Defrancis Scholarship Fund XXXXX2002

Private foundation · Grantmaker Chicago, IL EIN: 52-7153399

Defrancis Scholarship Fund XXXXX2002 is a private foundation, based in Chicago, IL. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $1.1M in total assets. In 2026, it awarded 1 grant totaling $71K. Net investment income was $95K.

Key facts about Defrancis Scholarship Fund XXXXX2002

In short: Defrancis Scholarship Fund XXXXX2002 gave $71K across 1 grant in 2026 (avg $71K), mostly in New Jersey. Source: 2026 IRS Form 990-PF.

EIN
52-7153399
Latest 990 filing
Form 990-PF, 2026
Annual giving (2026)
$71,401
Grants made (2026)
1
Average grant
$71,401
Median grant
$71,401
Total assets
$1,057,341
Primary geography
New Jersey (100% of itemized 2026 grant dollars)

Data from IRS Form 990-PF, 2026; updated October 2026.

Financial Overview

From 2026 IRS Form 990-PF · View filing

Total Assets

$1.1M

+1.2% YoY

Annual Giving

$71K

+12.2% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$71K

+12.2% YoY

Under IRS private-foundation payout rules, Defrancis Scholarship Fund XXXXX2002 reported a distributable amount of $86K for 2026 — the minimum it must pay out in qualifying distributions.

How Defrancis Scholarship Fund XXXXX2002 gives

  • Giving held roughly steady from 2023 to 2026 (+0%). Method
  • In 2026 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2026 grant dollars on its one itemized grant.

States

Cities

Fairfield

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025 1 grant2026

From 2021 to 2026, annual grant giving ranged from $52K (2021) to $72K (2023). In 2026 it made 1 grant totaling $71K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2026

Unico National: $71KUnico National$71K

The largest 2026 recipient was Unico National ($71K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was in the $50–100K range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Unico National Fairfield, NJGeneral$71,401

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2021 2022 2023 2024 2025 2026
Metric202620252024
Total Assets$1,057,341$1,044,699$1,046,733
Revenue$110,299$85,392$43,548
Expenses$97,657$87,651$85,517
Qualifying Distributions$81,069$72,588$70,220
Net Investment Income$95,299$70,521$26,782
Distributable Amount$86,217$80,330$71,788

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS July 8, 2026)
  2. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Defrancis Scholarship Fund XXXXX2002's only listed officer is JP Morgan Chase Bank NA, Trustee on every filing since 2022 (compensated).

Officers on the 2026 filing

  • JP Morgan Chase Bank NA

    Trustee

    On filings since 2022

    2 hrs/week

    $24K (2022) → $24K (2026)

Former officers (1)
  • Former: JP Morgan Chase Bank N A (2021) — Trustee

Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

JP Morgan Chase Bank NA — Trustee: $24KJP Morgan Chase Bank NATrustee$24K

The highest reported compensation on the 2026 filing was $24K, to JP Morgan Chase Bank NA (Trustee).

Frequently asked questions about Defrancis Scholarship Fund XXXXX2002

How much does Defrancis Scholarship Fund XXXXX2002 give each year?

Defrancis Scholarship Fund XXXXX2002 gave $71K across 1 grant in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $64K across 1 grant.

How large is Defrancis Scholarship Fund XXXXX2002?

Defrancis Scholarship Fund XXXXX2002 reported $1.1M in total assets on its 2026 IRS Form 990-PF. It paid out $81K in qualifying distributions that year, against a required minimum of $86K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Defrancis Scholarship Fund XXXXX2002 operate?

Defrancis Scholarship Fund XXXXX2002 has awarded grants in New Jersey.

What is Defrancis Scholarship Fund XXXXX2002's EIN?

Defrancis Scholarship Fund XXXXX2002's EIN (Employer Identification Number) is 52-7153399. IRS Form 990 filing data is available on this page for 2021–2026.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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