Schwabero Family Foundation

CHICAGO, IL EIN: 83-6559508

Schwabero Family Foundation 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 $2.7M in total assets. In 2024, it awarded 20 grants totaling $47K. Net investment income was $186K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

+8.8% YoY

Annual Giving

$47K

+23.2% YoY

Grant Count

20

+17.6% YoY

Avg Grant Size

$2K

+4.7% YoY

Under IRS private-foundation payout rules, Schwabero Family Foundation reported a distributable amount of $138K for 2024 — the minimum it must pay out in qualifying distributions.

About Schwabero Family Foundation

Based on IRS filings

Schwabero Family Foundation 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 $2.7M in total assets. In 2024, it awarded 20 grants totaling $47K. Net investment income was $186K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AtlantaAuroraCarol StreamChicagoColumbusDelawareFort WayneGarden ValleyHagerstownIndianapolisJacksonvilleKansas CityLanhamLisleMerrifieldNapervilleNew BremenNew KnoxvillePalm HarborPawnee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$372K$744K$1M$1M20202021202220232024
Metric202420232022
Total Assets$2,725,393$2,504,110$2,311,857
Revenue$280,761$241,591$228,584
Expenses$59,478$49,338$52,082
Qualifying Distributions$47,379$38,450$42,030
Net Investment Income$185,659$57,731$47,600
Distributable Amount$137,953$123,888$115,800

Giving Over Time

Total grant dollars and number of grants per year

$0$191K$383K$574K$766K13 grants20207 grants202120 grants202217 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NEW KNOXVILLE HIGH SCHOO…$14KTHE OHIO STATE UNIVERSIT…$10KST PAUL'S UNITED CHURCH …$7KNEW BREMEN HISTORIC ASSO…$5KTHE NEW BREMEN FOUNDATION$5KMIDWEST MISSION DISTRIBU…$2KMERCY SHIPS$1KWAYSIDE CROSS MINISTRIES$1KJUNIOR ACHIEVEMENT OF NO…$700HESED HOUSE$500

Grant Size Distribution

77 grants across all recorded years

75<$50K$50–100K1$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include New Knoxville High School Athletic Boosters ($13,940), The Ohio State University Foundation ($10,050), St Paul's United Church of Christ ($6,955).

RecipientPurposeAmount
BREAKTHROUGH T1D TYPE 1 DIABETES HAGERSTOWN, MDGENERAL PURPOSES$100
CANCER ASSOCIATION OF AUGLAIZE COUNTY ST MARYS, OHGENERAL PURPOSES$100
HESED HOUSE AURORA, ILGENERAL PURPOSES$500
JUNIOR ACHIEVEMENT OF NORTHERN INDIANA FORT WAYNE, INGENERAL PURPOSES$700
KIDS WISH NETWORK PALM HARBOR, FLGENERAL PURPOSES$125
LITTLE FRIENDS WARRENVILLE, ILGENERAL PURPOSES$200
LOAVES AND FISHES COMMUNITY SERVICES NAPERVILLE, ILGENERAL PURPOSES$200
MERCY SHIPS GARDEN VALLEY, TXGENERAL PURPOSES$1,000
MIDWEST MISSION DISTRIBUTION CENTER PAWNEE, ILGENERAL PURPOSES$1,500
NAPERVILLE GARDEN CLUB NAPERVILLE, ILGENERAL PURPOSES$420

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARK D SCHWABEROTRUSTEE0.25
CHARLOTTE A SCHWABEROTRUSTEE0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Schwabero Family Foundation?

Schwabero Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $2.7M in total assets as of 2024.

How large is Schwabero Family Foundation?

As of 2024, Schwabero Family Foundation holds $2.7M in total assets with $281K in annual revenue. It awarded 20 grants totaling $47K in 2024.

Where does Schwabero Family Foundation operate?

Schwabero Family Foundation has awarded grants in Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Maryland, Michigan, Missouri, New York, Ohio, Texas, Virginia.

What size grants does Schwabero Family Foundation award?

In 2024, Schwabero Family Foundation awarded 20 grants totaling $47K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Schwabero Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Schwabero Family Foundation reported a distributable amount of $138K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Schwabero Family Foundation's EIN?

Schwabero Family Foundation's EIN (Employer Identification Number) is 83-6559508. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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