Sheffield Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE BLUFF, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $913K in total assets. In 2024, it awarded 36 grants totaling $65K. Net investment income was $106K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$913K
+5.0% YoY
Annual Giving
$65K
-13.2% YoY
Grant Count
36
+2.9% YoY
Avg Grant Size
$2K
-15.6% YoY
Under IRS private-foundation payout rules, Sheffield Foundation reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
About Sheffield Foundation
Based on IRS filings
Sheffield Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE BLUFF, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $913K in total assets. In 2024, it awarded 36 grants totaling $65K. Net investment income was $106K.
Focus Areas
Ready to take the next step with Sheffield Foundation?
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 | $913,452 | $869,598 | $880,728 |
| Revenue | $118,143 | $68,432 | $37,332 |
| Expenses | $74,289 | $79,562 | $70,646 |
| Qualifying Distributions | $65,050 | $74,900 | $63,990 |
| Net Investment Income | $106,416 | $62,329 | $26,303 |
| Distributable Amount | $68,159 | $61,806 | $64,343 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
155 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Church of the Holy Spirit ($8,000), Art Institute of Chicago ($6,000), Gorton Community Center ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Art Institute of Chicago Chicago, IL | General operations | $6,000 |
| Bernie's Book Bank Lake Bluff, IL | General operations | $1,000 |
| Elawa Farm Foundation Lake Forest, IL | General operations | $1,000 |
| Ethel Walker School Smisbury, CT | General operations | $500 |
| Friends of the Lake Bluff Library Lake Bluff, IL | General operations | $1,500 |
| Glasa Lake Forest, IL | General operations | $1,000 |
| Gorton Community Center Lake Forest, IL | General operations | $6,000 |
| Lake Bluff Open Lands Association Lake Bluff, IL | General operations | $1,000 |
| Lake Forest Open Lands Association Lake Forest, IL | General operations | $5,000 |
| Mothers Trust Foundation Lake Forest, IL | General operations | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas C Sheffield III | President | 1 | — |
| Lucinda M Sheffield | Treasurer & Sec | 1 | — |
| David AF Sweet | Director | 1 | — |
| Charles Sheffield | Director | 1 | — |
| Henry Sheffield | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sheffield Foundation?
Sheffield Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE BLUFF, IL. It holds $913K in total assets as of 2024.
How large is Sheffield Foundation?
As of 2024, Sheffield Foundation holds $913K in total assets with $118K in annual revenue. It awarded 36 grants totaling $65K in 2024.
Where does Sheffield Foundation operate?
Sheffield Foundation has awarded grants in California, Colorado, Connecticut, District of Columbia, Illinois, Kansas, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Utah, Virginia.
What size grants does Sheffield Foundation award?
In 2024, Sheffield Foundation awarded 36 grants totaling $65K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Sheffield Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sheffield Foundation reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sheffield Foundation's EIN?
Sheffield Foundation's EIN (Employer Identification Number) is 26-4124633. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sheffield Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
RHS Foundation
MOLINE, IL
Assets
$1.1M
Grants
37
Total Given
$342K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Sheffield Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Sheffield Foundation to a real strategy.