Souder Family Foundation

CHICAGO, IL EIN: 39-1560019

The Souder Family Foundation is a private foundation established in 1986, based in Chicago, Illinois. It operates as a 501(c)(3) organization with a primary focus on general grantmaking across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.5M

+27.5% YoY

Grant Count

29

+2800.0% YoY

Avg Grant Size

$52K

-95.6% YoY

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

Grantmaking

The foundation made one grant in the most recent reporting year. Historical grant activity shows typical award ranges between $1,000 and $350,000. The foundation maintains an open application process and accepts new applicants.

How to Apply

and accepts new applicants.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds initiatives in Illinois, though its grantmaking has historically extended to Florida and Michigan as well.

Grant Distribution by State

7states

Cities

Boyton BeachChicagoDelafieldDelray BeachEast LansingGolfGulfstreamHarbor SpringsMelbourneMillbrookOcean RidgeOxnardPalm BeachPetoskeySEE ATTACHED SCHEDULESalisburyWest Palm Beach

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $19,834,254
  • Total Revenues: $1,165,329
  • Total Expenses: $1,454,613
  • Investment Income and Dividends: $617,015
  • Net Gain from Sale of Non-Inventory Assets: $548,314

Revenue Comparison (2023 vs. 2022):

  • Total revenues declined 28.3% year-over-year
  • Investment income increased 14.5%
  • Net gains from asset sales decreased 49.5%

The foundation has zero employees and operates with minimal staffing.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$399K$799K$1M$2M1 grants20201 grants20211 grants20221 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Evans Scholars Foundation$350KRed Arrow Camp Foundation$300KMillbrook School$275KFirst Presbyterian Churc…$130KShedd Aquarium$100KShirley Ryan Ability Lab…$75KSalisbury School$70KFirst Presbyterian Churc…$45KBethesda Hospital Founda…$40KMcLaren Northern Michiga…$25K

Grant Size Distribution

33 grants across all recorded years

22<$50K2$50–100K2$100–250K3$250–500K$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by three uncompensated directors:

  • William F. Souder Jr.
  • Susanna J. Souder (Director)
  • Eric J. Vainder

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM F SOUDER JRDIRECTOR1
SUSANNA J SOUDERDIRECTOR1
ERIC J VAINDERDIRECTOR1

Contact Information

Mailing Address: PO Box 803878 Chicago, IL 60680-3878

Telephone: 312-630-6000

EIN: 39-1560019

Related Funders

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

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