Funder DirectoryFollett Educational Foundation
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Private foundation (trust)EIN 366104348Est. 1964-11

Follett Educational Foundation

McHenry, IL 60050

Accepts unsolicited proposals

Total Assets

$7.3M

FY 2023

Annual Giving

$143K

FY 2023

Grants Made

33

FY 2023

Avg Grant

$4K

FY 2023

Grant Range

$775–$42K

Typical

Deadlines

May 1st

Applications

Financial Snapshot

2023 filing

Total Revenue

$258K

Total Expenses

$173K

Qualifying Distributions

$143K

Distributable Amount

$324K

Min. Investment Return

$327K

Undistributed Income

$114K

Payout rate 44%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.44%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

33 grants

Grant sizes from minimum $775 through median $3K to maximum $42K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

6 years

Giving over time from 2017 to 2023. Peak $306K in 2018. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

Recipient names are missing from the available filing data for some grants.

Oak Park River Forest Community Foundation
$74K
2 grants
R Haymaker
$20K
6 grants
J Miley
$13K
4 grants
M Munoz
$12K
4 grants
J Glover
$11K
3 grants
A Bargiel
$11K
4 grants
L Talley
$11K
3 grants
B Merriman
$11K
3 grants

Grant Size Distribution

499 grants

<$10K
497
grants
$10–50K
2
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

39 states

Illinois
$388K
30% of total
Wisconsin
$110K
8% of total
Indiana
$72K
6% of total
Massachusetts
$63K
5% of total
Georgia
$53K
4% of total
Arizona
$49K
4% of total
North Carolina
$48K
4% of total
New York
$47K
4% of total
South Carolina
$45K
3% of total
Virginia
$36K
3% of total

+29 more states

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Follett Educational Foundation — Grants, Financials & Contact | Grantivo