Sunrise Foundation
Sunrise Foundation is a private foundation focused on Unknown or not classified, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $531K in total assets. In 2025, it awarded 3 grants totaling $200K. Net investment income was $44K.
Sunrise Foundation at a glance
In short: Sunrise Foundation gave $200K across 3 grants in 2025 (avg $67K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $200,000
- +100.0% vs 2024
- Grants made (2025)
- 3
- +200.0% vs 2024
- Average grant
- $66,667
- -33.3% vs 2024
- Median grant
- $50,000
- Total assets
- $531,377
- -22.7% vs 2024
- Primary geography
- Illinois (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Sunrise Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Misericordia Heart of Mercy - Misericordia Home ($100K). Together the top 3 received $200K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Sunrise Foundation gives
- Giving grew 233% from 2022 to 2025. Method
- In 2025 it paid out 557% 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 2019 to 2025, annual grant giving ranged from $38K (2019) to $200K (2025). In 2025 it made 3 grants totaling $200K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Misericordia Heart of Mercy - Misericordia Home Chicago, IL | General Purposes | $100,000 |
| Fraxa Research Foundation Newburyport, MA | General Purposes | $50,000 |
| National Fragile X Foundation Washington, DC | General Purposes | $50,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $531,377 | $53,010 | $209,139 | $200,000 | 3 | $200,015 | $43,886 | $35,909 |
| 2024 | $687,506 | $45,644 | $111,839 | $100,000 | 1 | $100,015 | $35,761 | $41,007 |
| 2023 | $753,701 | $85,895 | $76,701 | $75,000 | 2 | $75,000 | $84,194 | $37,243 |
| 2022 | $744,507 | $25,576 | $68,054 | $60,000 | 3 | $60,015 | $19,532 | $41,930 |
| 2021 | $786,985 | $82,142 | $61,429 | $50,000 | 1 | $50,000 | $71,036 | $45,361 |
| 2020 | $766,272 | $34,288 | $53,755 | $42,500 | 1 | — | $23,225 | $40,541 |
| 2019 | $785,739 | $12,987 | $48,556 | $37,800 | 1 | — | $9,624 | $40,481 |
Under IRS private-foundation payout rules, Sunrise Foundation reported a distributable amount of $36K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Sunrise Foundation is led by Stephen R. Schmidt, Trustee on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Stephen R. Schmidt
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Sunrise Foundation
How much does Sunrise Foundation give each year?
Sunrise Foundation gave $200K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $100K across 1 grant.
What is Sunrise Foundation's typical grant size?
Sunrise Foundation's median grant in 2025 was $50,000, and its average grant was $66,667, across 3 grants on its 2025 IRS Form 990-PF.
Where does Sunrise Foundation give grants?
Sunrise Foundation gives mostly in Illinois: 50% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (25%) and District of Columbia (25%).
Does Sunrise Foundation give general operating support?
Yes: 100% of Sunrise Foundation's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Sunrise Foundation?
Sunrise Foundation reported $531K in total assets on its 2025 IRS Form 990-PF. It paid out $200K in qualifying distributions that year, against a required minimum of $36K (roughly 5% of its investment assets).
What is Sunrise Foundation?
Sunrise Foundation is a private foundation focused on Unknown or not classified, based in Chicago, IL. It holds $531K in total assets as of 2025.
What is Sunrise Foundation's EIN?
Sunrise Foundation's EIN (Employer Identification Number) is 80-0908884. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS September 8, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 1, 2026)
- IRS filings on file for fiscal years 2020–2024
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