Mason Foundation Inc
Mason Foundation Inc is a private foundation based in Chicago, Illinois, established in 1981. The foundation operates as a 501(c)(3) organization with a focus on supporting youth through education, athletics, and extracurricular activities. The foundation was formed to honor the memory of BJ Mason and aims to recognize individuals who overcome adversity and work toward improving their community.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.0M
-4.2% YoY
Annual Giving
$381K
-3.3% YoY
Grant Count
22
-4.3% YoY
Avg Grant Size
$17K
+1.1% YoY
Mission & Focus Areas
The Mason Foundation's mission is to impact the lives of youth by investing in their education, athletics, and extracurriculars. The foundation believes in recognizing those who overcome adversity and work towards improving their community.
Primary funding areas include:
- Education
- Scholarships and student financial aid
- Philanthropy, voluntarism, and grantmaking
- Human services
- General charitable purposes
- Capital campaigns
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$16,000 (2024)
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Illinois, New York, and Massachusetts.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $2,978,620
- Total revenues: $282,493
- Total expenses: $411,931
- Investment income and dividends: $147,348
- Number of employees: 0
Historical Giving:
- 2024: $381,000 in grants (22 grants)
- 2023: $394,000 in grants (23 grants)
- 2022: $453,000 in grants (23 grants)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,978,620 | $3,107,897 | $3,270,967 |
| Revenue | $282,493 | $260,447 | $236,936 |
| Expenses | $411,931 | $423,517 | $488,569 |
| Qualifying Distributions | $393,100 | $407,170 | $465,666 |
| Net Investment Income | $266,941 | $247,380 | $258,954 |
| Distributable Amount | $472,931 | $400,694 | $412,641 |
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
115 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARIAN PAWLICK | PRESIDENT & DIRECTOR | 1 | — |
| ROBERT DOUGLASS | VICE PRESIDENT & DIRECTOR | 1 | — |
| TIMOTHY G CARROLL | SECRETARY | 2 | $8,652 |
| TIMOTHY P DOUGLASS | VICE PRESIDENT & DIRECTOR | 1 | — |
| K SCOTT DOUGLASS | TREASURER & DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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