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The Buchanan Family Foundation

Foundation · Grantmaker Lake Forest, IL EIN: 36-6160998 Website

The Buchanan Family Foundation is a private foundation based in Lake Forest, Illinois. It supports a range of charitable organizations, including educational institutions, wildlife and conservation organizations, community foundations, and organizations providing health and human services.

Key facts about The Buchanan Family Foundation

In short: The Buchanan Family Foundation gave $2.5M across 154 grants in 2025 (avg $16K), top state Illinois. 19% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
36-6160998
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,510,300
Grants made (2025)
154
Average grant
$16,301
Median grant
$10,000
New grantees (estimate)
19% first-time grantees (30 of 154, 2025)
Total assets
$38,924,707
Primary geography
Illinois (46% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$38.9M

+3.7% YoY

Annual Giving

$2.5M

+0.6% YoY

Grant Count

154

-2.5% YoY

Avg Grant Size

$16K

+3.2% YoY

Under IRS private-foundation payout rules, The Buchanan Family Foundation reported a distributable amount of $2.7M for 2025 — the minimum it must pay out in qualifying distributions.

Is The Buchanan Family Foundation open to new grantees?

19%

first-time grantees, 2025

In 2025, 30 of 154 grantees (19%) were first-time recipients. First grants averaged $13K; repeat grants $17K. How we count

Medians: $10K first-time, $10K repeat.

  • 77% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−11%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No foundation mission statement is provided. Its 2025 grants included support for schools and colleges, wildlife and conservation organizations, community and sports organizations, and groups providing food, health, and veterinary services. For example, Huron Mountain Wildlife Foundation describes its work as sponsoring natural science research in the Lake Superior area, while Fox Valley Food for Health says it provides meals, nutrition education, and support to people and families facing serious health issues. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2025, the foundation made 154 grants totaling $2,510,300. Grant amounts ranged from $2,000 to $100,000, with a median of $10,000. Notable awards included $100,000 each to Avon Old Farms School and Smith College; $75,000 each to History Center of Lake Forest–Lake Bluff and Tall Pines Conservatory; and $60,000 to Lake County Community Foundation. Other 2025 recipients included Ohio State University College of Veterinary ($55,000), Bozeman Sports Park Foundation ($50,000), Delta Waterfowl ($50,000), Feinstein Institute ($50,000), Huron Mountain Wildlife Foundation ($50,000), Purdue University ($50,000), and College of Lake County Foundation ($45,000).

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Geographic Focus

Where this funder awards grants

In 2025, 46% of grant dollars went to recipients in Illinois. Other leading recipient states were Florida (10%), Massachusetts (5%), Montana (5%), and Connecticut (5%).

Grant Distribution by State

30states

Share of all 154 itemized 2025 grant dollars.

Cities

ChicagoLake ForestGenevaMillbrookBozemanBoca GrandeNew YorkLibertyvilleNew LondonEvanstonNorthbrookRaefordShelburneWashingtonWaukeganBaltimoreCharlestonCharlotteColumbusDundee

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M118 grants2019129 grants2020139 grants2021146 grants2022147 grants2023158 grants2024154 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Avon Old Farms School: $100KAvon Old Farms School$100KSmith College: $100KSmith College$100KHistory Center of Lake Forest - Lake Buff: $75KHistory Center of Lake Forest- Lake Buff$75KTall Pines Conservatory: $75KTall Pines Conservatory$75KLake County Community Foundation: $60KLake County CommunityFoundation$60KOhio State University College of Veterinary: $55KOhio State University Collegeof Veterinary$55KBozeman Sports Park Foundation: $50KBozeman Sports Park Foundation$50KDelta Waterfowl: $50KDelta Waterfowl$50KFeinstein Institute: $50KFeinstein Institute$50KHuron Mountain Wildlife Foundation: $50KHuron Mountain WildlifeFoundation$50K

