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Filing year 2024

State Farm Companies Foundation

Bloomington, Illinois·EIN 36-6110423·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$17.9M
Total assets
$15.9M
Total expenses
$9M
Reported officers
15

Reported officers (all unpaid)

No paid executives reported in 2024. State Farm Companies Foundation reported 15 unpaid officers and board members on its 990-PF.

Assistant Treasurer
Assistant Secretary
Assistant Secretary
Assistant Secretary
Assistant Secretary
Assistant Secretary
Assistant Secretary
Chairman of the Board and President
Director
Chairman of the Board and President
Director
Vice President and Secretary
Vice President - Fixed Income
Vice President and Treasurer
Vice President

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$8.4M

Itemized grants

4

Median grant

$1.2M

RecipientLocationPurposeAmount
Matching Gift ProgramBloomington, ILEducation and Charitable Giving Grants$5.6M
National Merit Scholarship CorporationEvanston, ILEducation Award$1.9M
E4E Relief LLCCharlotte, NCEmployee Assistance Hardship Fund$500k
Good Neighbor Grant ProgramBloomington, ILEducation and Charitable Giving Grants$427k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

State Farm Companies Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.5M
$12.6M
2023
$17.9M
$9M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

State Farm Companies Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about State Farm Companies Foundation

What are State Farm Companies Foundation's revenue and expenses?

In 2024, State Farm Companies Foundation reported $17.9M in total revenue and $9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.