Park School Charitable Trust in Memory of Ida

Private foundation · Grantmaker Chicago, IL EIN: 65-6372447

Park School Charitable Trust in Memory of Ida is a private foundation, based in Chicago, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $45K. Net investment income was $32K.

Park School Charitable Trust in Memory of Ida at a glance

In short: Park School Charitable Trust in Memory of Ida gave $45K across 1 grant in 2025 (avg $45K), mostly in Maryland. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$44,993
+2.5% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$44,993
+2.5% vs 2024
Median grant
$44,993
Total assets
$1,028,113
-2.6% vs 2024
Primary geography
Maryland (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Park School Charitable Trust in Memory of Ida funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The Park School of Baltimore: $45KThe Park School of Baltimore$45K

The largest 2025 recipient was The Park School of Baltimore ($45K).

Grant Size Distribution

5 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Brooklandville

How Park School Charitable Trust in Memory of Ida gives

  • Giving held roughly steady from 2022 to 2025 (−3%). Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$20K$40K$60K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $40K (2021) to $51K (2023). In 2025 it made 1 grant totaling $45K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Park School of Baltimore Brooklandville, MDGeneral Support$44,993
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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$1,028,113$37,204$63,250$44,9931$57,589$31,543$61,671
2024$1,055,261$47,431$61,652$43,9091$55,612$41,794$56,697
2023$1,069,063$39,520$69,207$50,9501$62,477$34,110$55,436
2022$1,099,139$91,607$67,614$46,1971$59,571$85,304$64,323
2021$1,075,406$97,323$57,905$40,2941—$89,168$58,094

Under IRS private-foundation payout rules, Park School Charitable Trust in Memory of Ida reported a distributable amount of $62K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Park School Charitable Trust in Memory of Ida's only listed officer is Northern Trust Company, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Northern Trust Company

    Trustee

    On filings since 2022

    40 hrs/week

    $16K (2022) → $15K (2025)

Former officers (1)
  • Former: The Northern Trust Company (2021) — Trustee

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.

Compensation Overview

From 2025 IRS filing

Northern Trust Company — Trustee: $15KNorthern Trust CompanyTrustee$15K

The highest reported compensation on the 2025 filing was $15K, to Northern Trust Company (Trustee).

Frequently asked questions about Park School Charitable Trust in Memory of Ida

How much does Park School Charitable Trust in Memory of Ida give each year?

Park School Charitable Trust in Memory of Ida gave $45K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 1 grant.

How large is Park School Charitable Trust in Memory of Ida?

Park School Charitable Trust in Memory of Ida reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $62K (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.

Where does Park School Charitable Trust in Memory of Ida operate?

Park School Charitable Trust in Memory of Ida has awarded grants in Maryland.

What is Park School Charitable Trust in Memory of Ida's EIN?

Park School Charitable Trust in Memory of Ida's EIN (Employer Identification Number) is 65-6372447. IRS Form 990 filing data is available on this page for 2021–2025.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

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

Figures come from Park School Charitable Trust in Memory of Ida'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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