A Private Foundation located in ROCKFORD, IL



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

R

2023 Tax Year

About this Private Foundation: 444476

This private foundation is located in Rockford and provides grants for various charitable purposes. It focuses on general charitable activities, including supporting annual scholarships for students attending medical school in the Mendota, IL area. The foundation's assets are directed towards fostering educational opportunities in the medical field, promoting community development, and addressing local needs. By funding these scholarships, the foundation enhances access to medical education and supports the next generation of healthcare professionals, thereby contributing to the overall health and well-being of the community.

Foundation Profile

In the tax year 2024, a private foundation based in Rockford is making significant strides in charitable giving, with total assets amounting to $230.1K USD and a commitment to community enhancement demonstrated through the distribution of $24.8K USD in grants. This foundation is dedicated to supporting the educational aspirations of students pursuing medical degrees, particularly those from the Mendota, IL area. The foundation's mission centers on fostering educational opportunities and alleviating financial barriers for aspiring medical professionals. By focusing on annual scholarships, it aims to empower local students to achieve their academic goals and contribute positively to the healthcare landscape. This commitment to education not only enhances individual lives but also strengthens the community by ensuring a well-trained medical workforce. Eligible candidates for funding are typically students who demonstrate a strong commitment to their education and have a clear intention to serve in the medical field. The foundation prioritizes applicants from the Mendota area, reflecting its dedication to supporting local talent and addressing regional healthcare needs. Funding opportunities are available primarily in the form of scholarships, which align with the foundation's goal of making medical education more accessible. The foundation actively seeks to support initiatives that promote academic excellence and community health, ensuring that its grants have a lasting impact. For grant seekers, understanding the foundation's focus on medical education and community service is crucial. Applicants are encouraged to present compelling cases that highlight their academic achievements, community involvement, and future aspirations in the medical field. Overall, this foundation exemplifies a commitment to charitable giving that prioritizes education and local community enhancement, making it an invaluable resource for aspiring medical students in the region. As it continues to grow its assets and grant-making capabilities, the foundation remains a beacon of hope for those seeking to make a difference in healthcare.
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ROCKFORD, IL

Summary

Assets

$230.1k

Distributions

$24.7k

Contributions

$0

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

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Amount

Min
-
Max

State

IL

City

ROCKFORD

Purpose

Interest

7 results

Amount Name Purpose Location Year

Application Guidelines

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The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

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Nonprofit Grant Provider in ROCKFORD, IL with $230.1k in Assets