Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$890K
-1.0% YoY
Annual Giving
$60K
+6.2% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$15K
+6.2% YoY
Ready to take the next step with Cleave Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Illinois $207K (77%)
North Carolina $63K (23%)
States
Cities
ChicagoDurhamGlencoeWilmette
Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $890,253 | $899,492 | $909,915 |
| Revenue | $64,333 | $58,597 | $23,146 |
| Expenses | $73,572 | $69,020 | $69,271 |
| Qualifying Distributions | $62,250 | $58,750 | $58,750 |
| Net Investment Income | $54,238 | $47,153 | $15,782 |
| Distributable Amount | $59,378 | $50,414 | $51,981 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carol Cleave | President/Treasurer | 2 | — |
| Benjamin N Feder | Secretary and Director | 2 | — |
| Karen Vorreiter | Director | 2 | — |
| Barbara Perce | Director | 2 | — |
| Deborah Carlson | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Cleave Family Foundation 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