Looby Family Foundation Dated March 27 2008
Looby Family Foundation Dated March 27 2008 is a private foundation, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.1M in total assets. In 2025, it made $98K in qualifying distributions. Net investment income was $249K.
Looby Family Foundation Dated March 27 2008 at a glance
- Total assets
- $3,088,387
- +5.0% vs 2024
- Revenue (2025)
- $267,367
- +26.7% vs 2024
- Qualifying distributions (2025)
- $97,712
- -7.6% vs 2024
- Expenses (2025)
- $119,085
- -5.8% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Looby Family Foundation Dated March 27 2008 funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Looby Family Foundation Dated March 27 2008 gives
- Giving fell 83% from 2020 to 2023. Method
- In 2025 it paid out 52% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $100K (2023) to $650K (2022). In 2023 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Make a Wish Foundation of Ft Lauderdale, FL | General | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $3,088,387 | $267,367 | $119,085 | — | — | $97,712 | $249,430 | $186,606 |
| 2024 | $2,940,674 | $211,068 | $126,459 | — | — | $105,743 | $190,649 | $175,384 |
| 2023 | $2,855,775 | $125,186 | $222,612 | $100,000 | 1 | $202,882 | $107,111 | $161,396 |
| 2022 | $2,953,352 | $31,457 | $786,022 | $650,000 | 3 | $760,919 | $50,650 | $194,434 |
| 2021 | $3,708,181 | $948,990 | $137,676 | — | — | $110,785 | $154,145 | $207,914 |
| 2020 | $2,896,791 | $178,956 | $728,111 | $600,000 | 2 | — | $170,252 | $190,657 |
| 2019 | $3,445,994 | $112,021 | $480,093 | $350,000 | 2 | — | $103,031 | $191,305 |
Under IRS private-foundation payout rules, Looby Family Foundation Dated March 27 2008 reported a distributable amount of $187K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Looby Family Foundation Dated March 27 2008's 2025 filing lists 4 officers; all 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Northern Trust Company
Trustee
On filings since 2021
40 hrs/week
$50K (2021) → $40K (2025)
Mark Scott
Board Member
On filings since 2019
1 hr/week
$24K (2019) → $24K (2025)
Martin Margulies
Board Member
On filings since 2019
1 hr/week
$25K (2019) → $24K (2025)
Ryan Ratner Esq.
Board Member
On filings since 2019
1 hr/week
$24K (2019) → $24K (2025)
Former officers (1)
- Former: The Northern Trust Company (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $40K, to Northern Trust Company (Trustee). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Looby Family Foundation Dated March 27 2008
How large is Looby Family Foundation Dated March 27 2008?
Looby Family Foundation Dated March 27 2008 reported $3.1M in total assets on its 2025 IRS Form 990-PF. It paid out $98K in qualifying distributions that year, against a required minimum of $187K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Looby Family Foundation Dated March 27 2008 operate?
Looby Family Foundation Dated March 27 2008 has awarded grants in Florida.
What is Looby Family Foundation Dated March 27 2008's EIN?
Looby Family Foundation Dated March 27 2008's EIN (Employer Identification Number) is 83-0593883. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 6, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
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