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

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

No grants recorded for .

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

Related Funders

Similar funders by location and focus area

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

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