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Mason Foundation Inc

CHICAGO, IL EIN: 36-3101263 Website

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

Under IRS private-foundation payout rules, Mason Foundation Inc reported a distributable amount of $473K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

8states

Cities

AlbanyAlexandriaBarabooBostonChicagoHighland ParkLake ForestLibertyvilleNew YorkPittsfieldPoughkeepsieProvoSausalitoStanfordWashington

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)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134K$269K$403K$537K20202021202220232024
Metric202420232022
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

$0$113K$227K$340K$453K24 grants202023 grants202123 grants202223 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ART INSTITUTE OF CHICAGO…$53KMARINE CORPS SCHOLARSHIP…$39KHOOVER INSTITUTION AT ST…$32KLAKE FOREST COLLEGE$32KFIRST CHURCH OF CHRIST S…$26KVASSAR COLLEGE$26KCHICAGO SYMPHONY ORCHESTRA$19KINTERNATIONAL CRANE FOUN…$19KJOHN G SHEDD AQUARIUM$19KLYRIC OPERA OF CHICAGO$19K

Grant Size Distribution

115 grants across all recorded years

111<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Art Institute of Chicago and School of the Art Institute of Chicago ($53,000), Marine Corps Scholarship Foundation ($39,000), Hoover Institution at Stanford University ($32,000).

RecipientPurposeAmount
ART INSTITUTE OF CHICAGO AND SCHOOL OF THE ART INSTITUTE OF CHICAGO CHICAGO, ILANNUAL FUND; SCHOOL ANNUAL FUND, DEPATMENT OF PAINTING AND SCULPTURE OF EUROPE PAINTING AND SCULPTURE OF EUROPE CURATORIAL DISCRETIONARY FUND$53,000
CHICAGO SYMPHONY ORCHESTRA CHICAGO, ILANNUAL FUND$19,000
DEER PATH ART LEAGUE LAKE FOREST, ILANNUAL FUND$6,000
FIRST CHURCH OF CHRIST SCIENTIST - BOSTON BOSTON, MAGENERAL PURPOSE FUND$13,000
FIRST CHURCH OF CHRIST SCIENTIST - LIBERTYVILLE LIBERTYVILLE, ILGENERAL CHARITABLE PURPOSES$26,000
GOLDEN APPLE FOUNDATION CHICAGO, ILGENERAL CHARITABLE PURPOSES$10,000
GORTON COMMUNITY CENTER LAKE FOREST, ILGENERAL CHARITABLE PURPOSES$6,000
HOOVER INSTITUTION AT STANFORD UNIVERSITY STANFORD, CAGENERAL CHARITABLE PURPOSES$32,000
INTERNATIONAL CRANE FOUNDATION BARABOO, WIGENERAL CHARITABLE PURPOSES$19,000
JOHN G SHEDD AQUARIUM CHICAGO, ILANNUAL FUND$19,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TIMOTHY G CARROLLSECRETARY$9K

From 2024 filing

NameTitleHoursCompensation
MARIAN PAWLICKPRESIDENT & DIRECTOR1
ROBERT DOUGLASSVICE PRESIDENT & DIRECTOR1
TIMOTHY G CARROLLSECRETARY2$8,652
TIMOTHY P DOUGLASSVICE PRESIDENT & DIRECTOR1
K SCOTT DOUGLASSTREASURER & DIRECTOR1

Frequently Asked Questions

What does Mason Foundation Inc fund?

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

How do I apply for a grant from Mason Foundation Inc?

**Grant Activity:** • Made 22-23 grants annually in recent years • Total giving: $381,000 (2024) • Median grant size: $16,000 (2024) • Grant range: $2,000–$60,000 • Giving rate: 12.8% of assets **Recent Grantees (2024):** • Marine Corps Scholarship Foundation: $39,000 • Lake Forest College: $32,000 • Vassar College: $26,000 • Art Institute of Chicago • School of the Art Institute of Chicago **Application Process:** The foundation does not accept unsolicited applications and operates on an invit…

Where does Mason Foundation Inc make grants?

The foundation primarily funds organizations in Illinois, New York, and Massachusetts.

What size grants does Mason Foundation Inc award?

In 2024, Mason Foundation Inc awarded 22 grants totaling $381K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Mason Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mason Foundation Inc reported a distributable amount of $473K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mason Foundation Inc's EIN?

Mason Foundation Inc's EIN (Employer Identification Number) is 36-3101263. IRS Form 990 filing data is available on this page for 2020–2024.

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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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