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.
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
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 |
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 include St Francis High School ($46,085), St Petronille Catholic School ($13,655), Trinity House ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMBASSADORS FOOTBALL CLUB TWINSBURG, OH | UNRESTRICTED FOR GENERAL USE OF CHARITY | $6,000 |
| HUMANE SOCIETY WASHINGTON, DC | UNRESTRICTED FOR GENERAL USE OF CHARITY | $456 |
| LEUKEMIA & LYMPHOMA SOCIETY RYE BROOK, NY | UNRESTRICTED FOR GENERAL USE OF CHARITY | $100 |
| MARCH FOURTH WINNETKA, IL | UNRESTRICTED FOR GENERAL USE OF CHARITY | $311 |
| 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 |
| HEALTHNET FOUNDATION INDIANAPOLIS, IN | UNRESTRICTED FOR GENERAL USE OF CHARITY | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN J SCHWAN III | PRESIDENT, SECRETARY & DIR | 0.19 | — |
| REGINA M SCHWAN | V. PRESIDENT, TREASURER & | — | — |
| JOHN J SCHWAN II | DIRECTOR | — | — |
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.
Explore Open Grants
Browse active grant opportunities in Schwan Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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