Martin Faust & Edna Faust Sophienburg is a private foundation focused on Arts and culture, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $471K in total assets. In 2024, it awarded 1 grants totaling $28K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$471K
-0.9% YoY
Annual Giving
$28K
+5.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$28K
+5.5% YoY
Under IRS private-foundation payout rules, Martin Faust & Edna Faust Sophienburg reported a distributable amount of $36K for 2024 — the minimum it must pay out in qualifying distributions.
About Martin Faust & Edna Faust Sophienburg
Based on IRS filings
Martin Faust & Edna Faust Sophienburg is a private foundation focused on Arts and culture, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $471K in total assets. In 2024, it awarded 1 grants totaling $28K. Net investment income was $29K.
Focus Areas
Ready to take the next step with Martin Faust & Edna Faust Sophienburg?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $471,458 | $475,683 | $476,272 |
| Revenue | $38,400 | $37,550 | $17,036 |
| Expenses | $41,913 | $38,217 | $47,366 |
| Qualifying Distributions | $32,310 | $30,318 | $38,553 |
| Net Investment Income | $29,472 | $28,682 | $8,808 |
| Distributable Amount | $36,481 | $31,785 | $33,063 |
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 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sophienburg Memorial Assoc Inc ($28,218).
| Recipient | Purpose | Amount |
|---|---|---|
| SOPHIENBURG MEMORIAL ASSOC INC NEW BRAUNFELS, TX | GENERAL | $28,218 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Martin Faust & Edna Faust Sophienburg?
Martin Faust & Edna Faust Sophienburg is a private foundation focused on Arts and culture, based in CHICAGO, IL. It holds $471K in total assets as of 2024.
How large is Martin Faust & Edna Faust Sophienburg?
As of 2024, Martin Faust & Edna Faust Sophienburg holds $471K in total assets with $38K in annual revenue. It awarded 1 grants totaling $28K in 2024.
Where does Martin Faust & Edna Faust Sophienburg operate?
Martin Faust & Edna Faust Sophienburg has awarded grants in Texas.
What size grants does Martin Faust & Edna Faust Sophienburg award?
In 2024, Martin Faust & Edna Faust Sophienburg awarded 1 grants totaling $28K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is Martin Faust & Edna Faust Sophienburg required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Martin Faust & Edna Faust Sophienburg reported a distributable amount of $36K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Martin Faust & Edna Faust Sophienburg's EIN?
Martin Faust & Edna Faust Sophienburg's EIN (Employer Identification Number) is 74-6267364. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Martin Faust & Edna Faust Sophienburg's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Arthur J Gallagher Foundation
ROLLING MEADOWS, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
NORTHBROOK, IL
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
CHICAGO, IL
Assets
$885.0M
Grants
1,485
Total Given
$31.9M
Baxter International Foundation
DEERFIELD, IL
Assets
$67.5M
Grants
1,300
Total Given
$13.7M
John D and Catherine T Macarthur
CHICAGO, IL
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
CHICAGO, IL
Assets
—
Grants
897
Total Given
$115.2M
Jewish Federation of Metropolitan
CHICAGO, IL
Assets
$1.1B
Grants
839
Total Given
$176.8M
Polk Bros Foundation Inc
CHICAGO, IL
Assets
—
Grants
676
Total Given
$24.5M
Circle of Service Foundation
CHICAGO, IL
Assets
—
Grants
637
Total Given
$37.0M
Ea Mellinger Educational
MONMOUTH, IL
Assets
$23.3M
Grants
556
Total Given
$1.1M
Helen V Brach Foundation
CHICAGO, IL
Assets
$127.9M
Grants
553
Total Given
$5.9M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Martin Faust & Edna Faust Sophienburg on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities