Corcoran Family Foundation
The Corcoran Family Foundation is a private, independent 501(c)(3) grantmaking foundation based in Winnetka, Illinois. The foundation was established in 2009 and operates as a philanthropic organization supporting various charitable causes across the United States and internationally.
Key facts about Corcoran Family Foundation
- EIN
- 26-1508742
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $335,531
- Grants made (2024)
- 40
- Average grant
- $8,388
- Median grant
- $2,750
- New grantees (estimate)
- 45% first-time grantees (18 of 40, 2024)
- Total assets
- $4,149,277
- Primary geography
- Illinois (72% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Corcoran Family Foundation funds
By grant dollars, the top recipient states for Corcoran Family Foundation's 40 itemized 2024 grants were Illinois (72%), California (8%) and Tennessee (7%). The most frequent recipient cities were Chicago, IL (12 grants), Evanston, IL (3 grants), Wilmette, IL (2 grants) and Golf, IL (2 grants). None of its 40 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (21 grants), "Healthcare" (8 grants) and "Educational" (4 grants).
Is Corcoran Family Foundation open to new grantees?
45%
first-time grantees, 2024
In 2024, 18 of 40 grantees (45%) were first-time recipients. First grants averaged $3K; repeat grants $13K. How we count
Medians: $1K first-time, $10K repeat.
- 48% of 2024 grantees were also funded in 2023. Method
- Giving grew 93% from 2021 to 2024. Method
- In 2024 it paid out 137% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Corcoran Family Foundation
- How to evaluate Corcoran Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Corcoran Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.1M
-1.6% YoY
Annual Giving
$336K
+63.7% YoY
Grant Count
40
+48.1% YoY
Avg Grant Size
$8K
+10.5% YoY
Under IRS private-foundation payout rules, Corcoran Family Foundation reported a distributable amount of $245K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation makes grants across multiple focus areas including education, human services, and nonprofit support. Grant awards typically range from $65 to $43,320, with most grants falling in the $8,000–$10,600 range.
Ready to take the next step with Corcoran Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states and internationally, with particular concentration in:
- California
- Illinois
- Texas
- New York
- Maryland
- Pennsylvania
- Connecticut
- Tennessee
- Wisconsin
The foundation also supports organizations in major cities including Chicago, New York, and London.
Grant Distribution by State
Share of all 40 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent available financial data:
- Total Assets: $4.2 million (2023)
- Annual Revenue: $83,860 (2023)
- Annual Expenses: $252,000 (2023)
- Total Giving: Approximately $205,000–$335,531 (varies by reporting year)
- Average Grant Size: $8,000–$10,600
- Median Grant Size: $9,500
- Number of Grants: Approximately 22–25 grants annually
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,149,277 | $4,218,153 | $4,385,825 |
| Revenue | $290,556 | $83,860 | $218,817 |
| Expenses | $359,432 | $251,532 | $287,146 |
| Qualifying Distributions | $335,531 | $205,015 | $258,550 |
| Net Investment Income | $268,178 | $152,820 | $197,365 |
| Distributable Amount | $244,866 | $232,398 | $227,288 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
146 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Misericordia ($43,320), Loyola Academy ($26,150), Punta Mita Hospital Foundation ($25,250).
| Recipient | Purpose | Amount |
|---|---|---|
| MISERICORDIA Chicago, IL | CHARITABLE | $43,320 |
| LOYOLA ACADEMY Wilmette, IL | EDUCATIONAL | $26,150 |
| PUNTA MITA HOSPITAL FOUNDATION Beverly Hills, CA | HEALTHCARE | $25,250 |
| LOYOLA UNIVERSITY CHICAGO Chicago, IL | EDUCATIONAL | $25,000 |
| ST JOAN OR ARC SCHOOL Evanston, IL | EDUCATIONAL | $25,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL Memphis, TN | HEALTHCARE | $25,000 |
| EVANSTON TOWNSHIP HIGH SCHOOL Evanston, IL | ATHLETICS | $20,363 |
| JOHN O'BRIEN FAMILY FOUNDATION Skokie, IL | HEALTHCARE | $20,000 |
| QUEEN OF ALL SAINTS Chicago, IL | RELIGIOUS | $15,500 |
| BLUEPRINT SPORTS Las Vegas, NV | ATHLETICS | $12,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by:
- Gerald Corcoran – President and Secretary
- Maureen Corcoran – Vice President and Treasurer
Both individuals serve in their roles without compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gerald Corcoran | President | 1 | — |
| Maureen Corcoran | Vice-President | 1 | — |
| Gerald Corcoran | Secretary | 1 | — |
| Maureen Corcoran | Treasurer | 1 | — |
Contact Information
Address: 523 Hoyt Lane, Winnetka, IL 60093
EIN: 26-1508742
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Corcoran Family Foundation?
The foundation makes grants across multiple focus areas including education, human services, and nonprofit support. Grant awards typically range from $65 to $43,320, with most grants falling in the $8,000–$10,600 range. The foundation indicates it is open to new applicants, with approximately 12% of new applicants receiving funding.
Where does Corcoran Family Foundation make grants?
The foundation supports organizations across multiple states and internationally, with particular concentration in: • California • Illinois • Texas • New York • Maryland • Pennsylvania • Connecticut • Tennessee • Wisconsin The foundation also supports organizations in major cities including Chicago, New York, and London.
What size grants does Corcoran Family Foundation award?
In 2024, Corcoran Family Foundation awarded 40 grants totaling $336K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Corcoran Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Corcoran Family Foundation reported a distributable amount of $245K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Corcoran Family Foundation's EIN?
Corcoran Family Foundation's EIN (Employer Identification Number) is 26-1508742. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Corcoran Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Baird Foundation Inc
Milwaukee, WI
Assets
—
Grants
3,751
Total Given
$6.6M
Ge Aerospace Foundation
Norwalk, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
Arthur J Gallagher Foundation
Rolling Meadows, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
Northbrook, IL
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
Assets
$885.0M
Grants
1,485
Total Given
$31.9M
Baxter International Foundation
Deerfield, IL
Assets
$67.5M
Grants
1,300
Total Given
$13.7M
John D and Catherine T Macarthur
Chicago, IL
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
Chicago, IL
Assets
—
Grants
897
Total Given
$115.2M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
More Funders in Illinois
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.