D & R Legacy Fund
D & R Legacy Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 14 grants totaling $545K. Net investment income was $242K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.5M
-4.2% YoY
Annual Giving
$545K
+19.8% YoY
Grant Count
14
-6.7% YoY
Avg Grant Size
$39K
+28.3% YoY
Under IRS private-foundation payout rules, D & R Legacy Fund reported a distributable amount of $521K for 2024 — the minimum it must pay out in qualifying distributions.
About D & R Legacy Fund
Based on IRS filings
D & R Legacy Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.5M in total assets. In 2024, it awarded 14 grants totaling $545K. Net investment income was $242K.
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 | $6,538,195 | $6,824,118 | $6,968,725 |
| Revenue | $506,563 | $535,466 | $913,061 |
| Expenses | $809,148 | $713,869 | $876,370 |
| Qualifying Distributions | $545,000 | $455,000 | $625,000 |
| Net Investment Income | $242,415 | $276,597 | $661,691 |
| Distributable Amount | $521,296 | $497,422 | $535,716 |
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
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Thresholds ($100,000), Trosa ($80,000), North Shore Senior Center ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Bernie's Book Fund Lake Bluff, IL | Civic & Social | $20,000 |
| Chicago Parks Foundation Chicago, IL | Civic & Social | $10,000 |
| Cradles to Crayons Chicago Chicago, IL | Civic & Social | $25,000 |
| Fill a Heart 4 Kids Lake Forest, IL | Civic & Social | $35,000 |
| Friends of the Highwood Park Public Library Highwood, IL | Civic & Social | $25,000 |
| Illinois Holocaust Museum & Education Center Skokie, IL | Civic & Social | $50,000 |
| Millennium Park Foundation Chicago, IL | Civic & Social | $10,000 |
| North Shore Senior Center Northfield, IL | Civic & Social | $75,000 |
| Northern Illinois Food Bank Geneva, IL | Civic & Social | $30,000 |
| Planned Parenthood Chicago, IL | Civic & Social | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Babette H Rosenthal | Director | — | — |
| Philip D Rosenthal | Director | — | — |
| Samuel L Rosenthal | Director | — | — |
| Martin Rosenthal | Director | — | — |
| Robert H Rosenthal | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is D & R Legacy Fund?
D & R Legacy Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. It holds $6.5M in total assets as of 2024.
How large is D & R Legacy Fund?
As of 2024, D & R Legacy Fund holds $6.5M in total assets with $507K in annual revenue. It awarded 14 grants totaling $545K in 2024.
Where does D & R Legacy Fund operate?
D & R Legacy Fund has awarded grants in Illinois, North Carolina, Wisconsin.
What size grants does D & R Legacy Fund award?
In 2024, D & R Legacy Fund awarded 14 grants totaling $545K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is D & R Legacy Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, D & R Legacy Fund reported a distributable amount of $521K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is D & R Legacy Fund's EIN?
D & R Legacy Fund's EIN (Employer Identification Number) is 86-2554253. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in D & R Legacy Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.