Frechette Family Foundation

CHICAGO, IL EIN: 31-1530248

The Frechette Family Foundation is a private grantmaking foundation established in 1997 by Pat and Pete Frechette. Based in Chicago, Illinois, with additional operations in Minneapolis, Minnesota, the foundation operates with over $165 million in total assets and has distributed more than $60 million in grants to date, including $47 million over the last five years.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$165.5M

+1.4% YoY

Annual Giving

$7.7M

-12.0% YoY

Grant Count

83

-13.5% YoY

Avg Grant Size

$93K

+1.8% YoY

Under IRS private-foundation payout rules, Frechette Family Foundation reported a distributable amount of $9.2M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to partner with communities to advance opportunities for children and families to grow, thrive, and realize their own idea of well-being. The foundation operates according to core values of compassion, collaboration, humility, joy, transparency, and trust, employing a community-centered approach to philanthropy.

Primary funding priorities include:

  • Stable and Supported Families
  • Healthy and Trauma-informed Workforce
  • Community Capacity and Leadership
  • Collaboration and Partnership
  • Youth experiencing homelessness (through Family Interest Grants program in Chicago)

Grantmaking

Recent grants documented include:

Grant Range

$50,000 - $5,000,000

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Geographic Focus

Where this funder awards grants

The foundation concentrates its grantmaking in two primary regions:

  • Chicago, Illinois
  • Eagle River Valley, Colorado

Grant Distribution by State

21states
+13 more states

Cities

AlexandriaArlingonArlingtonAvonBeaver CreekBerkeleyBostonBoulderChampaignChicagoCortlandCosta MesaDenvilleEagleEdwardsElonFerndaleGlenwood SpringsGrand JunctionGypsum

Financial History

Multi-year comparison from IRS filings

Assets & Annual Giving:

  • Total assets: $165,483,118 (2024)
  • Annual giving: $8.4 million (2024)
  • Total revenues: $11,475,033 (2024)
  • Total expenses: $9,221,200 (2024)

Grant Distribution:

  • Total grants distributed: $7,712,693 (2024)
  • Typical award range: $500,000 - $1,500,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$13M$17M20202021202220232024
Metric202420232022
Total Assets$165,483,118$163,224,916$166,118,560
Revenue$11,475,033$7,240,512$9,318,786
Expenses$9,221,251$10,137,661$10,261,602
Qualifying Distributions$8,401,182$9,425,429$9,485,794
Net Investment Income$10,935,212$6,536,287$8,733,814
Distributable Amount$9,221,965$8,729,445$8,986,255

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$5M$8M$10M1 grants20201 grants202178 grants202296 grants202383 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MASSACHUSETTS GENERAL HO…$650KEDUCARE DC$294KEARLY CHILDHOOD PARTNERS$291KBROADFUTURES$200KEAGLE VALLEY COMMUNITY F…$200KANN & ROBERT H LURIE CHI…$178KA BETTER CHICAGO$153KALL HANDS AND HEARTS SMA…$150KFRIENDS OF THE CHILDREN …$125KHABITAT FOR HUMANITY VAI…$105K

Grant Size Distribution

152 grants across all recorded years

70<$50K20$50–100K39$100–250K8$250–500K9$500K–1M4$1–5M2$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Massachusetts General Hospital ($650,318), Educare Dc ($293,500), Early Childhood Partners ($291,000).

RecipientPurposeAmount
A BETTER CHICAGO CHICAGO, ILGENERAL OPERATING SUPPORT$153,000
ACT FOR ALEXANDRIA ALEXANDRIA, VAGENERAL OPERATING SUPPORT$20,000
A HOUSE IN AUSTIN CHICAGO, ILGENERAL OPERATING SUPPORT$35,000
ALEXANDRIA HOUSING DEVELOPMENT CORPORATION ALEXANDRIA, VAGENERAL OPERATING SUPPORT$5,000
ALIVE ALEXANDRIA, VAFOOD PANTRY PROGRAM$5,000
ALL HANDS AND HEARTS SMART RESPONSE MATTAPOISETT, MAHURRICANE RELIEF$150,000
ALLIANCE FOR GREAT LAKES CHICAGO, ILGENERAL OPERATING SUPPORT$30,000
ALTERNATIVES CHICAGO, ILGENERAL OPERATING SUPPORT$12,000
AMALGAMATED FOUNDATION WASHINGTON, DCHOUSEUS FUND$25,000
AMPT ADVANCING NONPROFITS CHICAGO, ILGENERAL OPERATING SUPPORT$75,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BARBARA N HOFFMANEXECUTIVE DIRECTOR$289K

From 2024 filing

NameTitleHoursCompensation
BARBARA N HOFFMANEXECUTIVE DIRECTOR40$289,000
KATHLEEN F TENHULAPRESIDENT2
KRISTEN F WOOLFOLKVICE PRESIDENT1
PETER A TENHULASECRETARY1
WILLIAM J WOOLFOLKTREASURER1
GRACE TENHULADIRECTOR1

Contact Information

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Frechette Family Foundation fund?

The foundation's mission is to partner with communities to advance opportunities for children and families to grow, thrive, and realize their own idea of well-being. The foundation operates according to core values of compassion, collaboration, humility, joy, transparency, and trust, employing a community-centered approach to philanthropy. Primary funding priorities include: • **Stable and Supported Families** • **Healthy and Trauma-informed Workforce** • **Community Capacity and Leadership** •…

How do I apply for a grant from Frechette Family Foundation?

**Child and Family Well-Being Initiative** • Grant range: $50,000 - $5,000,000 • Application method: Invitation only • Geographic focus: Chicago, IL and Eagle River Valley, CO • Preference for multi-year general operating support **Family Interest Grants (FLAG)** • Grant range: $25,000 - $1,000,000 • Application method: Invitation only • Focus: Youth experiencing homelessness in Chicago • Includes long-standing partner organizations and board member recommendations Recent grants documented incl…

Where does Frechette Family Foundation make grants?

The foundation concentrates its grantmaking in two primary regions: • **Chicago, Illinois** • **Eagle River Valley, Colorado**

What size grants does Frechette Family Foundation award?

In 2024, Frechette Family Foundation awarded 83 grants totaling $7.7M — an average of about $93K per grant, based on its IRS Form 990 filings.

How much is Frechette Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frechette Family Foundation reported a distributable amount of $9.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Frechette Family Foundation's EIN?

Frechette Family Foundation's EIN (Employer Identification Number) is 31-1530248. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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