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James M Schoonmaker Ii Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1992. The principal officer is % The Northern Trust Company Ttee. It holds total assets of $160.9M. Annual income is reported at $34M. The foundation operates in the area of philanthropy & grantmaking. According to available records, James M Schoonmaker Ii Foundation has made 36 grants totaling $7.6M, with a median grant of $30K. Annual giving has grown from $1.2M in 2022 to $6.4M in 2023. Individual grants have ranged from $1K to $3.3M, with an average award of $211K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in Minnesota, Rhode Island, Florida, which account for 58% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
James M Schoonmaker Ii Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in MN, RI, FL.
James M Schoonmaker Ii Foundation has distributed a total of $7.6M across 36 grants. The median grant size is $30K, with an average of $211K. Individual grants have ranged from $1K to $3.3M.
James M Schoonmaker Ii Foundation typically selects its grantees rather than accepting unsolicited proposals.
James M Schoonmaker Ii Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Northern Trust Company | TRUSTEE | $237K | $0 | $237K |
| Patrice H Schoonmaker | TRUSTEE | $0 | $0 | $0 |
Total Giving
$7.3M
Total Assets
$163.4M
Fair Market Value
$175M
Net Worth
$163.4M
Grants Paid
$6.4M
Contributions
$0
Net Investment Income
$3.5M
Distribution Amount
$8M
Total: $155.9M
Total Grants
36
Total Giving
$7.6M
Average Grant
$211K
Median Grant
$30K
Unique Recipients
24
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bella Mente Quantum Racing AssociationGENERAL | Minneapolis, MN | $3.3M | 2023 |
| United States Sailing FoundationGENERAL | Bristol, RI | $750K | 2023 |
| National Sailing Hall OfGENERAL | Annapolis, MD | $550K | 2023 |
| Us Sailing Center IncGENERAL | Miami, FL | $340K | 2023 |
| Nch Healthcare FdnGENERAL | Naples, FL | $330K |
| 2023 |
| Neighborhood Health ClinicGENERAL | Naples, FL | $310K | 2023 |
| Great Lakes Historical SocietyGENERAL | Vermilion, OH | $200K | 2023 |
| Humane Society Of NaplesGENERAL | Naples, FL | $150K | 2023 |
| San Franciso Challenge Dba AmericaoneGENERAL | Berkeley, CA | $125K | 2023 |
| Naples Historical Society IncGENERAL | Naples, FL | $100K | 2023 |
| Orange Bowl CommitteeGENERAL | Miami, FL | $60K | 2023 |
| Naples Botanical GardenGENERAL | Naples, FL | $50K | 2023 |
| New York Yacht Club FoundationGENERAL | New York, NY | $35K | 2023 |
| Mystic SeaportGENERAL | Mystic, CT | $30K | 2023 |
| Snip CollierGENERAL | Naples, FL | $30K | 2023 |
| Edison Sailing CenterGENERAL | Fort Myers, FL | $25K | 2023 |
| Golden Paws Assistance Dogs IncGENERAL | Naples, FL | $20K | 2023 |
| Greater Monessen HistoricalGENERAL | Monessen, PA | $15K | 2023 |
| Herreshoff Marine MuseumGENERAL | Bristol, RI | $12K | 2023 |
| Sail To PrevailGENERAL | Newport, RI | $10K | 2023 |
| Vmi Foundation IncGENERAL | Lexington, VA | $5K | 2023 |
| Kappa Kappa GammaGENERAL | Dublin, OH | $2K | 2023 |
| Homewood Cemetery Historical FundGENERAL | Pittsburgh, PA | $1K | 2023 |
| Stand Up For AnimalsGENERAL | Westerly, RI | $10K | 2022 |
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