Sourlis Irrevocable Charitable Trust
Sourlis Irrevocable Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNSTER, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 16 grants totaling $446K. Net investment income was $234K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-4.1% YoY
Annual Giving
$446K
+104.9% YoY
Grant Count
16
+45.5% YoY
Avg Grant Size
$28K
+40.9% YoY
Under IRS private-foundation payout rules, Sourlis Irrevocable Charitable Trust reported a distributable amount of $361K for 2024 — the minimum it must pay out in qualifying distributions.
About Sourlis Irrevocable Charitable Trust
Based on IRS filings
Sourlis Irrevocable Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNSTER, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 16 grants totaling $446K. Net investment income was $234K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,974,918 | $4,146,042 | $4,258,723 |
| Revenue | $266,203 | $122,222 | $-6,920,923 |
| Expenses | $483,515 | $235,047 | $324,978 |
| Qualifying Distributions | $446,000 | $217,634 | $175,485 |
| Net Investment Income | $233,963 | $105,129 | — |
| Distributable Amount | $360,648 | $224,958 | $286,267 |
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
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Michigan State University ($100,000), Opportunity Enterprises ($75,000), Legacy Foundation ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOOKS BRUSHES & BANDS FOR EDUCATION HAMMOND, IN | OPERATING FUNDS | $20,000 |
| CRISIS CENTER GARY, IN | OPERATING FUNDS | $20,000 |
| FRANSISCAN HEALTH FOUNDATION CROWN POINT, IN | OPERATING FUNDS | $20,000 |
| LEGACY FOUNDATION MERRILLVILLE, IN | OPERATING FUNDS | $45,000 |
| MENTAL HEALTH AMERICA OF NORTHWEST INDIANA HAMMOND, IN | OPERATING FUNDS | $15,000 |
| MICHIGAN STATE UNIVERSITY EAST LANSING, MI | OPERATING FUNDS | $100,000 |
| OPPORTUNITY ENTERPRISES VALPARAISO, IN | OPERATING FUNDS | $75,000 |
| PORTER COUNTY COMMUNITY FOUNDATION VALPARAISO, IN | OPERATING FUNDS | $20,000 |
| SOUTH SHORE ARTS MUNSTER, IN | OPERATING FUNDS | $10,000 |
| THE BLIND SOCIAL CENTER GARY, IN | OPERATING FUNDS | $41,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PEOPLES BANK | TRUSTEE | 1 | $32,240 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sourlis Irrevocable Charitable Trust?
Sourlis Irrevocable Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MUNSTER, IN. It holds $4.0M in total assets as of 2024.
How large is Sourlis Irrevocable Charitable Trust?
As of 2024, Sourlis Irrevocable Charitable Trust holds $4.0M in total assets with $266K in annual revenue. It awarded 16 grants totaling $446K in 2024.
Where does Sourlis Irrevocable Charitable Trust operate?
Sourlis Irrevocable Charitable Trust has awarded grants in California, District of Columbia, Georgia, Illinois, Indiana, Michigan, New York, Oregon.
What size grants does Sourlis Irrevocable Charitable Trust award?
In 2024, Sourlis Irrevocable Charitable Trust awarded 16 grants totaling $446K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is Sourlis Irrevocable Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sourlis Irrevocable Charitable Trust reported a distributable amount of $361K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sourlis Irrevocable Charitable Trust's EIN?
Sourlis Irrevocable Charitable Trust's EIN (Employer Identification Number) is 26-6158755. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sourlis Irrevocable Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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