Polk Family Charitable Fund

Foundation · Grantmaker Highland Park, IL EIN: 36-3332896

The Polk Family Charitable Fund is a private foundation based in Highland Park, Illinois. Its 2025 filing reports 72 grants totaling $274,850 to charitable organizations.

Key facts about Polk Family Charitable Fund

In short: Polk Family Charitable Fund gave $275K across 72 grants in 2025 (avg $4K), mostly in Illinois. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
36-3332896
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$274,850
Grants made (2025)
72
Average grant
$3,817
Median grant
$1,100
New grantees (estimate)
24% first-time grantees (17 of 72, 2025)
Total assets
$1,597,623
Primary geography
Illinois (56% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.6M

-8.3% YoY

Annual Giving

$275K

+16.8% YoY

Grant Count

72

+5.9% YoY

Avg Grant Size

$4K

+10.3% YoY

Under IRS private-foundation payout rules, Polk Family Charitable Fund reported a distributable amount of $189K for 2025 — the minimum it must pay out in qualifying distributions.

Is Polk Family Charitable Fund open to new grantees?

24%

first-time grantees, 2025

In 2025, 17 of 72 grantees (24%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count

Medians: $1K first-time, $1K repeat.

  • 69% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+17%). Method
  • In 2025 it paid out 149% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the fund is provided. Its 2025 grantees describe a range of activities: Cradles to Crayons says it provides essential items to children in homeless or low-income situations; Wellesley College says it provides a liberal arts education for women; and the American College of Surgeons Foundation says it supports the charitable and educational work of the ACS. Other grantees include Ravinia Festival Association, which describes its work as presenting music performances, and Boulder Shelter for the Homeless, which says it creates avenues to stable housing for homeless adults.

Grantmaking

In 2025, the fund reported 72 grants totaling $274,850. Grants ranged from $300 to $50,000, with a median of $1,100. Among the largest awards were $50,000 to Cradles to Crayons; $20,000 each to the American College of Surgeons Foundation, Friends of Israel Defense Forces, and Wellesley College; and $14,000 each to the Royal Ontario Museum Foundation and Colorado Gives Foundation.

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Geographic Focus

Where this funder awards grants

In 2025, the largest reported shares of grant dollars went to recipients in Illinois (56%), Massachusetts (10%), and Colorado (10%). Arizona accounted for 5%; a further 6% was assigned to an unidentified state in the filing data.

Grant Distribution by State

16states

Share of all 72 itemized 2025 grant dollars.

Cities

ChicagoPortlandHighland ParkBoulderNorthbrookPhoenixOregon CityBuffaloScottsdaleBellinghamWashingtonGlencoeLake ForestArvadaBostonLafayetteLas VegasOak GroveWellesleyCarbondale

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K68 grants201968 grants202070 grants202164 grants202273 grants202368 grants202472 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Cradles to Crayons: $50KCradles to Crayons$50KAmerican College of Surgeons Foundation: $20KAmerican College of SurgeonsFoundation$20KFriends of Israel Defense Forces: $20KFriends of Israel DefenseForces$20KWellesley College: $20KWellesley College$20KRoyal Ontario Museum Foundation: $14KRoyal Ontario MuseumFoundation$14KColorado Gives Foundation: $14KColorado Gives Foundation$14KOrt America: $9KOrt America$9KSuffolk University: $8KSuffolk University$8KRavinia Festival Association: $8KRavinia Festival Association$8KSchool Alternatives: $7KSchool Alternatives$7K

Grant Size Distribution

347 grants across all recorded years

346<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CRADLES TO CRAYONS Chicago, ILGRANT AWARD$50,000
AMERICAN COLLEGE OF SURGEONS FOUNDATION Chicago, ILGRANT AWARD$20,000
FRIENDS OF ISRAEL DEFENSE FORCES Chicago, ILGRANT AWARD$20,000
WELLESLEY COLLEGE Wellesley, MAGRANT AWARD$20,000
ROYAL ONTARIO MUSEUM FOUNDATION GRANT AWARD$14,000
COLORADO GIVES FOUNDATION Arvada, COGRANT AWARD$14,000
ORT AMERICA Northbrook, ILGRANT AWARD$9,000
SUFFOLK UNIVERSITY Boston, MAGRANT AWARD$8,000
RAVINIA FESTIVAL ASSOCIATION Highland Park, ILGRANT AWARD$7,500
SCHOOL ALTERNATIVES Portland, ORGRANT AWARD$7,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $1,597,623 $152,635 $293,653 $274,850 72
2024 $1,742,861 $231,986 $248,757 $235,334 68
2023 $1,759,412 $127,788 $256,733 $235,525 73
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019202020212022202320242025
Metric202520242023
Total Assets$1,597,623$1,742,861$1,759,412
Revenue$152,635$231,986$127,788
Expenses$293,653$248,757$256,733
Qualifying Distributions$282,628$239,774$239,645
Net Investment Income$139,895$223,016$101,639
Distributable Amount$189,493$174,245$167,289

