Crain-maling Foundation

Foundation · Grantmaker LAKE FOREST, IL EIN: 20-4310219

The Crain-Maling Foundation is a private independent foundation established in 2007, headquartered in Lake Forest, Illinois. The foundation was created from the division of the Joseph and Bessie Feinberg Foundation. It operates as a 501(c)(3) tax-exempt organization dedicated to supporting education, spiritual growth, cultural activities, and medical research.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.7M

-1.5% YoY

Annual Giving

$1.4M

-4.6% YoY

Grant Count

110

+10.0% YoY

Avg Grant Size

$13K

-13.3% YoY

Under IRS private-foundation payout rules, Crain-maling Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to provide opportunities for innovation in education, spiritual development, sponsorship of cultural events, and advances in medical research.

Primary funding focus areas include:

  • Education and STEM education
  • Spiritual growth and Jewish educational causes
  • Cultural events and cultural enhancement
  • Medical research
  • Jewish nonprofit organizations

Grantmaking

The foundation makes grants primarily in Illinois, New York, and Wisconsin.

Grant Range

$1,000–$165,000

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Geographic Focus

Where this funder awards grants

The foundation funds organizations primarily in:

  • Illinois
  • New York
  • Wisconsin

Grant Distribution by State

22states
+14 more states

Cities

Arlington HeightsBaltimoreBaysideBeachwoodBrookfieldBrooklynBuffalo GroveByfieldCedarhurstChamberlainChampaignChicagoClevelandCliftonColleyvilleConcordDeerfieldDes PlainesEast BrunswickEast Islip

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $32,679,324
  • Total Revenues: $2,399,864
  • Total Expenses: $2,864,599
  • Total Liabilities: $541,000
  • Number of Employees: 3
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$788K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$32,679,324$33,176,772$39,589,700
Revenue$2,399,864$-3,628,283$1,421,476
Expenses$2,864,599$2,802,488$2,693,600
Qualifying Distributions$2,422,022$2,390,852$2,202,690
Net Investment Income$1,870,546$1,511,260$1,476,030
Distributable Amount$1,891,392$1,923,001$2,196,333

Giving Over Time

Total grant dollars and number of grants per year

$0$374K$749K$1M$1M109 grants202086 grants202175 grants2022100 grants2023110 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BAIS CHANA WOMEN INTERNA…$77KCLARION PROJECT INC$55KGASTROINTESTINAL RESEARC…$50KCARING FOR FRIENDS$30KCHAMAH$30KCHICAGO SYMPHONY ORCHESTRA$30KAVNER INSTITUTE$25KCHICAGO FESTIVAL OF ISRA…$25KCONGREGATION HAMERKAZ INC$25KFIDF$25K

Grant Size Distribution

250 grants across all recorded years

235<$50K10$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bais Chana Women International ($77,000), Clarion Project Inc ($55,000), Gastrointestinal Research Foundation ($50,000).

RecipientPurposeAmount
ARF - ANIMAL RESCUE FOUNDATION WHEATON, ILEXEMPT PURPOSE OF THE ORGANIZATION$1,000
ALIYA INTERNATIONAL STUDENT EXCHANGE PROGRAM KNOXVILLE, TNEXEMPT PURPOSE OF THE ORGANIZATION$1,000
AMERICAN FRIENDS OF OPHEL BAS ZION INSTITUTIONS INC CHICAGO, ILEXEMPT PURPOSE OF THE ORGANIZATION$6,000
AMERICAN FRIENDS OF THE RABAM MEDICAL CENTER NEW YORK, NYEXEMPT PURPOSE OF THE ORGANIZATION$1,000
ART INSTITUTE OF CHICAGO CHICAGO, ILEXEMPT PURPOSE OF THE ORGANIZATION$3,000
ASPCA NEW YORK, NYEXEMPT PURPOSE OF THE ORGANIZATION$1,000
ASSOCIATED BETH RIVKA SCHOOL BROOKLYN, NYEXEMPT PURPOSE OF THE ORGANIZATION$10,000
ASSOCIATED TALMUD TORAHS SKOKIE, ILEXEMPT PURPOSE OF THE ORGANIZATION$10,000
AVNER INSTITUTE BROOKLYN, NYEXEMPT PURPOSE OF THE ORGANIZATION$25,000
BAIS CHANA WOMEN INTERNATIONAL BROOKLYN, NYEXEMPT PURPOSE OF THE ORGANIZATION$77,000

