Albert M Zari Foundation
Albert M Zari Foundation is a private foundation, based in Oak Brook, IL. IRS filing data is available from 2020 through 2026. In 2026, it awarded 1 grant totaling $39K.
Albert M Zari Foundation at a glance
In short: Albert M Zari Foundation gave $39K across 1 grant in 2026 (avg $39K), mostly in Illinois. Source: 2026 IRS Form 990-PF.
- Annual giving (2026)
- $39,000
- -99.4% vs 2025
- Grants made (2026)
- 1
- +0.0% vs 2025
- Average grant
- $39,000
- -99.4% vs 2025
- Median grant
- $39,000
- Primary geography
- Illinois (100% of itemized 2026 grant dollars)
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Albert M Zari Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2026
The largest 2026 recipient was Community Foundation of the Fox River Valley ($39K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 5 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2026 grant dollars on its one itemized grant.
States
Cities
How Albert M Zari Foundation gives
- Giving fell 97% from 2023 to 2026. Method
- In 2026 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 2026, annual grant giving ranged from $39K (2026) to $6.6M (2025). In 2026 it made 1 grant totaling $39K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of the Fox River Valley Aurora, IL | To provide educational scholarships to qualifying students entering college or certain trade schools. | $39,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2026 | — | — | $42,770 | $39,000 | 1 | $40,250 | — | $946 |
| 2025 | $42,770 | $407,001 | $6,700,520 | $6,623,926 | 1 | $6,636,074 | $342,555 | $329,618 |
| 2024 | $4,884,638 | $375,644 | $1,072,302 | $1,000,000 | 1 | $1,003,600 | $303,342 | $321,046 |
| 2023 | $6,373,537 | $190,172 | $1,247,593 | $1,188,000 | 1 | $1,188,000 | $139,022 | $340,786 |
| 2022 | $6,722,713 | $122,814 | $175,757 | $100,000 | 1 | $100,000 | $159,029 | $348,535 |
| 2021 | $7,939,629 | $647,408 | $1,068,017 | $1,000,000 | 1 | $1,000,000 | $579,391 | $411,903 |
| 2020 | $8,167,000 | $527,672 | $575,633 | $500,000 | 1 | — | $286,916 | $377,466 |
Under IRS private-foundation payout rules, Albert M Zari Foundation reported a distributable amount of $946 for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Albert M Zari Foundation's 2026 filing lists 3 officers; none of the 3 officers listed in 2026 report compensation.
Officers on the 2026 filing
Jeffrey Schroeder
Trustee
On filings since 2020
1 hr/week
$4K (2020) → $0 (2026)
Mark Shea
Trustee
On filings since 2020
1 hr/week
$4K (2020) → $0 (2026)
Patricia Brennan Stewart
Trustee
On filings since 2020
1 hr/week
$4K (2020) → $0 (2026)
Former officers (1)
- Former: Robert W. Krone (2020–2025) — Trustee
Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $9K, to Mark Shea (Trustee). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Albert M Zari Foundation
How much does Albert M Zari Foundation give each year?
Albert M Zari Foundation gave $39K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $6.6M across 1 grant.
Where does Albert M Zari Foundation operate?
Albert M Zari Foundation has awarded grants in Illinois.
How much is Albert M Zari Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2026, Albert M Zari Foundation reported a distributable amount of $946 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Albert M Zari Foundation's EIN?
Albert M Zari Foundation's EIN (Employer Identification Number) is 46-4833743. IRS Form 990 filing data is available on this page for 2020–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS July 28, 2026)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 22, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Albert M Zari Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Albert M Zari Foundation's focus areas in our free grants database
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