Pangea Cares Foundation
PANGEA CARES FOUNDATION is a private foundation based in Chicago, Illinois. Its 2024 filing is marked as its final return: the foundation says it ceased operations and formally dissolved on December 31, 2024, distributed its remaining assets to qualified public charities, and has no assets remaining. It therefore appears to have wound down and stopped grantmaking.
Key facts about Pangea Cares Foundation
In short: Pangea Cares Foundation gave $1.3M across 13 grants in 2024 (avg $96K), top state California. Source: 2024 IRS Form 990-PF.
- EIN
- 20-8916393
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,253,052
- Grants made (2024)
- 13
- Average grant
- $96,389
- Median grant
- $35,000
- Primary geography
- California (39% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.3M
+24961.0% YoY
Grant Count
13
+1200.0% YoY
Avg Grant Size
$96K
+1827.8% YoY
How Pangea Cares Foundation gives
- Giving grew 10342% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The filing describes a purpose of transforming lives locally, nationally, and globally through charitable donations. Its account of direct activity emphasizes assistance to people in need, including low-income individuals.
The 2024 grants went to a range of organizations. In their own mission statements, J-LIFE OUTREACH INC describes its work as fostering the religious identity of Russian-American Jews, while the Navy SEAL Foundation says it provides support for Naval Special Warfare warriors, veterans, and families. The University of Chicago describes its mission as communicating and creating knowledge and fostering a community of scholars and students. These are the grantees’ stated missions, not stated missions of the foundation.
Grantmaking
In 2024, the foundation reported 13 grants totaling $1,253,052. Grant amounts ranged from $5,000 to $488,052, with a median of $35,000. Notable grants included $488,052 to FOUNDERS PLEDGE DAF, $250,000 to the University of Michigan, $150,000 to Chabad of Hyde Park, $100,000 each to J-LIFE OUTREACH INC and the University of Notre Dame, and $45,000 to JCRC of Minnesota. Other reported grants included $35,000 to Chabad of UIC, $25,000 to the University of Chicago, $15,000 each to Dana-Farber’s Cancer Institute, Kenesseth Israel Congregation, and Beth El Congregation, and $10,000 to the Navy SEAL Foundation. Invest for Kids Inc also received $5,000.
Review Cycle
, and award restrictions as N/A; these are not current application instructions given the foundation’s dissolution.
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Geographic Focus
Where this funder awards grants
The filing describes support for organizations in DuPage County and the broader Chicagoland area, as well as disaster relief across the United States and humanitarian efforts worldwide. For 2024 grant dollars, the reported recipient-state shares were California 39%, Illinois 25%, Michigan 20%, Indiana 8%, and Minnesota 6%.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2023) to $1.3M (2024). In 2024 it made 13 grants totaling $1.3M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Founders Pledge DAF ($488K). Together the top 10 received $1.2M.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 19 grants of 24 (79%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Founders Pledge DAF San Francisco, CA | General | $488,052 |
| University of Michigan Ann Arbor, MI | General | $250,000 |
| Chabad of Hyde Park Chicago, IL | General | $150,000 |
| J-Life Outreach Inc Chicago, IL | General | $100,000 |
| University of Notre Dame Notre Dame, IN | General | $100,000 |
| JCRC of Minnesota St Louis Park, MN | General | $45,000 |
| Chabad of UIC Chicago, IL | General | $35,000 |
| University of Chicago Chicago, IL | General | $25,000 |
| Dana-Farber's Cancer Institute Boston, MA | General | $15,000 |
| Kenesseth Israel Congregation St Louis Park, MN | General | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | — | $396,293 | $1,392,636 | $1,253,052 (13 grants) |
| 2023 | $1,625,464 | $225,884 | $208,767 | $5,000 (1 grant) |
| 2022 | $1,612,830 | $560,653 | $205,249 | $46,000 (2 grants) |
The filing states that the foundation contributed more than $5 million in charitable donations since its formalization.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $1,625,464 | $1,612,830 |
| Revenue | $396,293 | $225,884 | $560,653 |
| Expenses | $1,392,636 | $208,767 | $205,249 |
| Qualifying Distributions | $1,253,083 | $32,621 | $60,686 |
| Net Investment Income | $113,925 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Albert Goldstein as president, Peter Martay as secretary, and Patrick Borchard as treasurer.
Pangea Cares Foundation is led by Albert Goldstein, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Albert Goldstein
President
On filings since 2020
0.5 hrs/week
No compensation reported
Patrick Borchard
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Peter Martay
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Patrick Borchard
Mailing address: 549 W Randolph Street 2Nd Floor, Chicago, IL 60661
Phone: (312) 924-5745
Frequently asked questions about Pangea Cares Foundation
How much does Pangea Cares Foundation give each year?
Pangea Cares Foundation gave $1.3M across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $5K across 1 grant.
What is Pangea Cares Foundation's typical grant size?
Pangea Cares Foundation's median grant in 2024 was $35,000, and its average grant was $96,389, across 13 grants on its 2024 IRS Form 990-PF.
Where does Pangea Cares Foundation give grants?
Pangea Cares Foundation's top state is California, with 39% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Illinois (25%) and Michigan (20%). The most frequent recipient cities were Chicago, IL (5 grants) and St Louis Park, MN (3 grants).
Does Pangea Cares Foundation give general operating support?
Yes: 92% of Pangea Cares Foundation's 2024 grants with a stated purpose (12 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Pangea Cares Foundation's largest grantees?
Pangea Cares Foundation's largest 2024 grantees include Founders Pledge DAF ($488,052), University of Michigan ($250,000) and Chabad of Hyde Park ($150,000), according to its 2024 IRS Form 990-PF. Together they received 71% of its itemized 2024 grant dollars.
What does Pangea Cares Foundation fund?
The filing describes a purpose of transforming lives locally, nationally, and globally through charitable donations. Its account of direct activity emphasizes assistance to people in need, including low-income individuals. See mission & focus areas ↑
How do I apply for a grant from Pangea Cares Foundation?
Pangea Cares Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check mapquest.com for any change to that policy.
What is Pangea Cares Foundation's EIN?
Pangea Cares Foundation's EIN (Employer Identification Number) is 20-8916393. IRS Form 990 filing data is available on this page for 2020–2024.
Does Pangea Cares Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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