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Gruschow Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2008. The principal officer is George M Gruschow. It holds total assets of $923K. Annual income is reported at $31K. Total assets have decreased from $2.6M in 2011 to $955K 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. The foundation primarily funds organizations in Illinois and New York. According to available records, Gruschow Foundation has made 9 grants totaling $240K, with a median grant of $15K. Annual giving has decreased from $160K in 2020 to $39K in 2023. Individual grants have ranged from $4K to $60K, with an average award of $27K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Illinois and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$50K
Average Grant
$53K
Largest Grant
$60K
Based on 3 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.
Gruschow Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in IL, NY.
Gruschow Foundation has distributed a total of $240K across 9 grants. The median grant size is $15K, with an average of $27K. Individual grants have ranged from $4K to $60K.
Gruschow Foundation typically selects its grantees rather than accepting unsolicited proposals.
Gruschow Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lori Chou | DIRECTOR | $0 | $0 | N/A |
| Brian Chou | DIRECTOR | $0 | $0 | N/A |
| Catherine Kai-Lin Gruschow | DIRECTOR | $0 | $0 | N/A |
Total Giving
$42K
Total Assets
$955K
Fair Market Value
$894K
Net Worth
$955K
Grants Paid
$39K
Contributions
$2K
Net Investment Income
$25K
Distribution Amount
$43K
Total: N/A
Total Grants
9
Total Giving
$240K
Average Grant
$27K
Median Grant
$15K
Unique Recipients
4
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wttw Chicago Public MediaGENERAL OPERATING | Chicago, IL | $20K | 2023 |
| Lincoln Park ZooGENERAL OPERATING | Chicago, IL | $15K | 2023 |
| University Of Illinois FoundationGENERAL OPERATING | Urbana, IL | $4K | 2023 |
| Modest Needs FoundationGENERAL OPERATING | New York, NY | $60K | 2020 |