Kronlund Foundation Charitable Trust

CHICAGO, IL EIN: 38-2117538

Kronlund Foundation Charitable Trust is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 17 grants totaling $72K. Net investment income was $176K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+5.9% YoY

Annual Giving

$72K

-2.4% YoY

Grant Count

17

+30.8% YoY

Avg Grant Size

$4K

-25.4% YoY

Under IRS private-foundation payout rules, Kronlund Foundation Charitable Trust reported a distributable amount of $97K for 2024 — the minimum it must pay out in qualifying distributions.

About Kronlund Foundation Charitable Trust

Based on IRS filings

Kronlund Foundation Charitable Trust is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 17 grants totaling $72K. Net investment income was $176K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ChelseaDearborn HtsDetroitFlintGrand RapidsGross Pointe WoodsHighlandHowellJacksonLake OrionLansingMechanicsvilleMuskegonNew OrleansNoviPontiacRochesterRochester HillsRoyal OakSouthfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$282K$564K$846K$1M20202021202220232024
Metric202420232022
Total Assets$1,532,698$1,447,124$1,467,647
Revenue$192,874$83,845$53,407
Expenses$105,629$104,478$112,193
Qualifying Distributions$88,006$88,227$92,895
Net Investment Income$176,062$64,277$28,997
Distributable Amount$96,775$86,411$88,046

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$59K$79K8 grants20209 grants202110 grants202213 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Calvin University$7KCHILDREN'S CENTER OF WAY…$7KCampus K9s Inc$5KFriends Of Children-Detr…$5KOAKLAND FAMILY SERVICES$5KVISTA MARIA$5KNew Day Foundation for F…$5KEXODUS PLACE$5KDisability Connections Inc$5KICCF COMMUNITY HOMES$4K

Grant Size Distribution

57 grants across all recorded years

57<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Kronlund Foundation Charitable Trust

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Calvin University ($6,500), Children's Center of Wayne County Inc ($6,500), Campus K9s Inc ($5,000).

RecipientPurposeAmount
ICCF COMMUNITY HOMES GRAND RAPIDS, MIGENERAL OPERATING$3,500
YOUNG MENS CHRISTIAN ASSOCIATION Flint, MIGENERAL$3,500
Campus K9s Inc Highland, MIGENERAL$5,000
THE SHUL W BLOOMFIELD, MIGENERAL OPERATING$3,500
Calvin University Grand Rapids, MIGENERAL$6,500
Friends Of Children-Detroit Detroit, MIGENERAL$5,000
GILDA'S CLUB-METRO DETROIT ROYAL OAK, MIGENERAL OPERATING$2,416
OAKLAND FAMILY SERVICES PONTIAC, MIGENERAL OPERATING$5,000
VISTA MARIA DEARBORN HTS, MIGENERAL OPERATING$5,000
ISLAMIC CENTER OF DETROIT INC DETROIT, MIGENERAL OPERATING$3,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAYNE BRODER AND FOSSEE P CCO-TRUSTEE1

Frequently Asked Questions

How large is Kronlund Foundation Charitable Trust?

As of 2024, Kronlund Foundation Charitable Trust holds $1.5M in total assets with $193K in annual revenue. It awarded 17 grants totaling $72K in 2024.

Where does Kronlund Foundation Charitable Trust operate?

Kronlund Foundation Charitable Trust has awarded grants in Louisiana, Maryland, Michigan.

What size grants does Kronlund Foundation Charitable Trust award?

In 2024, Kronlund Foundation Charitable Trust awarded 17 grants totaling $72K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Kronlund Foundation Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Kronlund Foundation Charitable Trust reported a distributable amount of $97K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Kronlund Foundation Charitable Trust's EIN?

Kronlund Foundation Charitable Trust's EIN (Employer Identification Number) is 38-2117538. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Kronlund Foundation Charitable Trust'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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