Dunard Fund Usa Ltd
Dunard Fund USA Ltd is a corporate foundation based in Northbrook, Illinois, established around 1993. The organization operates as the United States arm of the Dunard Fund, a major arts and education benefactor with roots in Scotland. The foundation supports organizations involved with arts and culture and education.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$231.8M
+42.6% YoY
Annual Giving
$65.1M
+466.1% YoY
Grant Count
24
+20.0% YoY
Avg Grant Size
$2.7M
+371.8% YoY
Mission & Focus Areas
The Dunard Fund USA focuses on:
- Classical music at the highest standard
- Visual arts education and exhibition at international level
- Architectural preservation and creation
- General support for arts and cultural organizations
- Education initiatives
The fund's strategic approach emphasizes long-term relationships and transformative projects over one-off donations, reflecting a philanthropic philosophy described through the historical concept of the "almoner"—emphasizing quiet duty and obligation rather than public recognition.
Grantmaking
Grant Range
$100,000 to $35,000,000
How to Apply
**
Ready to take the next step with Dunard Fund Usa Ltd?
Geographic Focus
Where this funder awards grants
Primary focus on Scotland with United States operations supporting classical music and visual arts. Recent grantmaking activity shows significant support for organizations in California and New York, with additional activity in Michigan.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $231,781,666
- Total revenues: $68,876,679
- Total expenses: $11,807,129
- Total grants, contributions: $62,625,000
- Investment income and dividends: $6,105,487
- Number of employees: 0
As of 2022:
- Total assets: $162,522,357
- Total revenues: $68,876,679 (2023 comparison)
- Total expenses: $11,807,129 (2023 comparison)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $231,781,666 | $162,522,357 | $105,447,835 |
| Revenue | $135,006,531 | $68,876,679 | $70,889,532 |
| Expenses | $65,747,222 | $11,807,129 | $49,738,319 |
| Qualifying Distributions | $65,148,459 | $11,526,230 | $11,963,613 |
| Net Investment Income | $10,398,801 | $6,536,959 | $800,337 |
| Distributable Amount | $13,474,531 | $9,022,426 | $5,482,927 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The Dunard Fund was established by the Colburn family. Carol Colburn Grigor is a key figure in the fund's operations, having donated more than £100 million to the UK arts sector. The fund's name derives from a house owned by Carol Colburn Grigor and her then-husband in Aberfeldy, Scotland.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROL GRIGOR | PRESIDENT/DIRECTOR/TREASURER | 1 | — |
| DAVID BRADFORD | SECRETARY | 1 | — |
| ANDREA MAYES | ASSISTANT TREASURER | 1 | — |
| KEITH COLBURN | ASSISTANT SECRETARY | 1 | — |
| CATHERINE HOGEL | DIRECTOR | 1 | — |
| FORREST COLBURN | DIRECTOR | 1 | — |
Contact Information
US Office:
- Address: 555 Skokie Blvd Ste 555, Northbrook, IL 60062-2854
- Telephone: 847-480-4690
- EIN: 98-0087034
UK Office:
- Address: c/o J&H Mitchell, 51 Atholl Road, Pitlochry, PH16 5BU, Scotland
- Phone: 0131 556 4043
- Email: [email protected]
- Scottish Charity Number: SC046889
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Dunard Fund Usa Ltd on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities