C2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINNETKA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $77K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$305K
-6.2% YoY
Revenue
$82K
+1005.6% YoY
Qualifying Distributions
$3K
Expenses
$4K
+25900.0% YoY
Under IRS private-foundation payout rules, C2 Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About C2 Foundation
Based on IRS filings
C2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINNETKA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $77K.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $305,222 | $325,226 | $310,445 |
| Revenue | $81,859 | $7,404 | $-4,997 |
| Expenses | $3,900 | $15 | $15 |
| Qualifying Distributions | $3,120 | — | — |
| Net Investment Income | $77,179 | $7,389 | $6,371 |
| Distributable Amount | $16,277 | $15,580 | $16,153 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEROME CASTELLINI | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is C2 Foundation?
C2 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WINNETKA, IL. It holds $305K in total assets as of 2024.
How large is C2 Foundation?
As of 2024, C2 Foundation holds $305K in total assets with $82K in annual revenue.
How much is C2 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, C2 Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is C2 Foundation's EIN?
C2 Foundation's EIN (Employer Identification Number) is 20-3959881. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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