Pangea Cares Foundation
Pangea Cares Foundation is a private foundation based in Chicago, Illinois. Its 2024 filing is marked as its final return and states that the foundation ceased operations and formally dissolved on December 31, 2024. It appears to have wound down and stopped grantmaking; the filing says no assets remained after dissolution.
Pangea Cares Foundation at a glance
In short: Pangea Cares Foundation gave $1.3M across 13 grants in 2024 (avg $96K), top state California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,253,052
- +24961.0% vs 2023
- Grants made (2024)
- 13
- +1200.0% vs 2023
- Average grant
- $96,389
- +1827.8% vs 2023
- Median grant
- $35,000
- Primary geography
- California (39% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Pangea Cares Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. Its 2024 filing is its final return, and the foundation reports that it dissolved on December 31, 2024.
- Contact
Application contact: Patrick Borchard
Mailing address: 549 W Randolph Street 2Nd Floor, Chicago, IL 60661
Phone: (312) 924-5745
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Pangea Cares Foundation funds
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%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports grant dollars by recipient state as follows: California, 39%; Illinois, 25%; Michigan, 20%; Indiana, 8%; and Minnesota, 6%. The filing’s stated purpose also describes support for organizations in DuPage County and the broader Chicagoland area, disaster relief across the United States, and humanitarian efforts worldwide.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
How Pangea Cares Foundation gives
- Giving grew 10342% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
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.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
The filing states that all remaining assets were distributed to qualified 501(c)(3) public charities shortly before dissolution and that no assets remained afterward.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | — | $396,293 | $1,392,636 | $1,253,052 | 13 | $1,253,083 | $113,925 |
| 2023 | $1,625,464 | $225,884 | $208,767 | $5,000 | 1 | $32,621 | — |
| 2022 | $1,612,830 | $560,653 | $205,249 | $46,000 | 2 | $60,686 | — |
| 2021 | $1,263,454 | $334,407 | $208,966 | $12,000 | 2 | $73,636 | — |
| 2020 | $1,155,368 | $172,579 | $203,047 | $19,375 | 6 | — | — |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The filing’s stated purpose describes charitable support for local, national, and global needs. Its 2024 grants included universities, religious and community organizations, a charitable fund, and organizations supporting service members and their families.
The grantees’ own descriptions illustrate the range of organizations supported. J-LIFE OUTREACH INC says it fosters the religious identity of Russian-American Jews, including through Jewish law observance, theology study, and an annual trip to Israel. The University of Chicago describes its mission as communicating and creating knowledge and fostering a community of scholars and students. The Navy SEAL Foundation says it supports warriors, veterans, and families of Naval Special Warfare. Invest for Kids Inc says it raises funds for Chicago-area children’s charities through an annual conference.
Grantmaking
In filing year 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 to J-LIFE OUTREACH INC, and $100,000 to the University of Notre Dame. Other reported grants included $45,000 to JCRC of Minnesota, $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 received $5,000.
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.
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’s stated purpose describes charitable support for local, national, and global needs. Its 2024 grants included universities, religious and community organizations, a charitable fund, and organizations supporting service members and their families. See mission & focus areas ↑
How do I apply for a grant from Pangea Cares Foundation?
The foundation stated that it made contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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