IS15 Foundation is a private foundation focused on Arts, Culture & Humanities, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 2 grants totaling $408K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$156K
+126.5% YoY
Annual Giving
$408K
-64.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$204K
-64.5% YoY
Under IRS private-foundation payout rules, IS15 Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About IS15 Foundation
Based on IRS filings
IS15 Foundation is a private foundation focused on Arts, Culture & Humanities, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $156K in total assets. In 2024, it awarded 2 grants totaling $408K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $156,158 | $68,945 | $491,130 |
| Revenue | $502,388 | $733,703 | $745,603 |
| Expenses | $415,175 | $1,155,888 | $764,803 |
| Qualifying Distributions | $415,175 | $1,155,588 | $764,486 |
| Net Investment Income | $2,388 | $10,496 | $8,885 |
| Distributable Amount | $3,684 | $17,341 | $22,449 |
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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northwestern University ($400,000), Northwestern University ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHWESTERN UNIVERSITY EVANSTON, IL | Kellogg Fifteen Group Undergraduate Real Estate Curriculum Fund and Weinberg College Fifteen Group Undergraduate Real Estate Curriculum Fund | $400,000 |
| NORTHWESTERN UNIVERSITY EVANSTON, IL | Kellogg Real Estate Program and Kellogg Real Estate Advisory Council | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ian Sanders | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is IS15 Foundation?
IS15 Foundation is a private foundation focused on Arts, Culture & Humanities, based in WILMINGTON, DE. It holds $156K in total assets as of 2024.
How large is IS15 Foundation?
As of 2024, IS15 Foundation holds $156K in total assets with $502K in annual revenue. It awarded 2 grants totaling $408K in 2024.
Where does IS15 Foundation operate?
IS15 Foundation has awarded grants in Illinois.
What size grants does IS15 Foundation award?
In 2024, IS15 Foundation awarded 2 grants totaling $408K — an average of about $204K per grant, based on its IRS Form 990 filings.
How much is IS15 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, IS15 Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is IS15 Foundation's EIN?
IS15 Foundation's EIN (Employer Identification Number) is 84-3673529. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in IS15 Foundation'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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