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Nonprofit · EIN 36-6110423

STATE FARM COMPANIES FOUNDATION

Tax-exempt · BLOOMINGTON, IL 61702

Financials

$10.5M$12.6M2023$17.9M$9M2024$40.7M$9.5M2025
Revenue Expenses · by fiscal year end
Financials of STATE FARM COMPANIES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$40,657,295$9,518,058$31,139,237$47,540,282$528,294$47,011,988
December 31, 2024990-PF$17,872,775$8,956,985$8,915,790$15,872,750$0$15,872,750
December 31, 2023990-PF$10,477,681$12,578,692-$2,101,011$6,956,960$0$6,956,960
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$40,012,185
Interest
$523,973
Net gain from sales of assets
$121,137

Expenses

Grants and similar amounts paid
$8,602,994
Disbursements for charitable purposes
$8,602,994
Excise tax on investment income
$536,440

Balance sheet and other

Total assets, start of year
$15,872,750
Total assets, end of year
$47,540,282
Total liabilities, end of year
$528,294
Net assets, end of year
$47,011,988
Fair market value of assets
$47,540,282
Qualifying distributions
$8,602,994
Net investment income
$38,593,179

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Jon C Farney
One State Farm Plaza, Bloomington, IL 61710
Chairman of the Board and President0$0
Dr W H Knight Jr
3730 42nd Ave South, Seattle, WA 98144
Director0$0
Michele Russo
One State Farm Plaza, Bloomington, IL 61710
Vice President and Secretary0$0
Joseph P Young
One State Farm Plaza, Bloomington, IL 61710
Vice President - Investments0$0
Mark Schwamberger
One State Farm Plaza, Bloomington, IL 61710
Vice President and Treasurer0$0
Alana Reimer
One State Farm Plaza, Bloomington, IL 61710
Assistant Treasurer0$0
Vicki O'Meara
275 Normandy Drive, Tavernier, FL 33070
Director0$0
Sonya Robinson
One State Farm Plaza, Bloomington, IL 61710
Vice President0$0
Justin Tipsord
One State Farm Plaza, Bloomington, IL 61710
Assistant Treasurer0$0
Rasheed Merritt
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Allison Bertsche
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Maria Wilkins
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Rich Garcia
One State Farm Plaza, Bloomington, IL 61710
Vice President0$0
Robert Stephan
One State Farm Plaza, Bloomington, IL 61710
Vice President - Investments0$0
990-PF for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensation
Michael Tipsord
One State Farm Plaza, Bloomington, IL 61710
Chairman of the Board and President0$0
Dr W H Knight Jr
3730 42nd Ave South, Seattle, WA 98144
Director0$0
Jon C Farney
One State Farm Plaza, Bloomington, IL 61710
Chairman of the Board and President0$0
Michele Russo
One State Farm Plaza, Bloomington, IL 61710
Vice President and Secretary0$0
Joseph P Young
One State Farm Plaza, Bloomington, IL 61710
Vice President - Fixed Income0$0
Mark Schwamberger
One State Farm Plaza, Bloomington, IL 61710
Vice President and Treasurer0$0
Alana Reimer
One State Farm Plaza, Bloomington, IL 61710
Assistant Treasurer0$0
Kristi Higgins
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Apsara Sorensen
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Vicki O'Meara
275 Normandy Drive, Tavernier, FL 33070
Director0$0
Sonya Robinson
One State Farm Plaza, Bloomington, IL 61710
Vice President0$0
Justin Tipsord
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Rasheed Merritt
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Allison Bertsche
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Maria Wilkins
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
990-PF for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
Michael Tipsord
One State Farm Plaza, Bloomington, IL 61710
Chairman of the Board and President0$0
Mary Schmidt
One State Farm Plaza, Bloomington, IL 61710
Vice President and Secretary0$0
Dr W H Knight Jr
3730 42nd Ave South, Seattle, WA 98144
Director0$0
Jon C Farney
One State Farm Plaza, Bloomington, IL 61710
Vice President and Treasurer0$0
Michele Russo
One State Farm Plaza, Bloomington, IL 61710
Vice President0$0
Victor Terry
One State Farm Plaza, Bloomington, IL 61710
Vice President0$0
Joseph P Young
One State Farm Plaza, Bloomington, IL 61710
Vice President - Fixed Income0$0
Mark Schwamberger
One State Farm Plaza, Bloomington, IL 61710
Assistant Treasurer0$0
Alana Reimer
One State Farm Plaza, Bloomington, IL 61710
Assistant Treasurer0$0
Kristi Higgins
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Rasheed Merritt
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Apsara Sorensen
One State Farm Plaza, Bloomington, IL 61710
Assistant Secretary0$0
Vicki O'Meara
275 Normandy Drive, Tavernier, FL 33070
Director0$0
Sonya Robinson
One State Farm Plaza, Bloomington, IL 61710
Vice President0$0

Address and contacts

Address (IRS master file)
PO BOX 2321, BLOOMINGTON, IL 61702-2321
In care of
% CORPORATE TAX DEPARTMENT
Signed the 990-PF
Alana Reimer, Assistant Treasurer
Phone
(309) 735-0766
Return prepared by
State Farm Mutual Automobile Insurance Company

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
36-6110423
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1968
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$47,540,282
Income (IRS master file)
$80,669,480

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$40,657,295$9,518,058$47,540,282IRS
990-PFDecember 2024$17,872,775$8,956,985$15,872,750IRS
990-PFDecember 2023$10,477,681$12,578,692$6,956,960XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-6110423).

Questions about STATE FARM COMPANIES FOUNDATION

What is the EIN of STATE FARM COMPANIES FOUNDATION?
The employer identification number (EIN) of STATE FARM COMPANIES FOUNDATION is 36-6110423.
Is STATE FARM COMPANIES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to STATE FARM COMPANIES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does STATE FARM COMPANIES FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of STATE FARM COMPANIES FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did STATE FARM COMPANIES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of STATE FARM COMPANIES FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does STATE FARM COMPANIES FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $40,657,295, expenses of $9,518,058 and total assets of $47,540,282 at year end.

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