Petrovich Family Foundation
Petrovich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Downers Grove, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $1.2M. Net investment income was $86K.
Key facts about Petrovich Family Foundation
- EIN
- 26-3301164
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $1,168,064
- Grants made (2023)
- 3
- Average grant
- $389,355
- Median grant
- $25,000
- Primary geography
- Florida (97% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Petrovich Family Foundation funds
By grant dollars, the top recipient states for Petrovich Family Foundation's 3 itemized 2023 grants were Florida (97%). 33% of grants with a stated purpose were for general or operating support.
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.
Next steps with Petrovich Family Foundation
- How to evaluate Petrovich Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Petrovich Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.2M
+834.5% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$389K
+211.5% YoY
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.
About Petrovich Family Foundation
Based on IRS filings
Petrovich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Downers Grove, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $1.2M. Net investment income was $86K.
Focus Areas
Ready to take the next step with Petrovich Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 3 itemized 2023 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $1,032,779 | $1,323,841 |
| Revenue | $94,149 | $156,210 | $111,523 |
| Expenses | $1,180,151 | $135,227 | $109,714 |
| Qualifying Distributions | $1,168,829 | $125,000 | $100,000 |
| Net Investment Income | $85,882 | $147,850 | $101,809 |
| Distributable Amount | $49,358 | $53,064 | $65,552 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest recipients include Schwab Charitable Fund ($1,133,064), Mount Vernon Ladies' Assocation ($25,000), Serbian American Medical Associatio ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHWAB CHARITABLE FUND Orlando, FL | ADVOCACY | $1,133,064 |
| MOUNT VERNON LADIES' ASSOCATION Mount Vernon, VA | OPERATING | $25,000 |
| SERBIAN AMERICAN MEDICAL ASSOCIATIO Glen Echo, MD | ADVOCACY | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2023 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dushan Petrovich | Director | — | — |
| Nancy Petrovich | Director | — | — |
| Steven Petrovich | Director | — | — |
| Lisa Petrovich | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Petrovich Family Foundation?
Petrovich Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Downers Grove, IL. It holds — in total assets as of 2023.
Where does Petrovich Family Foundation operate?
Petrovich Family Foundation has awarded grants in Florida, Maryland, Virginia.
What size grants does Petrovich Family Foundation award?
In 2023, Petrovich Family Foundation awarded 3 grants totaling $1.2M — an average of about $389K per grant, based on its IRS Form 990 filings.
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 2020–2023.
Explore Open Grants
Browse active grant opportunities in Petrovich Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Arthur J Gallagher Foundation
Rolling Meadows, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
Northbrook, IL
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
Chicago, IL
Assets
$885.0M
Grants
1,485
Total Given
$31.9M
Baxter International Foundation
Deerfield, IL
Assets
$67.5M
Grants
1,300
Total Given
$13.7M
John D and Catherine T Macarthur
Chicago, IL
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
Chicago, IL
Assets
—
Grants
897
Total Given
$115.2M
Jewish Federation of Metropolitan
Chicago, IL
Assets
$1.1B
Grants
839
Total Given
$176.8M
Polk Bros Foundation Inc
Chicago, IL
Assets
—
Grants
568
Total Given
$19.3M
Circle of Service Foundation
Chicago, IL
Assets
—
Grants
637
Total Given
$37.0M
Ea Mellinger Educational
Monmouth, IL
Assets
$23.3M
Grants
556
Total Given
$1.1M
Helen V Brach Foundation
Chicago, IL
Assets
$127.9M
Grants
553
Total Given
$5.9M
More Funders in Illinois
Data last updated September 2026. Sourced from IRS Form 990-PF filings.