Leadership & Key People

Leadership team and compensation from IRS filings

Dr. Michael Maling — Chairman and Chief Executive Officer

  • Clinical psychologist in private practice for over twenty years
  • Staff member at Northwestern Memorial Hospital
  • Faculty member at Northwestern University
  • Trustee at Hendrix College
  • Chairman of the Crain-Maling Center for Jewish Culture
  • Board member of Associated Talmud Torahs and American Friends of Bar-Ilan University
  • Curator board member of Jewish Educational Media (JEM)
  • Former Director of the Joseph and Bessie Feinberg Foundation
  • Recipient of the Arkansas Federation's Tikkun Olam Award

Mrs. Marissa Iancu (Maling) — Co-President/Director

  • Attorney and former second grade teacher
  • Focuses on Jewish educational and community causes

Mrs. Elise Williams (Maling) — Co-President/Director

  • Serves as Foundation Treasurer
  • Oversees day-to-day financial and operational functions

Mrs. Beatrice Crain — Former Chairwoman/CEO/Director (In Memoriam, 1921–2021)

Compensation Overview

From 2024 IRS filing

MICHAEL S MALINGCHAIRPERSON, CEO & DIRECTOR$387KELISE WILLIAMSCO-PRESIDENT, TREASURER & DI…$125KMARISSA IANCUCO-PRESIDENT, SECRETARY & DI…$125K

From 2024 filing

NameTitleHoursCompensation
MICHAEL S MALINGCHAIRPERSON, CEO & DIRECTOR40$386,925
ELISE WILLIAMSCO-PRESIDENT, TREASURER & DIRECTOR40$125,424
MARISSA IANCUCO-PRESIDENT, SECRETARY & DIRECTOR40$125,424

Recent News & Activity

Recent developments and announcements

2026

The foundation sponsors the Crain-Maling Foundation CSO Young Artists Competition in partnership with the Chicago Symphony Orchestra, with applications accepted for the 2026 competition cycle.

Applications for the 2026 Crain-Maling Foundation CSO Young ...

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Crain-maling Foundation fund?

The foundation's mission is to provide opportunities for innovation in education, spiritual development, sponsorship of cultural events, and advances in medical research. Primary funding focus areas include: • Education and STEM education • Spiritual growth and Jewish educational causes • Cultural events and cultural enhancement • Medical research • Jewish nonprofit organizations

How do I apply for a grant from Crain-maling Foundation?

**Grant Activity:** • Total giving in 2024: $1,428,900 • Typical grant range: $1,000–$165,000 • Number of grants: 83 grants made in 2024 **Recent Grant Examples (2024):** • Jewish Educational Media (JEM): $165,000 • Bais Chana Women International: $77,000 • The University of Chicago: $50,000 • Chabad of Wheeling: $5,000 The foundation makes grants primarily in Illinois, New York, and Wisconsin.

Where does Crain-maling Foundation make grants?

The foundation funds organizations primarily in: • Illinois • New York • Wisconsin

What size grants does Crain-maling Foundation award?

In 2024, Crain-maling Foundation awarded 110 grants totaling $1.4M — an average of about $13K per grant, based on its IRS Form 990 filings.

How much is Crain-maling Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Crain-maling Foundation reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Crain-maling Foundation's EIN?

Crain-maling Foundation's EIN (Employer Identification Number) is 20-4310219. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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