Shade Family Foundation

Private foundation · Grantmaker Chicago, IL EIN: 27-2914052

SHADE FAMILY FOUNDATION is a private foundation based in Chicago, Illinois. In its 2024 filing, it reported 22 grants totaling $133,957; the listed grants were designated for social services.

Key facts about Shade Family Foundation

In short: Shade Family Foundation gave $134K across 22 grants in 2024 (avg $6K), mostly in Illinois. 14% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
27-2914052
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$133,957
Grants made (2024)
22
Average grant
$6,089
Median grant
$1,704
New grantees (estimate)
14% first-time grantees (3 of 22, 2024)
Total assets
$5,148
Primary geography
Illinois (79% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it does not accept unsolicited requests for funds and contributes only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5K

-88.8% YoY

Annual Giving

$134K

+34.5% YoY

Grant Count

22

-8.3% YoY

Avg Grant Size

$6K

+46.7% YoY

Under IRS private-foundation payout rules, Shade Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

Is Shade Family Foundation open to new grantees?

14%

first-time grantees, 2024

In 2024, 3 of 22 grantees (14%) were first-time recipients. First grants averaged $4K; repeat grants $6K. How we count

Medians: $3K first-time, $1K repeat.

  • 82% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−8%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No foundation mission is stated in the available information. Its 2024 filing lists social services as the purpose of its grants. The recipients include organizations whose own stated missions cover scholarships and assistance to individuals, support for people with disabilities, military public support, guide dogs for people with visual impairments, and arts opportunities for young artists. For example, Service League of Crystal Lake says it provides college scholarships and medical and welfare assistance; Clearbrook says it supports people with intellectual and developmental disabilities and their families; and Luminarts Cultural Foundation says it supports young artists through awards, opportunities, and mentoring.

Grantmaking

In 2024, the foundation gave $133,957 through 22 grants. Grant amounts ranged from $250 to $54,290, with a median grant of $1,704.

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Geographic Focus

Where this funder awards grants

In 2024, 79% of grant dollars went to recipients in Illinois, 19% to Ohio, and 2% to Wisconsin. The filing also lists recipient-state shares of 0% for Florida and Indiana.

Grant Distribution by State

6states

Share of all 22 itemized 2024 grant dollars.

Cities

Crystal LakeChicagoOxfordCarmelDekalbEvanstonKey LargoMadisonSt AugustineWoodstockIndianapolisBenet LakeCaryUnionArlington HeightsGlenviewInvernessJohnsburgNorthSt Charles

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K21 grants202024 grants202122 grants202224 grants202322 grants2024

From 2020 to 2024, annual grant giving ranged from $100K (2023) to $170K (2022). In 2024 it made 22 grants totaling $134K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Union League Boys & Girls Clubs: $54KUnion League Boys & GirlsClubs$54KMiami University: $25KMiami University$25KNorthern Public Radio: $12KNorthern Public Radio$12KService League of Crystal Lake: $12KService League of Crystal Lake$12KImmanuel Lutheran Church: $8KImmanuel Lutheran Church$8KFolds of Honor Foundation: $5KFolds of Honor Foundation$5KEvans Scholars Foundation: $3KEvans Scholars Foundation$3KKellogg School of Management: $3KKellogg School of Management$3KFirst Congregational Church: $3KFirst Congregational Church$3KClearbrook: $3KClearbrook$3K

The largest 2024 recipient was Union League Boys & Girls Clubs ($54K). Together the top 10 received $126K.

