De Sole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $41.2M in total assets. In 2024, it awarded 8 grants totaling $160K. Net investment income was $9.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$41.2M
+27.0% YoY
Annual Giving
$160K
Grant Count
8
Avg Grant Size
$20K
Under IRS private-foundation payout rules, De Sole Family Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
About De Sole Family Foundation
Based on IRS filings
De Sole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $41.2M in total assets. In 2024, it awarded 8 grants totaling $160K. Net investment income was $9.0M.
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 |
|---|---|---|
| Total Assets | $41,161,309 | $32,408,598 |
| Revenue | $9,003,644 | $37,580,070 |
| Expenses | $226,452 | $25,839 |
| Qualifying Distributions | $199,145 | — |
| Net Investment Income | $8,983,905 | $81,181 |
| Distributable Amount | $1,856,191 | $224,448 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Aspen Art Museum ($50,000), Mitchelville Historic Park ($50,000), The Madeira School ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASPEN ART MUSEUM ASPEN, CO | PAYMENT 1 OF 3, AIR | $50,000 |
| HUDSON RIVER PARK FRIENDS NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| MEMORIAL SLOAN-KETTERING NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| MITCHELVILLE HISTORIC PARK HILTON HEAD ISLAND, SC | PAYMENT 1 OF 3 FOR | $50,000 |
| ST LUKES SCHOOL NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| THE MADEIRA SCHOOL MCLEAN, VA | GENERAL SUPPORT | $30,000 |
| WASHINGTON MARKET SCHOOL NEW YORK, NY | GENERAL SUPPORT | $5,000 |
| WOODSTOCK BYRDCLIFFE GUILD WOOSTOCK, NY | GENERAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELEANORE R DE SOLE | DIRECTOR | 2 | — |
| ELEANORE L DE SOLE | SECRETARY | 5 | — |
| DOMENICO DE SOLE | DIRECTOR | 4 | — |
| LAURA DE SOLE | PRESIDENT | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is De Sole Family Foundation?
De Sole Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $41.2M in total assets as of 2024.
How large is De Sole Family Foundation?
As of 2024, De Sole Family Foundation holds $41.2M in total assets with $9.0M in annual revenue. It awarded 8 grants totaling $160K in 2024.
Where does De Sole Family Foundation operate?
De Sole Family Foundation has awarded grants in Colorado, New York, South Carolina, Virginia.
What size grants does De Sole Family Foundation award?
In 2024, De Sole Family Foundation awarded 8 grants totaling $160K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is De Sole Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, De Sole Family 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 De Sole Family Foundation's EIN?
De Sole Family Foundation's EIN (Employer Identification Number) is 93-2614371. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in De Sole Family 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.
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