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Also known as: C/O MAT HOLDINGS INC
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L&W Charitable Foundation is a private 0 based in LONG GROVE, IL. The foundation received its IRS ruling in 2015. The principal officer is Susan Nustra. It holds total assets of $3.1M. Annual income is reported at $851K. Total assets have decreased from $5M in 2014 to $3.5M 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 2016 to 2023. The foundation primarily funds organizations in Illinois, Colorado and Florida. According to available records, L&W Charitable Foundation has made 20 grants totaling $1.3M, with a median grant of $60K. Annual giving has decreased from $798K in 2022 to $526K in 2023. Individual grants have ranged from $9K to $220K, with an average award of $66K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Illinois, Florida, Colorado, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$49K
Average Grant
$83K
Largest Grant
$233K
Based on 8 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.
L&W Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IL, FL, CO.
L&W Charitable Foundation has distributed a total of $1.3M across 20 grants. The median grant size is $60K, with an average of $66K. Individual grants have ranged from $9K to $220K.
L&W Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
L&W Charitable Foundation is headquartered in LONG GROVE, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Nustra | PRESIDENT | $0 | $0 | N/A |
| Karen Vacko | VICE-PRESIDENT | $0 | $0 | N/A |
| Jessica Olsson | TREASURER | $0 | $0 | N/A |
Total Giving
$548K
Total Assets
$3.5M
Fair Market Value
$3.5M
Net Worth
$3.5M
Grants Paid
$526K
Contributions
N/A
Net Investment Income
$58K
Distribution Amount
$133K
Total: $2.7M
Total Grants
20
Total Giving
$1.3M
Average Grant
$66K
Median Grant
$60K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Quentin Road Bible Baptist ChurchTO FURTHER THE MISSION OF THE DONEE. | Lake Zurich, IL | $220K | 2023 |
| Asian Campus ChurchTO FURTHER THE MISSION OF THE DONEE. | Chicago, IL | $120K | 2023 |
| Dayspring Bible College & SeminaryTO FURTHER THE MISSION OF THE DONEE. | Mundelein, IL | $92K | 2023 |
| Plantation Baptist ChurchTO FURTHER THE MISSION OF THE DONEE. | Plantation, FL | $75K | 2023 |
| PioneersTO FURTHER THE MISSION OF THE DONEE. | Orlando, FL | $10K | 2023 |
| Omf OrganizationTO FURTHER THE MISSION OF THE DONEE. | Littleton, CO | $9K | 2023 |
| Dayspring Baptist ChurchTO FURTHER THE MISSION OF THE DONEE. | Pewaukee, WI | $10K | 2022 |