Cloherty Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INVERNESS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $109K in total assets. In 2024, it awarded 1 grants totaling $300. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$109K
+1.5% YoY
Annual Giving
$300
-96.6% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$300
-93.3% YoY
Under IRS private-foundation payout rules, Cloherty Family Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Cloherty Family Foundation
Based on IRS filings
Cloherty Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INVERNESS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $109K in total assets. In 2024, it awarded 1 grants totaling $300. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $109,461 | $107,810 | $106,053 |
| Revenue | $3,492 | $12,331 | $17,878 |
| Expenses | $1,841 | $10,574 | $17,069 |
| Qualifying Distributions | $300 | $8,900 | $15,500 |
| Net Investment Income | $1,951 | $1,657 | — |
| Distributable Amount | $5,457 | $5,228 | $5,199 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Three Lakes Comm Foundation - Veteran's Memorial ($300).
| Recipient | Purpose | Amount |
|---|---|---|
| Three Lakes Comm Foundation - Veteran's Memorial Three Lakes, WI | Charitable - for community enrichment | $300 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael J Cloherty | President Treasurer Director | 1 | — |
| Donna L Cloherty | Secretary Director | 0.02 | — |
| Maureen A Ross | Director | 0.02 | — |
| Cathleen P Knauss | Director | 0.02 | — |
| Michael J Cloherty Jr | Director | 0.02 | — |
| Thomas P Cloherty | Director | 0.02 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cloherty Family Foundation?
Cloherty Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INVERNESS, IL. It holds $109K in total assets as of 2024.
How large is Cloherty Family Foundation?
As of 2024, Cloherty Family Foundation holds $109K in total assets with $3K in annual revenue. It awarded 1 grants totaling $300 in 2024.
Where does Cloherty Family Foundation operate?
Cloherty Family Foundation has awarded grants in Illinois, New York, Tennessee, Wisconsin.
What size grants does Cloherty Family Foundation award?
In 2024, Cloherty Family Foundation awarded 1 grants totaling $300 — an average of about $300 per grant, based on its IRS Form 990 filings.
How much is Cloherty Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cloherty Family Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cloherty Family Foundation's EIN?
Cloherty Family Foundation's EIN (Employer Identification Number) is 83-0401233. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Cloherty 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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