Flanagan Family Foundation
Flanagan Family Foundation is a private independent foundation based in Chicago, Illinois (EIN 37-2023452). The foundation was designated as tax-exempt in April 2022 and operates as a 501(c)(3) organization focused on philanthropy and grantmaking.
Key facts about Flanagan Family Foundation
- EIN
- 37-2023452
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $142,918
- Grants made (2025)
- 30
- Average grant
- $4,764
- Median grant
- $2,500
- New grantees (estimate)
- 33% first-time grantees (10 of 30, 2025)
- Total assets
- $998,817
- Primary geography
- Massachusetts (37% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Flanagan Family Foundation funds
By grant dollars, the top recipient states for Flanagan Family Foundation's 30 itemized 2025 grants were Massachusetts (37%), Illinois (33%) and District of Columbia (10%). The most frequent recipient cities were Chicago, IL (7 grants), Washington, DC (5 grants), Evanston, IL (5 grants) and Wilmette, IL (2 grants). None of its 30 grants with a stated purpose were described as general or operating support.
Is Flanagan Family Foundation open to new grantees?
33%
first-time grantees, 2025
In 2025, 10 of 30 grantees (33%) were first-time recipients. First grants averaged $3K; repeat grants $6K. How we count
Medians: $3K first-time, $3K repeat.
- 60% of 2025 grantees were also funded in 2024. Method
- Giving grew 41% from 2022 to 2025. Method
- In 2025 it paid out 268% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Flanagan Family Foundation
- How to evaluate Flanagan Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$999K
-12.6% YoY
Annual Giving
$143K
+9.0% YoY
Grant Count
30
+7.1% YoY
Avg Grant Size
$5K
+1.7% YoY
Under IRS private-foundation payout rules, Flanagan Family Foundation reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation has awarded 81 grants totaling $360,712 across its history. Individual grants range from $250 to $50,000, with a median award of $2,500. In the most recent tax year (2024), the foundation made 28 grants with a median award of $2,000.
Ready to take the next step with Flanagan Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation concentrates its funding primarily in Illinois, which accounts for 59% of grants awarded. Within Illinois, funding is concentrated in Chicago (50%), Evanston (35%), and Carol Stream (4%). The foundation also distributes grants across 13 additional states, including Massachusetts and Virginia.
Grant Distribution by State
Share of all 30 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Tax Year (2025):
- Total Assets: $998,817
- Total Revenue: $10,509 (100% from interest revenue)
- Total Expenses: $154,640
- Charitable Disbursements: $142,918 (92.4% of expenses)
- Net Income: -$144,131
Prior Year (2024):
- Total Assets: $1,142,948
- Total Revenue: $513,854
- Total Expenses: $145,372
- Total Giving: $131,136
The foundation shows a moderate 29% growth trend over two years, indicating stable and gradually increasing funding capacity.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $998,817 | $1,142,948 | $774,466 |
| Revenue | $10,509 | $513,854 | $12,647 |
| Expenses | $154,640 | $145,372 | $131,527 |
| Qualifying Distributions | $142,918 | $131,136 | $127,972 |
| Net Investment Income | — | $7,424 | $7,615 |
| Distributable Amount | $53,384 | $36,181 | $41,222 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2021–2024
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 2025
Grant Size Distribution
111 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Boston College ($50,000), Loyola Academy ($15,000), Aclu ($5,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON COLLEGE Chestnut Hill, MA | To support educational institutions | $50,000 |
| Loyola Academy Wilmette, IL | To support the education of students for meaningful lives of leadership and service in imitation of the Jesult Catholic tradition. | $15,000 |
| ACLU New York, NY | To support efforts in defending the rights of all people nationwide. | $5,500 |
| SOLIDARITY BRIDGE Evanston, IL | Essential health care services provided to people in need | $5,250 |
| ACADEMY AT ST JOAN OF ARC Evanston, IL | TO SUPPORT EDUCATIONAL INSTITUTIONS IN THE GREATER CHICAGO AREA | $5,052 |
| St Vincent DePaul Society Schaumburg, IL | To provide a variety of humanitarian services to people in need by building personal relationships | $5,000 |
| KU Endowment Lawrence, KS | To support education, research, and student programs at the University of Kansas. | $5,000 |
| Islamic Relief USA Alexandria, VA | To provide rapid relief in the event of human and natural disasters | $4,000 |
| American Red Cross Washington, DC | To support humanitarian efforts in alleviating human suffering in time of emergencies. | $4,000 |
| REACH OUT AND READ IL Chicago, IL | To promote reading to young children in low-income communities | $3,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Larkin Flanagan — President and Director
- Catherine Flanagan — Treasurer and Director
- Caitlin Flanagan — Secretary and Director
- Kelly Flanagan — Director
Flanagan Family Foundation is led by Larkin Flanagan, President & Director on every filing since 2021; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Larkin Flanagan
President & Director
On filings since 2021
1 hr/week
No compensation reported
Caitlin Flanagan
Secretary & Director
On filings since 2021
1 hr/week
No compensation reported
Catherine Flanagan
Treasurer & Director
On filings since 2021
1 hr/week
No compensation reported
Conor Flanagan
Director
On filings since 2021
1 hr/week
No compensation reported
Kelly Flanagan
Director
On filings since 2021
1 hr/week
No compensation reported
Larkin Flanagan Jr.
Director
On filings since 2021
1 hr/week
No compensation reported
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.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from Flanagan Family Foundation?
The foundation has awarded 81 grants totaling $360,712 across its history. Individual grants range from $250 to $50,000, with a median award of $2,500. In the most recent tax year (2024), the foundation made 28 grants with a median award of $2,000. The foundation maintains a balanced approach to new applicants, with 43% of recent grantees being new to the foundation, while maintaining ongoing partnerships with established recipients.
Where does Flanagan Family Foundation make grants?
The foundation concentrates its funding primarily in Illinois, which accounts for 59% of grants awarded. Within Illinois, funding is concentrated in Chicago (50%), Evanston (35%), and Carol Stream (4%). The foundation also distributes grants across 13 additional states, including Massachusetts and Virginia.
What size grants does Flanagan Family Foundation award?
In 2025, Flanagan Family Foundation awarded 30 grants totaling $143K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Flanagan Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Flanagan Family Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Flanagan Family Foundation's EIN?
Flanagan Family Foundation's EIN (Employer Identification Number) is 37-2023452. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.