S5 Foundation Inc
S5 Foundation Inc is a private foundation, based in Wilmette, IL. IRS filing data is available from 2019 through 2025. In 2025, it awarded 7 grants totaling $4.5M. Net investment income was $71K.
Key facts about S5 Foundation Inc
In short: S5 Foundation Inc gave $4.5M across 7 grants in 2025 (avg $646K), mostly in Ohio. Source: 2025 IRS Form 990-PF.
- EIN
- 39-6105207
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $4,520,790
- Grants made (2025)
- 7
- Average grant
- $645,827
- Median grant
- $11,000
- Primary geography
- Ohio (99% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$4.5M
+935.9% YoY
Grant Count
7
+600.0% YoY
Avg Grant Size
$646K
+48.0% YoY
Under IRS private-foundation payout rules, S5 Foundation Inc reported a distributable amount of $211K for 2025 — the minimum it must pay out in qualifying distributions.
How S5 Foundation Inc gives
- Giving grew 1181% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $255K (2019) to $4.5M (2025). In 2025 it made 7 grants totaling $4.5M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was American Endowment Foundation ($4.5M across 2 grants). Together the top 6 received $4.5M.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 6 grants of 11 (55%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Endowment Foundation Hudson, OH | Charitable | $4,454,290 |
| Heartland Human Care Services Chicago, IL | Charitable | $25,000 |
| Heartland Alliance Intl Chicago, IL | Charitable | $15,000 |
| American Endowment Foundation Hudson, OH | Charitable | $11,000 |
| Network for Young Adult Success Chicago, IL | Charitable | $10,000 |
| Kala Art Berkeley, CA | Charitable | $5,000 |
| Mental Health Liberation Portland, OR | Charitable | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | — | $1,353,005 | $1,435,103 |
| Revenue | $298,310 | $355,862 | $89,871 |
| Expenses | $4,523,056 | $437,960 | $426,837 |
| Qualifying Distributions | $4,520,790 | $436,400 | $421,500 |
| Net Investment Income | $71,149 | $86,298 | $91,179 |
| Distributable Amount | $210,568 | $254,496 | $236,542 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 8, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 6, 2026)
- IRS filings on file for fiscal years 2019–2025
Leadership & Key People
Officers and directors from IRS filings
S5 Foundation Inc is led by Michael A. Schield, President & Treasurer on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael A. Schield
President & Treasurer
On filings since 2019
40 hrs/week
No compensation reported
Audrey Schield
Director
On filings since 2019
1 hr/week
No compensation reported
Nina Schield
Director
On filings since 2019
1 hr/week
No compensation reported
Jill S. Schield
Vice President & Secretary
On filings since 2019
10 hrs/week
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.
Frequently asked questions about S5 Foundation Inc
How much does S5 Foundation Inc give each year?
S5 Foundation Inc gave $4.5M across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $436K across 1 grant.
What is S5 Foundation Inc's typical grant size?
S5 Foundation Inc's median grant in 2025 was $11,000, and its average grant was $645,827, across 7 grants on its 2025 IRS Form 990-PF.
Where does S5 Foundation Inc give grants?
S5 Foundation Inc gives mostly in Ohio: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (3 grants) and Hudson, OH (2 grants).
Does S5 Foundation Inc give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on S5 Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (7 grants).
Who are S5 Foundation Inc's largest grantees?
S5 Foundation Inc's largest 2025 grantees include American Endowment Foundation ($4,465,290 across 2 grants), Heartland Human Care Services ($25,000) and Heartland Alliance Intl ($15,000), according to its 2025 IRS Form 990-PF.
How much is S5 Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, S5 Foundation Inc reported a distributable amount of $211K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is S5 Foundation Inc's EIN?
S5 Foundation Inc's EIN (Employer Identification Number) is 39-6105207. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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