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William M Hales Foundation is a private corporation based in KENILWORTH, IL. The foundation received its IRS ruling in 1991. It holds total assets of $4.5M. Annual income is reported at $614K. The foundation is governed by 4 officers and trustees. 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, William M Hales Foundation has made 2 grants totaling $704K, with a median grant of $352K. The foundation has distributed between $342K and $362K annually from 2022 to 2023. Individual grants have ranged from $342K to $362K, with an average award of $352K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$10K
Largest Grant
$85K
Based on 25 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.
William M Hales Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in IL.
William M Hales Foundation has distributed a total of $704K across 2 grants. The median grant size is $352K, with an average of $352K. Individual grants have ranged from $342K to $362K.
William M Hales Foundation typically selects its grantees rather than accepting unsolicited proposals.
William M Hales Foundation is headquartered in KENILWORTH, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Erik W Hales | VICE PRESIDENT | $0 | $0 | N/A |
| Rebecca Farrell | SECRETARY | $0 | $0 | N/A |
| Catherine L Hales | PRESIDENT | $0 | $0 | N/A |
| Clara Hales | TREASURER | $0 | $0 | N/A |
Total Giving
$381K
Total Assets
$4.5M
Fair Market Value
$7.5M
Net Worth
$4.5M
Grants Paid
$342K
Contributions
N/A
Net Investment Income
$320K
Distribution Amount
$354K
Total: $4.2M
Total Grants
2
Total Giving
$704K
Average Grant
$352K
Median Grant
$352K
Unique Recipients
1
Most Common Grant
$362K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleGENERAL | See Attached Schedule, IL | $342K | 2023 |