Paraszczak Family Foundation Inc

Private foundation · Grantmaker Libertyville, IL EIN: 87-3774882

Paraszczak Family Foundation Inc is a private foundation based in Libertyville, Illinois. It states that it supports community causes and organizations important to the Paraszcak family, and its 2025 filing reports grants to charitable organizations.

Paraszczak Family Foundation Inc at a glance

In short: Paraszczak Family Foundation Inc gave $17K across 15 grants in 2025 (avg $1K), mostly in Illinois. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$16,750
+13.8% vs 2024
Grants made (2025)
15
+87.5% vs 2024
Average grant
$1,117
-39.3% vs 2024
Median grant
$1,000
Total assets
$417,651
+34.8% vs 2024
New grantees (estimate)
40% first-time grantees (6 of 15, 2025; small sample)
Primary geography
Illinois (67% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Paraszczak Family Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations.

Contact

Mailing address: 1319 Canterbury Circle, Libertyville, IL 60048
Phone: (312) 515-1259

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Paraszczak Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Depaul University: $5KDepaul University$5KSt Josephs: $2KSt Josephs$2KMainstreet Libertville: $1KMainstreet Libertville$1KShriners Hospitals for Children: $1KShriners Hospitals forChildren$1KSt Jude Children's Research Hospital: $1KSt Jude Children's ResearchHospital$1KThe Salvation Army: $1KThe Salvation Army$1KTunnels to Towers Foundation: $1KTunnels to Towers Foundation$1KAmerican Heart Association: $1KAmerican Heart Association$1KAmerican Cancer Society: $1KAmerican Cancer Society$1KRonald McDonald House: $1KRonald McDonald House$1K

The largest 2025 recipient was Depaul University ($5K). Together the top 10 received $15K.

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 39 (100%).

Geographic Focus

Where this funder awards grants

In 2025, 67% of grant dollars went to recipients in Illinois. The remaining listed recipient-state shares were Florida, Tennessee, New York, and Texas, each with 6%. The grants also included a recipient in Maryland.

Grant Distribution by State

10states

Share of 2025 grant dollars across all 15 itemized grants.

Cities

ChicagoLibertyvilleMemphisStaten IslandTampaBoys TownDallasGlenviewHagerstownLakewoodSimpsonvilleTaylorsWashinton

Is Paraszczak Family Foundation Inc open to new grantees?

40%

first-time grantees, 2025

In 2025, 6 of 15 grantees (40%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $558; repeat grants $1K. How we count

Medians: $500 first-time, $1K repeat.

  • 53% of 2025 grantees were also funded in 2024. Method
  • Giving grew 203% from 2022 to 2025. Method
  • In 2025 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 7 grants2022 9 grants2023 8 grants2024 15 grants2025

From 2022 to 2025, annual grant giving ranged from $6K (2022) to $17K (2025). In 2025 it made 15 grants totaling $17K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Depaul University Chicago, ILSupport Organization's Charitable Mission$5,000
St Josephs Chicago, ILSupport Organization's Charitable Mission$1,500
Mainstreet Libertville Libertyville, ILSupport Organization's Charitable Mission$1,000
Shriners Hospitals for Children Tampa, FLSupport Organization's Charitable Mission$1,000
St Jude Children's Research Hospital Memphis, TNSupport Organization's Charitable Mission$1,000
The Salvation Army Chicago, ILSupport Organization's Charitable Mission$1,000
Tunnels to Towers Foundation Staten Island, NYSupport Organization's Charitable Mission$1,000
American Heart Association Dallas, TXSupport Organization's Charitable Mission$1,000
American Cancer Society Hagerstown, MDSupport Organization's Charitable Mission$1,000
Ronald McDonald House Chicago, ILSupport Organization's Charitable Mission$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$417,651$126,608$18,879$16,75015$16,750$1,210$19,608
2024$309,922$132,872$16,373$14,7208$14,720—$12,555
2023$193,423$52,860$12,902$8,9139$8,913—$8,174
2022$153,465$52,600$8,135$5,5297$5,529$2,600$989
2021$109,000$109,000—————$55

Under IRS private-foundation payout rules, Paraszczak Family Foundation Inc reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation describes itself as dedicated to supporting community causes and organizations important to the Paraszcak family. Its 2025 grants included a university, hospitals and medical research organizations, and other charitable organizations. DePaul University describes its mission as supporting students’ integral human development through teaching and academic excellence. St. Jude Children’s Research Hospital says it advances cures and prevention for pediatric catastrophic diseases through research and treatment; Shriners Children’s says it provides compassionate, high-quality care to improve children’s lives; and the American Heart Association says its mission is to promote longer, healthier lives. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In filing year 2025, the foundation made 15 grants totaling $16,750. Grants ranged from $100 to $5,000, with a median of $1,000. Its largest reported grants included $5,000 to DePaul University, $1,500 to St Josephs, and $1,000 each to Mainstreet Libertville, Shriners Hospitals for Children, St. Jude Children’s Research Hospital, The Salvation Army, Tunnels to Towers Foundation, the American Heart Association, the American Cancer Society, and Ronald McDonald House.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists John S Paraszcak, Janice Paraszcak, John P Paraszcak, and Amanda Walker as directors.

Paraszczak Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Amanda Walker

    Director

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Janice Paraszczak

    Director

    On filings since 2021

    5 hrs/week

    No compensation reported

  • John P. Paraszczak

    Director

    On filings since 2021

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Paraszczak Family Foundation Inc

How much does Paraszczak Family Foundation Inc give each year?

Paraszczak Family Foundation Inc gave $17K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 8 grants.

What is Paraszczak Family Foundation Inc's typical grant size?

Paraszczak Family Foundation Inc's median grant in 2025 was $1,000, and its average grant was $1,117, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Paraszczak Family Foundation Inc that year got $558 on average.

Where does Paraszczak Family Foundation Inc give grants?

Paraszczak Family Foundation Inc gives mostly in Illinois: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Florida (6%) and Tennessee (6%). The most frequent recipient cities were Chicago, IL (6 grants).

Does Paraszczak Family Foundation Inc give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on Paraszczak Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support Organization's Charitable Mission" (15 grants).

Who are Paraszczak Family Foundation Inc's largest grantees?

Paraszczak Family Foundation Inc's largest 2025 grantees include Depaul University ($5,000), St Josephs ($1,500) and Mainstreet Libertville ($1,000), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.

How large is Paraszczak Family Foundation Inc?

Paraszczak Family Foundation Inc reported $418K in total assets on its 2025 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Paraszczak Family Foundation Inc fund?

The foundation describes itself as dedicated to supporting community causes and organizations important to the Paraszcak family. Its 2025 grants included a university, hospitals and medical research organizations, and other charitable organizations. See mission & focus areas ↑

How do I apply for a grant from Paraszczak Family Foundation Inc?

The foundation does not accept unsolicited requests for funds; it states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Paraszczak Family Foundation Inc's EIN?

Paraszczak Family Foundation Inc's EIN (Employer Identification Number) is 87-3774882. IRS Form 990 filing data is available on this page for 2021–2025.

Does Paraszczak Family Foundation Inc 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 September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS June 15, 2026)
  2. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Paraszczak Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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