By: Diane Benjamin
Today’s paper has an article listing every organization that will receive a grant from the Illinois Prairie Community Foundation. They are handing out $157,347 to 73 programs.
Since the Pantagraph has a policy against investigative journalism, I did it for them.
The Illinois Prairie Community Foundation tax return for the year ended 6/30/2017 is on-line: https://projects.propublica.org/nonprofits/organizations/371377415/201820089349301457/IRS990
Now look at their contributions and expenses:
Why did contributions more than double?
More money was collected in the year ended 6/30/2017 than the previous year – but they gave out less in grants?!?
Of course salaries must eat part of the contributions.
Also note this “non-profit” had assets of $14,937,021 at the end of the year. The Pantagraph is celebrating them giving away $157,347.
See who the Directors and Officers of this organization are on Page 7 on the link above.
See their website here: https://ilprairiecf.org/