Donald Krasner Charitable Foundation

Foundation · Grantmaker Chicago, IL EIN: 61-1948333

Donald Krasner Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5.4M in total assets. In 2025, it awarded 2 grants totaling $168K. Net investment income was $283K.

Key facts about Donald Krasner Charitable Foundation

In short: Donald Krasner Charitable Foundation gave $168K across 2 grants in 2025 (avg $84K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
61-1948333
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$168,000
Grants made (2025)
2
Average grant
$84,000
Median grant
$84,000
Total assets
$5,390,406
Primary geography
Illinois (50% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.4M

+3.0% YoY

Annual Giving

$168K

+300.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$84K

+300.0% YoY

Under IRS private-foundation payout rules, Donald Krasner Charitable Foundation reported a distributable amount of $281K for 2025 — the minimum it must pay out in qualifying distributions.

How Donald Krasner Charitable Foundation gives

  • Giving grew 3992% from 2022 to 2025. Method
  • In 2025 it paid out 77% 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

2states

Share of all 2 itemized 2025 grant dollars.

Cities

ChicagoCoral Gables

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants20212 grants20222 grants20232 grants20242 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Temple Beth Sholom: $84KTemple Beth Sholom$84KUniversity of Miami: $84KUniversity of Miami$84K

Grant Size Distribution

8 grants across all recorded years

6<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
TEMPLE BETH SHOLOM Chicago, ILGENERAL SUPPORT$84,000
UNIVERSITY OF MIAMI Coral Gables, FLGENERAL SUPPORT$84,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M20212022202320242025
Metric202520242023
Total Assets$5,390,406$5,232,597$964,617
Revenue$405,025$4,532,080$28,178
Expenses$247,267$90,374$49,915
Qualifying Distributions$216,974$74,293$45,190
Net Investment Income$283,032$323,428$28,455
Distributable Amount$280,863$200,089$48,071

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 1, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 31, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  6. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
  7. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 1, 2023)
  8. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 31, 2024)
  9. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
  10. Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
  11. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Donald Krasner Charitable Foundation's only listed officer is Northern Trust Company, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Northern Trust Company

    Trustee

    On filings since 2021

    40 hrs/week

    $11K (2022) → $69K (2025)

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Northern Trust Company — Trustee: $69KNorthern Trust CompanyTrustee$69K

Frequently asked questions about Donald Krasner Charitable Foundation

How much does Donald Krasner Charitable Foundation give each year?

Donald Krasner Charitable Foundation gave $168K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 2 grants.

How large is Donald Krasner Charitable Foundation?

Donald Krasner Charitable Foundation reported $5.4M in total assets on its 2025 IRS Form 990-PF. It paid out $217K in qualifying distributions that year, against a required minimum of $281K (roughly 5% of its investment assets).

What is Donald Krasner Charitable Foundation?

Donald Krasner Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds $5.4M in total assets as of 2025.

Where does Donald Krasner Charitable Foundation operate?

Donald Krasner Charitable Foundation has awarded grants in Florida, Illinois.

What is Donald Krasner Charitable Foundation's EIN?

Donald Krasner Charitable Foundation's EIN (Employer Identification Number) is 61-1948333. IRS Form 990 filing data is available on this page for 2021–2025.

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

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