The Foley Foundation Inc

Private foundation · Grantmaker Chicago, IL EIN: 36-3039722

The Foley Foundation Inc is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 7 grants totaling $204K.

The Foley Foundation Inc at a glance

In short: The Foley Foundation Inc gave $204K across 7 grants in 2023 (avg $29K), mostly in New York. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$204,200
+1892.2% vs 2022
Grants made (2023)
7
+75.0% vs 2022
Average grant
$29,171
+1038.4% vs 2022
Median grant
$1,000
Primary geography
New York (94% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who The Foley Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2023

Morgan Stanley Global Impacttrust: $191KMorgan Stanley GlobalImpacttrust$191KSertoma Centre: $8KSertoma Centre$8KSt Barnabas Church: $2KSt Barnabas Church$2KAmerican Fdn for Suicide Prevent: $1KAmerican Fdn for SuicidePrevent$1KPat Mac's Pack Foundation: $1KPat Mac's Pack Foundation$1KThe Second Story Foundation: $800The Second Story Foundation$800Cameron Miller Fahey Scholarship FD: $500Cameron Miller FaheyScholarship FD$500

The largest 2023 recipient was Morgan Stanley Global Impacttrust ($191K). Together the top 7 received $204K.

Grant Size Distribution

18 grants across all recorded years

17<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 18 (94%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2023 grant dollars across all 7 itemized grants.

Cities

ChicagoAlsipNew YorkCretePurchase

How The Foley Foundation Inc gives

  • Giving grew 3451% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K3 grants2020 4 grants2021 4 grants2022 7 grants2023

From 2020 to 2023, annual grant giving ranged from $6K (2020) to $204K (2023). In 2023 it made 7 grants totaling $204K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Morgan Stanley Global Impacttrust Purchase, NYGeneral$191,000
Sertoma Centre Alsip, ILGeneral$7,500
St Barnabas Church Chicago, ILGeneral$2,400
American Fdn for Suicide Prevent New York, NYGeneral$1,000
Pat Mac's Pack Foundation Chicago, ILGeneral$1,000
The Second Story Foundation Crete, ILGeneral$800
Cameron Miller Fahey Scholarship FD Chicago, ILGeneral$500
Your AI grants department

Ready to take the next step with The Foley Foundation Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$-1,705$222,543$204,2007$211,228—$10,145
2022$225,733$2,297$13,996$10,2504$10,590$4,630$11,390
2021$233,042$26,043$15,256$8,6004$9,935$11,492$13,074
2020$222,255$9,105$11,999$5,7503—$4,010$11,602

Under IRS private-foundation payout rules, The Foley Foundation Inc reported a distributable amount of $10K for 2023 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Foley Foundation Inc is led by Thomas J. Stack Jr., President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Thomas J. Stack Jr.

    President

    On filings since 2020

    No compensation reported

  • Jerome V. Frazel

    Vice President & Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "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 The Foley Foundation Inc

How much does The Foley Foundation Inc give each year?

The Foley Foundation Inc gave $204K across 7 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $10K across 4 grants.

What is The Foley Foundation Inc's typical grant size?

The Foley Foundation Inc's median grant in 2023 was $1,000, and its average grant was $29,171, across 7 grants on its 2023 IRS Form 990-PF.

Where does The Foley Foundation Inc give grants?

The Foley Foundation Inc gives mostly in New York: 94% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Illinois (6%). The most frequent recipient cities were Chicago, IL (3 grants).

Does The Foley Foundation Inc give general operating support?

Yes: 100% of The Foley Foundation Inc's 2023 grants with a stated purpose (7 of 7) were for general or operating support, per its 2023 IRS Form 990-PF.

Who are The Foley Foundation Inc's largest grantees?

The Foley Foundation Inc's largest 2023 grantees include Morgan Stanley Global Impacttrust ($191,000), Sertoma Centre ($7,500) and St Barnabas Church ($2,400), according to its 2023 IRS Form 990-PF. Together they received 98% of its itemized 2023 grant dollars.

How much is The Foley Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Foley Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Foley Foundation Inc's EIN?

The Foley Foundation Inc's EIN (Employer Identification Number) is 36-3039722. IRS Form 990 filing data is available on this page for 2020–2023.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Explore Open Grants

Browse active grant opportunities in The Foley Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in Illinois

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Foley Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

The Foley Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?