Kwaan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $255K. Net investment income was $3K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$255K
+9059.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$255K
+9059.7% YoY
About Kwaan Family Foundation Inc
Based on IRS filings
Kwaan Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $255K. Net investment income was $3K.
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 | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $222,974 | $179,815 |
| Revenue | $5,575 | $3,651 | $-37,565 |
| Expenses | $257,267 | $5,199 | $2,300 |
| Qualifying Distributions | $257,267 | $5,147 | — |
| Net Investment Income | $3,315 | $1,236 | $1,871 |
| Distributable Amount | $11,428 | $11,394 | $8,768 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2022
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Hau C Kwaan | President | — | — |
| Louise Kwaan | Secretary | — | — |
| Laura Lasley | Director | — | — |
| Walter Kwaan | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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