The Buchanan Family Foundation

LAKE FOREST, IL EIN: 36-6160998

The Buchanan Family Foundation is a private 501(c)(3) foundation established in 1967 and based in Lake Forest, Illinois. The foundation operates as a family grantmaking organization focused on supporting charitable causes across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.5M

+11.6% YoY

Grant Count

158

+7.5% YoY

Avg Grant Size

$16K

+3.8% YoY

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

Mission & Focus Areas

The foundation's giving priorities include:

  • Cultural programs
  • Hospitals and health associations
  • Education
  • Social services
  • Community funds
  • Environmental associations
  • Philanthropy and voluntarism

The foundation has a particular emphasis on funding in Illinois, New York, and Florida.

Grantmaking

Since 2017, the foundation has awarded 848 individual grants totaling $16,482,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Illinois, New York, and Florida.

Grant Distribution by State

29states
+21 more states

Cities

ACTONAMENIAARLINGTONATLANTAAURORAAVONBALTIMOREBARABOOBELGRADEBISCOEBISMARCKBISMARKBOCA GRANDEBOONEBOZEMANBROOKFIELDBURLIGTONBURLINGTONCHARLESTONCHARLOTTE

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $37,115,197
  • Total Revenue: $1,374,201
  • Total Expenses: $2,413,961
  • Total Liabilities: $0

Contact Information:

  • Address: 222 E Wisconsin Ave Ste 308, Lake Forest, IL 60045-1723
  • Telephone: 847-234-0235
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$708K$1M$2M$3M118 grants2019129 grants2020139 grants2021146 grants2022147 grants2023158 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN RED CROSS- NORT…$50KAVON OLD FARMS SCHOOL$50KCOMPANION ANIMAL CLINIC …$50KDELTA WATERFOWL$50KELAWA FARM FOUNDATION$50KADVOCATE LUTHERAN GENERA…$30KCAROLINA HORSE PARK FOUN…$30KCHICAGO ZOOLOGICAL SOCIE…$30KDUTCHESS LAND CONSERVATORY$30KEASTERN ILLINOIS UNIVERS…$30K

Grant Size Distribution

250 grants across all recorded years

230<$50K18$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Kenneth H Buchanan – President (compensation: $75,000 as of 2023)
  • Charles F Kane Jr. – Treasurer (compensation: $25,000 as of 2022)
  • Martha R Hinchman – Trustee

The foundation has 1 employee on staff.

Compensation Overview

From 2024 IRS filing

KENNETH H BUCHANANPRESIDENT$75KCHARLES F KANE JRTREASURER$25K

From 2024 filing

NameTitleHoursCompensation
KENNETH H BUCHANANPRESIDENT40$75,000
CHARLES F KANE JRTREASURER40$25,000
MARGAUX BUCHANANSECRETARY2
HUNT ELDRIDGE IIIVICE-PRESIDENT2
BRIAN K JONESDIRECTOR2
PERRIN B MARTINDIRECTOR2

Related Funders

Similar funders by location and focus area

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

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