Grant Size Distribution

113 grants across all recorded years

110<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 110 grants of 113 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Union League Boys & Girls Clubs Chicago, ILSocial Services$54,290
Miami University Oxford, OHSocial Services$25,000
Northern Public Radio Dekalb, ILSocial Services$12,000
Service League of Crystal Lake Crystal Lake, ILSocial Services$11,835
Immanuel Lutheran Church Crystal Lake, ILSocial Services$7,500
Folds of Honor Foundation Inverness, ILSocial Services$5,000
Evans Scholars Foundation Glenview, ILSocial Services$3,000
Kellogg School of Management Evanston, ILSocial Services$2,500
First Congregational Church Crystal Lake, ILSocial Services$2,500
Clearbrook Arlington Heights, ILSocial Services$2,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2024 $5,148 $169,286 $210,150 $133,957 22
2023 $46,012 $208,573 $171,777 $99,605 24
2022 $9,216 $240,357 $241,276 $169,944 22
Revenue
Expenses
Qualifying Distributions
$0$100K$200K$300K20202021202220232024
Metric202420232022
Total Assets$5,148$46,012$9,216
Revenue$169,286$208,573$240,357
Expenses$210,150$171,777$241,276
Qualifying Distributions$184,498$150,041$220,933
Net Investment Income———
Distributable Amount$2,388$856$1,214

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation’s 2024 filing lists Lisa Shade as president; Amy Shade, David Shade Jr, Paul Shade, Heidi Shade, and Charlotte Shade as vice presidents; and David Shade Sr as secretary.

Shade Family Foundation is led by Lisa Shade, President on every filing since 2020; 5 of 7 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Lisa Shade

    President

    On filings since 2020

    2 hrs/week

    $15K (2020) → $15K (2024)

  • Amy Shade

    Vice President

    On filings since 2020

    2 hrs/week

    $5K (2020) → $5K (2024)

  • David Shade Jr.

    Vice President

    On filings since 2020

    2 hrs/week

    $5K (2020) → $5K (2024)

  • Heidi Shade

    Vice President

    On filings since 2020

    2 hrs/week

    $15K (2020) → $15K (2024)

  • Paul Shade

    Vice President

    On filings since 2020

    $5K (2020) → $5K (2024)

  • Charlotte Shade

    Vice President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • David Shade Sr.

    Secretary

    On filings since 2020

    2 hrs/week

    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.

Compensation Overview

From 2024 IRS filing

Lisa Shade — President: $15KLisa ShadePresident$15KHeidi Shade — Vice President: $15KHeidi ShadeVice President$15KAmy Shade — Vice President: $5KAmy ShadeVice President$5KDavid Shade Jr — Vice President: $5KDavid Shade JrVice President$5KPaul Shade — Vice President: $5KPaul ShadeVice President$5K

The highest reported compensation on the 2024 filing was $15K, to Lisa Shade (President). 5 officers or directors reported compensation on that filing.

Contact

Mailing address: 311 S Wacker Drive Suite 3350, Chicago, IL 60606
Phone: (312) 513-0340

Frequently asked questions about Shade Family Foundation

How much does Shade Family Foundation give each year?

Shade Family Foundation gave $134K across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $100K across 24 grants.

What is Shade Family Foundation's typical grant size?

Shade Family Foundation's median grant in 2024 was $1,704, and its average grant was $6,089, across 22 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Shade Family Foundation that year got $4K on average.

Where does Shade Family Foundation give grants?

Shade Family Foundation gives mostly in Illinois: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Ohio (19%). The most frequent recipient cities were Crystal Lake, IL (5 grants), Chicago, IL (4 grants) and Oxford, OH (2 grants).

Does Shade Family Foundation give general operating support?

Not in 2024: none of the 22 grants with a stated purpose on Shade Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Social Services" (22 grants).

Who are Shade Family Foundation's largest grantees?

Shade Family Foundation's largest 2024 grantees include Union League Boys & Girls Clubs ($54,290), Miami University ($25,000) and Northern Public Radio ($12,000), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.

How large is Shade Family Foundation?

Shade Family Foundation reported $5K in total assets on its 2024 IRS Form 990-PF. It paid out $184K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What does Shade Family Foundation fund?

No foundation mission is stated in the available information. Its 2024 filing lists social services as the purpose of its grants. See mission & focus areas ↑

How do I apply for a grant from Shade Family Foundation?

The foundation states that it does not accept unsolicited requests for funds and contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Shade Family Foundation's EIN?

Shade Family Foundation's EIN (Employer Identification Number) is 27-2914052. IRS Form 990 filing data is available on this page for 2020–2024.

Does Shade Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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