Msbd Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 14 grants totaling $357K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
+40.5% YoY
Annual Giving
$357K
+117.9% YoY
Grant Count
14
-22.2% YoY
Avg Grant Size
$26K
+180.2% YoY
Under IRS private-foundation payout rules, Msbd Foundation reported a distributable amount of $235K for 2024 — the minimum it must pay out in qualifying distributions.
About Msbd Foundation
Based on IRS filings
Msbd Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 14 grants totaling $357K. Net investment income was $1.1M.
Focus Areas
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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 | $4,768,103 | $3,394,413 | $2,703,896 |
| Revenue | $2,432,699 | $813,041 | $-135,761 |
| Expenses | $375,451 | $182,606 | $200,908 |
| Qualifying Distributions | $359,614 | $167,315 | $184,515 |
| Net Investment Income | $1,072,508 | $3,550 | $24,066 |
| Distributable Amount | $234,516 | $118,184 | $122,081 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Northwestern University ($142,857), American Israel Education Foundation ($70,000), Fdd ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALYN HOSPITAL WHEEL OF HOPE NEW YORK, NY | TO FURTHER PROGRAM SERVICES | $2,500 |
| ALZHEIMER'S ASSOCIATION CHICAGO, IL | TO FURTHER PROGRAM SERVICES | $5,000 |
| AM SHALOM GLENCOE, IL | TO FURTHER PROGRAM SERVICES | $5,000 |
| AMERICAN ISRAEL EDUCATION FOUNDATION WASHINGTON, DC | TO FURTHER PROGRAM SERVICES | $70,000 |
| BORDER TAIL RESCUE NORTHBROOK, IL | TO FURTHER PROGRAM SERVICES | $10,000 |
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF CHICAGO CHICAGO, IL | TO FURTHER PROGRAM SERVICES | $5,000 |
| FDD WASHINGTON, DC | TO FURTHER PROGRAM SERVICES | $50,000 |
| HHT FOUNDATION MONKTON, MD | TO FURTHER PROGRAM SERVICES | $50,000 |
| MISERICORDIA OF THE HEART CHICAGO, IL | TO FURTHER PROGRAM SERVICES | $5,000 |
| NORTHWESTERN UNIVERSITY EVANSTON, IL | TO FURTHER PROGRAM SERVICES | $142,857 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY C HAMMES | DIRECTOR, PRESIDENT, TREAS | — | — |
| LINDA H HAMMES | DIRECTOR, SECRETARY | — | — |
| MITCHELL H HAMMES | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Msbd Foundation?
Msbd Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. It holds $4.8M in total assets as of 2024.
How large is Msbd Foundation?
As of 2024, Msbd Foundation holds $4.8M in total assets with $2.4M in annual revenue. It awarded 14 grants totaling $357K in 2024.
Where does Msbd Foundation operate?
Msbd Foundation has awarded grants in California, District of Columbia, Florida, Hawaii, Iowa, Illinois, Maryland, Missouri, New Jersey, New York, Texas, Virginia, Wisconsin.
What size grants does Msbd Foundation award?
In 2024, Msbd Foundation awarded 14 grants totaling $357K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Msbd Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Msbd Foundation reported a distributable amount of $235K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Msbd Foundation's EIN?
Msbd Foundation's EIN (Employer Identification Number) is 27-3621031. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Msbd Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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