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Also known as: ATTN JON MICHELON
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Fab 5 Foundation is a private corporation based in GLENCOE, IL. The foundation received its IRS ruling in 2020. It holds total assets of $19K. Annual income is reported at $64K. Total assets have decreased from $458K in 2019 to $62K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Illinois and Michigan. According to available records, Fab 5 Foundation has made 18 grants totaling $172K, with a median grant of $5K. Individual grants have ranged from $540 to $56K, with an average award of $10K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Illinois, New York, Michigan, which account for 78% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$30K
Based on 14 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.
Fab 5 Foundation primarily funds organizations in the area of human services. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, NY, MI.
Fab 5 Foundation has distributed a total of $172K across 18 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $540 to $56K.
Fab 5 Foundation typically selects its grantees rather than accepting unsolicited proposals.
Fab 5 Foundation is headquartered in GLENCOE, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stacey Michelon | VICE-PRESIDENT | $0 | $0 | N/A |
| Jon Michelon | PRESIDENT | $0 | $0 | N/A |
| Alex Michelon | DIRECTOR | $0 | $0 | N/A |
Total Giving
$184K
Total Assets
$62K
Fair Market Value
$66K
Net Worth
$62K
Grants Paid
$177K
Contributions
N/A
Net Investment Income
$66K
Distribution Amount
$7K
Total: N/A
Total Grants
18
Total Giving
$172K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Israel Sports Center For The Disabled- IscdGENERAL FUNDING | Northfield, IL | $56K | 2022 |
| Planned Parenthood Of IlGENERAL FUNDING | Chicago, IL | $40K | 2022 |
| Am ShalomGENERAL FUNDING | Glencoe, IL | $13K | 2022 |
| Moran Center For Youth AdvocacyGENERAL FUNDING | Evanston, IL | $13K | 2022 |
| Midwest Access ProjectGENERAL FUNDING | Chicago, IL | $8K | 2022 |
| Jackson Chase FoundationGENERAL FUNDING | Chicago, IL | $6K | 2022 |
| Northwestern UniversityGENERAL FUNDING | Evanston, IL | $5K | 2022 |
| University Of MichiganGENERAL FUNDING | Ann Arbor, MI | $5K | 2022 |
| Birthright IsrealGENERAL FUNDING | New York, NY | $5K | 2022 |
| GlenkirkGENERAL FUNDING | Northbrook, IL | $5K | 2022 |
| Naral Pro-Choice America FoundationGENERAL FUNDING | Washington, DC | $3K | 2022 |
| For Autistic Kids FoundationGENERAL FUNDING | Glenview, IL | $3K | 2022 |
| Jcfs ChicagoGENERAL FUNDING | Chicago, IL | $3K | 2022 |
| Lauri Bauer FoundationGENERAL FUNDING | Lincolnshire, IL | $3K | 2022 |
| Stand Up For KidsGENERAL FUNDING | Decatur, GA | $3K | 2022 |
| College Bound OpportunitiesGENERAL FUNDING | Riverwoods, IL | $3K | 2022 |
| Jewish Democratic CouncilGENERAL FUNDING | Washington Dc, DC | $1K | 2022 |
| Chbad At TulaneGENERAL FUNDING | New Orleans, LA | $540 | 2022 |