Schwan Family Foundation
Schwan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Glen Ellyn, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $757K in total assets. In 2024, it awarded 8 grants totaling $78K. Net investment income was $49K.
Key facts about Schwan Family Foundation
- EIN
- 81-0734835
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $77,607
- Grants made (2024)
- 8
- Average grant
- $9,701
- Median grant
- $3,500
- Total assets
- $757,011
- Primary geography
- Illinois (77% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Schwan Family Foundation funds
By grant dollars, the top recipient states for Schwan Family Foundation's 8 itemized 2024 grants were Illinois (77%), Indiana (14%) and Ohio (8%). The most frequent recipient cities were Indianapolis, IN (2 grants). 100% of grants with a stated purpose were for general or operating support.
How Schwan Family Foundation gives
- Giving grew 23% from 2021 to 2024. Method
- In 2024 it paid out 192% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Schwan Family Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$757K
-4.5% YoY
Annual Giving
$78K
-2.1% YoY
Grant Count
8
-20.0% YoY
Avg Grant Size
$10K
+22.4% YoY
Under IRS private-foundation payout rules, Schwan Family Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About Schwan Family Foundation
Based on IRS filings
Schwan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Glen Ellyn, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $757K in total assets. In 2024, it awarded 8 grants totaling $78K. Net investment income was $49K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $757,011 | $792,821 | $650,459 |
| Revenue | $55,869 | $314,141 | $66,069 |
| Expenses | $91,672 | $90,365 | $54,770 |
| Qualifying Distributions | $80,478 | $83,379 | $49,115 |
| Net Investment Income | $48,869 | $156,763 | $10,414 |
| Distributable Amount | $42,019 | $31,339 | $34,013 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
58 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include St Francis High School ($46,085), St Petronille Catholic School ($13,655), Trinity House ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST FRANCIS HIGH SCHOOL Wheaton, IL | UNRESTRICTED FOR GENERAL USE OF CHARITY | $46,085 |
| ST PETRONILLE CATHOLIC SCHOOL Glen Ellyn, IL | UNRESTRICTED FOR GENERAL USE OF CHARITY | $13,655 |
| TRINITY HOUSE Indianapolis, IN | UNRESTRICTED FOR GENERAL USE OF CHARITY | $10,000 |
| AMBASSADORS FOOTBALL CLUB Twinsburg, OH | UNRESTRICTED FOR GENERAL USE OF CHARITY | $6,000 |
| HEALTHNET FOUNDATION Indianapolis, IN | UNRESTRICTED FOR GENERAL USE OF CHARITY | $1,000 |
| HUMANE SOCIETY Washington, DC | UNRESTRICTED FOR GENERAL USE OF CHARITY | $456 |
| MARCH FOURTH Winnetka, IL | UNRESTRICTED FOR GENERAL USE OF CHARITY | $311 |
| LEUKEMIA & LYMPHOMA SOCIETY Rye Brook, NY | UNRESTRICTED FOR GENERAL USE OF CHARITY | $100 |
Leadership & Key People
Officers and directors from IRS filings
Schwan Family Foundation is led by John J. Schwan III, President, Secretary & Director on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
John J. Schwan III
President, Secretary & Director
On filings since 2020
0.2 hrs/week
No compensation reported
Regina M. Schwan
V. President & Treasurer
On filings since 2020
No compensation reported
John J. Schwan II
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schwan Family Foundation?
Schwan Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Glen Ellyn, IL. It holds $757K in total assets as of 2024.
How large is Schwan Family Foundation?
As of 2024, Schwan Family Foundation holds $757K in total assets with $56K in annual revenue. It awarded 8 grants totaling $78K in 2024.
Where does Schwan Family Foundation operate?
Schwan Family Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Illinois, Indiana, New Jersey, New York, Ohio, South Carolina, Texas, West Virginia.
What size grants does Schwan Family Foundation award?
In 2024, Schwan Family Foundation awarded 8 grants totaling $78K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Schwan Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Schwan Family Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Schwan Family Foundation's EIN?
Schwan Family Foundation's EIN (Employer Identification Number) is 81-0734835. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.