Summer Fund II
Summer Fund II is a private foundation, 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.
Summer Fund II at a glance
In short: Summer Fund II gave $98K across 7 grants in 2024 (avg $14K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $97,500
- +1.6% vs 2023
- Grants made (2024)
- 7
- -22.2% vs 2023
- Average grant
- $13,929
- +30.6% vs 2023
- Median grant
- $10,000
- Total assets
- $2,263,790
- -4.8% vs 2023
- Primary geography
- New York (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Summer Fund II funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Center for Constitutional Rights ($30K). Together the top 7 received $98K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 45 grants of 45 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $92K (2022) to $99K (2020). In 2024 it made 7 grants totaling $98K.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,263,790 | $171,459 | $286,097 | $97,500 | 7 | $234,897 | $128,220 | $112,799 |
| 2023 | $2,377,859 | $58,935 | $295,021 | $96,000 | 9 | $240,236 | $90,174 | $116,765 |
| 2022 | $2,613,971 | $141,889 | $307,549 | $91,531 | 9 | $226,484 | $85,212 | $129,718 |
| 2021 | $2,779,582 | $219,879 | $292,445 | $93,477 | 6 | $223,894 | $155,828 | $149,548 |
| 2020 | $2,859,374 | $206,200 | $294,878 | $98,762 | 14 | — | $66,929 | $141,517 |
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.
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.
Frequently asked questions 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).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Summer Fund II funds
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