David & Carol O'dell Family Foundation
David & Carol O'dell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHOREWOOD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $378K in total assets. In 2024, it awarded 6 grants totaling $42K. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$378K
-7.3% YoY
Annual Giving
$42K
-47.2% YoY
Grant Count
6
-40.0% YoY
Avg Grant Size
$7K
-12.0% YoY
Under IRS private-foundation payout rules, David & Carol O'dell Family Foundation reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.
About David & Carol O'dell Family Foundation
Based on IRS filings
David & Carol O'dell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHOREWOOD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $378K in total assets. In 2024, it awarded 6 grants totaling $42K. Net investment income was $16K.
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 | $377,893 | $407,617 | $459,486 |
| Revenue | $16,326 | $34,179 | $47,637 |
| Expenses | $46,050 | $86,048 | $11,353 |
| Qualifying Distributions | $43,250 | $80,610 | $11,200 |
| Net Investment Income | $16,326 | $34,179 | $47,637 |
| Distributable Amount | $33,349 | $31,050 | $32,384 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New City Church ($25,000), Cedarlake Ministries ($10,000), Friends of Sunny Hill Inc ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CEDARLAKE MINISTRIES CEDARLAKE, IN | GENERAL PURPOSE | $10,000 |
| FRIENDS OF SUNNY HILL INC JOLIET, IL | GENERAL PURPOSE | $2,500 |
| LIGHTWAYS HOSPICE JOLIET, IL | GENERAL PURPOSE | $2,500 |
| NEW CITY CHURCH NAPERVILLE, IL | GENERAL PURPOSE | $25,000 |
| FAITH COMES BY HEARING ALBUQUERQUE, NM | GENERAL PURPOSE | $2,000 |
| ZION LUTHERAN CHURCH NAPERVILLE, IL | GENERAL PURPOSE | $50 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID O'DELL | TRUSTEE | 5 | $595 |
| CAROL O'DELL | TRUSTEE | 5 | $595 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is David & Carol O'dell Family Foundation?
David & Carol O'dell Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SHOREWOOD, IL. It holds $378K in total assets as of 2024.
How large is David & Carol O'dell Family Foundation?
As of 2024, David & Carol O'dell Family Foundation holds $378K in total assets with $16K in annual revenue. It awarded 6 grants totaling $42K in 2024.
Where does David & Carol O'dell Family Foundation operate?
David & Carol O'dell Family Foundation has awarded grants in Florida, Illinois, Indiana, Michigan, Minnesota, New Mexico, Wisconsin.
What size grants does David & Carol O'dell Family Foundation award?
In 2024, David & Carol O'dell Family Foundation awarded 6 grants totaling $42K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is David & Carol O'dell Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Carol O'dell Family Foundation reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is David & Carol O'dell Family Foundation's EIN?
David & Carol O'dell Family Foundation's EIN (Employer Identification Number) is 26-6606804. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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