Summer Fund II
Summer Fund II is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $98K. Net investment income was $128K.
Key facts about Summer Fund II
In short: Summer Fund II gave $98K across 7 grants in 2024 (avg $14K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 14-1919035
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $97,500
- Grants made (2024)
- 7
- Average grant
- $13,929
- Median grant
- $10,000
- Total assets
- $2,263,790
- Primary geography
- New York (67% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Quick answers about Summer Fund II
How much does Summer Fund II give each year?
Summer Fund II gave $98K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $96K across 9 grants.
What is Summer Fund II's typical grant size?
Summer Fund II's median grant in 2024 was $10,000, and its average grant was $13,929, across 7 grants on its 2024 IRS Form 990-PF.
Where does Summer Fund II give grants?
Summer Fund II gives mostly in New York: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Illinois (13%) and California (10%). The most frequent recipient cities were New York, NY (4 grants).
Does Summer Fund II give general operating support?
Yes: 86% of Summer Fund II's 2024 grants with a stated purpose (6 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Summer Fund II's largest grantees?
Summer Fund II's largest 2024 grantees include Center for Constitutional Rights ($30,000), Bend the Arc - a Jewish Partnership for Justice ($20,000) and Crossroads Fund ($12,500), according to its 2024 IRS Form 990-PF. Together they received 64% of its itemized 2024 grant dollars.
How large is Summer Fund II?
Summer Fund II reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $235K in qualifying distributions that year, against a required minimum of $113K (roughly 5% of its investment assets).
How Summer Fund II gives
- Giving held roughly steady from 2021 to 2024 (+4%). Method
- In 2024 it paid out 208% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Summer Fund II
- How to evaluate Summer Fund II as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-4.8% YoY
Annual Giving
$98K
+1.6% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$14K
+30.6% YoY
Under IRS private-foundation payout rules, Summer Fund II reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.
About Summer Fund II
Based on IRS filings
Summer Fund II is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 7 grants totaling $98K. Net investment income was $128K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,263,790 | $2,377,859 | $2,613,971 |
| Revenue | $171,459 | $58,935 | $141,889 |
| Expenses | $286,097 | $295,021 | $307,549 |
| Qualifying Distributions | $234,897 | $240,236 | $226,484 |
| Net Investment Income | $128,220 | $90,174 | $85,212 |
| Distributable Amount | $112,799 | $116,765 | $129,718 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CENTER FOR CONSTITUTIONAL RIGHTS New York, NY | PROGRAM SUPPORT | $30,000 |
| BEND THE ARC - A JEWISH PARTNERSHIP FOR JUSTICE New York, NY | GENERAL OPERATING SUPPORT/ANNUAL GIFT | $20,000 |
| CROSSROADS FUND Chicago, IL | GENERAL OPERATING SUPPORT/ANNUAL GIFT | $12,500 |
| COLOR OF CHANGE EDUCATION FUND Oakland, CA | GENERAL OPERATING SUPPORT/ANNUAL GIFT | $10,000 |
| ROSENBERG FUND FOR CHILDREN Easthampton, MA | GENERAL OPERATING SUPPORT/ANNUAL GIFT | $10,000 |
| THE NEW PRESS New York, NY | GENERAL OPERATING SUPPORT/ANNUAL GIFT | $10,000 |
| MADRE New York, NY | GENERAL OPERATING SUPPORT/ANNUAL GIFT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Summer Fund II is led by Nancy Meyer, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Nancy Meyer
President & Director
On filings since 2020
1 hr/week
No compensation reported
David Harris
Director
On filings since 2020
1 hr/week
No compensation reported
Marc Weiss
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Lauren K. Macdonald
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Michael McQuinn
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Hildy Karp Till (2023) — Director
- Former: Hildy Karp (2020–2022) — Director
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.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Summer Fund II?
Summer Fund II is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds $2.3M in total assets as of 2024.
What is Summer Fund II's EIN?
Summer Fund II's EIN (Employer Identification Number) is 14-1919035. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.