The Foundation for the Educational
THE FOUNDATION SUPPORTS THE OPERATIONS OF THE SONIA SHANKMAN ORTHOGENIC SCHOOL AND THE HYDE PARK DAY SCHOOLS AND MANAGES THE INVESTMENTS IT OWNS FOR THIS USE. ADDITIONALLY, IT IS THE OWNER OF FEDC HOLDINGS LLC, A DISREGARDED ENTITY, WHICH HOLDS REAL ESTATE ASSETS OF THE ORGANIZATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.9M
+3.0% YoY
Annual Giving
$250K
-69.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$250K
-69.9% YoY
About The Foundation for the Educational
Based on IRS filings
The Foundation for the Educational is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $42.9M in total assets. In 2024, it awarded 1 grants totaling $250K. Net investment income was $2.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,939,392 | $41,688,053 | $41,347,005 |
| Revenue | $2,290,349 | $1,967,360 | $-1,249,994 |
| Expenses | $1,039,010 | $1,626,312 | $2,219,269 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,290,349 | $1,922,360 | $-1,270,394 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Leslie Shankman School Corporation ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LESLIE SHANKMAN SCHOOL CORPORATION CHICAGO, IL | OPERATIONS | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT MCDONALD | CHAIR | 1 | — |
| ADAM STEINBACK | VICE CHAIR | 2 | — |
| JANET GOELZ HOFFMAN | SECRETARY & TREASURER | 2 | — |
| LENNY ASARO | DIRECTOR | 1 | — |
| DAVID KURTZ | DIRECTOR - UNTIL 08/23 | 1 | — |
| ABBY SIMON | CFO & EXECUTIVE DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Foundation for the Educational?
The Foundation for the Educational is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $42.9M in total assets as of 2024.
How large is The Foundation for the Educational?
As of 2024, The Foundation for the Educational holds $42.9M in total assets with $2.3M in annual revenue. It awarded 1 grants totaling $250K in 2024.
Where does The Foundation for the Educational operate?
The Foundation for the Educational has awarded grants in Illinois.
What size grants does The Foundation for the Educational award?
In 2024, The Foundation for the Educational awarded 1 grants totaling $250K — an average of about $250K per grant, based on its IRS Form 990 filings.
What is The Foundation for the Educational's EIN?
The Foundation for the Educational's EIN (Employer Identification Number) is 36-6083633. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The Foundation for the Educational's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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