SVS Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in S BARRINGTON, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $30.9M in total assets. In 2024, it awarded 6 grants totaling $709K. Net investment income was $3.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30.9M
+9.8% YoY
Annual Giving
$709K
+594.7% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$118K
+478.9% YoY
Under IRS private-foundation payout rules, SVS Family Foundation reported a distributable amount of $1.5M for 2024 — the minimum it must pay out in qualifying distributions.
About SVS Family Foundation
Based on IRS filings
SVS Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in S BARRINGTON, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $30.9M in total assets. In 2024, it awarded 6 grants totaling $709K. Net investment income was $3.5M.
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 | $30,887,197 | $28,141,132 | $13,364,459 |
| Revenue | $3,919,866 | $16,627,575 | $13,341,128 |
| Expenses | $1,216,941 | $288,683 | $5,087 |
| Qualifying Distributions | $709,000 | $102,054 | — |
| Net Investment Income | $3,537,375 | $1,297,207 | $31 |
| Distributable Amount | $1,500,565 | $736,968 | $99,754 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ripon College ($698,700), Barrington High School ($7,000), Three Rivers Respite ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Special Olympics Maryland Baltimore, MD | General fund project. | $100 |
| Special Olympics Virginia Richmond, VA | General fund project. | $200 |
| Ripon College Ripon, WI | Residence hall improvements. | $1,000 |
| Three Rivers Respite Johns Islance, SC | To serve foster families by providing childrens' camps and respite opportunities. | $2,000 |
| Ripon College Ripon, WI | Special use to assist in navigating the challenges of strategic growth and educational experience of students. | $698,700 |
| Barrington High School Barrington, IL | To help students develop business and leadership skills. | $7,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sejal Shah | President | — | — |
| Sejal Shah | Vice President | — | — |
| Ann Shah | Secretary | — | — |
| Jason Beck | Treasurer | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is SVS Family Foundation?
SVS Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in S BARRINGTON, IL. It holds $30.9M in total assets as of 2024.
How large is SVS Family Foundation?
As of 2024, SVS Family Foundation holds $30.9M in total assets with $3.9M in annual revenue. It awarded 6 grants totaling $709K in 2024.
Where does SVS Family Foundation operate?
SVS Family Foundation has awarded grants in California, Illinois, Maryland, Montana, Ohio, South Carolina, Virginia, Wisconsin.
What size grants does SVS Family Foundation award?
In 2024, SVS Family Foundation awarded 6 grants totaling $709K — an average of about $118K per grant, based on its IRS Form 990 filings.
How much is SVS Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, SVS Family Foundation reported a distributable amount of $1.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is SVS Family Foundation's EIN?
SVS Family Foundation's EIN (Employer Identification Number) is 88-1508048. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in SVS Family Foundation'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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