Fab 5 Foundation is a nonprofit organization focused on Recreation & Sports, based in Glencoe, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 8 grants totaling $54K.
Key facts about Fab 5 Foundation
- EIN
- 47-2545162
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $53,500
- Grants made (2024)
- 8
- Average grant
- $6,688
- Median grant
- $3,750
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Fab 5 Foundation funds
By grant dollars, the top recipient states for Fab 5 Foundation's 8 itemized 2024 grants were Illinois (100%). The most frequent recipient cities were Glencoe, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Fab 5 Foundation gives
- Giving fell 62% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Fab 5 Foundation
- How to evaluate Fab 5 Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$54K
-69.8% YoY
Grant Count
8
-55.6% YoY
Avg Grant Size
$7K
-32.1% YoY
About Fab 5 Foundation
Based on IRS filings
Fab 5 Foundation is a nonprofit organization focused on Recreation & Sports, based in Glencoe, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 8 grants totaling $54K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Am Shalom ($18,500), Israel Sports Center for the Disabled- Iscd ($10,000), Moran Center for Youth Advocacy ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AM SHALOM Glencoe, IL | GENERAL FUNDING | $18,500 |
| ISRAEL SPORTS CENTER FOR THE DISABLED- ISCD Northfield, IL | GENERAL FUNDING | $10,000 |
| MORAN CENTER FOR YOUTH ADVOCACY Evanston, IL | GENERAL FUNDING | $10,000 |
| GLENKIRK Northbrook, IL | GENERAL FUNDING | $5,000 |
| COLLEGE BOUND OPPORTUNITIES Riverwoods, IL | GENERAL FUNDING | $2,500 |
| FOR AUTISTIC KIDS FOUNDATION Glenview, IL | GENERAL FUNDING | $2,500 |
| JCFS CHICAGO Chicago, IL | GENERAL FUNDING | $2,500 |
| FAMILY SERVICES OF GLENCOE Glencoe, IL | GENERAL FUNDING | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jon Michelon | President | 0.5 | — |
| Stacey Michelon | Vice-President | 0.5 | — |
| Alex Michelon | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Fab 5 Foundation?
Fab 5 Foundation is a nonprofit organization focused on Recreation & Sports, based in Glencoe, IL. It holds — in total assets as of 2024.
Where does Fab 5 Foundation operate?
Fab 5 Foundation has awarded grants in Colorado, District of Columbia, Georgia, Illinois, Louisiana, Michigan, New York.
What size grants does Fab 5 Foundation award?
In 2024, Fab 5 Foundation awarded 8 grants totaling $54K — an average of about $7K per grant, based on its IRS Form 990 filings.
What is Fab 5 Foundation's EIN?
Fab 5 Foundation's EIN (Employer Identification Number) is 47-2545162. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.