Gilbert & Jacqueline R Fern Foundation
Gilbert & Jacqueline R Fern Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $162K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-11.5% YoY
Annual Giving
$162K
-5.0% YoY
Grant Count
2
-60.0% YoY
Avg Grant Size
$81K
+137.5% YoY
Under IRS private-foundation payout rules, Gilbert & Jacqueline R Fern Foundation reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.
About Gilbert & Jacqueline R Fern Foundation
Based on IRS filings
Gilbert & Jacqueline R Fern Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 2 grants totaling $162K. Net investment income was $28K.
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 | $1,051,775 | $1,187,858 | $1,293,578 |
| Revenue | $41,657 | $78,205 | $35,732 |
| Expenses | $177,740 | $183,925 | $45,454 |
| Qualifying Distributions | $162,000 | $170,500 | $33,000 |
| Net Investment Income | $27,790 | $59,520 | $23,366 |
| Distributable Amount | $65,386 | $61,804 | $65,643 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Les Turner Als Foundation ($152,000), Alzheimer Association ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER ASSOCIATION CHICAGO, IL | CHARITABLE | $10,000 |
| LES TURNER ALS FOUNDATION CHICAGO, IL | CHARITABLE | $152,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBIN FERN | PRESIDENT | 1 | — |
| RONALD SCHREIBER | VICE PRESIDENT | 1 | — |
| CHARLES GOFEN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gilbert & Jacqueline R Fern Foundation?
Gilbert & Jacqueline R Fern Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.1M in total assets as of 2024.
How large is Gilbert & Jacqueline R Fern Foundation?
As of 2024, Gilbert & Jacqueline R Fern Foundation holds $1.1M in total assets with $42K in annual revenue. It awarded 2 grants totaling $162K in 2024.
Where does Gilbert & Jacqueline R Fern Foundation operate?
Gilbert & Jacqueline R Fern Foundation has awarded grants in Illinois, Kentucky, Tennessee.
What size grants does Gilbert & Jacqueline R Fern Foundation award?
In 2024, Gilbert & Jacqueline R Fern Foundation awarded 2 grants totaling $162K — an average of about $81K per grant, based on its IRS Form 990 filings.
How much is Gilbert & Jacqueline R Fern Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gilbert & Jacqueline R Fern Foundation reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gilbert & Jacqueline R Fern Foundation's EIN?
Gilbert & Jacqueline R Fern Foundation's EIN (Employer Identification Number) is 26-1464104. 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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