Clearwater Capital Foundation
Clearwater Capital Foundation is a private foundation based in Hoffman Estates, Illinois. Its 2025 filing reports 31 grants totaling $143,296 to organizations in Illinois and other states.
Clearwater Capital Foundation at a glance
In short: Clearwater Capital Foundation gave $143K across 31 grants in 2025 (avg $5K), mostly in Illinois. 55% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $143,296
- -6.1% vs 2024
- Grants made (2025)
- 31
- -6.1% vs 2024
- Average grant
- $4,622
- -0.0% vs 2024
- Median grant
- $1,000
- Total assets
- $227,996
- +17.2% vs 2024
- New grantees (estimate)
- 55% first-time grantees (17 of 31, 2025)
- Primary geography
- Illinois (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Clearwater Capital Foundation
- How to Apply
-
The 2025 filing says the foundation does not restrict giving to preselected organizations. It lists John Sleeting as the contact and requests a written request explaining the reason for the request. The filing states that there are no restrictions on awards.
- Review Cycle
- None listed.
- Deadline
- None listed.
- Contact
Application contact: John Sleeting
Mailing address: 2800 West Higgins Road, Hoffman Estates, IL 60169
Phone: (847) 841-8650
Email: john.sleeting@ccpwealth.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Clearwater Capital Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fellowship Housing ($30K). Together the top 10 received $125K.
Grant Size Distribution
137 grants across all recorded years
The most common grant size was under $50K: 137 grants of 137 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Illinois recipients received 79% of grant dollars, followed by recipients in Oklahoma (14%), Iowa (3%), South Carolina (2%), and Washington, DC (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 31 itemized grants.
States
Cities
Is Clearwater Capital Foundation open to new grantees?
55%
first-time grantees, 2025
In 2025, 17 of 31 grantees (55%) were first-time recipients. First grants averaged $948; repeat grants $9K. How we count
Medians: $1K first-time, $3K repeat.
- 45% of 2025 grantees were also funded in 2024. Method
- Giving grew 101% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $28K (2020) to $153K (2024). In 2025 it made 31 grants totaling $143K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fellowship Housing Hoffman Estates, IL | Charitable Grant/Donations | $29,717 |
| Bridge Youth & Family Services Palatine, IL | Charitable Grant/Donation | $26,335 |
| A Giving Heart Foundation Chicago, IL | Charitable Grant/Donation | $25,335 |
| Folds of Honor Owasso, OK | Charitable Grant/Donation | $20,000 |
| Gratitude Generation Deerfield, IL | Charitable Grant/Donation | $5,000 |
| American Red Cross Boone, IA | Charitable Grant/Donation | $5,000 |
| Lavelle Law Charities Schaumburg, IL | Charitable Grant/Donation | $4,300 |
| Excel Beyond 211 (EB211) Palatine, IL | Charitable Grant/Donation | $3,500 |
| Anna Miller Foundation Rockford, IL | Charitable Grant/Donation | $3,000 |
| Allen J Lynch Medal of Honor Veterans Foundation Mount Pleasant, SC | Charitable Grant/Donation | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $227,996 | $214,452 | $197,549 | $143,296 | 31 | $195,990 | $13,409 | $10,175 |
| 2024 | $194,590 | $215,931 | $214,618 | $152,570 | 33 | $201,065 | $1,948 | $10,088 |
| 2023 | $184,946 | $172,114 | $158,225 | $104,942 | 26 | $149,511 | — | $8,519 |
| 2022 | $150,069 | $124,936 | $110,465 | $71,392 | 27 | $108,225 | $762 | $7,225 |
| 2021 | $149,299 | $126,673 | $85,613 | $59,219 | 20 | $84,262 | $1,920 | $5,927 |
| 2020 | $102,005 | $92,311 | $30,160 | $28,413 | 23 | — | — | $2,022 |
Under IRS private-foundation payout rules, Clearwater Capital Foundation reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The available information does not state a mission for the foundation. Its 2025 grants include support for organizations serving families, children, veterans, and animals, among other causes. For example, Fellowship Housing Corporation says it supports at-risk single mothers and their children through reduced-cost housing and other services; the Allen J. Lynch Medal of Honor Veterans Foundation supports veterans; and Almost Home Foundation rescues homeless dogs and cats. These are the grantees’ descriptions of their own work.
Grantmaking
In 2025, the foundation reported 31 grants totaling $143,296. Grant amounts ranged from $100 to $29,717, with a median of $1,000. Its largest grants included $29,717 to Fellowship Housing in Hoffman Estates, Illinois; $26,335 to Bridge Youth & Family Services in Palatine, Illinois; $25,335 to A Giving Heart Foundation in Chicago, Illinois; and $20,000 to Folds of Honor in Owasso, Oklahoma.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John Sleeting as CEO and director, and John Chapman as secretary and director.
Clearwater Capital Foundation is led by John Sleeting, CEO & Director on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
John Sleeting
CEO & Director
On filings since 2020
0.5 hrs/week
No compensation reported
John Chapman
Secretary & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Al Krause (2020–2024) — CFO & Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Clearwater Capital Foundation
How much does Clearwater Capital Foundation give each year?
Clearwater Capital Foundation gave $143K across 31 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $153K across 33 grants.
What is Clearwater Capital Foundation's typical grant size?
Clearwater Capital Foundation's median grant in 2025 was $1,000, and its average grant was $4,622, across 31 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Clearwater Capital Foundation that year got $948 on average.
Where does Clearwater Capital Foundation give grants?
Clearwater Capital Foundation gives mostly in Illinois: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Oklahoma (14%). The most frequent recipient cities were Palatine, IL (3 grants), Chicago, IL (3 grants), Washington, DC (2 grants) and Kansas City, MO (2 grants).
Does Clearwater Capital Foundation give general operating support?
Not in 2025: none of the 31 grants with a stated purpose on Clearwater Capital Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Grant/Donation" (30 grants).
Who are Clearwater Capital Foundation's largest grantees?
Clearwater Capital Foundation's largest 2025 grantees include Fellowship Housing ($29,717), Bridge Youth & Family Services ($26,335) and A Giving Heart Foundation ($25,335), according to its 2025 IRS Form 990-PF. Together they received 57% of its itemized 2025 grant dollars.
How large is Clearwater Capital Foundation?
Clearwater Capital Foundation reported $228K in total assets on its 2025 IRS Form 990-PF. It paid out $196K in qualifying distributions that year, against a required minimum of $10K (roughly 5% of its investment assets).
What does Clearwater Capital Foundation fund?
The available information does not state a mission for the foundation. Its 2025 grants include support for organizations serving families, children, veterans, and animals, among other causes. See mission & focus areas ↑
How do I apply for a grant from Clearwater Capital Foundation?
The 2025 filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Clearwater Capital Foundation's EIN?
Clearwater Capital Foundation's EIN (Employer Identification Number) is 46-1913926. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 21, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS July 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Clearwater Capital Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Clearwater Capital Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/clearwater-capital-foundation-morg_6a675fdcf88c413ebb1e388bc996b5a8
BibTeX
@misc{grantable_461913926_2026,
author = {{Grantable}},
title = {{Clearwater Capital Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/clearwater-capital-foundation-morg_6a675fdcf88c413ebb1e388bc996b5a8},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Clearwater Capital Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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