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Also known as: OPPORTUNITY
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Margulis Foundation For Freedom And Opportunity is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2015. It holds total assets of $3.5M. Annual income is reported at $3.3M. Total assets have grown from N/A in 2014 to $2.6M in 2023. The foundation is governed by 2 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. Funding is distributed across 5 states, including District of Columbia, Illinois, Arizona. According to available records, Margulis Foundation For Freedom And Opportunity has made 18 grants totaling $830K, with a median grant of $30K. Annual giving has grown from $375K in 2022 to $455K in 2023. Individual grants have ranged from $5K to $100K, with an average award of $46K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Illinois, District of Columbia, Virginia, which account for 78% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$18K
Average Grant
$30K
Largest Grant
$100K
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.
Margulis Foundation For Freedom And Opportunity primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in IL, DC, VA.
Margulis Foundation For Freedom And Opportunity has distributed a total of $830K across 18 grants. The median grant size is $30K, with an average of $46K. Individual grants have ranged from $5K to $100K.
Margulis Foundation For Freedom And Opportunity typically selects its grantees rather than accepting unsolicited proposals.
Margulis Foundation For Freedom And Opportunity is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arthur S Margulis Jr | TRUSTEE, PRESIDENT | $0 | $0 | N/A |
| Elaine R Margulis | SECRETARY | $0 | $0 | N/A |
Total Giving
$457K
Total Assets
$2.6M
Fair Market Value
$2.5M
Net Worth
$2.6M
Grants Paid
$455K
Contributions
N/A
Net Investment Income
$70K
Distribution Amount
$133K
Total: N/A
Total Grants
18
Total Giving
$830K
Average Grant
$46K
Median Grant
$30K
Unique Recipients
10
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Illinois Policy InstituteGENERAL OPERATING | Chicago, IL | $100K | 2023 |
| Stand TogetherGENERAL OPERATING | Arlington, VA | $100K | 2023 |
| Cato InstituteGENERAL OPERATING | Washington, DC | $100K | 2023 |
| The Trustees Of Princeton UniversityGENERAL OPERATING | Princeton, NJ | $50K | 2023 |
| The Cara ProgramGENERAL OPERATING | Chicago, IL | $30K | 2023 |
| Chicagos Sunshine Enterprises IncGENERAL OPERATING | Chicago, IL | $25K | 2023 |
| Washington UniversityGENERAL OPERATING | St Louis, MO | $25K | 2023 |
| Free The People FoundationGENERAL OPERATING | Washington, DC | $10K | 2023 |
| Students For LibertyGENERAL OPERATING | Mclean, VA | $10K | 2023 |
| Liberty Justice CenterGENERAL OPERATING | Chicago, IL | $5K | 2023 |