Ace Hardware Foundation
Ace Hardware Foundation is a private foundation, based in Oak Brook, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.3M in total assets. In 2024, it awarded 2 grants totaling $17.2M. Net investment income was $53K.
Ace Hardware Foundation at a glance
In short: Ace Hardware Foundation gave $17.2M across 2 grants in 2024 (avg $8.6M), mostly in Utah. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $17,195,121
- -0.6% vs 2023
- Grants made (2024)
- 2
- -50.0% vs 2023
- Average grant
- $8,597,561
- +98.7% vs 2023
- Median grant
- $8,597,561
- Total assets
- $10,305,340
- -1.3% vs 2023
- Primary geography
- Utah (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Ace Hardware Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Children's Miracle Network ($17.0M). Together the top 2 received $17.2M.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 6 grants of 16 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Ace Hardware Foundation gives
- Giving grew 23% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $13.0M (2020) to $17.3M (2023). In 2024 it made 2 grants totaling $17.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Miracle Network Salt Lake City, UT | Children's Medical Care | $16,969,041 |
| American Red Cross Washington, DC | Natural Disaster Relief | $226,080 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $10,305,340 | $23,827,498 | $20,831,927 | $17,195,121 | 2 | $20,831,927 | $52,578 | $179,718 |
| 2023 | $10,444,335 | $22,478,127 | $20,613,046 | $17,305,248 | 4 | $20,613,046 | $49,649 | $174,949 |
| 2022 | $12,280,608 | $22,144,186 | $35,091,861 | $16,350,807 | 4 | $35,091,861 | $20,812 | $201,743 |
| 2021 | $10,766,532 | $20,555,073 | $16,263,918 | $13,969,097 | 3 | $16,263,918 | $4,513 | $142,957 |
| 2020 | $8,177,485 | $17,784,562 | $15,070,717 | $12,968,523 | 3 | — | $8,515 | $143,736 |
Under IRS private-foundation payout rules, Ace Hardware Foundation reported a distributable amount of $180K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ace Hardware Foundation is led by Kane C. Calamari, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kane C. Calamari
President
On filings since 2020
1 hr/week
No compensation reported
Harry D. Oliver IV
Assistant Treasurer
On filings since 2020
1 hr/week
No compensation reported
Jennifer M. Glombicki
Assistant Secretary
On filings since 2020
1 hr/week
No compensation reported
Kerilyn M. Johnson
Secretary
On filings since 2020
1 hr/week
No compensation reported
William M. Guzik
Vice President & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Mary V. Donato (2020–2022) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Ace Hardware Foundation
How much does Ace Hardware Foundation give each year?
Ace Hardware Foundation gave $17.2M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $17.3M across 4 grants.
How large is Ace Hardware Foundation?
Ace Hardware Foundation reported $10.3M in total assets on its 2024 IRS Form 990-PF. It paid out $20.8M in qualifying distributions that year, against a required minimum of $180K (roughly 5% of its investment assets).
Where does Ace Hardware Foundation operate?
Ace Hardware Foundation has awarded grants in District of Columbia, Illinois, Tennessee, Utah.
What is Ace Hardware Foundation's EIN?
Ace Hardware Foundation's EIN (Employer Identification Number) is 36-3820478. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Added Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
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