JKP Family Foundation

CHICAGO, IL EIN: 26-3930130

JKP Family Foundation is a private foundation established in 2009 and based in Chicago, Illinois. The foundation operates as a grantmaking organization with no employees, focusing on annual operations support for its grantees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.7M

-4.3% YoY

Annual Giving

$454K

+38.5% YoY

Grant Count

18

-10.0% YoY

Avg Grant Size

$25K

+53.9% YoY

Under IRS private-foundation payout rules, JKP Family Foundation reported a distributable amount of $262K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Grantmaking

JKP Family Foundation made 33 grants in 2024. Recent notable grants include:

Grant Range

is approximately $5,300, with a maximum grant of $100,000. The foundation primarily supports annual operations of its grantees.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

AustinBurlingtonCedar ParkChicagoClevelandDallasGaffneyHighland ParkIrvineKingsportLa JollaNew OrleansNew YorkNormanOrlandoRound RockSan DiegoSt PaulWilmette

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total Assets: $3,706,386
  • Total Revenues: $317,761
  • Total Expenses: $483,860
  • Total Grants, Contributions, etc.: $120,000
  • Investment Income and Dividends: $194,817

As of December 31, 2023:

  • Total Assets: $5.7 million
  • Total Distributions: $328,000
  • Total Contributions: $148,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$369K$739K$1M$1M20202021202220232024
Metric202420232022
Total Assets$3,706,386$3,872,485$4,085,905
Revenue$317,761$162,420$511,867
Expenses$483,860$375,840$323,537
Qualifying Distributions$454,350$327,950$296,600
Net Investment Income$168,251$130,708$334,930
Distributable Amount$261,593$242,059$229,818

Giving Over Time

Total grant dollars and number of grants per year

$0$326K$651K$977K$1M17 grants202023 grants202129 grants202220 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Preservation Hall Founda…$100KSaints Joseph and Franci…$100KThe Barack Obama Foundat…$100KWWOZ New Orleans$43KJesuit High School$25KJosephinum Academy$25KSt Sabina Catholic Church$15KChicago Public Media$10KUC San Diego Foundation$9KDel Sur Educational Foun…$7K

Grant Size Distribution

107 grants across all recorded years

93<$50K4$50–100K9$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Preservation Hall Foundation ($100,000), Saints Joseph and Francis Xavier Parish ($100,000), The Barack Obama Foundation ($100,000).

RecipientPurposeAmount
Above and Beyond Family Recovery Center Chicago, ILAnnual Operations$5,000
Charity Advisors Austin, TXAnnual Operations$2,500
Chicago Public Media Chicago, ILAnnual Operations$10,000
Del Sur Educational Foundation San Diego, CAAnnual Operations$7,000
Harper Elementary School Wilmette, ILAnnual Operations$5,000
Jesuit High School New Orleans, LAAnnual Operations$25,000
Josephinum Academy Chicago, ILAnnual Operations$25,000
Michigan Shores Club Foundation Wilmette, ILAnnual Operations$500
Old Town School of Folk Music Chicago, ILAnnual Operations$500
Ouilmette Foundation Wilmette, ILAnnual Operations$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by the following individuals:

  • John K Poorman – President and Treasurer
  • Catherine Poorman Beck – Secretary and Director
  • Jeanne S Poorman – Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
John K PoormanPresident, Treasurer0.5
Catherine Poorman BeckSecretary, Director0.5
Jeanne S PoormanDirector0.5

Contact Information

  • Address: 444 W Lake Street, Suite 3500, Chicago, IL 60606
  • Telephone: 312-873-4802

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

How do I apply for a grant from JKP Family Foundation?

JKP Family Foundation made 33 grants in 2024. Recent notable grants include: • The Obama Foundation: $100,000 (Annual Operations, December 2024) • Preservation Hall Foundation: $100,000 (Annual Operations, December 2024) • WWOZ 90.7 FM New Orleans: $42,500 (Annual Operations, December 2024) The median grant size is approximately $5,300, with a maximum grant of $100,000. The foundation primarily supports annual operations of its grantees.

What size grants does JKP Family Foundation award?

In 2024, JKP Family Foundation awarded 18 grants totaling $454K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is JKP Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, JKP Family Foundation reported a distributable amount of $262K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is JKP Family Foundation's EIN?

JKP Family Foundation's EIN (Employer Identification Number) is 26-3930130. IRS Form 990 filing data is available on this page for 2020–2024.

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Browse active grant opportunities in JKP Family Foundation's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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