Lundstrom Family Foundation
Lundstrom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON HEIGHTS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$305K
+5.1% YoY
Annual Giving
$28K
+100.7% YoY
Grant Count
13
-7.1% YoY
Avg Grant Size
$2K
+116.2% YoY
Under IRS private-foundation payout rules, Lundstrom Family Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Lundstrom Family Foundation
Based on IRS filings
Lundstrom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON HEIGHTS, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $305K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $12K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $304,703 | $289,980 | $79,721 |
| Revenue | $11,639 | $205,470 | — |
| Expenses | $28,970 | $13,950 | $6,500 |
| Qualifying Distributions | $28,970 | $13,950 | — |
| Net Investment Income | $11,639 | — | — |
| Distributable Amount | $14,226 | — | — |
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
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catholic Memorial High School Crusader Fund ($4,000), Mercy Home for Boys and Girls ($4,000), Heather Jacob Schaap Retreat Fund ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HEATHER JACOB SCHAAP RETREAT FUND HOLLAND, MI | CHARITABLE | $2,000 |
| WINGS OF MERCY ZEELAND, MI | CHARITABLE | $1,000 |
| MENTAL HEALTH FOUNDATION WEST MICHIGAN GRAND RAPIDS, MI | CHARITABLE | $1,000 |
| MISERICORDIA HEART OF MERCY CHICAGO, IL | CHARITABLE | $2,000 |
| DEPAUL JAZZ PROGRAM CHICAGO, IL | ARTS | $2,000 |
| CATHOLIC MEMORIAL HIGH SCHOOL CRUSADER FUND WAUKESHA, WI | CHARITABLE | $4,000 |
| MARQUETTE SCHOOL OF BUSINESS CAROL STREAM, IL | EDUCATION | $2,000 |
| HUNGER TASK FORCE WEST MILWAUKEE, WI | CHARITABLE | $2,000 |
| FAMILY FORWARD ARLINGTON HEIGHTS, IL | CHILDREN FUND | $2,000 |
| WRITER'S THEATER GLENCOE, IL | ARTS | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROGER D LUNDSTROM | TRUSTEE | 1 | — |
| CATHERINE J LUNDSTROM | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lundstrom Family Foundation?
Lundstrom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ARLINGTON HEIGHTS, IL. It holds $305K in total assets as of 2024.
How large is Lundstrom Family Foundation?
As of 2024, Lundstrom Family Foundation holds $305K in total assets with $12K in annual revenue. It awarded 13 grants totaling $28K in 2024.
Where does Lundstrom Family Foundation operate?
Lundstrom Family Foundation has awarded grants in California, District of Columbia, Florida, Illinois, Michigan, Missouri, New York, Wisconsin.
What size grants does Lundstrom Family Foundation award?
In 2024, Lundstrom Family Foundation awarded 13 grants totaling $28K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Lundstrom Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lundstrom Family Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lundstrom Family Foundation's EIN?
Lundstrom Family Foundation's EIN (Employer Identification Number) is 85-4393417. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lundstrom Family Foundation'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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