Clearwater Capital Foundation

Private foundation · Grantmaker Hoffman Estates, IL EIN: 46-1913926

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

Fellowship Housing: $30KFellowship Housing$30KBridge Youth & Family Services: $26KBridge Youth & Family Services$26KA Giving Heart Foundation: $25KA Giving Heart Foundation$25KFolds of Honor: $20KFolds of Honor$20KGratitude Generation: $5KGratitude Generation$5KAmerican Red Cross: $5KAmerican Red Cross$5KLavelle Law Charities: $4KLavelle Law Charities$4KExcel Beyond 211 (EB211): $4KExcel Beyond 211 (EB211)$4KAnna Miller Foundation: $3KAnna Miller Foundation$3KAllen J Lynch Medal of Honor Veterans Foundation: $3KAllen J Lynch Medal of HonorVeterans Foundation$3K

The largest 2025 recipient was Fellowship Housing ($30K). Together the top 10 received $125K.

Grant Size Distribution

137 grants across all recorded years

137<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

24states

Share of 2025 grant dollars across all 31 itemized grants.

Cities

ChicagoPalatineElginMcHenrySchaumburgRockfordHoffman EstatesKanabGlenviewOwassoVirginia BeachBloomingdaleBooneCrystal LakeHomewoodKansas CityMedinahMorton GroveMount PleasantSouth Elgin

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

$0$50K$100K$150K$200K23 grants2020 20 grants2021 27 grants2022 26 grants2023 33 grants2024 31 grants2025

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

RecipientPurposeAmount
Fellowship Housing Hoffman Estates, ILCharitable Grant/Donations$29,717
Bridge Youth & Family Services Palatine, ILCharitable Grant/Donation$26,335
A Giving Heart Foundation Chicago, ILCharitable Grant/Donation$25,335
Folds of Honor Owasso, OKCharitable Grant/Donation$20,000
Gratitude Generation Deerfield, ILCharitable Grant/Donation$5,000
American Red Cross Boone, IACharitable Grant/Donation$5,000
Lavelle Law Charities Schaumburg, ILCharitable Grant/Donation$4,300
Excel Beyond 211 (EB211) Palatine, ILCharitable Grant/Donation$3,500
Anna Miller Foundation Rockford, ILCharitable Grant/Donation$3,000
Allen J Lynch Medal of Honor Veterans Foundation Mount Pleasant, SCCharitable Grant/Donation$2,500
Your AI grants department

Ready to take the next step with Clearwater Capital Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$227,996$214,452$197,549$143,29631$195,990$13,409$10,175
2024$194,590$215,931$214,618$152,57033$201,065$1,948$10,088
2023$184,946$172,114$158,225$104,94226$149,511—$8,519
2022$150,069$124,936$110,465$71,39227$108,225$762$7,225
2021$149,299$126,673$85,613$59,21920$84,262$1,920$5,927
2020$102,005$92,311$30,160$28,41323——$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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 21, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 2, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  7. 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

Similar Funders

Funders that support many of the same organizations

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

McKesson Foundation Inc

Dallas, TX

The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.

Assets

$1.6M

Grants

76

Total Given

$16.6M

AbbVie Foundation

North Chicago, IL

The AbbVie Foundation funds health equity, access to care, cancer care, community health, and related community-led programs through partnerships and employee initiatives. Its 2025 grants ranged from $8,000 to $15 million, with a median of $25,000; it supports work worldwide, with the largest share of recent grants going to Illinois. It makes grants only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$265.6M

Grants

65

Total Given

$47.1M

Motorola Solutions Foundation

Chicago, IL

The Motorola Solutions Foundation funds first-responder programs and technology and engineering education, especially for under-resourced communities; its 2025 grants had a median of $35,000. It supports organizations worldwide, with priority for communities where Motorola Solutions operates, and accepts unsolicited requests through an annual letter-of-inquiry process, with full applications by invitation.

Assets

$1.2M

Grants

213

Total Given

$12.6M

United Way Worldwide

Alexandria, VA

United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$68.0M

Grants

209

Total Given

$11.4M

Synchrony Foundation

Stamford, CT

In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.

Philanthropy, Voluntarism & Grantmaking

Assets

$72.3M

Grants

394

Total Given

$20.5M

More similar funders

More Funders in Illinois

Cite this profile

Grantable. (2026). Clearwater Capital Foundation funder profile. GrantGraph. Retrieved October 31, 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 2026-10-31. 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.

Clearwater Capital Foundation down — hundreds of funders to go?

Want AI to do this for you?