Mike and Nancy Silverman Family

NORTHFIELD, IL EIN: 84-3815836

Mike and Nancy Silverman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $767K in total assets. In 2024, it awarded 3 grants totaling $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$767K

+27.5% YoY

Annual Giving

$26K

+4.0% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$9K

-30.7% YoY

Under IRS private-foundation payout rules, Mike and Nancy Silverman Family reported a distributable amount of $35K for 2024 — the minimum it must pay out in qualifying distributions.

About Mike and Nancy Silverman Family

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $130K (55%)

Illinois $106K (45%)

States

Florida Illinois

Cities

Boca RatonChicago

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$767,473	$601,794	$433,451
Revenue	$207,270	$208,093	$3,261
Expenses	$41,591	$39,750	$156,568
Qualifying Distributions	$35,183	$33,797	$153,307
Net Investment Income	—	—	—
Distributable Amount	$34,536	$24,808	$30,861

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chicago Blackhawks Foundation ($15,000), Daniel Murphy Scholarship Fund ($10,000), World Bicycle Relief ($990).

Recipient	Purpose	Amount
CHICAGO BLACKHAWKS FOUNDATION CHICAGO, IL	CHARITABLE USE (KIDS FIRST CHICAGO GRANT)	$15,000
DANIEL MURPHY SCHOLARSHIP FUND CHICAGO, IL	GENERAL CHARITABLE USE	$10,000
WORLD BICYCLE RELIEF CHICAGO, IL	GENERAL CHARITABLE USE	$990

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MICHAEL A SILVERMAN	DIRECTOR	0.5	—
NANCY SILVERMAN	DIRECTOR	1	—
ABBE SILVERMAN	DIRECTOR	—	—
BRADLEY SILVERMAN	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mike and Nancy Silverman Family?

Mike and Nancy Silverman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHFIELD, IL. It holds $767K in total assets as of 2024.

How large is Mike and Nancy Silverman Family?

As of 2024, Mike and Nancy Silverman Family holds $767K in total assets with $207K in annual revenue. It awarded 3 grants totaling $26K in 2024.

Where does Mike and Nancy Silverman Family operate?

Mike and Nancy Silverman Family has awarded grants in Florida, Illinois.

What size grants does Mike and Nancy Silverman Family award?

In 2024, Mike and Nancy Silverman Family awarded 3 grants totaling $26K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Mike and Nancy Silverman Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mike and Nancy Silverman Family reported a distributable amount of $35K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mike and Nancy Silverman Family's EIN?

Mike and Nancy Silverman Family's EIN (Employer Identification Number) is 84-3815836. IRS Form 990 filing data is available on this page for 2020–2024.