Taxman Family Foundation

SKOKIE, IL EIN: 20-4568076

Taxman Family Foundation is a private foundation based in Skokie, Illinois. The foundation supports charitable causes primarily through grantmaking in education, human services, and philanthropic activities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.9M

+13.6% YoY

Annual Giving

$972K

+91.8% YoY

Grant Count

20

-41.2% YoY

Avg Grant Size

$49K

+226.0% YoY

Under IRS private-foundation payout rules, Taxman Family Foundation reported a distributable amount of $743K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Community Health
  • Health and Medical Services
  • Health and Wellness
  • School Health

Grantmaking

The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Illinois, California, and Florida.

Grant Distribution by State

12states
+4 more states

Cities

Boca RatonChicagoCorona Del MarDeerfieldEvanstonGlenviewGoldHighland ParkJacksonJupiterLake WorthLong GroveMemphisMiamiNew YorkNewport BeachNorthbrookNorthfieldPleasant PrairieRancho Santa Margarita

Financial History

Multi-year comparison from IRS filings

  • Total Assets (2024): $12,936,463
  • Total Assets (2023): $14,000,000 (approximately)
  • Annual Giving Rate: 7.5% of assets
  • EIN: 20-4568076
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$759K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$12,936,463$11,391,218$10,500,151
Revenue$2,759,709$1,479,799$1,906,798
Expenses$1,068,640$588,140$752,228
Qualifying Distributions$972,300$507,000$630,250
Net Investment Income$1,225,795$397,957$770,156
Distributable Amount$743,399$626,249$587,799

Giving Over Time

Total grant dollars and number of grants per year

$0$243K$486K$729K$972K37 grants202034 grants202138 grants202234 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GIRF$500KTHE ARK$250KHELPING HANDS NETWORK INC$100KJUF$18KAUDITORIUM THEATRE$15KREPAIR THE WORLD INC$15KFRIEND OF THE ISRAEL DEF…$10KFOR AUTISTIC KIDS$9KCHILDHELP$8KCURES WITHIN REACH$5K

Grant Size Distribution

163 grants across all recorded years

150<$50K3$50–100K7$100–250K2$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Girf ($500,000), The Ark ($250,000), Helping Hands Network Inc ($100,000).

RecipientPurposeAmount
AUDITORIUM THEATRE CHICAGO, ILCHARITABLE$15,000
CHILDHELP SCOTTSDALE, AZCHARITABLE$7,500
CURES WITHIN REACH CHICAGO, ILCHARITABLE$5,000
FOR AUTISTIC KIDS GLENVIEW, ILCHARITABLE$8,500
FRIEND OF THE ISRAEL DEFENSE FUND CHICAGO, ILCHARITABLE$10,000
GIRF CHICAGO, ILCHARITABLE$500,000
GLENKIRK NORTHBROOK, ILCHARITABLE$5,000
HOAG NEWPORT BEACH, CACHARITABLE$5,000
ICARE DOG RESCUE RANCHO SANTA MARGARITA, CACHARITABLE$5,000
IBIS CHARITIES FOUNDATION WEST PALM BEACH, FLCHARITABLE$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Board members include:

  • Seymour Taxman, President
  • Nancy R Taxman, Secretary
  • Mitchell Roth, Treasurer
  • Glenn D Taxman, Director
  • Scott Taxman, Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SEYMOUR TAXMANPRESIDENT
NANCY R TAXMANSECRETARY
MITCHELL ROTH CO MUCH SHELISTTREASURER
GLENN D TAXMANDIRECTOR
SCOTT TAXMANDIRECTOR

Recent News & Activity

Recent developments and announcements

2012

The foundation has made significant commitments to medical research and training. In 2012, Taxman Foundation pledged $25 million to boost training of digestive disease experts through an initiative with UChicago Medicine.

Taxman Foundation pledges 25M to boost training of digestive disease experts

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Taxman Family Foundation fund?

The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Community Health • Health and Medical Services • Health and Wellness • School Health

How do I apply for a grant from Taxman Family Foundation?

**Grant Characteristics:** • Typical award range: $1,000–$500,000 • Median grant size: $5,000 • Grant range: $2,000–$500,000 **Recent Activity:** • 2024: 20 grants awarded, $972,300 in total giving • 2023: 34 grants awarded, $507,000 in total giving • 2022: 38 grants awarded, $630,000 in total giving **Application Policy:** The foundation does not accept unsolicited applications. Grantmaking is by invitation only.

Where does Taxman Family Foundation make grants?

The foundation primarily funds organizations in Illinois, California, and Florida.

What size grants does Taxman Family Foundation award?

In 2024, Taxman Family Foundation awarded 20 grants totaling $972K — an average of about $49K per grant, based on its IRS Form 990 filings.

How much is Taxman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Taxman Family Foundation reported a distributable amount of $743K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Taxman Family Foundation's EIN?

Taxman Family Foundation's EIN (Employer Identification Number) is 20-4568076. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Taxman Family Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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