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W & M Krug Family Foundation is a private corporation based in BURR RIDGE, IL. The foundation received its IRS ruling in 2014. It holds total assets of $223K. Annual income is reported at $20K. Total assets have decreased from $521K in 2013 to $237K in 2023. The foundation is governed by 2 officers and trustees. Education-Scholarship Assistance to Needy and Deserving Student. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, W & M Krug Family Foundation has made 14 grants totaling $53K, with a median grant of $850. Individual grants have ranged from $250 to $20K, with an average award of $4K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Illinois and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$5K
Largest Grant
$25K
Based on 19 grants from the most recent 990-PF filing.
Education-Scholarship Assistance to Needy and Deserving Student
Expenses: $46K
Religious-Contributed to the upkeeping and well being of church and ministries
Expenses: $33K
To help fight homelessness and hunger
Expenses: $7K
To improve the health of persons at risk
Expenses: $5K
Education-Scholarship Assistance to Needy and Deserving Student. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL, FL.
W & M Krug Family Foundation has distributed a total of $53K across 14 grants. The median grant size is $850, with an average of $4K. Individual grants have ranged from $250 to $20K.
W & M Krug Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
W & M Krug Family Foundation is headquartered in BURR RIDGE, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marta R Krug | Treasurer | $0 | $0 | N/A |
| William J Krug | President | $0 | $0 | N/A |
Total Giving
$40K
Total Assets
$237K
Fair Market Value
$237K
Net Worth
$237K
Grants Paid
$33K
Contributions
$30K
Net Investment Income
N/A
Distribution Amount
$12K
Total Grants
14
Total Giving
$53K
Average Grant
$4K
Median Grant
$850
Unique Recipients
14
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fenwick High SchoolEducation | Oak Park, IL | $20K | 2022 |
| San Miguel SchoolEducational Scholarships | Chicago, IL | $18K | 2022 |
| Sarah'S CircleHomelessness | Chicago, IL | $5K | 2022 |
| Children'S Welfare And DevelopmentHealth & Welfare | Elmhurst, IL | $5K | 2022 |
| Lurie'S Children'S Hospital Of Chicago FoundationMedical | Chicago, IL | $1K | 2022 |
| St Matthews House IncHealth & Welfare | Naples, FL | $1K | 2022 |
| Morningstar Mission MinistriesHealth, Welfare & Homelessness | Joliet, IL | $1K | 2022 |
| St John The Evangelist ChurchReligious | Naples, FL | $700 | 2022 |
| St John Of The Cross ChurchReligious | Western Springs, IL | $500 | 2022 |
| Women'S Care Center Of LagrangeHealth & Welfare | La Grange, IL | $500 | 2022 |
| Jamaica OutreachHealth & Welfare | Naples, FL | $500 | 2022 |
| Glen Oaks Hospital FoundationHealth & Welfare | Glendale Heights, IL | $250 | 2022 |
| Mt Carmel High SchoolEducation | Chicago, IL | $250 | 2022 |
| GirlforwardHealth & Welfare | Chicago, IL | $250 | 2022 |