Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Victor Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2005. The principal officer is Jack Polsky. It holds total assets of $6.4M. Annual income is reported at $1.8M. Total assets have grown from $1.9M in 2011 to $6.4M in 2024. The foundation is governed by 5 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Minnesota and New York. According to available records, Victor Foundation has made 108 grants totaling $813K, with a median grant of $5K. Annual giving has grown from $256K in 2020 to $558K in 2022. Individual grants have ranged from N/A to $50K, with an average award of $8K. The foundation has supported 32 unique organizations. The foundation primarily supports organizations in Minnesota, New York, Illinois, which account for 77% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Victor Foundation is a closely held, unstaffed Barrows-family vehicle with $6.39M in assets (FY2024) that is functionally closed to unsolicited applicants — the DB record flags it as 'preselected only,' and no application form, LOI process, or grants page exists anywhere online. Its grantmaking (108 tracked grants totaling $813,310, averaging $7,531 each) flows almost entirely to a stable roster of organizations tied to the family's personal, geographic, and religious ties rather than through any open RFP funnel. Top recipients tell the story: Planned Parenthood North Central States ($200,000 across 10 gifts), Minneapolis Jewish Federation ($165,000/7 gifts), Abbott Northwestern Hospital Foundation ($81,000/5 gifts), and Temple Israel ($65,800/9 gifts) — a clear pattern of sustained, repeat annual gifts to Twin Cities Jewish communal and health institutions. A secondary cluster of elite-university gifts (Columbia Law, Yale Child Study Center, Wesleyan, Barnard, Columbia Business School — $15,000 each across 3 gifts apiece) suggests family alumni or legacy ties rather than a stated education program. Officers Robert Lewis Barrows (President/Director), Stephen H. Barrows (VP/Director), and Linda Masters Barrows (Secretary/Treasurer/Director) all take zero compensation, signaling a lean family-run vehicle administered out of a Chicago office (225 W Wacker Dr) c/o Jack Polsky, likely an accountant or administrator handling multiple family foundations from that address. For grant seekers, the realistic conclusion is this: Victor Foundation should not be treated as a prospect to cold-apply to. There is no LOI-to-full-proposal-to-site-visit funnel because there is no public funnel at all — every dollar traced in the record went to an organization the family already knew. The only credible path in is relationship-based: a program officer, board member, or major-donor introduction at one of the recurring grantee organizations (especially Minneapolis Jewish Federation, Temple Israel, JCRC, or Planned Parenthood North Central States), or an alumni/advancement-office connection at one of the five repeat university recipients. Organizations without a Minneapolis-Jewish-community or Barrows-family-university tie should deprioritize this funder in favor of foundations that publish an active process.
Victor Foundation's typical grant size in its most recent full fiscal year on record (FY2023) is small: median $5,000, average $8,866, ranging from $250 to $50,000 across 29 grants. Zooming out across the full historical grantee record (108 tracked grants totaling $813,310, averaging $7,531 each), the pattern holds — this is a foundation of small, repeat, unrestricted gifts, not large one-off awards. The single largest cumulative relationship is Planned Parenthood North Central States at $200,000 across 10 separate gifts, followed by Minneapolis Jewish Federation ($165,000/7 gifts) and Abbott Northwestern Hospital Foundation ($81,000/5 gifts) — each reflecting a sustained multi-year annual commitment rather than one large check. Every one of the 108 tracked grants carries the identical purpose code 'GENERAL OPERATING SUPPORT/ANNUAL GIFT': Victor Foundation does not fund discrete projects, capital campaigns, or program-restricted proposals — it writes annual unrestricted checks to a stable roster. Geographically, Minnesota dominates with 55 of 108 tracked grants (51%), concentrated in Minneapolis-area Jewish communal and health institutions (Minneapolis Jewish Federation, Temple Israel, Abbott Northwestern, JCRC, The Blake School, Minneapolis Institute of Arts, Walker Art Center, Minnesota Orchestra). New York carries 22 grants (20%), largely elite-university gifts (Columbia Law, Columbia Business School, Barnard, Yale, Yale Child Study Center) plus national Jewish organizations headquartered there (American Jewish Joint Distribution Committee, Jewish Agency for Israel). The remaining states — IL (6), CT (9), PA (4), GA (2), DC (2), NJ (2), OR (2), VA (2) — are single-digit tails. On the financial trend line, total giving fell from $521,318 (FY2020) to $267,530 (FY2023), a 49% decline, while total assets rose from $4.85M to $6.39M over the same window — payout is shrinking as a share of a growing endowment. Net investment income of $240,148 in FY2023 alone exceeded that year's entire grants-paid figure of $181,072, underscoring that this is an asset-preservation-oriented family foundation, not one racing to deploy capital to new causes.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Victor Foundation | $6.39M | $267,530 (FY23) | Philanthropy & Grantmaking (NTEE T20) | Closed — preselected only, no public process |
| Joseph Francis Wallace Trust (AR) | $6.39M | Not disclosed | Philanthropy & Grantmaking | No public website found — likely closed |
