Schroeder Foundation
Schroeder Foundation is a private foundation, based in Lake Bluff, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5.5M in total assets. In 2025, it awarded 2 grants totaling $339K. Net investment income was $716K.
Schroeder Foundation at a glance
In short: Schroeder Foundation gave $339K across 2 grants in 2025 (avg $170K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $339,000
- +6.6% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $169,500
- +6.6% vs 2024
- Median grant
- $169,500
- Total assets
- $5,455,323
- +0.8% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Schroeder Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Various others ($307K). Together the top 2 received $339K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How Schroeder Foundation gives
- Giving grew 52% from 2022 to 2025. Method
- In 2025 it paid out 130% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $221K (2023) to $339K (2025). In 2025 it made 2 grants totaling $339K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various others See attached details, IL | General operating support | $307,000 |
| Northwestern University Evanston, IL | General operating support | $32,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $5,455,323 | $718,601 | $362,238 | $339,000 | 2 | $341,118 | $716,357 | $262,432 |
| 2024 | $5,409,534 | $669,284 | $324,552 | $318,000 | 2 | $319,750 | $667,364 | $243,600 |
| 2023 | $4,469,717 | $194,940 | $232,378 | $221,000 | 2 | $223,302 | $192,593 | $199,346 |
| 2022 | $3,857,186 | $463,217 | $226,518 | $223,000 | 2 | $224,500 | $461,694 | $193,662 |
| 2021 | $4,634,661 | $360,848 | $227,046 | $223,000 | 2 | — | $359,057 | $208,485 |
Under IRS private-foundation payout rules, Schroeder Foundation reported a distributable amount of $262K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Schroeder Foundation is led by Elizabeth S Hough, President on every filing since 2021; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Elizabeth S Hough
President
On filings since 2021
No compensation reported
Charles E Schroeder
Vice President
On filings since 2021
No compensation reported
Charles E Schroeder Jr.
Treasurer
On filings since 2021
No compensation reported
Elizabeth R Schroeder
Secretary
On filings since 2021
No compensation reported
Timothy C Schroeder
Vice President
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 Schroeder Foundation
How much does Schroeder Foundation give each year?
Schroeder Foundation gave $339K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $318K across 2 grants.
How large is Schroeder Foundation?
Schroeder Foundation reported $5.5M in total assets on its 2025 IRS Form 990-PF. It paid out $341K in qualifying distributions that year, against a required minimum of $262K (roughly 5% of its investment assets).
Where does Schroeder Foundation operate?
Schroeder Foundation has awarded grants in Illinois.
What is Schroeder Foundation's EIN?
Schroeder Foundation's EIN (Employer Identification Number) is 36-6192962. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 6, 2023)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 16, 2024)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 26, 2026)
- IRS filings on file for fiscal years 2021–2025
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