Grant Size Distribution

744 grants across all recorded years

693<$50K42$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
AVON OLD FARMS SCHOOL Avon, CTGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$100,000
SMITH COLLEGE Northhampton, MAGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$100,000
HISTORY CENTER OF LAKE FOREST - LAKE BUFF Chicago, ILGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$75,000
TALL PINES CONSERVATORY Nashotah, WIGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$75,000
LAKE COUNTY COMMUNITY FOUNDATION Lake Forest, ILGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$60,000
OHIO STATE UNIVERSITY COLLEGE OF VETERINARY Columbus, OHGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$55,000
BOZEMAN SPORTS PARK FOUNDATION Bozeman, MTGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$50,000
DELTA WATERFOWL Bismark, NDGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$50,000
FEINSTEIN INSTITUTE Manhasset, NYGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$50,000
HURON MOUNTAIN WILDLIFE FOUNDATION Hobe Sound, FLGENERAL, OPERATING, ENDOWMENT OR CAPITAL.$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2025 $2,510,300 154
2024 $2,496,000 158
2023 $2,237,000 147
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019202020212022202320242025
Metric202520242023
Total Assets$38,924,707$37,545,409$37,115,197
Revenue$4,129,630$3,109,925$1,374,201
Expenses$2,750,332$2,679,713$2,413,961
Qualifying Distributions$2,666,869$2,634,414$2,394,743
Net Investment Income$4,110,245$3,090,515$1,568,993
Distributable Amount$2,741,205$2,735,748$2,545,047

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 10, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 20, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 16, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  8. Added Form 990-PF for fiscal year 2025 (received by the IRS May 4, 2026)
  9. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Kenneth H Buchanan as president, Charles F Kane Jr as treasurer, Margaux Buchanan as secretary, Hunt Eldridge III as vice-president, and Brian K Jones and Perrin B Martin as directors.

The Buchanan Family Foundation is led by Kenneth H. Buchanan, President on every filing since 2019; 2 of 6 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Kenneth H. Buchanan

    President

    On filings since 2019

    40 hrs/week

    $75K (2019) → $75K (2025)

  • Brian K. Jones

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Perrin B. Martin

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Charles F. Kane Jr.

    Treasurer

    On filings since 2019

    40 hrs/week

    $25K (2019) → $25K (2025)

  • Hunt Eldridge III

    Vice President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Margaux Buchanan

    Secretary

    On filings since 2019

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Martha R. Hinchman (2019–2021) — Director

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

Kenneth H Buchanan — President: $75KKenneth H BuchananPresident$75KCharles F Kane Jr — Treasurer: $25KCharles F Kane JrTreasurer$25K

Contact

Mailing address: 222 E Wisconsin Avenue Suite 308, Lake Forest, IL 60045
Phone: (847) 234-0235
Website: https://illinois.gov

Frequently asked questions about The Buchanan Family Foundation

How much does The Buchanan Family Foundation give each year?

The Buchanan Family Foundation gave $2.5M across 154 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.5M across 158 grants.

What is The Buchanan Family Foundation's typical grant size?

The Buchanan Family Foundation's median grant in 2025 was $10,000, and its average grant was $16,301, across 154 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Buchanan Family Foundation that year got $13K on average.

Where does The Buchanan Family Foundation give grants?

The Buchanan Family Foundation's top state is Illinois, with 46% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Florida (10%) and Massachusetts (5%). The most frequent recipient cities were Chicago, IL (33 grants), Lake Forest, IL (14 grants), Bozeman, MT (6 grants) and Geneva, IL (5 grants).

Does The Buchanan Family Foundation give general operating support?

Yes: 100% of The Buchanan Family Foundation's 2025 grants with a stated purpose (154 of 154) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Buchanan Family Foundation's largest grantees?

The Buchanan Family Foundation's largest 2025 grantees include Avon Old Farms School ($100,000), Smith College ($100,000) and History Center of Lake Forest - Lake Buff ($75,000), according to its 2025 IRS Form 990-PF. Together they received 11% of its itemized 2025 grant dollars.

How large is The Buchanan Family Foundation?

The Buchanan Family Foundation reported $38.9M in total assets on its 2025 IRS Form 990-PF. It paid out $2.7M in qualifying distributions that year, against a required minimum of $2.7M (roughly 5% of its investment assets).

What does The Buchanan Family Foundation fund?

No foundation mission statement is provided. Its 2025 grants included support for schools and colleges, wildlife and conservation organizations, community and sports organizations, and groups providing food, health, and veterinary services. For example, Huron Mountain Wildlife Foundation describes its work as sponsoring natural science research in the Lake Superior area, while Fox Valley Food for Health says it provides meals, nutrition education, and support to people and families facing serio…

How do I apply for a grant from The Buchanan Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Buchanan Family Foundation's EIN?

The Buchanan Family Foundation's EIN (Employer Identification Number) is 36-6160998. IRS Form 990 filing data is available on this page for 2019–2025.

Does The Buchanan Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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