Fred B Snite Foundation
The Fred B Snite Foundation is a private foundation incorporated in Illinois in 1945 and granted tax-exempt status in January 1947. Based in Lake Forest, Illinois, the foundation operates as a 501(c)(3) organization and functions as a grantmaking entity supporting charitable causes aligned with its mission.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.1M
+24.6% YoY
Grant Count
32
+18.5% YoY
Avg Grant Size
$35K
+5.1% YoY
Mission & Focus Areas
The foundation's giving focuses primarily on Roman Catholic church support and church-related educational institutions. The foundation also provides funding for social services. Primary funding interests include education, philanthropy, voluntarism, and grantmaking, with human services as an additional area of support.
Grantmaking
The foundation makes grants ranging from approximately $10,000 to $152,000. Recent grant recipients include:
Ready to take the next step with Fred B Snite Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Illinois, Florida, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2024:
- Total Assets: $15,360,277
- Total Revenues: $327,554
- Total Expenses: $1,219,969
- Investment Income and Dividends: $232,495
- Net Gain from Sale of Non-Inventory Assets: $162,857
- Total Liabilities: $0
The foundation has no employees and generates revenue primarily through investment income and asset sales rather than contributions.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET SACKLEY | PRESIDENT | 5 | $19,900 |
| KATHERINE B MISZKLEVITZ | VICE PRESIDENT | — | — |
| THERESA RASSAS | VICE PRESIDENT | — | — |
| PATRICK SACKLEY | VICE PRESIDENT | — | — |
| LANCE WILLIAMS | VICE PRESIDENT | — | — |
| PATRICIA NAHIGIAN | SECRETARY | 5 | $19,900 |
| LT COLONEL SEAN RASSAS | VICE PRESIDENT | — | — |
| REESE MARCUSSON | TREASURER | 5 | — |
Contact Information
Address: 736 N Western Ave Ste 394, Lake Forest, IL 60045
Telephone: 847-902-9880
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 Fred B Snite Foundation 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