Bishop Family Foundation
Bishop Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Glencoe, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 14 grants totaling $126K. Net investment income was $21K.
Key facts about Bishop Family Foundation
- EIN
- 46-4802009
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $125,686
- Grants made (2024)
- 14
- Average grant
- $8,978
- Median grant
- $6,250
- New grantees (estimate)
- 0% first-time grantees (0 of 14, 2024)
- Total assets
- $1,485,328
- Primary geography
- Illinois (47% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Bishop Family Foundation funds
By grant dollars, the top recipient states for Bishop Family Foundation's 14 itemized 2024 grants were Illinois (47%), New Jersey (22%) and Wisconsin (10%). The most frequent recipient cities were Glencoe, IL (4 grants) and Chicago, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Bishop Family Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 14 grantees (0%) were first-time recipients. How we count
- 86% of 2024 grantees were also funded in 2023. Method
- Giving fell 33% from 2021 to 2024. Method
- In 2024 it paid out 167% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Bishop Family Foundation
- How to evaluate Bishop Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+0.1% YoY
Annual Giving
$126K
-2.5% YoY
Grant Count
14
+7.7% YoY
Avg Grant Size
$9K
-9.4% YoY
Under IRS private-foundation payout rules, Bishop Family Foundation reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.
About Bishop Family Foundation
Based on IRS filings
Bishop Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Glencoe, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 14 grants totaling $126K. Net investment income was $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 14 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,485,328 | $1,483,645 | $1,384,528 |
| Revenue | $147,130 | $268,562 | $289,576 |
| Expenses | $141,949 | $188,987 | $185,553 |
| Qualifying Distributions | $125,686 | $128,850 | $138,131 |
| Net Investment Income | $20,747 | $87,097 | $115,359 |
| Distributable Amount | $75,166 | $64,176 | $67,157 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Princeton University ($27,100), Lurie Childrens Hospital Foundation ($20,000), Northwestern University ($15,086).
| Recipient | Purpose | Amount |
|---|---|---|
| PRINCETON UNIVERSITY Princeton, NJ | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $27,100 |
| LURIE CHILDRENS HOSPITAL FOUNDATION Chicago, IL | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $20,000 |
| NORTHWESTERN UNIVERSITY Evanston, IL | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $15,086 |
| STRATFORD FESTIVAL OF AMERICA | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $12,500 |
| WAYLAND ACADEMY Beaver Dam, WI | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $12,500 |
| SESAME WORKSHOP New York, NY | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $10,000 |
| FAMILY SERVICE OF GLENCOE Glencoe, IL | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $7,500 |
| CHICAGO BOTANICAL GARDENS Glencoe, IL | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $5,000 |
| WRITERS THEATRE Glencoe, IL | UNRESTRICTED CHARITABLE CONTRIBUTION | $5,000 |
| CONNECTICUT COLLEGE New London, CT | UNRESTRICTED CHARITABLE CONTRIBUTIONS | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephanie L Bishop | Trustee | 1 | — |
| Frederick E Bishop | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bishop Family Foundation?
Bishop Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Glencoe, IL. It holds $1.5M in total assets as of 2024.
How large is Bishop Family Foundation?
As of 2024, Bishop Family Foundation holds $1.5M in total assets with $147K in annual revenue. It awarded 14 grants totaling $126K in 2024.
Where does Bishop Family Foundation operate?
Bishop Family Foundation has awarded grants in Connecticut, Florida, Iowa, Illinois, Massachusetts, New Jersey, New York, Ohio, Wisconsin.
What size grants does Bishop Family Foundation award?
In 2024, Bishop Family Foundation awarded 14 grants totaling $126K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Bishop Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bishop Family Foundation reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bishop Family Foundation's EIN?
Bishop Family Foundation's EIN (Employer Identification Number) is 46-4802009. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.