General Iron Industries Charitable Foundation
General Iron Industries Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$12K
-61.7% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$12K
-23.3% YoY
Under IRS private-foundation payout rules, General Iron Industries Charitable Foundation reported a distributable amount of $558 for 2024 — the minimum it must pay out in qualifying distributions.
About General Iron Industries Charitable Foundation
Based on IRS filings
General Iron Industries Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $12,720 | $44,357 |
| Revenue | $589 | $3,328 | $631 |
| Expenses | $13,309 | $34,965 | $48,515 |
| Qualifying Distributions | $12,375 | $32,475 | $48,500 |
| Net Investment Income | — | — | $631 |
| Distributable Amount | $558 | $899 | $3,176 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Chicago Lighthouse Foundation for the Blind ($11,500).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CHICAGO LIGHTHOUSE FOUNDATION FOR THE BLIND CHICAGO, IL | GENERAL CHARITABLE PURPOSE | $11,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARILYN LABKON | DIRECTOR | 1 | — |
| MARK LABKON | DIRECTOR | 1 | — |
| HOWARD LABKON | DIRECTOR | 1 | — |
| ADAM LABKON | DIRECTOR | 1 | — |
| LINDSEY LEVIN LABKON | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is General Iron Industries Charitable Foundation?
General Iron Industries Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. It holds — in total assets as of 2024.
Where does General Iron Industries Charitable Foundation operate?
General Iron Industries Charitable Foundation has awarded grants in Illinois, New Jersey, New York, Texas.
What size grants does General Iron Industries Charitable Foundation award?
In 2024, General Iron Industries Charitable Foundation awarded 1 grants totaling $12K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is General Iron Industries Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, General Iron Industries Charitable Foundation reported a distributable amount of $558 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is General Iron Industries Charitable Foundation's EIN?
General Iron Industries Charitable Foundation's EIN (Employer Identification Number) is 26-0367916. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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