| Egide Family Foundation (DE) | $6.39M | Not disclosed | Philanthropy & Grantmaking | Has a live website (egide.org) — process unconfirmed |
| B Attitudes Foundation (UT) | $6.39M | Not disclosed | Philanthropy & Grantmaking | No public website found — likely closed |
| Debbie & Elliot Gibber Family Foundation Inc. (MD) | $6.39M | Not disclosed | Philanthropy & Grantmaking | No public website found — likely closed |
| Lumw Foundation (WI) | $6.39M | Not disclosed | Philanthropy & Grantmaking | No public website found — likely closed |
All five peers sit within roughly $2,500 of Victor Foundation's $6.39M asset base, and all are classified in the identical NTEE T20 (Philanthropy & Grantmaking) category — this is a cohort of small, single-family private foundations of near-identical size rather than a set of programmatically similar grantmakers. Four of the five peers, like Victor Foundation, have no discoverable website or public grants information, reinforcing that a closed, family-directed, no-application model is the norm — not the exception — at this asset tier. Egide Family Foundation is the one outlier with a live site (egide.org), worth a quick check for organizations also prospecting in Delaware, but its process should be independently verified rather than assumed open. Grant seekers should treat this entire peer set as low-probability, relationship-only targets and allocate prospecting time accordingly.
No news coverage, leadership changes, or program announcements specific to Victor Foundation (EIN 42-1652732) surfaced in searches conducted August 2026 — this is consistent with a foundation that has no public-facing communications function (no website of its own, no social media on file, no grants_page_url or opportunities_url in its record). The most recent verified filing data shows FY2024 total revenue of $667,749, up from $584,349 in FY2023, with total assets climbing to $6,387,561 as of the FY2024 filing (updated in the source record 2026-08-15). The last several years show a foundation quietly shrinking its distributions while its endowment grows: grants paid fell from $435,700 in FY2020 to $181,072 in FY2023, and total giving fell from $521,318 to $267,530 over the same period. Contributions received into the foundation were identical — exactly $410,749 — in each of FY2019 through FY2023, strongly suggesting a fixed, formulaic annual transfer from a related family trust or entity rather than active fundraising. No FY2024 grants-paid or total-giving figures were available in the most recent filing data, so whether the multi-year payout decline continues or reverses in the current fiscal year is not yet determinable from public records. Leadership has been stable and unchanged across the years of data reviewed: Robert Lewis Barrows (President), Stephen H. Barrows (Vice President), Linda Masters Barrows (Secretary/Treasurer), Michael C. McQuinn (Vice President), and Lauren K. Macdonald (Assistant Treasurer) — all uncompensated, all appearing identically in each year's officer listing, indicating no recent board turnover.
There is no formal application process to optimize for — application_instructions on file is empty, application_deadline and application_form_url are both null, and the foundation's own metadata flags it as 'preselected only.' The single most important tip is to not waste a generic cold proposal on this funder; it has never appeared to fund an organization it did not already have a pre-existing relationship with, based on the 108-grant historical record. Instead, focus effort on relationship pathways: (1) If your organization already receives support from Minneapolis Jewish Federation, Temple Israel, the Jewish Community Relations Council, American Jewish Joint Distribution Committee, Jewish Agency for Israel, or Planned Parenthood North Central States, ask a program officer or board member there whether they know the Barrows family or Victor Foundation directly — these are the foundation's highest-cumulative-dollar, highest-frequency relationships and the people closest to them are the best-positioned to make an introduction. (2) If your organization is affiliated with Columbia Law School, Columbia Business School, Barnard College, Yale University (including the Yale Child Study Center), or Wesleyan University, route inquiries through the development or alumni-relations office — family-directed giving like this is frequently surfaced through alumni networks rather than public channels. (3) If no relationship path exists, a brief one-page letter of interest (not a full proposal) sent to Victor Foundation, 225 W Wacker Dr Ste 2150, Chicago, IL 60606, Attn: Robert L. Barrows, President, c/o Jack Polsky — with a follow-up call to (312) 621-0590 to confirm receipt — is the only cold-outreach option available, and expectations should be set very low. (4) Any ask, if it gets traction, should be framed as general operating / unrestricted support, since 100% of tracked historical grants use that purpose code — a restricted program or capital request would be off-pattern for this funder. (5) The most reliable low-cost monitoring tactic is to check the foundation's annual IRS Form 990-PF (filed under EIN 42-1652732, viewable via ProPublica's Nonprofit Explorer) each fall for new names appearing in the grants-paid schedule — a new organization entering that list is the clearest real-world signal that the family's circle of giving has expanded, and is worth following up on directly.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
$250
Median Grant
$5K
Average Grant
$9K
Largest Grant
$50K
Based on 29 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.
