The 21st Century Institute

Private foundation · Grantmaker Westmont, IL EIN: 81-4822464

The 21st Century Institute is a private foundation focused on Education, based in Westmont, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $3.8M in total assets. In 2025, it awarded 1 grant totaling $5K. Net investment income was $74K.

Key facts about The 21st Century Institute

In short: The 21st Century Institute gave $5K across 1 grant in 2025 (avg $5K), mostly in California. Source: 2025 IRS Form 990-PF.

EIN
81-4822464
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,000
Grants made (2025)
1
Average grant
$5,000
Median grant
$5,000
Total assets
$3,778,855
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.8M

+13.1% YoY

Annual Giving

$5K

-80.0% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$5K

-40.0% YoY

Under IRS private-foundation payout rules, The 21st Century Institute reported a distributable amount of $164K for 2025 — the minimum it must pay out in qualifying distributions.

How The 21st Century Institute gives

  • Giving fell 75% from 2022 to 2025. Method
  • In 2025 it paid out 58% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

ClaremontChicago

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grant2019 2 grants2020 1 grant2021 1 grant2022 3 grants2023 3 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $5K (2025) to $70K (2023). In 2025 it made 1 grant totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

claremont Mckenna College: $5Kclaremont Mckenna College$5K

The largest 2025 recipient was claremont Mckenna College ($5K).

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
claremont Mckenna College Claremont, CAAcdemic Support$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,778,855$3,339,822$2,590,854
Revenue$74,066$289,834$73,136
Expenses$184,775$198,123$148,533
Qualifying Distributions$94,888$198,123$148,533
Net Investment Income$74,066$291,570$73,136
Distributable Amount$164,021—$126,590

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 15, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 31, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 16, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)

Leadership & Key People

Officers and directors from IRS filings

The 21st Century Institute is led by Sharon K Tan, President & Education Dirctor since 2023 (on filings since 2019); all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Sharon K Tan

    President & Education Dirctor

    President → Presidentand Education Dirctor, 2020

    Presidentand Education Dirctor → President & Education Dirctor, 2023

    On filings since 2019

    20 hrs/week

    $25K (2020) → $100K (2025)

  • Kevin K. Tan

    Secretary

    On filings since 2019

    20 hrs/week

    $24K (2024) → $30K (2025)

  • Weidong Shi

    Vice President

    On filings since 2019

    20 hrs/week

    $8K (2024) → $20K (2025)

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.

Compensation Overview

From 2025 IRS filing

Sharon K Tan — PRESIDENT and Education Dirctor: $100KSharon K TanPRESIDENT and Education Dirctor$100KKevin K Tan — Secretary: $30KKevin K TanSecretary$30KWeidong Shi — Vice President: $20KWeidong ShiVice President$20K

The highest reported compensation on the 2025 filing was $100K, to Sharon K Tan (PRESIDENT and Education Dirctor). 3 officers or directors reported compensation on that filing.

Frequently asked questions about The 21st Century Institute

How much does The 21st Century Institute give each year?

The 21st Century Institute gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 3 grants.

How large is The 21st Century Institute?

The 21st Century Institute reported $3.8M in total assets on its 2025 IRS Form 990-PF. It paid out $95K in qualifying distributions that year, against a required minimum of $164K (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 The 21st Century Institute?

The 21st Century Institute is a private foundation focused on Education, based in Westmont, IL. It holds $3.8M in total assets as of 2025.

Where does The 21st Century Institute operate?

The 21st Century Institute has awarded grants in California, Illinois.

What is The 21st Century Institute's EIN?

The 21st Century Institute's EIN (Employer Identification Number) is 81-4822464. 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.

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