Edward Foundation is a 501(c)(3) organization based in Naperville, Illinois, registered in 1990, with $2,443,736 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$2.4M
▼ 1.9% vs prior year
Expenses (FY2024)
$4.7M
Net assets
$12.7M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Edward Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Edward Foundation: 33 mo reserves · -91% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Edward Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Edward Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $2.9M (FY2013) to $2.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-91.5%
Spent more than it raised in the latest fiscal year.
Total assets
$14.1M
Total liabilities
$1.4M
Net assets
$12.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,443,736▼1.9% | $4,679,548▲795% | $12,687,947▼11.6% | $14,079,927▼3.9% | 990 |
| 2023 | $2,491,920▲62.8% | $522,774▼65.7% | $14,354,742▲22.4% | $14,653,156▲24.0% | 990 |
| 2022 | $1,530,941▼59.0% | $1,523,716▲459% | $11,725,884▼9.7% | $11,814,979▼9.9% | 990 |
| 2021 | $3,736,427▲49.7% | $272,412▼77.4% | $12,981,024▲17.7% | $13,112,241▲13.5% | 990 |
| 2020 | $2,496,643▼19.8% | $1,203,367▼42.1% | $11,027,964▲81.2% | $11,548,356▲82.0% | 990 |
| 2019 | $3,113,566▲0.3% | $2,079,096▼78.7% | $6,086,544▼3.0% | $6,345,077▼7.9% | 990 |
| 2018 | $3,102,834▲12.2% | $9,755,581▲897% | $6,276,775▼51.9% | $6,890,370▼49.5% | 990 |
| 2017 | $2,764,743▼2.7% | $978,789▼64.8% | $13,047,632▲19.6% | $13,641,544▲17.5% | 990 |
| 2016 | $2,840,974▼14.7% | $2,783,816▲57.3% | $10,907,699▲14.8% | $11,614,516▲13.6% | 990 |
| 2015 | $3,329,939▲4.7% | $1,770,271▲74.8% | $9,504,260▲10.7% | $10,221,568▲13.1% | 990 |
| 2014 | $3,180,441▲8.3% | $1,012,517▲22.6% | $8,586,457▲28.5% | $9,036,718▲27.9% | 990 |
| 2013 | $2,937,117 | $826,053▼75.5% | $6,682,520▲37.7% | $7,063,084▲36.8% | 990 |
| 2012 | — | $3,368,487▼10.4% | $4,854,040▼20.3% | $5,161,934▼18.2% | 990 |
| 2011 | — | $3,759,733▲127% | $6,092,619▼23.9% | $6,309,174▼23.1% | 990 |
| 2010 | — | $1,653,509▼56.5% | $8,002,457▲22.3% | $8,199,733▲22.1% | 990 |
| 2009 | — | $3,800,528 | $6,545,634 | $6,717,105 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
29 grants to Edward Foundation totaling $617K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $28,025 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $15,000 |
| Donor Advised Charitable Giving | Health | 2023 | $12,750 |
| American Online Giving Foundation Inc | General support | 2023 | $7,670 |
| American Endowment Foundation | General operating support | 2022 | $100,000 |
| Donor Advised Charitable Giving | Health | 2022 | $13,000 |
| The Chicago Community Trust | Support for golf outing - sanitizer level (no tickets or tangible benefits), general operating support, support for gala - silver level (no tickets or tangible benefits) | 2022 | $11,500 |
| The Blackbaud Giving Fund | General support | 2022 | $10,049 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $31,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $31,250 |
| The Chicago Community Trust | Support of the edward hospital big gig fund raiser held september 24th (no tickets or tangible benefits) | 2021 | $10,000 |
| The Chicago Community Trust | Support of the edward hospital big gig fund raiser held september 24th (no tickets or tangible benefits) | 2021 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $23,200 |
| Donor Advised Charitable Giving | Health | 2020 | $15,750 |
| Donor Advised Charitable Giving | Health | 2020 | $15,750 |
Explore more
Data for Edward Foundation (EIN 36-3723705) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.