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Filing year 2024

ANDERSEN-FORMOLO FAMILY FOUNDATION

Chicago, Illinois·EIN 20-1917495·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$616k
Total assets
$12M
Total expenses
$806k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. ANDERSEN-FORMOLO FAMILY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

President/treasurer
Secretary
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$746k

Itemized grants

23

Median grant

$25k

RecipientLocationPurposeAmount
GRACE AND PEACE CHURCHCHICAGO, ILAS NEEDED$100k
NORTH AUSTIN COMMUNITY CENTERCHICAGO, ILAS NEEDED$100k
NATIONAL LOUIS UNIVERSITYCHICAGO, ILAS NEEDED$80k
KIDS FIRST CHICAGO FOR EDUCATIONCHICAGO, ILAS NEEDED$53k
PANCREATIC CANCER ACTION NETWORKEL SEGUNDO, CAAS NEEDED$50k
ASSOCIATION FOR A MORE JUST SOCIETYGRAND RAPIDS, MIAS NEEDED$50k
UNIVERSITY OF WISCONSIN FOUNDATIONMADISON, WIAS NEEDED$33k
NORTH SHORE COUNTRY DAY SCHOOLWINNETKA, ILAS NEEDED$30k
TOGETHER CHICAGOCHICAGO, ILAS NEEDED$25k
SHELDRICK WILDFIRE TRUSTKEAS NEEDED$25k
EMERALD SOUTH ECONOMIC DEVELOPMENTCHICAGO, ILAS NEEDED$25k
SALT AND LIGHT COALITIONCHICAGO, ILAS NEEDED$25k
BY THE HANDCHICAGO, ILAS NEEDED$20k
VARSITY COLLECTIVE CHARITABLE FUND INCMADISON, WIAS NEEDED$20k
CHICAGO COALITION TO END HOMELESSNESSCHICAGO, ILAS NEEDED$20k
PURPLE PROJECTOSWEGO, ILAS NEEDED$20k
SAVE THE CHILDRENFAIRFIELD, CTAS NEEDED$15k
MCBURNEY DISABILITY RESOURCE CENTERMADISON, WIAS NEEDED$10k
PADI AWARE FOUNDATIONRANCHO SANTA MARGARITA, CAAS NEEDED$10k
BREAKTHROUGH URBAN MINISTRIESCHICAGO, ILAS NEEDED$10k
CUMALIKENILWORTH, ILAS NEEDED$10k
WAYFORWARD RESOURCESMIDDLETON, WIAS NEEDED$10k
NO STOMACH FOR CANCERMIDDLETON, WIAS NEEDED$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

ANDERSEN-FORMOLO FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$592k
$579k
2023
$616k
$806k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

ANDERSEN-FORMOLO FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about ANDERSEN-FORMOLO FAMILY FOUNDATION

What are ANDERSEN-FORMOLO FAMILY FOUNDATION's revenue and expenses?

In 2024, ANDERSEN-FORMOLO FAMILY FOUNDATION reported $616k in total revenue and $806k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.