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Also known as: C/O THOMAS J FORMOLO
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Andersen-Formolo Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2005. The principal officer is Thomas J Formolo. It holds total assets of $12M. Annual income is reported at $3.7M. Total assets have grown from $2.5M in 2011 to $12M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Illinois and California. According to available records, Andersen-Formolo Family Foundation has made 53 grants totaling $1.9M, with a median grant of $20K. Annual giving has decreased from $669K in 2020 to $395K in 2022. Grantmaking activity was highest in 2021 with $856K distributed across 19 grants. Individual grants have ranged from $5K to $220K, with an average award of $36K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Illinois, Michigan, Wisconsin, which account for 81% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$45K
Largest Grant
$220K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Andersen-Formolo Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 53 grants. Its grantmaking reaches organizations primarily in IL, MI, WI.
Andersen-Formolo Family Foundation has distributed a total of $1.9M across 53 grants. The median grant size is $20K, with an average of $36K. Individual grants have ranged from $5K to $220K.
Andersen-Formolo Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (201917495) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Andersen-Formolo Family Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rich Miller | DIRECTOR | $0 | $0 | N/A |
| Thomas J Formolo | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Hayley F Mans | SECRETARY | $0 | $0 | N/A |
| Elizabeth Douglas | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$12M
Fair Market Value
N/A
Net Worth
$12M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
53
Total Giving
$1.9M
Average Grant
$36K
Median Grant
$20K
Unique Recipients
34
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Helping Hands Ministries IncAS NEEDED | Ottawa, IL | $100K | 2022 |
| Founders Scholarship FundAS NEEDED | Chicago, IL | $10K | 2021 |
| North Austin Community CenterAS NEEDED | Chicago, IL | $80K | 2022 |
| North Shore Country Day SchoolAS NEEDED | Winnetka, IL | $60K | 2022 |
| Pancreatic Cancer Action NetworkAS NEEDED | Manhattan Beach, CA | $30K | 2022 |
| World Central KitchenAS NEEDED | Washington, DC | $25K | 2022 |
| Exodus World ServiceAS NEEDED | Park Ridge, IL | $20K | 2022 |
| Chicago Coalition For The HomelessAS NEEDED | Chicago, IL | $10K | 2022 |
| Mcburney Disability Resource CenterAS NEEDED | Madison, WI | $10K | 2022 |
| Fetch Wisonsin RescueAS NEEDED | Verona, WI | $10K | 2022 |
| Breakthrough Urban MinistriesAS NEEDED | Chicago, IL | $10K | 2022 |
| Sheldrick Wildlife TrustAS NEEDED | Laguna Hills, CA | $10K | 2022 |
| UcanAS NEEDED | Chicago, IL | $10K | 2022 |
| AspireAS NEEDED | Hillside, IL | $10K | 2022 |
| Clean Lakes AllianceAS NEEDED | Madison, WI | $10K | 2022 |
| By The Hand Club For KidsAS NEEDED | Chicago, IL | $220K | 2021 |
| Kids First Chicago For EducationAS NEEDED | Chicago, IL | $63K | 2021 |
| Sunshine Gospel MinistriesAS NEEDED | Chicago, IL | $50K | 2021 |
| Grace And Peace Fellowship ChurchAS NEEDED | Chicago, IL | $40K | 2021 |
| Association For A More Just SocietyAS NEEDED | Grand Rapids, MI | $33K | 2021 |
| Together ChicagoAS NEEDED | Chicago, IL | $25K | 2021 |
| National Louis UniversityAS NEEDED | Chicago, IL | $25K | 2021 |
| El Shaddai Ministries Int'L IncAS NEEDED | Chicago, IL | $20K | 2021 |
| Padi Aware FoundationAS NEEDED | Rancho Santa Margarita, CA | $10K | 2021 |
| Friends Of Pheasant Branch ConservancyAS NEEDED | Middleton, WI | $10K | 2021 |
| University Of WisconsinAS NEEDED | Madison, WI | $70K | 2020 |
| National Christian FoundationAS NEEDED | Alpharetta, GA | $60K | 2020 |
| World Center KitchenAS NEEDED | Washington, DC | $20K | 2020 |
| Porchlight IncAS NEEDED | Madison, WI | $10K | 2020 |
| Walworth County Food PantryAS NEEDED | Elkhorn, WI | $10K | 2020 |
| Sierra Club FoundationAS NEEDED | San Francisco, CA | $10K | 2020 |