Also known as: FAMILY FOUNDATION
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James And Lorraine Zerrusen Family Foundation is a private corporation based in TEUTOPOLIS, IL. The foundation received its IRS ruling in 2020. The principal officer is William Zerrusen. It holds total assets of $231K. Annual income is reported at N/A. Total assets have decreased from $2.4M in 2019 to $1.8M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Funding is distributed across 5 states, including Illinois, Florida, Texas. According to available records, James And Lorraine Zerrusen Family Foundation has made 13 grants totaling $4.5M, with a median grant of $25K. Annual giving has decreased from $1.6M in 2021 to $1.2M in 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 5 grants. Individual grants have ranged from $5K to $1.5M, with an average award of $347K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Illinois, Pennsylvania, Connecticut, which account for 92% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$2K
Median Grant
$40K
Average Grant
$231K
Largest Grant
$1.3M
Based on 7 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.
James And Lorraine Zerrusen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in IL, PA, CT.
James And Lorraine Zerrusen Family Foundation has distributed a total of $4.5M across 13 grants. The median grant size is $25K, with an average of $347K. Individual grants have ranged from $5K to $1.5M.
James And Lorraine Zerrusen Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (842526371) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
James And Lorraine Zerrusen Family Foundation is headquartered in TEUTOPOLIS, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Zerrusen | PRESIDENT | $0 | $0 | N/A |
| Maci Meinhart | DIRECTOR | $0 | $0 | N/A |
| Matthew Zerrusen | VICE PRESIDENT | $0 | $0 | N/A |
| Joellen Zerrusen | DIRECTOR | $0 | $0 | N/A |
| Neil Zerrusen | TREASURER | $0 | $0 | N/A |
| Michele Niebrugge | SECRETARY | $0 | $0 | N/A |
| Chad Zerrusen | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$1.8M
Fair Market Value
$1.8M
Net Worth
$1.8M
Grants Paid
$1.2M
Contributions
$2M
Net Investment Income
N/A
Distribution Amount
$47K
Total Grants
13
Total Giving
$4.5M
Average Grant
$347K
Median Grant
$25K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Newman ConnectionGENERAL | Teutopolis, IL | $1.1M | 2023 |
| Southern Ilinois Community FoundationGENERAL | Effingham, IL | $25K | 2023 |
| Father Fred FoundationGENERAL | Traverse City, MI | $15K | 2023 |
| The Study ShoppeGENERAL | Effingham, IL | $5K | 2023 |
| Catholic Medical AssociationGENERAL | Fort Washington, PA | $150K | 2022 |
| Effingham County Fair AssociationGENERAL | Effingham, IL | $5K | 2022 |
| St Edmund RetreatGENERAL | Mystic, CT | $75K | 2021 |