Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1988.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
16 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
10 people listed on the 990.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 |
|---|---|---|
| Rebecca Greenlee | $20,225 | $132,407 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Kaneland Foundation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports school facilities, services, and scholarships for students, staff, and the community.
Questions for Kaneland Foundation
Your first name shows with your question. Kaneland Foundation answers here, for everyone.
The Kaneland IgKnight Personalized Learning Academy needed to deposit a Riverboat Fund Grant to our 501(c)(3) then we cut a check for building improvements to open academy in fall 2023.
Foundation Scholarship Program for Kaneland High School students. This is an ongoing program for Kaneland High School seniors who are continuing their education after graduation. Students must apply for available scholarships maintained by the Foundation.
The Kaneland Foundation and Kaneland Arts Initiative (KAI) partner to present quality artistic media. Funds are used to expose students and community members to a variety of artists that live and work in the area.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $123K | $137K |
| InvestmentsLn 11–13 | $159K | $88K |
| Total assetsLn 16 | $282K | $225K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $282K | $225K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $15K | $15K | ||
| Grants to domestic individualsLn 2 | $13K | $13K | ||
| Grants and assistance to foreign recipientsLn 3 | $0 | $0 | ||
| Benefits paid to or for membersLn 4 | $0 | $0 | ||
| Pay of current officers, directors and key staffLn 5 | $68K | $0 | $68K | $0 |
| Pay of disqualified personsLn 6 | $0 | $0 | $0 | $0 |
| Other salaries and wagesLn 7 | $0 | $0 | $0 | $0 |
| Pension plan contributionsLn 8 | $0 | $0 | $0 | $0 |
| Other employee benefitsLn 9 | $36K | $0 | $36K | $0 |
| Payroll taxesLn 10 | $5K | $0 | $5K | $0 |
| Investment management feesLn 11f | $2K | $0 | $2K | $0 |
| Advertising and promotionLn 12 | $57 | $0 | $0 | $57 |
| Office expensesLn 13 | $1K | $0 | $1K | $0 |
| Information technologyLn 14 | $3K | $0 | $3K | $0 |
| TravelLn 17 | $2K | $0 | $2K | $0 |
| Conferences, conventions and meetingsLn 19 | $555 | $0 | $555 | $0 |
| Payments to affiliatesLn 21 | $11K | $0 | $11K | $0 |
| All other expensesLn 24e | $15K | $0 | $0 | $15K |
| Total functional expensesLn 25 | $173K | $28K | $130K | $15K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS Oct 27, 2025 | $18K | $48K | −$29K | $82K | 990 PDF |
| FY2024Filed with the IRS Nov 7, 2024 | $78K | $191K | −$113K | $112K | 990 PDF |
| FY2023 ViewingFiled with the IRS Oct 23, 2023 | $116K | $173K | −$57K | $225K | 990 PDF |
| FY2022Filed with the IRS Nov 16, 2022 | $46K | $138K | −$93K | $282K | 990 PDF |
| FY2021Filed with the IRS Nov 19, 2021 | $101K | $88K | $13K | $375K | 990 PDF |
Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $116,056 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 4 to look at
Part VIII · Statement of revenue $116,056 across 12 lines filed
Part IX · Statement of functional expenses $173,409 across 18 lines filed
Part X · Balance sheet $225,002 assets, 29 lines filed
Part XI · Reconciliation of net assets $225,002 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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