Red Bird Hollow Foundation

LAKE FOREST, IL EIN: 36-3747664

Red Bird Hollow Foundation is a private family foundation established in 1991 and based in Lake Forest, Illinois. The foundation is the philanthropic vehicle of the Lillard family and operates as a 501(c)(3) organization with tax-exempt status since June 1991 (EIN: 36-3747664).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$435K

-74.6% YoY

Grant Count

26

-50.0% YoY

Avg Grant Size

$17K

-49.2% YoY

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

Mission & Focus Areas

The foundation gives primarily for education and youth programs. According to tax filings and public records, Red Bird Hollow Foundation supports a diverse range of causes including:

  • Education (K-12 and higher education)
  • Youth programs
  • Arts and culture
  • Human services
  • Health
  • Environment
  • Religious causes

The foundation demonstrates particular commitment to education and youth initiatives, with notable support for institutions with which the Lillard family is affiliated.

Grantmaking

Red Bird Hollow Foundation takes a proactive approach to grantmaking rather than accepting unsolicited applications. The foundation does not maintain a website to guide grantseekers, reflecting its preference to keep a low profile.

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Geographic Focus

Where this funder awards grants

While the foundation makes grants nationally, nonprofits in the Lake Forest area and Chicago metropolitan region may have an advantage in receiving support. The foundation shows particular interest in organizations within the Chicago area.

Grant Distribution by State

17states
+9 more states

Cities

ALEXANDRIAALFREDARLINGTONARLINGTON HEIGHTSATLANTAAUSTINBALA CYNWYDBOCA GRANDEBOONEBOSTONBURR RIDGECHARLOTTESVILLECHICAGOCINCINNATIEVANSTONFALLS CHURCHGLENCOEGRAYSLAKEHIGHWOODHILLSDALE

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending June 2024:

  • Total Assets: $1,733,017
  • Total Revenue: $39,474
  • Total Expenses: $438,831
  • Total Liabilities: $0
  • Number of Employees: 0

Revenue Composition (FY 2024):

  • Investment income and dividends: $23,427
  • Other income from Wintrust Chicago Trust Company

Year-over-Year Changes: Investment income declined 27.7% from $32,400 in FY 2023 to $23,427 in FY 2024.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$428K$855K$1M$2M57 grants202166 grants202252 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF VIRGINIA -…$295KJUVENILE DIABETES RESEAR…$30KLAKE FOREST OPEN LANDS A…$26KCHICAGO SYMPHONY FOUNDAT…$10KCHURCH OF THE HOLY SPIRIT$10KLAKE FOREST COLLEGE$10KTEACH FOR AMERICA$10KGASPARILLA ISLAND CONSER…$5KGORTON COMMUNITY CENTER$5KJUDICIAL WATCH INC$5K

Grant Size Distribution

176 grants across all recorded years

160<$50K2$50–100K9$100–250K4$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Paula Lillard serves as the foundation's principal contact and is an education professional who co-founded Forest Bluff School, a Montessori school in Forest Bluff, Illinois.

John S. Lillard was a real estate investment executive and co-founder of the family's philanthropic efforts. He passed away in 2024.

Contact: Paula Lillard, 1340 N Waukegan Rd, Lake Forest, IL 60045-1147; Telephone: 312-207-1040

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAULA POLK LILLARDPRESIDENT1
PAULA PRESCHLACKVP/TREASURER1
HELEN JESSENSECRETARY1
MARGARET KELLEYVICE PRESIDENT1

Related Funders

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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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