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CHICAGO, IL

Peggy And Steve Fossett Foundation

Quick Facts

EIN
204521801
Location
CHICAGO, IL
Category
Science & Technology
Total Assets
$21.4M
Annual Income
$2M
IRS Ruling Year
2007
Organization Type
Corporation
Principal Officer
% Pegg
Tax Deductibility
Contributions are deductible

About This Foundation

Peggy And Steve Fossett Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2007. The principal officer is % Pegg. It holds total assets of $21.4M. Annual income is reported at $2M. The foundation operates in the area of science & technology. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$1.6M

2023+2%

Total Assets

$21.1M

2023-2%

Fair Market Value

$26.8M

2023

Net Worth

$21.1M

2023

Grants Paid

$1.3M

2023

Contributions

$0

2023

Net Investment Income

$1M

2023

Distribution Amount

$1.3M

2023

Total Giving by Year

$1.3M
11
$1.4M
12
$1.3M
13
$1.3M
14
$1.5M
15
$1.6M
19
$1.6M
20
$1.8M
21
$1.6M
22
$1.6M
23

Asset Growth

$20.7M
11
$20.7M
12
$20.1M
13
$19.4M
14
$18.1M
15
$17.5M
19
$20.7M
20
$22.2M
21
$21.5M
22
$21.1M
23

Investment Portfolio (2023)

Total: $15.9M

Corporate Stock: $11M
Corporate Bonds: $4.8M
Corporate Stock (70%)
Corporate Bonds (30%)

Expense Breakdown (2023)

Grants Paid$1.3M
Officer Compensation$152K
Occupancy$19K
Accounting Fees$3K

Revenue Sources (2023)

Capital Gains (Net)
$630K
Dividends
$453K
Interest
$160K

Financial Details (2023)

Total Revenue
$1.2M
Total Expenses
$1.6M
Exempt Purpose Expenses
$1.3M
Required Distribution
$1.3M
Undistributed Income
$0
Total Liabilities
$1
Excise Tax
$14K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

50

Total Giving

$1.4M

Average Grant

$28K

Median Grant

$13K

Total Giving by Year

$115K (1 grants)
21
$1.3M (49 grants)
23

Grant Range

Min$3K
Max$121K
Median: $13K
Smallest grantLargest grant

Openness to New Grantees (2023)

98%

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

AK
ME
VT
NH
WA
WA: $100K (1)
ID
MT
ND
MN
WI
MI
NY
NY: $50K (2)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IL: $1.1M (38)
IN
OH
PA
NJ
CA
CA: $3K (1)
UT
CO
CO: $50K (1)
NE
MO
MO: $95K (5)
KY
WV
VA
VA: $5K (1)
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
LA: $5K (1)
MS
AL
GA
FL
HI
TX
IL$1.1M (38)
WA$100K (1)
MO$95K (5)
CO$50K (1)
NY$50K (2)
LA$5K (1)

Past Grantees

RecipientLocationAmountYear
The ArkGENERAL PURPOSEChicago, IL$121K2023
Museum Of FlightFLIGHT ZONE - YOUTH AREASeattle, WA$100K2023
Chicago Area Council BsaGENERAL PURPOSEChicago, IL$100K2023
Adler PlanetariumFAR HORIZONS PROGRAMChicago, IL$100K2023
Shriners Hospitals For Children ChicagoGENERAL PURPOSEChicago, IL$85K2023
Simon Wiesenthal CenterGENERAL PURPOSEChicago, IL$68K2023
Wings Over The Rockies Air And Space MuseumGENERAL PURPOSEDenver, CO$50K2023
One Love Global Wellness FoundationGENERAL PURPOSEOrland Park, IL$42K2023
American Friends Of ShalvaGENERAL PURPOSENew York, NY$40K2023
Upward CommunitiesRESTRICTED - OLIVIA GARDNERChicago, IL$37K2023
Meals On Wheels ChicagoTHANKSGIVING MEALSChicago, IL$35K2023
Casa Lake CountyGENERAL PURPOSEGENERAL OPERATIONSVernon Hills, IL$25K2023
Washington UniversityDEPT OF PHYSICSSt Louis, MO$25K2023
Brentwood High School Alumni AssociationCOLLEGE SCHOLARSHIPSBrentwood, MO$25K2023
Lakeview PantryGENERAL PURPOSEChicago, IL$25K2023
Webster UniversityPEGGY FOSSETT FUNDSt Louis, MO$25K2023
Shady Oaks Camp For People With DisabilitiesGENERAL PURPOSEHomer Glen, IL$20K2023
Swift Outdoor Accessible RecreationGENERAL PURPOSEMokena, IL$20K2023
Mercy Home For Boys And GirlsGENERAL PURPOSEChicago, IL$20K2023
The Chicago Police MemorialGENERAL PURPOSEChicago, IL$19K2023
Jewish United FundGENERAL PURPOSEChicago, IL$18K2023
Jewish United Fund Emergency FundGENERAL PURPOSEChicago, IL$18K2023
Chicagoland Toys For TotsGENERAL PURPOSEChicago, IL$17K2023
Chicago Chesed FundGENERAL PURPOSELincolnwood, IL$14K2023
St Linus Catholic SchoolGENERAL PURPOSEOak Lawn, IL$12K2023
Brother Rice High SchoolGENERAL PURPOSEChicago, IL$12K2023
Sinai Health SystemGENERAL PURPOSEChicago, IL$10K2023
Shedd AquariumTEEN RESEARCH PROGRAMChicago, IL$10K2023
Ronald Mcdonald House CharitiesGENERAL PURPOSEOakbrook, IL$10K2023
Childrens Research TriangleGENERAL PURPOSEChicago, IL$10K2023
The Hinda InstituteGENERAL PURPOSEGENERAL PURPOSEDes Plaines, IL$10K2023
Pat Macs PackGENERAL PURPOSEChicago, IL$10K2023
Park Lawn AssociationGENERAL PURPOSEOak Lawn, IL$10K2023
Israel Cancer Research FundGENERAL PURPOSENorthfield, IL$10K2023
My Joyful HeartGENERAL PURPOSEMokena, IL$10K2023
The Care Kit FoundationGENERAL PURPOSEOrland Park, IL$10K2023
Friends Of HatzalahGENERAL PURPOSENew York, NY$10K2023
Wildwood Historical SocietyGENERAL PURPOSEWildwood, MO$10K2023
Childrens Miracle Network HospitalsGENERAL PURPOSESt Louis, MO$10K2023
MisericordiaGENERAL PURPOSEChicago, IL$10K2023
Saint Ignatius College PrepGENERAL PURPOSEChicago, IL$8K2023
RaviniaGENERAL PURPOSEHighland Park, IL$8K2023
Tulane HillelGENERAL PURPOSENew Orleans, LA$5K2023
March Of DimesGENERAL PURPOSEArlington, VA$5K2023
Luries Childrens FoundationGENERAL PURPOSEChicago, IL$5K2023
De La Salle Alumni AssociationGENERAL PURPOSEChicago, IL$5K2023
University Of Chicago25000GENERAL PURPOSEChicago, IL$5K2023
The Andrew Weishar FoundationGENERAL PURPOSEChicago, IL$5K2023
Aero Club Of Northern CaliforniaYOUTH PROGRAMS AND COUNSELORSSan Jose, CA$3K2023
The ArkGENERAL PURPOSEChicago, IL$115K2021

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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