Goldenberg Max Tw M G Foundation
The Goldenberg Max TW M G Foundation is a private foundation based in Chicago, Illinois. Established in 1900, it operates as a grantmaking organization with a single employee. The foundation is also known as the Max Goldenberg Foundation and operates with Harris Trust and Savings Bank as trustee.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
+0.7% YoY
Annual Giving
$366K
-5.7% YoY
Grant Count
43
+4.9% YoY
Avg Grant Size
$9K
-10.1% YoY
Under IRS private-foundation payout rules, Goldenberg Max Tw M G Foundation reported a distributable amount of $479K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily funds general operating purposes and program support across various organizations. Its funding interests span education, philanthropy and voluntarism, and human services.
Grantmaking
The foundation made 42 grants in 2023, with typical award sizes ranging from $1,000 to $35,000. Recent grantees have included:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Illinois, Kentucky, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2023:
- Total assets: $6,129,906
- Total revenues: $374,832
- Total expenses: $474,062
- Investment income and dividends: $164,750
- Number of employees: 1
The foundation's revenue is primarily derived from investment income and dividends rather than contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,173,366 | $6,129,906 | $6,220,208 |
| Revenue | $511,735 | $374,832 | $-15,747 |
| Expenses | $468,446 | $474,062 | $531,957 |
| Qualifying Distributions | $413,150 | $429,439 | $482,879 |
| Net Investment Income | $464,150 | $331,927 | $109,173 |
| Distributable Amount | $478,701 | $417,974 | $420,750 |
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 2024
Grant Size Distribution
202 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Loyola University of Chicago ($25,000), American Cancer Society ($20,000), National Jewish Health ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHWESTERN UNIVERSITY CHICAGO, IL | PROGRAM SUPPORT | $15,000 |
| AMERICAN CANCER SOCIETY CHICAGO, IL | PROGRAM SUPPORT | $20,000 |
| NORTH PARK UNIVERSITY CHICAGO, IL | PROGRAM SUPPORT | $10,000 |
| MUSEUM OF SCIENCE AND INDUSTRY CHICAGO, IL | PROGRAM SUPPORT | $3,000 |
| THE CHICAGO LIGHTHOUSE CHICAGO, IL | PROGRAM SUPPORT | $10,000 |
| JEWISH FEDERATION OF METRO CHICAGO CHICAGO, IL | PROGRAM SUPPORT | $10,000 |
| ROOSEVELT UNIVERSITY CHICAGO, IL | PROGRAM SUPPORT | $15,000 |
| UNIVERSITY OF THE CUMBERLANDS WILLIAMSBURG, KY | PROGRAM SUPPORT | $10,000 |
| THE ARK FOOD PANTRY CHICAGO, IL | PROGRAM SUPPORT | $10,000 |
| AMERICAN DIABETES ASSOCIATION MERRIFIELD, VA | PROGRAM SUPPORT | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BMO BANK N A | TRUSTEE | 2 | $94,271 |
Frequently Asked Questions
What does Goldenberg Max Tw M G Foundation fund?
The foundation primarily funds general operating purposes and program support across various organizations. Its funding interests span education, philanthropy and voluntarism, and human services.
How do I apply for a grant from Goldenberg Max Tw M G Foundation?
The foundation made 42 grants in 2023, with typical award sizes ranging from $1,000 to $35,000. Recent grantees have included: • Roosevelt University ($20,000 for program support) • American Brain Tumor Association ($10,000 for program support) • The Chicago Lighthouse for People Who Are Blind or Visually Impaired ($8,000 for program support) • Northwestern University Total giving in 2023 was $388,000.
Where does Goldenberg Max Tw M G Foundation make grants?
The foundation's grantmaking focuses primarily on Illinois, Kentucky, and Virginia.
What size grants does Goldenberg Max Tw M G Foundation award?
In 2024, Goldenberg Max Tw M G Foundation awarded 43 grants totaling $366K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Goldenberg Max Tw M G Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Goldenberg Max Tw M G Foundation reported a distributable amount of $479K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Goldenberg Max Tw M G Foundation's EIN?
Goldenberg Max Tw M G Foundation's EIN (Employer Identification Number) is 36-2471625. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Goldenberg Max Tw M G Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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