Aldridge Family Foundation Inc

Foundation · Grantmaker Libertyville, IL EIN: 47-2597843

ALDRIDGE FAMILY FOUNDATION INC is a private foundation based in Libertyville, Illinois. Its 2025 filing reports grants to organizations working in areas including type 1 diabetes, education, health care, human services, arts, and recreation.

Key facts about Aldridge Family Foundation Inc

In short: Aldridge Family Foundation Inc gave $2.0M across 31 grants in 2025 (avg $63K), top state Maryland. 35% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
47-2597843
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,954,384
Grants made (2025)
31
Average grant
$63,045
Median grant
$15,000
New grantees (estimate)
35% first-time grantees (11 of 31, 2025)
Total assets
$41,689,797
Primary geography
Maryland (38% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$41.7M

+210.3% YoY

Annual Giving

$2.0M

+92.9% YoY

Grant Count

31

+10.7% YoY

Avg Grant Size

$63K

+74.2% YoY

Under IRS private-foundation payout rules, Aldridge Family Foundation Inc reported a distributable amount of $1.6M for 2025 — the minimum it must pay out in qualifying distributions.

Is Aldridge Family Foundation Inc open to new grantees?

35%

first-time grantees, 2025

In 2025, 11 of 31 grantees (35%) were first-time recipients. First grants averaged $78K; repeat grants $55K. How we count

Medians: $5K first-time, $29K repeat.

  • 58% of 2025 grantees were also funded in 2024. Method
  • Giving grew 198% from 2022 to 2025. Method
  • In 2025 it paid out 119% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its grants include support for health care and type 1 diabetes, education, community services, arts, and recreation. For example, Mayo Clinic describes its mission as providing patient care, education, and research to support health and well-being; Providence St. Mel School describes its mission as providing college-preparatory education to students from preschool through grade 12. Minocqua Winter Park Foundation says it operates and maintains a multisport park for people of all ages and abilities.

Grantmaking

In filing year 2025, the foundation reported 31 grants totaling $1,954,384. Grants ranged from $500 to $750,000, with a median of $15,000.

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Geographic Focus

Where this funder awards grants

In 2025, the largest shares of grant dollars went to recipients in Maryland (38%), Minnesota (22%), Wisconsin (14%), Illinois (8%), and Colorado (5%).

Grant Distribution by State

14states

Share of all 31 itemized 2025 grant dollars.

Cities

ChicagoMinocquaWaukeganBoulderRochesterMadisonOxfordSnowmass VillageVirginia BeachWarrenvilleOmahaEagle RiverLibertyvilleOshkoshPleasant PrairieTuskegeeWoodruffDenverLake ForestMilwaukee

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M17 grants202013 grants202118 grants202219 grants202328 grants202431 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Breakthrough Type 1 Diabetes: $750KBreakthrough Type 1 Diabetes$750KMayo Clinic: $433KMayo Clinic$433KUw Foundation - Wisconsin School of Business: $99KUw Foundation - WisconsinSchool of Business$99KGreen House Scholars: $90KGreen House Scholars$90KMinocqua Winter Park Foundation Inc: $82KMinocqua Winter ParkFoundation Inc$82KMiami University Foundation: $75KMiami University Foundation$75KBeavers Charitable Trust: $50KBeavers Charitable Trust$50KHoward Young Foundation: $50KHoward Young Foundation$50KTuskegee Airmen Inc: $50KTuskegee Airmen Inc$50KLambs Farm: $40KLambs Farm$40K