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 24, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 21, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 24, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 16, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 11, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 5, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists the following officers and directors: Linda E Cutler, president; Bruce R Bachmann, Edward M Polk, Sandra P Guthman, Howard J Polk, Jeffry A Lewis, Jeffrey A Polk, Barbara P Milstein, Dr Travis M Polk LT MC USN USN, and Ellen P Multack, directors.

Polk Family Charitable Fund is led by Linda E. Cutler, President since 2024 (on filings since 2019); none of the 11 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Linda E. Cutler

    President

    Treasurer → President, 2024

    On filings since 2019

    No compensation reported

  • Barbara P. Milstein

    Director

    On filings since 2019

    No compensation reported

  • Bruce R. Bachmann

    Director

    On filings since 2019

    No compensation reported

  • E. Richard Polk

    Director

    On filings since 2019

    No compensation reported

  • Edward M. Polk

    Director

    On filings since 2019

    No compensation reported

  • Ellen P. Multack

    Director

    President → Director, 2024

    On filings since 2019

    No compensation reported

  • Howard J. Polk

    Director

    On filings since 2019

    No compensation reported

  • Jeffrey A. Polk

    Director

    On filings since 2019

    No compensation reported

  • Jeffry A. Lewis

    Director

    Vice President → Director, 2024

    On filings since 2019

    No compensation reported

  • Sandra P. Guthman

    Director

    On filings since 2019

    No compensation reported

  • Travis M. Polk Lt Mc Usn Usn

    Director

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 675 N North Court Suite 450, Palatine, IL 60067
Phone: (312) 641-5765

Frequently asked questions about Polk Family Charitable Fund

How much does Polk Family Charitable Fund give each year?

Polk Family Charitable Fund gave $275K across 72 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $235K across 68 grants.

What is Polk Family Charitable Fund's typical grant size?

Polk Family Charitable Fund's median grant in 2025 was $1,100, and its average grant was $3,817, across 72 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Polk Family Charitable Fund that year got $2K on average.

Where does Polk Family Charitable Fund give grants?

Polk Family Charitable Fund gives mostly in Illinois: 56% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (10%) and Colorado (10%). The most frequent recipient cities were Chicago, IL (12 grants), Portland, OR (9 grants), Highland Park, IL (7 grants) and Phoenix, AZ (6 grants).

Does Polk Family Charitable Fund give general operating support?

Not in 2025: none of the 72 grants with a stated purpose on Polk Family Charitable Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Grant Award" (71 grants).

Who are Polk Family Charitable Fund's largest grantees?

Polk Family Charitable Fund's largest 2025 grantees include Cradles to Crayons ($50,000), American College of Surgeons Foundation ($20,000) and Friends of Israel Defense Forces ($20,000), according to its 2025 IRS Form 990-PF. Together they received 33% of its itemized 2025 grant dollars.

How large is Polk Family Charitable Fund?

Polk Family Charitable Fund reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $283K in qualifying distributions that year, against a required minimum of $189K (roughly 5% of its investment assets).

What does Polk Family Charitable Fund fund?

No mission statement for the fund is provided. Its 2025 grantees describe a range of activities: Cradles to Crayons says it provides essential items to children in homeless or low-income situations; Wellesley College says it provides a liberal arts education for women; and the American College of Surgeons Foundation says it supports the charitable and educational work of the ACS. Other grantees include Ravinia Festival Association, which describes its work as presenting music performances, and …

How do I apply for a grant from Polk Family Charitable Fund?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Polk Family Charitable Fund's EIN?

Polk Family Charitable Fund's EIN (Employer Identification Number) is 36-3332896. IRS Form 990 filing data is available on this page for 2019–2025.

Does Polk Family Charitable Fund accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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