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Rundgren Foundation is a private corporation based in OAK BROOK, IL. The foundation received its IRS ruling in 1997. It holds total assets of $2.4M. Annual income is reported at $469K. 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 2016 to 2023. The foundation primarily funds organizations in Illinois, Colorado and District of Columbia. According to available records, Rundgren Foundation has made 21 grants totaling $363K, with a median grant of $15K. Annual giving has decreased from $248K in 2022 to $115K in 2023. Individual grants have ranged from $200 to $30K, with an average award of $17K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Illinois and District of Columbia and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$20K
Average Grant
$18K
Largest Grant
$26K
Based on 6 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.
Rundgren Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in IL, DC, CO.
Rundgren Foundation has distributed a total of $363K across 21 grants. The median grant size is $15K, with an average of $17K. Individual grants have ranged from $200 to $30K.
Rundgren Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rundgren Foundation is headquartered in OAK BROOK, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wayne W Haack | PRESIDENT | $25K | $0 | $25K |
| Christopher M Reiser | SECRETARY | $0 | $0 | N/A |
Total Giving
$189K
Total Assets
$2.4M
Fair Market Value
$3.1M
Net Worth
$2.4M
Grants Paid
$115K
Contributions
$20K
Net Investment Income
$88K
Distribution Amount
$147K
Total: $2.4M
Total Grants
21
Total Giving
$363K
Average Grant
$17K
Median Grant
$15K
Unique Recipients
8
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reading Is Fundamental IncASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Washington, DC | $30K | 2023 |
| One Million DegreesASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Chicago, IL | $30K | 2023 |
| University Of Illinois FoundationASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Urbana, IL | $25K | 2023 |
| American Indian College FundASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Denver, CO | $15K | 2023 |
| Reading In MotionASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Chicago, IL | $14K | 2023 |
| Little FriendsASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Warrenville, IL | $500 | 2023 |
| Evans Scholars FoundationASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Glenview, IL | $200 | 2023 |
| Chicago Scholars FoundationASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS | Chicago, IL | $7K | 2022 |