SVS Family Foundation
SVS Family Foundation is a private foundation, 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.
SVS Family Foundation at a glance
In short: SVS Family Foundation gave $709K across 6 grants in 2024 (avg $118K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $709,000
- +594.7% vs 2023
- Grants made (2024)
- 6
- +20.0% vs 2023
- Average grant
- $118,167
- +478.9% vs 2023
- Median grant
- $1,500
- Total assets
- $30,887,197
- +9.8% vs 2023
- Primary geography
- Wisconsin (99% 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 SVS Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Ripon College ($700K across 2 grants). Together the top 5 received $709K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 9 grants of 11 (82%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How SVS Family Foundation gives
- In 2024 it paid out 47% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2023 to 2024, annual grant giving ranged from $102K (2023) to $709K (2024). In 2024 it made 6 grants totaling $709K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
| Three Rivers Respite Johns Islance, SC | To serve foster families by providing childrens' camps and respite opportunities. | $2,000 |
| Ripon College Ripon, WI | Residence hall improvements. | $1,000 |
| Special Olympics Virginia Richmond, VA | General fund project. | $200 |
| Special Olympics Maryland Baltimore, MD | General fund project. | $100 |
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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 | $30,887,197 | $3,919,866 | $1,216,941 | $709,000 | 6 | $709,000 | $3,537,375 | $1,500,565 |
| 2023 | $28,141,132 | $16,627,575 | $288,683 | $102,054 | 5 | $102,054 | $1,297,207 | $736,968 |
| 2022 | $13,364,459 | $13,341,128 | $5,087 | — | — | — | $31 | $99,754 |
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.
Leadership & Key People
Officers and directors from IRS filings
SVS Family Foundation is led by Sejal V Shah, President & Vice President on every filing since 2022; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sejal V Shah
President & Vice President
On filings since 2022
No compensation reported
Ann Shah
Secretary
On filings since 2022
No compensation reported
Jason Beck
Treasurer
On filings since 2022
No compensation reported
Data from IRS Form 990 filings, 2022–2024. "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 SVS Family Foundation
How much does SVS Family Foundation give each year?
SVS Family Foundation gave $709K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $102K across 5 grants.
What is SVS Family Foundation's typical grant size?
SVS Family Foundation's median grant in 2024 was $1,500, and its average grant was $118,167, across 6 grants on its 2024 IRS Form 990-PF.
Where does SVS Family Foundation give grants?
SVS Family Foundation gives mostly in Wisconsin: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Ripon, WI (2 grants).
Does SVS Family Foundation give general operating support?
Yes: 33% of SVS Family Foundation's 2024 grants with a stated purpose (2 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are SVS Family Foundation's largest grantees?
SVS Family Foundation's largest 2024 grantees include Ripon College ($699,700 across 2 grants), Barrington High School ($7,000) and Three Rivers Respite ($2,000), according to its 2024 IRS Form 990-PF.
How large is SVS Family Foundation?
SVS Family Foundation reported $30.9M in total assets on its 2024 IRS Form 990-PF. It paid out $709K in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
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 2022–2024
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