Philip H Corboy Foundation
The Philip H Corboy Foundation is a private foundation based in Chicago, Illinois, established in 1983. The foundation operates as a 501(c)(3) organization with a focus on charitable giving primarily in the Midwest.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$418K
-35.7% YoY
Annual Giving
$261K
-63.2% YoY
Grant Count
14
-33.3% YoY
Avg Grant Size
$19K
-44.8% YoY
Mission & Focus Areas
The foundation supports general charitable purposes with primary emphasis on:
- Education
- Health associations
- Children, youth, and social services
- Roman Catholic agencies and churches
- Philanthropy, voluntarism, and grantmaking
- Human services
Grantmaking
The foundation made 21 total grants according to the most recent IRS Form 990 PF filing for tax year 2023.
Grant Range
$500–$466,667
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Illinois
- Nebraska
- Colorado
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $650,347
- Total giving: $707,267
- Total revenues: $83,746
- Total expenses: $735,155
- Investment income and dividends: $37,154
- Net gain from sale of non-inventory assets: $46,592
Staff: 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $417,998 | $650,347 | $1,306,370 |
| Revenue | $42,407 | $83,746 | $188,105 |
| Expenses | $277,995 | $735,155 | $805,841 |
| Qualifying Distributions | $263,945 | $713,795 | $778,949 |
| Net Investment Income | $30,232 | $64,935 | $171,044 |
| Distributable Amount | $52,007 | $68,122 | $102,818 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Mary A Dempsey — President & Director
- Marcy A Twardak — Secretary & Director
- Daniel M Kotin — Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY A DEMPSEY | PRESIDENT & DIRECTOR | 10 | — |
| MARCY A TWARDAK | SECRETARY & DIRECTOR | 5 | — |
| DANIEL M KOTIN | DIRECTOR | 1 | — |
Contact Information
- Address: 33 N Dearborn St Ste 2100, Chicago, IL 60602-3192
- Phone: 312-368-0500
- Website: www.corboyfoundation.org
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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