Paul a & Joan S Rubschlager Foundation

CHICAGO, IL EIN: 36-3487448

The Paul A & Joan S Rubschlager Foundation is a private foundation established in 1986 and based in Chicago, Illinois. The foundation is designated as a 501(c)(3) organization, making donations tax-deductible. The foundation has been tax-exempt since October 1987.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.3M

-6.3% YoY

Annual Giving

$1.3M

-16.4% YoY

Grant Count

29

+16.0% YoY

Avg Grant Size

$44K

-27.9% YoY

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

Mission & Focus Areas

The foundation's grantmaking focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Civic & Social Organizations
  • Medical research, particularly in neurodegenerative diseases and cardiovascular health

The foundation's giving reflects the personal philanthropic interests of Joan and Paul Rubschlager, who are motivated by their experiences as cancer survivors and their commitment to advancing medical research. Their passion extends to supporting research in Alzheimer's disease, ALS (Lou Gehrig's disease), and cardiovascular medicine.

Grantmaking

The foundation also made nine additional grants in the 2024 fiscal year.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Illinois
  • Virginia
  • Wisconsin

Grant Distribution by State

6states

Cities

AtlantaChicagoGlenviewGreendaleLagrangeMerrifieldNew YorkNorthbrookPalatinePhiladelphiaSkokie

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending October 2024:

  • Total Assets: $9,337,822
  • Total Revenue: $679,273
  • Total Expenses: $1,304,720
  • Net Income: -$625,447
  • Total Liabilities: $0

Revenue Composition (2024):

  • Investment income and dividends: $644,953

As of Fiscal Year Ending October 2023:

  • Investment income and dividends: $15,383

The foundation operates with no employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$621K$1M$2M$2M201920202021202220232024
Metric202420232022
Total Assets$9,337,822$9,963,269$10,855,349
Revenue$679,273$666,266$894,538
Expenses$1,304,720$1,558,346$2,259,626
Qualifying Distributions$1,287,000$1,539,500$2,245,000
Net Investment Income$661,553$647,420$879,912
Distributable Amount$1,088,835$1,077,413$1,127,020

Giving Over Time

Total grant dollars and number of grants per year

$0$669K$1M$2M$3M10 grants201914 grants202010 grants202118 grants202225 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LOOKINGGLASS THEATER COM…$500KAMERICAN HEART ASSOCIATION$125KALZHEIMER'S ASSOCIATION$75KBREAKTHROUGH BOARD CANCE…$50KFIELD MUSEUM$50KLES TURNER ALS FOUNDATION$50KLEUKEMIA & LYMPHOMA SOCI…$50KMAKE-A-WISH FOUNDATION I…$50KSALVATION ARMY$50KNATIONAL KIDNEY FOUNDATI…$30K

Grant Size Distribution

96 grants across all recorded years

79<$50K13$50–100K1$100–250K$250–500K1$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Founders/Donors: Joan and Paul Rubschlager

Joan and Paul Rubschlager are longtime philanthropic partners in Chicago. Both are cancer survivors whose commitment to medical research has been shaped by witnessing medical breakthroughs throughout their lifetimes. Paul's father died from ALS, which has influenced the couple's support for neurodegenerative disease research.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAUL A RUBSCHLAGERTRUSTEE (PART-TIME)
JOAN S RUBSCHLAGERTRUSTEE (PART-TIME)

Recent News & Activity

Recent developments and announcements

2023

**American Heart Association Recognition (2023):**

2024

Joan and Paul Rubschlager were named Chicago Centennial Award honorees by the American Heart Association in 2024, recognizing their exemplary commitment to advancing the organization's mission. As volunteers, they have:

Joan and Paul Rubschlager named \u201CChicago Centennial Award\u201D honorees\

Dedicated hundreds of hours through roles on local boards and committees

Supported the placement of CPR kiosks at O'Hare International Airport and Rush University Medical Center, which have been visited by more than 30,000 individuals

Funded grants supporting early-career investigators in heart and brain health research

Made a $2 million donation to fund the Joan and Paul Rubschlager Precision Promise Fund

**Research Facilities Named in Honor:**

Joan and Paul Rubschlager Tribology Laboratory at Rush University's Orthopedic Surgery Research department

Joan and Paul Rubschlager Building at Rush University

Celebrating Excellence: Joan and Paul Rubschlager Building Wins LCI Design

Joan and Paul Rubschlager Professorship at Les Turner ALS Foundation

Introducing the Joan & Paul Rubschlager Professorship -

Related Funders

Similar funders by location and focus area

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

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