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Shadek Fam Foundation Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2003. The principal officer is Jpmorgan Chase Bank Na. It holds total assets of $13.3M. Annual income is reported at $2.1M. Total assets have grown from $5.4M in 2011 to $12.4M in 2023. The foundation is governed by 4 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 2017 to 2023. The foundation primarily funds organizations in Colorado, New York and Maine. According to available records, Shadek Fam Foundation Trust has made 10 grants totaling $2.9M, with a median grant of $213K. Annual giving has decreased from $1.9M in 2022 to $960K in 2023. Individual grants have ranged from $50K to $683K, with an average award of $288K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in Pennsylvania, Rhode Island, New Jersey, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$30K
Average Grant
$51K
Largest Grant
$151K
Based on 14 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.
Shadek Fam Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in PA, RI, NJ.
Shadek Fam Foundation Trust has distributed a total of $2.9M across 10 grants. The median grant size is $213K, with an average of $288K. Individual grants have ranged from $50K to $683K.
Shadek Fam Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Shadek Fam Foundation Trust is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laurence A Shadek | CO-TRUSTEE | $0 | $0 | N/A |
| Thomas F Shadek | CO-TRUSTEE | $0 | $0 | N/A |
| James M Shadek | CO-TRUSTEE | $0 | $0 | N/A |
| Katherine S Boyle | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$1M
Total Assets
$12.4M
Fair Market Value
$23.2M
Net Worth
$12.4M
Grants Paid
$960K
Contributions
$613K
Net Investment Income
$746K
Distribution Amount
$1M
Total: $8.3M
Total Grants
10
Total Giving
$2.9M
Average Grant
$288K
Median Grant
$213K
Unique Recipients
4
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Columbia UniversityGENERAL | New York, NY | $100K | 2023 |
| National Philanthropic TrustGENERAL | Jenkintown, PA | $612K | 2023 |
| Vanguard CharitableGENERAL | Warwick, RI | $198K | 2023 |
| Stevens Institute Of TechnologyGENERAL | Hoboken, NJ | $50K | 2023 |