The Gostomski Foundation is a private foundation established in 2014 and based in Oakbrook Terrace, Illinois. The foundation manages substantial assets and distributes grants to charitable organizations, with a particular emphasis on educational and religious institutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$500K
-11.5% YoY
Grant Count
24
-22.6% YoY
Avg Grant Size
$21K
+14.3% YoY
Mission & Focus Areas
The foundation does not have a formally specified focus on particular subject areas. However, based on grantmaking patterns, the foundation supports educational institutions, particularly Catholic universities and schools, as well as organizations aligned with religious missions.
Grantmaking
The foundation typically selects grantees rather than accepting unsolicited proposals. Applicants should note that this is a preselected grantmaking model.
Grant Range
$3,000 to $168,000
Average Grant
$32,000
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. states and international locations. Primary funding regions include:
- Minnesota
- Illinois
- Wisconsin
- Connecticut
- Florida
- Georgia
- Missouri
- New York
- Pennsylvania
The foundation has also funded projects in Krakow, Poland. Approximately 81% of grants support organizations in Minnesota, Illinois, and Wisconsin.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total assets: $18,347,578
- Total revenues: $1,328,228
- Total expenses: $1,284,761
- Total grants and contributions: $495,915
- Investment income and dividends: $450,192
Asset growth has been significant, increasing from $3.5 million in 2013 to $18.3 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2024
Grant Size Distribution
106 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Trustees:
- Michael M. Gostomski
- John Staab
- Christopher Hughes
- Adam Damerow
Advisor:
- James C. Gostomski (40 hours/week, $90,000 annual compensation)
The trustees serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL M GOSTOMSKI | TRUSTEE | — | — |
| JOHN STAAB | CO-TRUSTEE | — | — |
| CHRISTOPHER HUGHES | CO-TRUSTEE | — | — |
| ADAM DAMEROW | CO-TRUSTEE | — | — |
| JAMES C GOSTOMSKI | ADVISOR | 40 | $90,000 |
Recent News & Activity
Recent developments and announcements
The foundation's most recent IRS Form 990-PF filing was published in December 2024, covering the 2023 tax year. The foundation made 18 grants in 2023 according to available records.
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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