Aronovitz Family Foundation Inc

CHICAGO, IL EIN: 84-3019453

Aronovitz Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 2 grants totaling $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6K

+84.4% YoY

Annual Giving

$8K

-51.6% YoY

Grant Count

-50.0% YoY

Avg Grant Size

$4K

-3.1% YoY

Under IRS private-foundation payout rules, Aronovitz Family Foundation Inc reported a distributable amount of $307 for 2024 — the minimum it must pay out in qualifying distributions.

About Aronovitz Family Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $18K (75%)

Pennsylvania $5K (21%)

Maryland $500 (2%)

Washington $500 (2%)

States

Illinois Maryland Pennsylvania Washington

Cities

ChicagoPascoSt Marys CityWynnewood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,048	$3,280	$67,895
Revenue	$28,919	$48,385	$27,205
Expenses	$11,711	$113,000	$75,000
Qualifying Distributions	$10,640	$113,000	$75,000
Net Investment Income	—	—	—
Distributable Amount	$307	$2,326	$3,285

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Save Our Youth Foundation ($7,500), Boxng Out Negativity ($250).

Recipient	Purpose	Amount
SAVE OUR YOUTH FOUNDATION CHICAGO, IL	CHARITABLE	$7,500
BOXNG OUT NEGATIVITY CHICAGO, IL	CHARITABLE	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CORY ARONOVITZ	CHAIRMAN	10	—
CYNTHIA ARONOVITZ	DIRECTOR	1	—
DONNA GHOLAR	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Aronovitz Family Foundation Inc?

Aronovitz Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $6K in total assets as of 2024.

How large is Aronovitz Family Foundation Inc?

As of 2024, Aronovitz Family Foundation Inc holds $6K in total assets with $29K in annual revenue. It awarded 2 grants totaling $8K in 2024.

Where does Aronovitz Family Foundation Inc operate?

Aronovitz Family Foundation Inc has awarded grants in Illinois, Maryland, Pennsylvania, Washington.

What size grants does Aronovitz Family Foundation Inc award?

In 2024, Aronovitz Family Foundation Inc awarded 2 grants totaling $8K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Aronovitz Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aronovitz Family Foundation Inc reported a distributable amount of $307 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Aronovitz Family Foundation Inc's EIN?

Aronovitz Family Foundation Inc's EIN (Employer Identification Number) is 84-3019453. IRS Form 990 filing data is available on this page for 2020–2024.