Victor Foundation's typical grant size in its most recent full fiscal year on record (FY2023) is small: median $5,000, average $8,866, ranging from $250 to $50,000 across 29 grants. Zooming out across the full historical grantee record (108 tracked grants totaling $813,310, averaging $7,531 each), the pattern holds — this is a foundation of small, repeat, unrestricted gifts, not large one-off awards. The single largest cumulative relationship is Planned Parenthood North Central States at $200,00.
Victor Foundation has distributed a total of $813K across 108 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from N/A to $50K.
Victor Foundation is a closely held, unstaffed Barrows-family vehicle with $6.39M in assets (FY2024) that is functionally closed to unsolicited applicants — the DB record flags it as 'preselected only,' and no application form, LOI process, or grants page exists anywhere online. Its grantmaking (108 tracked grants totaling $813,310, averaging $7,531 each) flows almost entirely to a stable roster of organizations tied to the family's personal, geographic, and religious ties rather than through an.
Victor Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 11 states.
Get a weekly digest of new grants for organizations like yours
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Linda Masters Barrows | SECRETARY/TREASURER/DIRECT | $0 | $0 | N/A |
| Robert Lewis Barrows | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Stephen H Barrows | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Michael C Mcquinn | VICE PRESIDENT | $0 | $0 | N/A |
| Lauren K Macdonald | ASSISTANT TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.4M
Fair Market Value
N/A
Net Worth
$6.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
108
Total Giving
$813K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
32
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Temple IsraelGENERAL OPERATING SUPPORT/ANNUAL GIFT | Minneapolis, MN | $12K | 2022 |
| Planned Parenthood North Central StatesGENERAL OPERATING SUPPORT/ANNUAL GIFT | Saint Paul, MN | $50K | 2022 |
| Minneapolis Jewish FederationGENERAL OPERATING SUPPORT/ANNUAL GIFT | Minnetonka, MN | $40K | 2022 |
| Abbott Northwestern Hospital FoundationGENERAL OPERATING SUPPORT/ANNUAL GIFT | Minneapolis, MN | $25K | 2022 |
| Cn FoundationGENERAL OPERATING SUPPORT/ANNUAL GIFT | Washington, DC | $10K | 2022 |
| Erikson InstituteGENERAL OPERATING SUPPORT/ANNUAL GIFT | Chicago, IL | $10K | 2022 |
| American Jewish Joint Distribution CommitteeGENERAL OPERATING SUPPORT/ANNUAL GIFT | New York, NY | $10K | 2022 |
| Jewish Community Relations CouncilGENERAL OPERATING SUPPORT/ANNUAL GIFT | Minneapolis, MN | $10K | 2022 |
| Jewish Agency For IsraelGENERAL OPERATING SUPPORT/ANNUAL GIFT | New York, NY | $10K | 2022 |
| The Blake SchoolGENERAL OPERATING SUPPORT/ANNUAL GIFT | Hopkins, NJ | $5K | 2022 |
| Barnard CollegeGENERAL OPERATING SUPPORT/ANNUAL GIFT | New York, NY | $5K | 2022 |
| Wesleyan UniversityGENERAL OPERATING SUPPORT/ANNUAL GIFT | Middletown, CT | $5K | 2022 |
| Sholom FoundationGENERAL OPERATING SUPPORT/ANNUAL GIFT | St Louis Park, MN | $5K | 2022 |
| Yale Child Study CenterGENERAL OPERATING SUPPORT/ANNUAL GIFT | New Haven, CT | $5K | 2022 |
| Columbia Business SchoolGENERAL OPERATING SUPPORT/ANNUAL GIFT | New York, NY | $5K | 2022 |
| Columbia Law SchoolGENERAL OPERATING SUPPORT/ANNUAL GIFT | New York, NY | $5K | 2022 |
| Start Early (Fka Ounce Of Prevention Fund)GENERAL OPERATING SUPPORT/ANNUAL GIFT | Chicago, IL | $5K | 2022 |
| Minneapolis Society Of Fine Arts (Aka Minneapolis Institute Of Arts)GENERAL OPERATING SUPPORT/ANNUAL GIFT | Minneapolis, MN | $2K | 2022 |