Grant Size Distribution

109 grants across all recorded years

82<$50K18$50–100K3$100–250K5$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BREAKTHROUGH TYPE 1 DIABETES Hagerstown, MDLEAD THE WAY TO MORE EFFECTIVE SOLUTIONS BY CONNECTING THE BRIGHTEST MINDS TO ADVANCETREATMENTS,INFLUENCE POLICY, AND IMPROVE ACCESS TO CARE.$750,000
MAYO CLINIC Rochester, MNPROVIDE PATIENT CARE, HEALTH INFORMATION FOR TYPE 1 DIABETES$433,334
UW FOUNDATION - WISCONSIN SCHOOL OF BUSINESS Madison, WIEDUCATION SUPPORT$98,500
GREEN HOUSE SCHOLARS Boulder, COCREATE A COMMUNITY OF LEADERS THROUGH FOCUSED EDUCATION$90,000
MINOCQUA WINTER PARK FOUNDATION INC Minocqua, WIPROVIDES OPERATIONAL AND MAINTENANCE SUPPORT FOR A MULTISPORT PARK$82,000
MIAMI UNIVERSITY FOUNDATION Oxford, OHFOSTER THE EDUCATIONAL AND RESEARCH ACTIVITIES OF MIAMI UNIVERSITY$75,000
BEAVERS CHARITABLE TRUST Los Altos, CATHE BEAVERS CHARITABLE TRUST DEVOTES ITS PROCEEDS FOR THE EXCLUSIVE PURPOSE OF ASSISTING STUDENTS ENTERING THE HEAVY CONSTRUCTION INDUSTRY.$50,000
HOWARD YOUNG FOUNDATION Minocqua, WIACTIVELY SEEK & INVEST CHARITABLE SUPPORT-HOWARD YOUNG MEDICAL CENTER/ASPIRUS EAGLE RIVER HOSPITAL.$50,000
TUSKEGEE AIRMEN INC Tuskegee, ALTHROUGH EDUCATION, YOUTH INITIATIVES, AND MORE, WE AIM TO HONOR AND PERPETUATE THE ACHIEVEMENTS OF THE TUSKEGEE AIRMEN.$50,000
LAMBS FARM Libertyville, ILHELPING PEOPLE WITH DEVELOPMENT DISABILITIES LEAD PRODUCTIVE LIVES$40,050

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $41,689,797 $30,540,087 $2,178,700 $1,954,384
2024 $13,436,428 $3,181,803 $1,150,375 $1,013,333
2023 $11,447,391 $6,541,964 $1,064,040 $890,614
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M202020212022202320242025
Metric202520242023
Total Assets$41,689,797$13,436,428$11,447,391
Revenue$30,540,087$3,181,803$6,541,964
Expenses$2,178,700$1,150,375$1,064,040
Qualifying Distributions$1,954,384$1,013,333$890,614
Net Investment Income$2,152,054$1,783,317$1,079,072
Distributable Amount$1,640,910$666,078$367,650

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 14, 2022)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 29, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS June 25, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS June 25, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Kenneth W. Aldridge, Stephen W. Aldridge, and Alex L. Aldridge as directors.

Aldridge Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Alex L. Aldridge

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Kenneth W. Aldridge

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stephen W. Aldridge

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 844 E Rockland Rd, Libertyville, IL 60048
Phone: (847) 680-5200

Frequently asked questions about Aldridge Family Foundation Inc

How much does Aldridge Family Foundation Inc give each year?

Aldridge Family Foundation Inc gave $2.0M across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 28 grants.

What is Aldridge Family Foundation Inc's typical grant size?

Aldridge Family Foundation Inc's median grant in 2025 was $15,000, and its average grant was $63,045, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Aldridge Family Foundation Inc that year got $78K on average.

Where does Aldridge Family Foundation Inc give grants?

Aldridge Family Foundation Inc's top state is Maryland, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Minnesota (22%) and Wisconsin (14%). The most frequent recipient cities were Chicago, IL (6 grants), Minocqua, WI (3 grants) and Waukegan, IL (2 grants).

Does Aldridge Family Foundation Inc give general operating support?

Occasionally: 3% of Aldridge Family Foundation Inc's 2025 grants with a stated purpose (1 of 31) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Aldridge Family Foundation Inc's largest grantees?

Aldridge Family Foundation Inc's largest 2025 grantees include Breakthrough Type 1 Diabetes ($750,000), Mayo Clinic ($433,334) and Uw Foundation - Wisconsin School of Business ($98,500), according to its 2025 IRS Form 990-PF. Together they received 66% of its itemized 2025 grant dollars.

How large is Aldridge Family Foundation Inc?

Aldridge Family Foundation Inc reported $41.7M in total assets on its 2025 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets).

What does Aldridge Family Foundation Inc fund?

No mission statement for the foundation is provided. Its grants include support for health care and type 1 diabetes, education, community services, arts, and recreation. For example, Mayo Clinic describes its mission as providing patient care, education, and research to support health and well-being; Providence St. Mel School describes its mission as providing college-preparatory education to students from preschool through grade 12. Minocqua Winter Park Foundation says it operates and maintain…

How do I apply for a grant from Aldridge Family Foundation Inc?

The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Aldridge Family Foundation Inc's EIN?

Aldridge Family Foundation Inc's EIN (Employer Identification Number) is 47-2597843. IRS Form 990 filing data is available on this page for 2020–2025.

Does Aldridge Family Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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