Szalay Family Foundation

Foundation · Grantmaker Palm Beach Gardens, FL EIN: 47-0827433

Szalay Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Palm Beach Gardens, FL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $330K in total assets. In 2025, it awarded 10 grants totaling $66K. Net investment income was $40K.

Key facts about Szalay Family Foundation

In short: Szalay Family Foundation gave $66K across 10 grants in 2025 (avg $7K), top state Illinois. 40% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
47-0827433
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$65,500
Grants made (2025)
10
Average grant
$6,550
Median grant
$2,750
New grantees (estimate)
40% first-time grantees (4 of 10, 2025)
Total assets
$330,171
Primary geography
Illinois (38% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$330K

-7.9% YoY

Annual Giving

$66K

+57.8% YoY

Grant Count

10

+0.0% YoY

Avg Grant Size

$7K

+57.8% YoY

Under IRS private-foundation payout rules, Szalay Family Foundation reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.

Is Szalay Family Foundation open to new grantees?

40%

first-time grantees, 2025

In 2025, 4 of 10 grantees (40%) were first-time recipients. First grants averaged $6K; repeat grants $7K. How we count

Medians: $2K first-time, $4K repeat.

  • 50% of 2025 grantees were also funded in 2024. Method
  • Giving grew 54% from 2022 to 2025. Method
  • In 2025 it paid out 287% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of all 10 itemized 2025 grant dollars.

Cities

ChicagoPalm BeachLebanonPittsburghEvanstonOmahaPalm Beach GardensAlexandriaWashingtonWest Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K4 grants20204 grants20219 grants20229 grants202310 grants202410 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Upmc Children Hospital: $20KUpmc Children Hospital$20KHoly Name Cathedral: $15KHoly Name Cathedral$15KUpper VALLEY(NH) Music Center: $15KUpper VALLEY(NH) Music Center$15KDiocese of Palm Beach: $5KDiocese of Palm Beach$5KArt Institute of Chicago: $3KArt Institute of Chicago$3KArchdiocese of Chicago: $3KArchdiocese of Chicago$3KShedd Aquarium: $3KShedd Aquarium$3KGreater Chicago Food Depository: $1KGreater Chicago FoodDepository$1KSolti Foundation: $800Solti Foundation$800Norton Museumof Art: $700Norton Museumof Art$700

Grant Size Distribution

42 grants across all recorded years

42<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UPMC CHILDREN HOSPITAL Pittsburgh, PAGENERAL$20,000
HOLY NAME CATHEDRAL Chicago, ILGENERAL$15,000
UPPER VALLEY(NH) MUSIC CENTER Lebanon, NHGENERAL$15,000
DIOCESE OF PALM BEACH Palm Beach, FLGENERAL$5,000
ART INSTITUTE OF CHICAGO Chicago, ILGENERAL$3,000
ARCHDIOCESE OF CHICAGO Chicago, ILGENERAL$2,500
SHEDD AQUARIUM Chicago, ILGENERAL$2,500
GREATER CHICAGO FOOD DEPOSITORY Chicago, ILGENERAL$1,000
SOLTI FOUNDATION Evanston, ILGENERAL$800
NORTON MUSEUMOF ART West Palm Beach, FLGENERAL$700

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K202020212022202320242025
Metric202520242023
Total Assets$330,171$358,381$367,297
Revenue$40,385$34,994$10,142
Expenses$68,595$43,910$50,154
Qualifying Distributions$65,500$41,500$48,086
Net Investment Income$40,385$34,994$10,821
Distributable Amount$22,815$22,681$23,557

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 2, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 3, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 10, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 17, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 24, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Szalay Family Foundation is led by Robert N. Szalay, Director & President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Robert N. Szalay

    Director & President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • James Szalay

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Nancy K. Szalay

    Director & Vice President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Nicole Szalay

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Szalay Family Foundation

How much does Szalay Family Foundation give each year?

Szalay Family Foundation gave $66K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $42K across 10 grants.

What is Szalay Family Foundation's typical grant size?

Szalay Family Foundation's median grant in 2025 was $2,750, and its average grant was $6,550, across 10 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Szalay Family Foundation that year got $6K on average.

Where does Szalay Family Foundation give grants?

Szalay Family Foundation's top state is Illinois, with 38% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Pennsylvania (31%) and New Hampshire (23%). The most frequent recipient cities were Chicago, IL (5 grants).

Does Szalay Family Foundation give general operating support?

Yes: 100% of Szalay Family Foundation's 2025 grants with a stated purpose (10 of 10) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Szalay Family Foundation's largest grantees?

Szalay Family Foundation's largest 2025 grantees include Upmc Children Hospital ($20,000), Holy Name Cathedral ($15,000) and Upper VALLEY(NH) Music Center ($15,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.

How large is Szalay Family Foundation?

Szalay Family Foundation reported $330K in total assets on its 2025 IRS Form 990-PF. It paid out $66K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets).

What is Szalay Family Foundation?

Szalay Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Palm Beach Gardens, FL. It holds $330K in total assets as of 2025.

What is Szalay Family Foundation's EIN?

Szalay Family Foundation's EIN (Employer Identification Number) is 47-0827433. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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