Greenwood Philanthropic Fund
Greenwood Philanthropic Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grant totaling $47K. Net investment income was $232K.
Key facts about Greenwood Philanthropic Fund
In short: Greenwood Philanthropic Fund gave $47K across 1 grant in 2025 (avg $47K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- EIN
- 36-4118456
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $47,430
- Grants made (2025)
- 1
- Average grant
- $47,430
- Median grant
- $47,430
- Total assets
- $1,983,717
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.0M
+9.2% YoY
Annual Giving
$47K
-67.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$47K
-67.1% YoY
Under IRS private-foundation payout rules, Greenwood Philanthropic Fund reported a distributable amount of $129K for 2025 — the minimum it must pay out in qualifying distributions.
How Greenwood Philanthropic Fund gives
- Giving fell 65% from 2022 to 2025. Method
- In 2025 it paid out 37% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED Chicago, IL | General Use | $47,430 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,983,717 | $1,817,311 | $1,818,247 |
| Revenue | $242,464 | $170,349 | $130,142 |
| Expenses | $76,058 | $171,285 | $167,459 |
| Qualifying Distributions | $47,430 | $144,230 | $140,428 |
| Net Investment Income | $232,494 | $160,963 | $120,208 |
| Distributable Amount | $129,260 | $119,777 | $108,259 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 31, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 27, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 16, 2026)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
Greenwood Philanthropic Fund is led by Betsy Gidwitz, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Betsy Gidwitz
President
On filings since 2019
No compensation reported
Steven Gidwitz
Director
On filings since 2019
No compensation reported
Kevin O'Keefe
Treasurer
On filings since 2019
No compensation reported
Teri Gidwitz
Vice President
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Greenwood Philanthropic Fund
How much does Greenwood Philanthropic Fund give each year?
Greenwood Philanthropic Fund gave $47K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $144K across 1 grant.
How large is Greenwood Philanthropic Fund?
Greenwood Philanthropic Fund reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $47K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets).
What is Greenwood Philanthropic Fund?
Greenwood Philanthropic Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds $2.0M in total assets as of 2025.
Where does Greenwood Philanthropic Fund operate?
Greenwood Philanthropic Fund has awarded grants in California, District of Columbia, Georgia, Iowa, Illinois, Massachusetts, Minnesota, Nebraska, New York, Virginia, Wisconsin.
What is Greenwood Philanthropic Fund's EIN?
Greenwood Philanthropic Fund's EIN (Employer Identification Number) is 36-4118456. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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