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Hoellen Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1983. It holds total assets of $8M. Annual income is reported at $3.1M. The foundation is governed by 3 officers and trustees. Tax records are available from 2015 to 2023. According to available records, Hoellen Family Foundation has made 3 grants totaling $1M, with a median grant of $365K. The foundation has distributed between $309K and $373K annually from 2020 to 2023. Individual grants have ranged from $309K to $373K, with an average award of $349K. Grant recipients are concentrated in Illinois. 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.
Hoellen Family Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Hoellen Family Foundation has distributed a total of $1M across 3 grants. The median grant size is $365K, with an average of $349K. Individual grants have ranged from $309K to $373K.
The application deadline is JUNE 30TH. Ravenswood area, chicago il.
Hoellen Family Foundation is headquartered in CHICAGO, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Allan Pallante | SECRETARY TR | $47K | $0 | $47K |
| Robert Hoellen | PRESIDENT | $24K | $0 | $24K |
| Elizabeth Ward | VICE PRESIDENT | $17K | $0 | $17K |
Total Giving
$513K
Total Assets
$6.9M
Fair Market Value
$9.2M
Net Worth
$6.9M
Grants Paid
$373K
Contributions
N/A
Net Investment Income
$239K
Distribution Amount
$439K
Total: $5.5M
Total Grants
3
Total Giving
$1M
Average Grant
$349K
Median Grant
$365K
Unique Recipients
1
Most Common Grant
$309K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| VariousUNRESTRICTED GENERAL FUND | Chicago, IL | $373K | 2023 |