, MN | $2K | 2020 |
| Fit-2-ServeOPERATIONS | Mattoon, IL | $500 | 2020 |