Helmsmanshipinc is a private foundation focused on Human Services, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $564K in total assets. In 2024, it awarded 17 grants totaling $78K. Net investment income was $176K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$564K
+22.3% YoY
Annual Giving
$78K
+15.5% YoY
Grant Count
17
+6.3% YoY
Avg Grant Size
$5K
+8.7% YoY
Under IRS private-foundation payout rules, Helmsmanshipinc reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Helmsmanshipinc
Based on IRS filings
Helmsmanshipinc is a private foundation focused on Human Services, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $564K in total assets. In 2024, it awarded 17 grants totaling $78K. Net investment income was $176K.
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 | $563,877 | $461,233 | $551,722 |
| Revenue | $380,410 | $-3,323 | $216,754 |
| Expenses | $81,287 | $74,591 | $65,877 |
| Qualifying Distributions | $78,355 | $67,860 | $64,700 |
| Net Investment Income | $176,311 | $2,977 | $195,854 |
| Distributable Amount | $36,083 | $24,830 | — |
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
92 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include 1130 Nautical Donations ($10,000), Oceans Voyage Institute ($10,000), Se Side Exp Incubator ($8,750).
| Recipient | Purpose | Amount |
|---|---|---|
| CANAL CORRIDOR ASSOCIATION LASALLE, IL | NON PROFIT ORGANIZATION | $2,500 |
| GREATER CHICAGO FOOD DEPOSITORY CHICAGO, IL | 501C3 NON PROFIT ORGANIZATION501C3 NON PROFIT PRGANIZATION | $4,000 |
| MEALS ON WHEELS CHICAGO CHICAGO, IL | 501C3 NON PROFIT ORGANIZATION501C3 NON PROFIT ORGANIZATION | $2,500 |
| RECOVERY ON WATER CHICAGO, CA | NON PROFIT ORGANIZATION | $2,500 |
| SALVATION ARMY ALEXANDRIA, VA | NON PROFIT ORGANIZATION | $4,000 |
| SOUTH CHICAGO PARENTS AND FRIENDS CHICAGO, IL | EDUCATIONAL | $2,000 |
| ST PAUL CATHOLIC CHURCH CHICAGO, IL | NON PROFIT ORGANIZATION FOR PEOPLE WITH DISABILITIES | $3,500 |
| VAR MISC ORGANIZED CHARITIES CHICAGO, IL | NON PROFIT ORGANIZATIONEDUCATIONALEDUCATIONALEDUCATIONAL | $6,105 |
| WIREPOINTS WILMETTE, IL | NON PROFIT 501C3 ORGANIZATION | $5,000 |
| MOUNT CARMEL HIGH SCHOOL CHICAGO, IL | NON PROFIT ORGANIZATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN G CROWLEY | PRES/MEMBER/DIRECTOR | — | — |
| KENNETH A KELLY | DIRECTOR | — | — |
| PETER E GOSCHI | SECRETARY/DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Helmsmanshipinc?
Helmsmanshipinc is a private foundation focused on Human Services, based in CHICAGO, IL. It holds $564K in total assets as of 2024.
How large is Helmsmanshipinc?
As of 2024, Helmsmanshipinc holds $564K in total assets with $380K in annual revenue. It awarded 17 grants totaling $78K in 2024.
Where does Helmsmanshipinc operate?
Helmsmanshipinc has awarded grants in California, Illinois, Minnesota, Tennessee, Virginia, Washington.
What size grants does Helmsmanshipinc award?
In 2024, Helmsmanshipinc awarded 17 grants totaling $78K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Helmsmanshipinc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Helmsmanshipinc reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Helmsmanshipinc's EIN?
Helmsmanshipinc's EIN (Employer Identification Number) is 83-2845371. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Helmsmanshipinc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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