Daniel M Kerrane Jr Foundation
Daniel M Kerrane Jr Foundation is a private foundation, based in WINNETKA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $67K. Net investment income was $87K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+1.4% YoY
Annual Giving
$67K
+0.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$13K
-20.0% YoY
Under IRS private-foundation payout rules, Daniel M Kerrane Jr Foundation reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
About Daniel M Kerrane Jr Foundation
Based on IRS filings
Daniel M Kerrane Jr Foundation is a private foundation, based in WINNETKA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 5 grants totaling $67K. Net investment income was $87K.
Ready to take the next step with Daniel M Kerrane Jr Foundation?
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 | $1,583,654 | $1,562,199 | $1,559,374 |
| Revenue | $104,806 | $88,225 | $135,143 |
| Expenses | $87,392 | $84,417 | $103,339 |
| Qualifying Distributions | $67,000 | $67,000 | $83,980 |
| Net Investment Income | $87,304 | $74,663 | $122,494 |
| Distributable Amount | $82,132 | $64,903 | $65,438 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Loyola Academy ($20,000), Covenant House New Jersey ($15,000), Dare 2 Tri ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COVENANT HOUSE NEW JERSEY NEWARK, NJ | GENERAL PURPOSES | $15,000 |
| DARE 2 TRI CHICAGO, IL | GENERAL PURPOSES | $15,000 |
| LOYOLA ACADEMY WILMETTE, IL | GENERAL PURPOSES | $20,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | GENERAL PURPOSES | $10,000 |
| LYDIA HOME EVANSTON, IL | GENERAL PURPOSES | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYNETTE KERRANE-DARRAGH | TRUSTEE | 1 | — |
| ERIC WOJCIKIEWICZ | TRUSTEE | 0.25 | — |
| DAVID SCHERER | TRUSTEE | 0.25 | — |
Frequently Asked Questions
How large is Daniel M Kerrane Jr Foundation?
As of 2024, Daniel M Kerrane Jr Foundation holds $1.6M in total assets with $105K in annual revenue. It awarded 5 grants totaling $67K in 2024.
Where does Daniel M Kerrane Jr Foundation operate?
Daniel M Kerrane Jr Foundation has awarded grants in California, Illinois, Minnesota, New Jersey, Oklahoma, Pennsylvania, Tennessee.
What size grants does Daniel M Kerrane Jr Foundation award?
In 2024, Daniel M Kerrane Jr Foundation awarded 5 grants totaling $67K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Daniel M Kerrane Jr Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Daniel M Kerrane Jr Foundation reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Daniel M Kerrane Jr Foundation's EIN?
Daniel M Kerrane Jr Foundation's EIN (Employer Identification Number) is 26-0725242. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Daniel M Kerrane Jr 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.