Scott Family Foundation
Scott 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 $801K in total assets. In 2024, it awarded 6 grants totaling $340K. Net investment income was $149K.
Key facts about Scott Family Foundation
- EIN
- 20-4400267
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $340,000
- Grants made (2024)
- 6
- Average grant
- $56,667
- Median grant
- $25,000
- Total assets
- $800,663
- Primary geography
- New York (44% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Scott Family Foundation funds
By grant dollars, the top recipient states for Scott Family Foundation's 6 itemized 2024 grants were New York (44%), Indiana (37%) and Illinois (19%). The most frequent recipient cities were Chicago, IL (3 grants). 100% of grants with a stated purpose were for general or operating support.
How Scott Family Foundation gives
- Giving fell 79% from 2021 to 2024. Method
- In 2024 it paid out 641% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Scott Family Foundation
- How to evaluate Scott Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$801K
-18.1% YoY
Annual Giving
$340K
+28.3% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$57K
-14.5% YoY
Under IRS private-foundation payout rules, Scott Family Foundation reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.
About Scott Family Foundation
Based on IRS filings
Scott 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 $801K in total assets. In 2024, it awarded 6 grants totaling $340K. Net investment income was $149K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $800,663 | $977,370 | $1,211,183 |
| Revenue | $154,978 | $-7,289 | $933,777 |
| Expenses | $343,292 | $273,096 | $1,686,333 |
| Qualifying Distributions | $340,000 | $266,875 | $1,663,475 |
| Net Investment Income | $149,305 | $37,895 | $124,908 |
| Distributable Amount | $53,049 | $62,563 | $101,143 |
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 4 recipients in 2024
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Anti-Defamation League ($150,000), University of Illinois ($100,000), Spotivity Gateway Foundation ($65,000 across 3 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| Anti-Defamation League New York, NY | General Support | $150,000 |
| University of Illinois Champaign, IN | General Support | $100,000 |
| Spotivity Gateway Foundation Chicago, IL | General Support | $25,000 |
| University of Notre Dame Notre Dame, IN | General Support | $25,000 |
| Spotivity Gateway Foundation Chicago, IL | General Support | $20,000 |
| Spotivity Gateway Foundation Chicago, IL | General Support | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Scott Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Carleen L Schreder
Director
On filings since 2020
No compensation reported
Julie E Scott
Director
On filings since 2020
No compensation reported
Thomas M Scott
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 Scott Family Foundation?
Scott Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds $801K in total assets as of 2024.
How large is Scott Family Foundation?
As of 2024, Scott Family Foundation holds $801K in total assets with $155K in annual revenue. It awarded 6 grants totaling $340K in 2024.
Where does Scott Family Foundation operate?
Scott Family Foundation has awarded grants in Arizona, California, Illinois, Indiana, New York.
What size grants does Scott Family Foundation award?
In 2024, Scott Family Foundation awarded 6 grants totaling $340K — an average of about $57K per grant, based on its IRS Form 990 filings.
How much is Scott Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Scott Family Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Scott Family Foundation's EIN?
Scott Family Foundation's EIN (Employer Identification Number) is 20-4400267. 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.