Albert M Zari Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK BROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $303K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
-23.4% YoY
Annual Giving
$1.0M
-15.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.0M
-15.8% YoY
Under IRS private-foundation payout rules, Albert M Zari Foundation reported a distributable amount of $321K for 2024 — the minimum it must pay out in qualifying distributions.
About Albert M Zari Foundation
Based on IRS filings
Albert M Zari Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK BROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 1 grants totaling $1.0M. Net investment income was $303K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,884,638 | $6,373,537 | $6,722,713 |
| Revenue | $375,644 | $190,172 | $122,814 |
| Expenses | $1,072,302 | $1,247,593 | $175,757 |
| Qualifying Distributions | $1,003,600 | $1,188,000 | $100,000 |
| Net Investment Income | $303,342 | $139,022 | $159,029 |
| Distributable Amount | $321,046 | $340,786 | $348,535 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of the Fox River Valley ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOUNDATION OF THE FOX RIVER VALLEY GENEVA, IL | TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO QUALIFYING STUDENTS ENTERING COLLEGE OR CERTAIN TRADE SCHOOLS. | $1,000,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK SHEA | TRUSTEE | 1 | $4,000 |
| PATRICIA BRENNAN STEWART | TRUSTEE | 1 | $4,000 |
| ROBERT W KRONE | TRUSTEE | 1 | $4,000 |
| JEFFREY SCHROEDER | TRUSTEE | 1 | $4,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Albert M Zari Foundation?
Albert M Zari Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK BROOK, IL. It holds $4.9M in total assets as of 2024.
How large is Albert M Zari Foundation?
As of 2024, Albert M Zari Foundation holds $4.9M in total assets with $376K in annual revenue. It awarded 1 grants totaling $1.0M in 2024.
Where does Albert M Zari Foundation operate?
Albert M Zari Foundation has awarded grants in Illinois.
What size grants does Albert M Zari Foundation award?
In 2024, Albert M Zari Foundation awarded 1 grants totaling $1.0M — an average of about $1.0M per grant, based on its IRS Form 990 filings.
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 2024, Albert M Zari Foundation reported a distributable amount of $321K 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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Albert M Zari Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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