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.
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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
107 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| Above and Beyond Family Recovery Center Chicago, IL | Annual Operations | $5,000 |
| Charity Advisors Austin, TX | Annual Operations | $2,500 |
| Chicago Public Media Chicago, IL | Annual Operations | $10,000 |
| Del Sur Educational Foundation San Diego, CA | Annual Operations | $7,000 |
| Harper Elementary School Wilmette, IL | Annual Operations | $5,000 |
| Jesuit High School New Orleans, LA | Annual Operations | $25,000 |
| Josephinum Academy Chicago, IL | Annual Operations | $25,000 |
| Michigan Shores Club Foundation Wilmette, IL | Annual Operations | $500 |
| Old Town School of Folk Music Chicago, IL | Annual Operations | $500 |
| Ouilmette Foundation Wilmette, IL | Annual 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John K Poorman | President, Treasurer | 0.5 | — |
| Catherine Poorman Beck | Secretary, Director | 0.5 | — |
| Jeanne S Poorman | Director | 0.5 | — |
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.
Explore Open Grants
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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