Carpe Diem Foundation of Illinois

CHICAGO, IL EIN: 73-1625173

Carpe Diem Foundation of Illinois is a private foundation focused on Education, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28K in total assets. In 2024, it awarded 3 grants totaling $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28K

-14.7% YoY

Annual Giving

$5K

+16.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$2K

+16.7% YoY

Under IRS private-foundation payout rules, Carpe Diem Foundation of Illinois reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Carpe Diem Foundation of Illinois

Based on IRS filings

Carpe Diem Foundation of Illinois is a private foundation focused on Education, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28K in total assets. In 2024, it awarded 3 grants totaling $5K.

Focus Areas

Ready to take the next step with Carpe Diem Foundation of Illinois?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AppletonBloomingtinNeedhamPittsburgh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$3K$5K$7K20202021202220232024
Metric202420232022
Total Assets$27,868$32,671$35,084
Revenue$661$2,948$5,408
Expenses$6,213$5,389$4,893
Qualifying Distributions$5,462$4,525$3,305
Net Investment Income$1,743$4,309
Distributable Amount$1,952$1,847$1,954

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$5K1 grants20201 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

LAWRENCE UNIVERSITY$2KCARNEGIE MELLON U$2KINDIANA UNIVERSITY$2K

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lawrence University ($2,250), Carnegie Mellon U ($1,500), Indiana University ($1,500).

RecipientPurposeAmount
LAWRENCE UNIVERSITY APPLETON, WIFOR THE BENEFIT OF VIVIAN KHAN$2,250
CARNEGIE MELLON U PITTSBURGH, PAFOR THE BENEFIT OF HUDSON ORFE$1,500
INDIANA UNIVERSITY BLOOMINGTIN, IAFOR THE BENEFIT OF ABBY HECK$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GORDON V LEVINEEXECUTIVE DIRECTOR12
MAUREEN LEVINESECRETARY/TREASURER12
CYNTHIA MULLERDIRECTOR3
SHARON BENNETTASST. SEC./TREAS.3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carpe Diem Foundation of Illinois?

Carpe Diem Foundation of Illinois is a private foundation focused on Education, based in CHICAGO, IL. It holds $28K in total assets as of 2024.

How large is Carpe Diem Foundation of Illinois?

As of 2024, Carpe Diem Foundation of Illinois holds $28K in total assets with $661 in annual revenue. It awarded 3 grants totaling $5K in 2024.

Where does Carpe Diem Foundation of Illinois operate?

Carpe Diem Foundation of Illinois has awarded grants in Iowa, Massachusetts, Pennsylvania, Wisconsin.

What size grants does Carpe Diem Foundation of Illinois award?

In 2024, Carpe Diem Foundation of Illinois awarded 3 grants totaling $5K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Carpe Diem Foundation of Illinois required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carpe Diem Foundation of Illinois reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carpe Diem Foundation of Illinois's EIN?

Carpe Diem Foundation of Illinois's EIN (Employer Identification Number) is 73-1625173. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Carpe Diem Foundation of Illinois's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Carpe Diem Foundation of Illinois on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Carpe Diem Foundation of Illinois to a real strategy.

Plan your approach