Silvernail Family Foundation

CHICAGO, IL EIN: 87-0871414

Silvernail Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $1.1M in total assets. In 2023, it awarded 9 grants totaling $60K. Net investment income was $53K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$1.1M

+48.2% YoY

Annual Giving

$60K

Grant Count

9

Avg Grant Size

$7K

Under IRS private-foundation payout rules, Silvernail Family Foundation reported a distributable amount of $55K for 2023 — the minimum it must pay out in qualifying distributions.

About Silvernail Family Foundation

Based on IRS filings

Silvernail Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $1.1M in total assets. In 2023, it awarded 9 grants totaling $60K. Net investment income was $53K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AshevilleBiddefordLake ForestLewistonMount VernonNorth EastonOronoSouth PortlandWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$277K$553K$830K$1M202120222023
Metric202320222021
Total Assets$1,057,748$713,872
Revenue$669,792$1,006,202$4,028
Expenses$60,835$2,118$4,028
Qualifying Distributions$60,835$2,118$3,428
Net Investment Income$52,643
Distributable Amount$55,332$2,071

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$60K0 grants20210 grants20229 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2023

MOUNT VERNON LADIES ASSO…$25KPAWS FOR PATRICK$7KSOUTHERN MAINE COMMUNITY…$6KUNIVERSITY OF NEW ENGLAND$4KUNIVERSITY OF MAINE$4KUNIVERSITY OF NORTH CARO…$4KAMERICAN UNIVERSITY$4KSTONEHILL COLLEGE$4KBATES UNIVERSITY$4K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Mount Vernon Ladies Association ($25,000), Paws for Patrick ($6,500), Southern Maine Community College ($5,985).

RecipientPurposeAmount
MOUNT VERNON LADIES ASSOCIATION MOUNT VERNON, VAGENERAL OPERATING$25,000
SOUTHERN MAINE COMMUNITY COLLEGE SOUTH PORTLAND, MEGENERAL OPERATING$5,985
UNIVERSITY OF NEW ENGLAND BIDDEFORD, MEGENERAL OPERATING$3,750
UNIVERSITY OF MAINE ORONO, MEGENERAL OPERATING$3,750
UNIVERSITY OF NORTH CAROLINA ASHEVILLE ASHEVILLE, NCGENERAL OPERATING$3,750
AMERICAN UNIVERSITY WASHINGTON, DCGENERAL OPERATING$3,750
STONEHILL COLLEGE NORTH EASTON, MAGENERAL OPERATING$3,750
PAWS FOR PATRICK LAKE FOREST, ILGENERAL OPERATING$6,500
BATES UNIVERSITY LEWISTON, MEGENERAL OPERATING$3,750

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
ANDREW K SILVERNAILCO-TRUSTEE
SHELBY H SILVERNAILCO-TRUSTEE
ELIZABETH A GARLOVSKYTREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Silvernail Family Foundation?

Silvernail Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.1M in total assets as of 2023.

How large is Silvernail Family Foundation?

As of 2023, Silvernail Family Foundation holds $1.1M in total assets with $670K in annual revenue. It awarded 9 grants totaling $60K in 2023.

Where does Silvernail Family Foundation operate?

Silvernail Family Foundation has awarded grants in District of Columbia, Illinois, Massachusetts, Maine, North Carolina, Virginia.

What size grants does Silvernail Family Foundation award?

In 2023, Silvernail Family Foundation awarded 9 grants totaling $60K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Silvernail Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Silvernail Family Foundation reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Silvernail Family Foundation's EIN?

Silvernail Family Foundation's EIN (Employer Identification Number) is 87-0871414. IRS Form 990 filing data is available on this page for 2021–2023.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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