Marsteller Family Foundation
The Marsteller Family Foundation is a private family foundation established in 1982 and based in Lake Forest, Illinois. The foundation operates as a 501(c)(3) tax-exempt organization with the EIN 36-3193322.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+5.6% YoY
Annual Giving
$220K
+5.0% YoY
Grant Count
24
-22.6% YoY
Avg Grant Size
$9K
+35.6% YoY
Under IRS private-foundation payout rules, Marsteller Family Foundation reported a distributable amount of $150K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities focus primarily on:
- Arts and culture
- Education
- Philanthropy, voluntarism, and grantmaking
Grantmaking
How to Apply
** No specific application procedures or requirements are documented in available sources.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Illinois, with a particular emphasis on the local region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $2,474,006 (as of 2023)
Total Giving: $220,000 (most recent year)
Revenue: $144,000 (2023)
Expenses: $225,000 (2023)
Total Liabilities: $0 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,474,006 | $2,343,106 | $2,424,450 |
| Revenue | $367,703 | $143,995 | $93,755 |
| Expenses | $236,803 | $225,339 | $303,680 |
| Qualifying Distributions | $220,945 | $209,500 | $286,792 |
| Net Investment Income | $351,845 | $128,156 | $77,415 |
| Distributable Amount | $150,204 | $140,740 | $159,277 |
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
148 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vassar College ($65,000), Metropolitan Museum of Art ($37,500), Frick Collection ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CARDIGAN MOUNTAIN SCHOOL LAKE FOREST, IL | GENERAL SUPPORT | $10,000 |
| ARCHIVES OF AMERICAN ART LAKE FOREST, IL | GENERAL SUPPORT | $5,000 |
| YALE UNIVERSITY ART GALLERY LAKE FOREST, IL | FRIENDS OF AMERICAN ART | $5,000 |
| BARNARD COLLEGE LAKE FOREST, IL | MARSTELLER INTERNSHIP PROGRAM | $10,000 |
| CHILDRENS MUSEUM OF PHOENIX LAKE FOREST, IL | GENERAL SUPPORT | $10,000 |
| CORNING MUSEUM OF GLASS LAKE FOREST, IL | GENERAL SUPPORT | $1,000 |
| DECORATIVE ARTS TRUST LAKE FOREST, IL | FAILEY FUND | $5,000 |
| ELIZABETHAN CLUB OF YALE UNIVERSITY LAKE FOREST, IL | STEPHAN PARKS FUND | $2,500 |
| ELM SHAKESPEARE COMPANY LAKE FOREST, IL | GENERAL SUPPORT | $1,000 |
| FRICK COLLECTION LAKE FOREST, IL | GENERAL SUPPORT | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN STUART GORDON | PRESIDENT | 2 | — |
| ELIZABETH M GORDON | EXECUTIVE VICE PRESIDENT | 1 | — |
| THOMAS E GORDON | TREASURER | 1 | — |
| ANTONIA SIVYER | SECRETARY | 1 | — |
| JAY L OWEN | DIRECTOR | 1 | — |
| GEORGIE HANLIN | DIRECTOR | 1 | — |
Contact Information
Address: 585 N Bank Ln Ste 3000, Lake Forest, IL 60045-5308
Telephone: 847-234-5000
Additional Address on File: C/O BMO Harris, 111 W Monroe No 10E, Chicago, IL 60603
Frequently Asked Questions
What does Marsteller Family Foundation fund?
The foundation's giving priorities focus primarily on: • Arts and culture • Education • Philanthropy, voluntarism, and grantmaking
How do I apply for a grant from Marsteller Family Foundation?
**Grant Amounts:** Typical awards range from $1,000 to $65,000. **Total Giving:** The foundation distributed $220,000 in grants based on the most recent filing data. **Application Process:** No specific application procedures or requirements are documented in available sources.
Where does Marsteller Family Foundation make grants?
The foundation primarily funds organizations in Illinois, with a particular emphasis on the local region.
What size grants does Marsteller Family Foundation award?
In 2024, Marsteller Family Foundation awarded 24 grants totaling $220K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Marsteller Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marsteller Family Foundation reported a distributable amount of $150K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marsteller Family Foundation's EIN?
Marsteller Family Foundation's EIN (Employer Identification Number) is 36-3193322. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Marsteller Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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