Gruschow Foundation

Private foundation · Grantmaker Chicago, IL EIN: 42-1747157

Gruschow Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $925K in total assets. In 2025, it awarded 2 grants totaling $30K. Net investment income was $33K.

Key facts about Gruschow Foundation

In short: Gruschow Foundation gave $30K across 2 grants in 2025 (avg $15K), mostly in Illinois. Source: 2025 IRS Form 990-PF.

EIN
42-1747157
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$30,000
Grants made (2025)
2
Average grant
$15,000
Median grant
$15,000
Total assets
$924,960
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

$925K

+0.2% YoY

Annual Giving

$30K

-50.0% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$15K

-25.0% YoY

Under IRS private-foundation payout rules, Gruschow Foundation reported a distributable amount of $42K for 2025 — the minimum it must pay out in qualifying distributions.

How Gruschow Foundation gives

  • Giving fell 27% from 2022 to 2025. Method
  • In 2025 it paid out 72% 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

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

ChicagoUrbanaNew YorkWarwick

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $30K (2025) to $1.3M (2021). In 2025 it made 2 grants totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

WTTW Chicago Public Media: $20KWTTW Chicago Public Media$20KLincoln Park Zoo: $10KLincoln Park Zoo$10K

The largest 2025 recipient was WTTW Chicago Public Media ($20K). Together the top 2 received $30K.

Grant Size Distribution

14 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 13 grants of 14 (93%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
WTTW Chicago Public Media Chicago, ILGeneral Operating$20,000
Lincoln Park Zoo Chicago, ILGeneral Operating$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$924,960$922,800$955,396
Revenue$32,586$31,070$28,161
Expenses$30,000$63,281$41,566
Qualifying Distributions$30,000$60,000$39,000
Net Investment Income$32,586$27,789$25,110
Distributable Amount$41,722$41,373$42,831

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 20, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 1, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 29, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 30, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Gruschow Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brian Chou

    Director

    On filings since 2020

    No compensation reported

  • Catherine Kai-Lin Gruschow

    Director

    On filings since 2020

    No compensation reported

  • Lori Chou

    Director

    On filings since 2021

    No compensation reported

Former officers (1)
  • Former: George Marcus Gruschow (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "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 Gruschow Foundation

How much does Gruschow Foundation give each year?

Gruschow Foundation gave $30K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $60K across 3 grants.

How large is Gruschow Foundation?

Gruschow Foundation reported $925K in total assets on its 2025 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $42K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Gruschow Foundation operate?

Gruschow Foundation has awarded grants in Illinois, New York, Rhode Island.

What is Gruschow Foundation's EIN?

Gruschow Foundation's EIN (Employer Identification Number) is 42-1747157. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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