Petrovich Family Foundation

Private foundation · Grantmaker Downers Grove, IL EIN: 26-3301164

Petrovich Family Foundation is a private foundation, based in Downers Grove, IL. IRS filing data is available from 2019 through 2023. In 2023, it awarded 3 grants totaling $1.2M. Net investment income was $86K.

Petrovich Family Foundation at a glance

In short: Petrovich Family Foundation gave $1.2M across 3 grants in 2023 (avg $389K), mostly in Florida. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$1,168,064
+834.5% vs 2022
Grants made (2023)
3
+200.0% vs 2022
Average grant
$389,355
+211.5% vs 2022
Median grant
$25,000
Primary geography
Florida (97% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Petrovich Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Schwab Charitable Fund: $1.1MSchwab Charitable Fund$1.1MMount Vernon Ladies' Assocation: $25KMount Vernon Ladies'Assocation$25KSerbian American Medical Associatio: $10KSerbian American MedicalAssociatio$10K

The largest 2023 recipient was Schwab Charitable Fund ($1.1M). Together the top 3 received $1.2M.

Grant Size Distribution

6 grants across all recorded years

2<$50K$50–100K3$100–250K$250–500K$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 3 grants of 6 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2023 grant dollars across all 3 itemized grants.

Cities

Glen EchoChicagoMount VernonOrlando

How Petrovich Family Foundation gives

  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). 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$500K$1M$1.5M1 grant2019 0 grants2020 1 grant2021 1 grant2022 3 grants2023

From 2019 to 2023, annual grant giving ranged from $100K (2021) to $1.2M (2023). In 2023 it made 3 grants totaling $1.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Fund Orlando, FLAdvocacy$1,133,064
Mount Vernon Ladies' Assocation Mount Vernon, VAOperating$25,000
Serbian American Medical Associatio Glen Echo, MDAdvocacy$10,000
Your AI grants department

Ready to take the next step with Petrovich Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$94,149$1,180,151$1,168,0643$1,168,829$85,882$49,358
2022$1,032,779$156,210$135,227$125,0001$125,000$147,850$53,064
2021$1,323,841$111,523$109,714$100,0001$100,000$101,809$65,552
2020$1,267,347$55,604$10,048———$47,320$52,514
2019$1,101,007$73,161$161,227$150,0001—$64,685$51,263

Under IRS private-foundation payout rules, Petrovich Family Foundation reported a distributable amount of $49K for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Petrovich Family Foundation's 2023 filing lists 4 officers; none of the 4 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Dushan Petrovich

    Director

    On filings since 2019

    No compensation reported

  • Lisa Petrovich

    Director

    On filings since 2019

    No compensation reported

  • Nancy Petrovich

    Director

    On filings since 2019

    No compensation reported

  • Steven Petrovich

    Director

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "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 Petrovich Family Foundation

How much does Petrovich Family Foundation give each year?

Petrovich Family Foundation gave $1.2M across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $125K across 1 grant.

What is Petrovich Family Foundation's typical grant size?

Petrovich Family Foundation's median grant in 2023 was $25,000, and its average grant was $389,355, across 3 grants on its 2023 IRS Form 990-PF.

Where does Petrovich Family Foundation give grants?

Petrovich Family Foundation gives mostly in Florida: 97% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there.

Does Petrovich Family Foundation give general operating support?

Yes: 33% of Petrovich Family Foundation's 2023 grants with a stated purpose (1 of 3) were for general or operating support, per its 2023 IRS Form 990-PF.

How much is Petrovich Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Petrovich Family Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Petrovich Family Foundation's EIN?

Petrovich Family Foundation's EIN (Employer Identification Number) is 26-3301164. IRS Form 990 filing data is available on this page for 2019–2023.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS April 14, 2020)
  2. IRS filings on file for fiscal years 2020–2023

Explore Open Grants

Browse active grant opportunities in Petrovich Family Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

The Planetary Society

Pasadena, CA

The Planetary Society empowers the world's citizens to advance space science and exploration. Together with our members, the Planetary Society develops space technology, guides future space policy, and inspires people of all ages to value the adventure of exploration and the joy of discovery.

Arts, Culture & Humanities

Assets

$7.8M

Grants

1

Total Given

$25K

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

The Michael and Roberta Seedman Family

Bannockburn, IL

Assets

$173K

Grants

7

Total Given

$68K

IDP Foundation Inc

Chicago, IL

IDP Foundation primarily funds education access and quality, especially affordable non-state schools and education systems in developing countries, with additional support for medical research and early-stage entrepreneurship; its education work includes Ghana and Kenya. In 2024, grants ranged from $3,500 to $740,000, with a median of $17,500. It funds only preselected charitable organizations and does not accept unsolicited requests.

Assets

$53.0M

Grants

10

Total Given

$1.3M

Bryan Cressey and Iliana Sweis

Chicago, IL

The foundation supports a range of work, including recovery services, research, education, and conservation, with most of its 2025 giving going to Illinois organizations. Grants ranged from $200 to $1.4 million, with a median of $11,250; it considers only major public charities. The profile says to contact Bryan C. Cressey and notes that no special forms or deadlines are required.

Philanthropy, Voluntarism & Grantmaking

Assets

$3.8M

Grants

16

Total Given

$1.9M

Holzheimer Fund

Chicago, IL

The fund supports cultural, educational, health, and community organizations, with recent grants ranging from $100 to $7,500 and a median of $1,000. Most grant dollars go to Illinois, though it has also funded organizations in California, Texas, Washington, DC, and Indiana. It gives only to preselected charitable organizations and does not accept unsolicited requests.

Assets

$156K

Grants

19

Total Given

$24K

More similar funders

More Funders in Illinois

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

Figures come from Petrovich Family Foundation'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.

Petrovich Family Foundation down — hundreds of funders to go?

Want AI to do this for you?