Libman Family Foundation

Foundation · Grantmaker EVANSTON, IL EIN: 84-3942779

Libman Family Foundation is a private foundation focused on Education, based in EVANSTON, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it awarded 14 grants totaling $38K. Net investment income was $15.

Key facts about Libman Family Foundation

EIN: 84-3942779
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $37,500
Grants made (2024): 14
Average grant: $2,679
Median grant: $2,500
Total assets: $9,420
Primary geography: Illinois (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Libman Family Foundation funds

By grant dollars, the top recipient states for Libman Family Foundation's 14 itemized 2024 grants were Illinois (100%). The most frequent recipient cities were Evanston, IL (12 grants). None of its 14 grants with a stated purpose were described as general or operating support. Recurring purposes include "Academic Scholarship" (13 grants).

How Libman Family Foundation gives

Giving grew 150% from 2021 to 2024. Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Libman Family Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9K

-48.2% YoY

Annual Giving

$38K

+4.2% YoY

Grant Count

+40.0% YoY

Avg Grant Size

$3K

-25.6% YoY

Under IRS private-foundation payout rules, Libman Family Foundation reported a distributable amount of $664 for 2024 — the minimum it must pay out in qualifying distributions.

About Libman Family Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $38K (100%)

Share of all 14 itemized 2024 grant dollars.

States

Illinois

Cities

EvanstonSkokieGlenview

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$9,420	$18,191	$20,861
Revenue	$29,188	$33,682	$31,007
Expenses	$37,959	$36,352	$25,542
Qualifying Distributions	$37,500	$36,000	$542
Net Investment Income	$15	$495	$86
Distributable Amount	$664	$954	$855

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

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

32 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Building Peaceful Bridges ($5,000), Bryan Maldonado ($2,500), Celeste Gaytan-Cabrera ($2,500).

Recipient	Purpose	Amount
Building Peaceful Bridges Glenview, IL	Refugee support	$5,000
Bryan Maldonado Evanston, IL	Academic Scholarship	$2,500
Celeste Gaytan-Cabrera Evanston, IL	Academic Scholarship	$2,500
Crystal Salmon Evanston, IL	Academic Scholarship	$2,500
Elyse King Evanston, IL	Academic Scholarship	$2,500
Grace Juarez Evanston, IL	Academic Scholarship	$2,500
Joan Camaya Skokie, IL	Academic Scholarship	$2,500
Karamot Fatai Evanston, IL	Academic Scholarship	$2,500
Kingsley Akinloye Evanston, IL	Academic Scholarship	$2,500
Mariana Moreno Mendoza Evanston, IL	Academic Scholarship	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Jeff Libman	President	2	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Libman Family Foundation?

Libman Family Foundation is a private foundation focused on Education, based in EVANSTON, IL. It holds $9K in total assets as of 2024.

How large is Libman Family Foundation?

As of 2024, Libman Family Foundation holds $9K in total assets with $29K in annual revenue. It awarded 14 grants totaling $38K in 2024.

Where does Libman Family Foundation operate?

Libman Family Foundation has awarded grants in Illinois.

What size grants does Libman Family Foundation award?

In 2024, Libman Family Foundation awarded 14 grants totaling $38K — an average of about $3K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Libman Family Foundation reported a distributable amount of $664 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.