Pangea Cares Foundation

CHICAGO, IL EIN: 20-8916393

Pangea Cares Foundation is a private foundation focused on Housing & Shelter, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 13 grants totaling $1.3M. Net investment income was $114K.

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

About Pangea Cares Foundation

Based on IRS filings

Pangea Cares Foundation is a private foundation focused on Housing & Shelter, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 13 grants totaling $1.3M. Net investment income was $114K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

Ann ArborBostonCalumet CityChadds FordChicagoNotre DameSan FranciscoSt Louis ParkVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$383K$766K$1M$2M20202021202220232024
Metric202420232022
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
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$313K$627K$940K$1M6 grants20202 grants20212 grants20221 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FOUNDERS PLEDGE DAF$488KUNIVERSITY OF MICHIGAN$250KCHABAD OF HYDE PARK$150KJ-LIFE OUTREACH INC$100KUNIVERSITY OF NOTRE DAME$100KJCRC OF MINNESOTA$45KCHABAD OF UIC$35KUNIVERSITY OF CHICAGO$25KDANA-FARBER'S CANCER INS…$15KKENESSETH ISRAEL CONGREG…$15K

Grant Size Distribution

24 grants across all recorded years

19<$50K$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Founders Pledge Daf ($488,052), University of Michigan ($250,000), Chabad of Hyde Park ($150,000).

RecipientPurposeAmount
INVEST FOR KIDS CHICAGO, ILYOUTH DEVELOPMENT$5,000
CHABAD OF HYDE PARK CHICAGO, ILGENERAL$150,000
NAVY SEAL FOUNDATION INC VIRGINIA BEACH, VAGENERAL$10,000
J-LIFE OUTREACH INC CHICAGO, ILGENERAL$100,000
CHABAD OF UIC CHICAGO, ILGENERAL$35,000
UNIVERSITY OF MICHIGAN ANN ARBOR, MIGENERAL$250,000
DANA-FARBER'S CANCER INSTITUTE BOSTON, MAGENERAL$15,000
KENESSETH ISRAEL CONGREGATION ST LOUIS PARK, MNGENERAL$15,000
JCRC OF MINNESOTA ST LOUIS PARK, MNGENERAL$45,000
BETH EL CONGREGATION ST LOUIS PARK, MNGENERAL$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALBERT GOLDSTEINPRESIDENT0.5
PETER MARTAYSECRETARY0.5
PATRICK BORCHARDTREASURER0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Pangea Cares Foundation?

Pangea Cares Foundation is a private foundation focused on Housing & Shelter, based in CHICAGO, IL. It holds — in total assets as of 2024.

Where does Pangea Cares Foundation operate?

Pangea Cares Foundation has awarded grants in California, Illinois, Indiana, Massachusetts, Michigan, Minnesota, Pennsylvania, Virginia.

What size grants does Pangea Cares Foundation award?

In 2024, Pangea Cares Foundation awarded 13 grants totaling $1.3M — an average of about $96K per grant, based on its IRS Form 990 filings.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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