Cagan Foundation

Foundation · Grantmaker Skokie, IL EIN: 81-4009868

Cagan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Skokie, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 6 grants totaling $380K. Net investment income was $202K.

Key facts about Cagan Foundation

EIN: 81-4009868
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $380,000
Grants made (2024): 6
Average grant: $63,333
Median grant: $35,000
Total assets: $2,533,586
Primary geography: Illinois (80% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Cagan Foundation funds

By grant dollars, the top recipient states for Cagan Foundation's 6 itemized 2024 grants were Illinois (80%) and Florida (20%). The most frequent recipient cities were Chicago, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.

How Cagan Foundation gives

Giving grew 375% from 2021 to 2024. Method
In 2024 it paid out 344% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Cagan Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+25.6% YoY

Annual Giving

$380K

+110.4% YoY

Grant Count

-14.3% YoY

Avg Grant Size

$63K

+145.5% YoY

Under IRS private-foundation payout rules, Cagan Foundation reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.

About Cagan Foundation

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 $305K (80%)

Florida $75K (20%)

Share of all 6 itemized 2024 grant dollars.

States

Florida Illinois New Jersey

Cities

ChicagoSkokiePonte Vedra BeachLincolnwoodOrlandoChicaoEvanstonLakelandLakewoodLoughmanPensacola

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,533,586	$2,016,773	$1,399,852
Revenue	$915,609	$800,852	$127,817
Expenses	$406,329	$192,220	$144,340
Qualifying Distributions	$380,000	$180,600	$122,950
Net Investment Income	$202,415	$29,357	$29,325
Distributable Amount	$110,449	$77,285	$73,608

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

27 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Midwest Refuah Health ($225,000), Chabad of South Orlando ($50,000), Congregation Atereth Yehoshua ($35,000).

Recipient	Purpose	Amount
MIDWEST REFUAH HEALTH Chicago, IL	GENERAL OPERATING PURPOSES	$225,000
CHABAD OF SOUTH ORLANDO Orlando, FL	GENERAL OPERATING PURPOSES	$50,000
CONGREGATION ATERETH YEHOSHUA Chicago, IL	GENERAL OPERATING PURPOSES	$35,000
CONGREGATION BHH KESSER MAARIV AL Skokie, IL	GENERAL OPERATING PURPOSES	$35,000
SPCA FLORIDA Lakeland, FL	GENERAL OPERATING PURPOSES	$25,000
CHICAGO CENTER FOR TORAH AND CHESED Lincolnwood, IL	GENERAL OPERATING PURPOSES	$10,000

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
Jeffrey Cagan	President	0.1	—
Sandra Cagan	Secretary	0.1	—
Joseph Gottesman	Treasurer	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Cagan Foundation?

Cagan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Skokie, IL. It holds $2.5M in total assets as of 2024.

How large is Cagan Foundation?

As of 2024, Cagan Foundation holds $2.5M in total assets with $916K in annual revenue. It awarded 6 grants totaling $380K in 2024.

Where does Cagan Foundation operate?

Cagan Foundation has awarded grants in Florida, Illinois, New Jersey.

What size grants does Cagan Foundation award?

In 2024, Cagan Foundation awarded 6 grants totaling $380K — an average of about $63K per grant, based on its IRS Form 990 filings.

How much is Cagan Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cagan Foundation reported a distributable amount of $110K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.