State Farm Companies Foundation
ActivePhilanthropy & VoluntarismFunds Individuals
About State Farm Companies Foundation
The State Farm Companies Foundation concentrates its giving on education-related supports delivered largely through employee-facing programs and donor-advised fund intermediaries. Major disbursements are matching gift programs and scholarship awards (notably to National Merit), along with community-level Good Neighbor Grants, indicating a priority on amplifying employee philanthropy and funding student achievement. Their grantmaking is highly concentrated in a small number of large awards rather than many small unrestricted grants.
Focus Areas
Employee Matching Gift Programs (corporate match through DAFs)College Scholarships and Merit Awards (National Merit scholarships)Local Community Good Neighbor Grants (community-level education and charitable support via State Farm program)
Who They Fund
students / scholarship recipientsemployees (recipients of hardship/assistance funds)education-sector organizations or staff (grantees)
Giving Approach
Very concentrated giving: a handful of very large grants, often routed through donor-advised fund intermediaries or tied to employee matching, with repeat/large payments to scholarship organizations and corporate community grant programs.
About State Farm Companies Foundation
State Farm Companies Foundation’s largest recent disbursements center on employee-linked matching gifts and scholarship support, with a single Matching Gift Program payment of $14.2 million in 2023 and a $2.0 million grant to National Merit Scholarship Corporation in 2024. That pattern points to a funder that channels substantial resources through established programs rather than making many small, open-ended awards. The foundation also backs volunteer-connected Good Neighbor grants, including a $965,000 program payment in 2024, showing a second major pathway for community giving alongside education funding. The grant list shows a mix of corporate philanthropy and education awards routed through intermediaries such as Charities Aid Foundation of America and other donor-advised fund vehicles. State Farm Companies Foundation also appears in support of institutions across the higher-education landscape, from state universities to community colleges. Its named scholarship support is not direct-to-student giving; instead, it funds national scholarship organizations such as National Merit. Employee participation is central to several grant mechanisms, especially matching gifts and volunteer-driven grants.
What State Farm Companies Foundation Funds
Education is the clearest throughline. In 2024, State Farm Companies Foundation gave $1,952,576 to National Merit Scholarship Corporation for an education award, and in 2023 it made a $1,893,022 scholarship payment to the same organization through a donor-advised fund intermediary. Higher education also appears in grants to individual institutions. The foundation gave $500,000 to Illinois State University Foundation in Normal, Illinois, and another $500,000 to University of Illinois Foundation in Urbana, Illinois, both through donor-advised fund routing. Employee and volunteer programs are another defined area. A $500,000 grant to E4E Relief LLC in Charlotte, North Carolina supported employee assistance and hardship needs, while Good Neighbor grant funding supports nonprofits connected to associate volunteer activity. Community development and education overlap in its program-based giving, including grants to college foundations and community college districts.
How State Farm Companies Foundation Gives
Typical grant size is large: the 25th percentile is $201,125, the median is $450,000, and the 75th percentile is $1,368,875. The recent grants list suggests a concentrated style of giving, with several seven-figure awards alongside a smaller set of mid-sized education grants. Recurring recipients are visible. National Merit Scholarship Corporation appears in both 2023 and 2024, and the Matching Gift Program and Good Neighbor Grant Program each show funding in multiple years. The foundation operates through program-specific channels and donor-advised fund intermediaries, especially Charities Aid Foundation of America. It also makes grants that support individuals, alongside organizational awards.
Financial Snapshot
Annual Giving
$8.6M
Total Assets
$47.5M
Total Revenue
$40.7M
Total Expenses
$9.5M
Typical Grant Size
Most grants fall between $201K and $1.4M, with a median of $450K.
25th Percentile
$201K
Median
$450K
75th Percentile
$1.4M
Geographic Reach
Regional5 states funded
Funding intensity
LowHigh
Headquarters
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