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Filing year 2024

RANDY AND MICHELE MEHRBERG SCHARA FAMILY FOUNDATION

Chicago, Illinois·EIN 26-2026540·NTEE T90 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$492k
Total assets
$831k
Total expenses
$212k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. RANDY AND MICHELE MEHRBERG SCHARA FAMILY FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Secretary & Treasurer
Vice-president

Grants paid

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

Total granted

$201k

Itemized grants

17

Median grant

$5k

RecipientLocationPurposeAmount
MILLENNIUM PARK FOUNDATIONCHICAGO, ILGENERAL FUND$100k
JUPITER MEDICAL CENTER FOUNDATIONJUPITER, FLGENERAL FUND$20k
UNITED WAY OF METRO CHICAGOCHICAGO, ILGENERAL FUND$20k
CURELEMOYNE, PAGENERAL FUND$15k
LINCOLN PARK ZOOCHICAGO, ILGENERAL FUND$13k
HISTORY MAKERSCHICAGO, ILGENERAL FUND$10k
CARPLSCHICAGO, ILGENERAL FUND$5k
COLLEGE POSSIBLECHICAGO, ILGENERAL FUND$5k
UNIVERSITY OF MICHIGAN LAW SCHOOLANN ARBOR, MIGENERAL FUND$5k
WALKING MOUNTAINS SCIENCE CENTERAVON, COGENERAL FUND$3k
GARY COMER YOUTH CENTERCHICAGO, ILGENERAL FUND$1k
THE CHICAGO SCHOOLCHICAGO, ILGENERAL FUND$1k
RESPIRATORY HEALTH ASSNCHICAGO, ILGENERAL FUND$1k
LYMPHOMA & LEUKEMIA SOCIETYRYE BROOK, NYGENERAL FUND$1k
CHALLENGER ATHLETE FDNSAN DIEGO, CAGENERAL FUND$1k
ARTHRITIS FOUNDATIONATLANTA, GAGENERAL FUND$500
JEWISH UNITED FUNDCHICAGO, ILGENERAL FUND$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

RANDY AND MICHELE MEHRBERG SCHARA FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$500k
$160k
2023
$492k
$212k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

RANDY AND MICHELE MEHRBERG SCHARA 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 RANDY AND MICHELE MEHRBERG SCHARA FAMILY FOUNDATION

What are RANDY AND MICHELE MEHRBERG SCHARA FAMILY FOUNDATION's revenue and expenses?

In 2024, RANDY AND MICHELE MEHRBERG SCHARA FAMILY FOUNDATION reported $492k in total revenue and $212k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.