Porat Family Foundation Joan Porat
Porat Family Foundation Joan Porat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 5 grants totaling $250K. Net investment income was $188K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
+11.5% YoY
Annual Giving
$250K
+21.4% YoY
Grant Count
5
-37.5% YoY
Avg Grant Size
$50K
+94.2% YoY
Under IRS private-foundation payout rules, Porat Family Foundation Joan Porat reported a distributable amount of $250K for 2024 — the minimum it must pay out in qualifying distributions.
About Porat Family Foundation Joan Porat
Based on IRS filings
Porat Family Foundation Joan Porat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 5 grants totaling $250K. Net investment income was $188K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,710,420 | $3,327,700 | $3,074,392 |
| Revenue | $79,671 | $60,970 | $56,357 |
| Expenses | $252,861 | $208,093 | $240,727 |
| Qualifying Distributions | $252,861 | $208,093 | $240,727 |
| Net Investment Income | $187,625 | $151,576 | $269,180 |
| Distributable Amount | $250,381 | $217,392 | $217,280 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grants 10000 or Less Each ($138,487), Anshee Emet Synagogue ($65,344), Anti Defamation League ($24,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANTI DEFAMATION LEAGUE VARIOUS, IL | GENERAL FUNDING | $24,000 |
| ANSHEE EMET SYNAGOGUE CHICAGO, IL | GENERAL FUNDING | $65,344 |
| CHICAGO COUNCIL ON GLOBAL AFFAIRS CHICAGO, IL | GENERAL FUNDING | $10,000 |
| JUF FUND AND SCHOLARSHIPS CHICAGO, IL | GENERAL FUNDING | $12,000 |
| GRANTS 10000 OR LESS EACH CHICAGO, IL | GENERAL FUNDING | $138,487 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AVNER PORAT | PRESIDENT | 5 | — |
| JOAN PORAT | VICE PRES | 1 | — |
| ILANA PORAT | SECRETARY | 1 | — |
| GIL PORAT | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Porat Family Foundation Joan Porat?
Porat Family Foundation Joan Porat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $3.7M in total assets as of 2024.
How large is Porat Family Foundation Joan Porat?
As of 2024, Porat Family Foundation Joan Porat holds $3.7M in total assets with $80K in annual revenue. It awarded 5 grants totaling $250K in 2024.
Where does Porat Family Foundation Joan Porat operate?
Porat Family Foundation Joan Porat has awarded grants in Illinois.
What size grants does Porat Family Foundation Joan Porat award?
In 2024, Porat Family Foundation Joan Porat awarded 5 grants totaling $250K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Porat Family Foundation Joan Porat required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Porat Family Foundation Joan Porat reported a distributable amount of $250K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Porat Family Foundation Joan Porat's EIN?
Porat Family Foundation Joan Porat's EIN (Employer Identification Number) is 31-1484046. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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