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State Farm Companies Foundation

Bloomington, ILEIN: 36-6110423

Data sourced from IRS 990-PF public filings

Funds educational initiatives and charitable giving, primarily through matching gift programs, with a focus on educational organizations and scholarships.

Private_foundation Foundation

Total Assets

$6,956,960

Grants (Last Year)

$0

Total Grants on File

34

Recipients Funded

17

Giving History

YearTotal GrantedGrants MadeAvg Grant
2023$12,000,5884$3,000,147
2022$20,368,37414$1,454,884
2021$34,416,67216$2,151,042

Top Grant Recipients

$14,230,352 (2022)
$12,473,150 (2021)
$12,473,150 (2021)
$8,583,012 (2023)
$1,952,576 (2023)
$1,893,022 (2022)
$1,819,186 (2021)
$1,819,186 (2021)

Showing top 10 of 34 grants on file.

Officers & Trustees

From 2023 IRS 990-PF filing (data available for 4 filing years)

M

Michael Tipsord

Chairman of the Board and President

Key Employee
M

Mary Schmidt

Vice President and Secretary

Key Employee
D

Dr W H Knight Jr

Director

Key Employee
J

Jon C Farney

Vice President and Treasurer

Key Employee
M

Michele Russo

Vice President

Key Employee
V

Victor Terry

Vice President

Key Employee
J

Joseph P Young

Vice President - Fixed Income

Key Employee
M

Mark Schwamberger

Assistant Treasurer

Key Employee
A

Alana Reimer

Assistant Treasurer

Key Employee
K

Kristi Higgins

Assistant Secretary

Key Employee

Showing 10 of 14 officers and trustees.

IRS Filing History

State Farm Companies Foundation has IRS 990-PF filings on record for 4 years, spanning 2020 to 2023.

2023202220212020

Frequently Asked Questions

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