Also known as: dated November 30 2018
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Bramsen Charitable Foundation is a private trust based in BARRINGTON, IL. The foundation received its IRS ruling in 2021. It holds total assets of $23.6M. Annual income is reported at $18.2M. Total assets have grown from $5.3M in 2019 to $19.2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Bramsen Charitable Foundation has made 15 grants totaling $2.8M, with a median grant of $10K. Annual giving has decreased from $2.5M in 2021 to $49K in 2023. Individual grants have ranged from $1K to $2.3M, with an average award of $190K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Massachusetts and Illinois and Maryland. Contributions to this foundation are tax-deductible.
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.
Bramsen Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MA, IL, MD.
Bramsen Charitable Foundation has distributed a total of $2.8M across 15 grants. The median grant size is $10K, with an average of $190K. Individual grants have ranged from $1K to $2.3M.
Bramsen Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bramsen Charitable Foundation is headquartered in BARRINGTON, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth C Bramsen | Successor Trustee | $0 | $0 | N/A |
| James E Bramsen | Trustee | $0 | $0 | N/A |
| Eliza L Kerr | Successor Trustee | $0 | $0 | N/A |
Total Giving
$49K
Total Assets
$19.2M
Fair Market Value
$14.4M
Net Worth
$19.2M
Grants Paid
$49K
Contributions
$2.4M
Net Investment Income
$2.3M
Distribution Amount
$566K
Total Grants
15
Total Giving
$2.8M
Average Grant
$190K
Median Grant
$10K
Unique Recipients
9
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Home Centered Care InstituteOperating Needs | Schaumburg, IL | $35K | 2023 |
| Meals On Wheels FoundationOperating Needs | North Riverside, IL | $10K | 2023 |
| Above And Beyond Family Recovery CenterOperating Needs | Chicago, IL | $3K | 2023 |
| American Friends Of The Hebrew UniversityOperating Needs | Chicago, IL | $1K | 2023 |
| Little Home Church By The WaysideOperating Needs | Wayne, IL | $150K | 2022 |
| Northwestern Memorial FoundationOperating Needs | Chicago, IL | $100K | 2022 |
| Fidelity Charitable Giving AccountOperating Needs | Boston, MA | $2.3M | 2021 |
| American Academy Of Home Care MedicineOperating Needs | Baltimore, MD | $10K | 2021 |
| Exodus World ServiceOperating Needs | Park Ridge, IL | $5K | 2021 |