Gerald a & Karen a Kolschowsky
Gerald a & Karen a Kolschowsky is a private foundation focused on Education, based in DOWNERS GROVE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.3M in total assets. In 2024, it awarded 1 grants totaling $11.7M. Net investment income was $1.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.3M
-8.9% YoY
Annual Giving
$11.7M
+12.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$11.7M
+12.5% YoY
Under IRS private-foundation payout rules, Gerald a & Karen a Kolschowsky reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Gerald a & Karen a Kolschowsky
Based on IRS filings
Gerald a & Karen a Kolschowsky is a private foundation focused on Education, based in DOWNERS GROVE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.3M in total assets. In 2024, it awarded 1 grants totaling $11.7M. Net investment income was $1.2M.
Ready to take the next step with Gerald a & Karen a Kolschowsky?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,297,947 | $32,152,974 | $36,790,347 |
| Revenue | $9,340,969 | $6,104,975 | $6,295,589 |
| Expenses | $12,202,178 | $10,832,382 | $10,130,144 |
| Qualifying Distributions | $12,149,267 | $10,785,399 | $10,089,882 |
| Net Investment Income | $1,188,058 | $1,057,992 | $553,270 |
| Distributable Amount | $1,976,784 | $2,021,722 | $1,251,530 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Schedule ($11,651,365).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE VARIOUS, IL | UNSPECIFIED CHARITABLE CONTRIBUTIONS | $11,651,365 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN A KOLSCHOWSKY | Director | 2 | — |
| GERALD A KOLSCHOWSKY | Director | 2 | — |
| TIMOTHY J KOLSCHOWSKY | President | 20 | — |
| MICHAEL J KOLSCHOWSKY | VP-SEC-TREAS | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gerald a & Karen a Kolschowsky?
Gerald a & Karen a Kolschowsky is a private foundation focused on Education, based in DOWNERS GROVE, IL. It holds $29.3M in total assets as of 2024.
How large is Gerald a & Karen a Kolschowsky?
As of 2024, Gerald a & Karen a Kolschowsky holds $29.3M in total assets with $9.3M in annual revenue. It awarded 1 grants totaling $11.7M in 2024.
Where does Gerald a & Karen a Kolschowsky operate?
Gerald a & Karen a Kolschowsky has awarded grants in Illinois.
What size grants does Gerald a & Karen a Kolschowsky award?
In 2024, Gerald a & Karen a Kolschowsky awarded 1 grants totaling $11.7M — an average of about $11.7M per grant, based on its IRS Form 990 filings.
How much is Gerald a & Karen a Kolschowsky required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gerald a & Karen a Kolschowsky reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gerald a & Karen a Kolschowsky's EIN?
Gerald a & Karen a Kolschowsky's EIN (Employer Identification Number) is 36-3505302. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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