Cleave Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $890K in total assets. In 2024, it awarded 4 grants totaling $60K. Net investment income was $54K.
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
Under IRS private-foundation payout rules, Cleave Family Foundation reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.
About Cleave Family Foundation
Based on IRS filings
Cleave Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $890K in total assets. In 2024, it awarded 4 grants totaling $60K. Net investment income was $54K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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
Among its reported 2024 grants, the largest include Planned Parenthood of Illinois ($15,000), Sheridan Shore Sailing School ($15,000), Duke University ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Planned Parenthood of Illinois Chicago, IL | General | $15,000 |
| Sheridan Shore Sailing School Wilmette, IL | General | $15,000 |
| Duke University Durham, NC | General | $15,000 |
| Chicago Botanic Garden Glencoe, IL | General | $15,000 |
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
Frequently Asked Questions
What is Cleave Family Foundation?
Cleave Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. It holds $890K in total assets as of 2024.
How large is Cleave Family Foundation?
As of 2024, Cleave Family Foundation holds $890K in total assets with $64K in annual revenue. It awarded 4 grants totaling $60K in 2024.
Where does Cleave Family Foundation operate?
Cleave Family Foundation has awarded grants in Illinois, North Carolina.
What size grants does Cleave Family Foundation award?
In 2024, Cleave Family Foundation awarded 4 grants totaling $60K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Cleave Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cleave Family Foundation reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cleave Family Foundation's EIN?
Cleave Family Foundation's EIN (Employer Identification Number) is 26-3291424. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cleave Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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