James M Schoonmaker Ii Foundation
The James M Schoonmaker II Foundation is a private foundation based in Chicago, Illinois, established in 1992. The foundation operates as a 501(c)(3) organization with a primary focus on fostering the development of national and international competition in the sports of sailing and yachting, while also supporting healthcare and other charitable initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$160.9M
-1.5% YoY
Annual Giving
$7.8M
+22.1% YoY
Grant Count
26
+13.0% YoY
Avg Grant Size
$301K
+8.0% YoY
Mission & Focus Areas
The foundation's stated purpose is fostering the development of national or international competition in the sports of sailing and yachting. Beyond this core mission, the foundation also prioritizes:
- Healthcare and medical advancement
- Education
- Philanthropy and voluntarism
- Human services
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
How to Apply
**
Ready to take the next step with James M Schoonmaker Ii Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in:
- Florida
- Rhode Island
- Pennsylvania
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $160,902,605
- Total giving: $7,813,000
- Total revenues: $5,785,166
- Total expenses: $8,406,708
- Giving rate: 4.9% of assets
- Number of employees: 1
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $160,902,605 | $163,359,868 | $171,513,537 |
| Revenue | $5,785,166 | $-857,206 | $46,954,038 |
| Expenses | $8,406,708 | $7,281,673 | $1,577,242 |
| Qualifying Distributions | $8,023,591 | $6,583,522 | $1,353,252 |
| Net Investment Income | $5,370,495 | $3,491,038 | $19,530,406 |
| Distributable Amount | $8,776,222 | $8,008,593 | $7,344,688 |
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
105 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Treecie Schoonmaker — Chairman of the James M Schoonmaker II Foundation
Northern Trust Company — Senior Vice President (compensation: $247,696 as of 2025)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THE NORTHERN TRUST COMPANY | TRUSTEE | 40 | $247,696 |
| PATRICE H SCHOONMAKER | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
In November 2024, the James M Schoonmaker II Foundation announced a $5 million gift to the NCH Rooney Heart Institute in Naples, Florida. The donation supports the expansion of cardiac-care services and will directly fund construction of the R.M. Schulze Family Heart and Stroke Critical Care Center on the NCH Downtown Baker Campus. This represents a continuation of the foundation's longstanding partnership with NCH Healthcare System, which has previously included support for physician conference room naming and orthopedic care expansion. The $265 million facility is being funded almost entirely by philanthropy and is expected to break ground in February 2025 with an anticipated opening in 2027.
Schoonmaker Foundation Donates $5 Million To NCH Rooney Heart Institute |Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with James M Schoonmaker Ii Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities