Grantmaking public charity · EIN 36-3723705
Edward Foundation
Naperville, IL
Edward Foundation is a public charity that makes grants based in Naperville, IL. On its Form 990 (Schedule I) for tax year 2024, it reported $4.49M in grants paid across 154 grants, with $14.1M in total assets. Its largest grants went to Edward Hospital, Gerald A & Karen A Kolschowsky Foundation Inc and Walter J and Edith E Best Foundation.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check Edward Foundation's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
When awarding grants to individuals, Edward Foundation has forms that need to be completed by potential recipients. These forms include the requirements and criteria required for awards. The final process of narrowing down the list to the final candidates is based upon GPA and years of seniority. There are typically two grants that are given out annually: the Book Nursing Scholarship awards, which are for nurses furthering their education and Student Volunteer awards for education. These awards are made directly to the colleges for each of the student's accounts. When awarding grants to affiliated organizations, Edward Hospital and Naperville Psychiatric Ventures d/b/a Linden Oaks Hospital, all of these awards must be approved by the Executive Director of the Edward Foundation and the accounting department as to correct usage of the funds for designated purposes in the restricted accounts and approval by the Edward Foundation Board for unrestricted accounts.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
Edward foundation follows the mission of endeavor health to "help everyone in our communities be their best."
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Edward Hospital | Arlington Heights, IL | General Support | $4,105,727 |
| Gerald A & Karen A Kolschowsky Foundation Inc | Downers Grove, IL | General Support | $17,015 |
| Walter J and Edith E Best Foundation | Chicago, IL | General Support | $10,000 |
| Alfred Bersted Foundation | Dallas, TX | General Support | $10,000 |
| Illinois Tool Works Foundation | Glenview, IL | General Support | $10,000 |
| Walmart Inc Associates Health & Welfare Trust | Bentonville, AR | General Support | $5,500 |
The 6 largest of 154 grants listed on the return. 148 grants to individuals ($103K) are counted but not named. Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does Edward Foundation accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check Edward Foundation's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does Edward Foundation give each year?
For tax year 2024, it reported $4,494,200 in grants paid (154 grants). Giving can change from year to year.
What organizations has Edward Foundation funded?
Its largest grants in tax year 2024 went to Edward Hospital (IL), $4.11M, Gerald A & Karen A Kolschowsky Foundation Inc (IL), $17K, Walter J and Edith E Best Foundation (IL), $10K, Alfred Bersted Foundation (TX), $10K and Illinois Tool Works Foundation (IL), $10K.