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Zerrusen Family Foundation is a private trust based in TEUTOPOLIS, IL. The foundation received its IRS ruling in 2005. The principal officer is Daniel J Zerrusen. It holds total assets of $2.4M. Annual income is reported at $124K. Total assets have decreased from $8M in 2011 to $2.5M in 2023. 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. Grantmaking is concentrated in Illinois. According to available records, Zerrusen Family Foundation has made 24 grants totaling $655K, with a median grant of $13K. The foundation has distributed between $160K and $330K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $330K distributed across 12 grants. Individual grants have ranged from $5K to $80K, with an average award of $27K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$27K
Largest Grant
$80K
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.
Zerrusen Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in IL.
Zerrusen Family Foundation has distributed a total of $655K across 24 grants. The median grant size is $13K, with an average of $27K. Individual grants have ranged from $5K to $80K.
Zerrusen Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Zerrusen Family Foundation is headquartered in TEUTOPOLIS, IL.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$166K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.5M
Grants Paid
$165K
Contributions
$37K
Net Investment Income
$50K
Distribution Amount
$124K
Total Grants
24
Total Giving
$655K
Average Grant
$27K
Median Grant
$13K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Francis Of Assisi ChurchRELIGIOUS | Teutopolis, IL | $75K | 2022 |
| Teutopolis Educational FoundationEDUCATION | Teutopolis, IL | $50K | 2022 |
| Teutopolis Fire Protection DistrictGOVERNMENT | Teutopolis, IL | $15K | 2022 |
| Catholic CharitiesRELIGIOUS | Teutopolis, IL | $15K | 2022 |
| Effingham County FishGOVERNMENT | Effingham, IL | $5K | 2022 |
| Teutopolis Park DistrictGOVERNMENT | Teutopolis, IL | $5K | 2022 |