The Herbert K & Elizabeth M Anspach

Private foundation · Grantmaker Chicago, IL EIN: 31-1804118

The Herbert K & Elizabeth M Anspach is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. Net investment income was $54K.

Key facts about The Herbert K & Elizabeth M Anspach

EIN
31-1804118
Latest 990 filing
Form 990-PF, 2024
Total assets
$1,227,109

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+17.0% YoY

Revenue

$68K

+197.3% YoY

Net Investment Income

$54K

+1770.0% YoY

Expenses

$14K

-84.2% YoY

Under IRS private-foundation payout rules, The Herbert K & Elizabeth M Anspach reported a distributable amount of $55K for 2024 — the minimum it must pay out in qualifying distributions.

How The Herbert K & Elizabeth M Anspach gives

  • Giving fell 83% from 2020 to 2023. Method
  • In 2023 it paid out 126% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Ann Arbor

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K2 grants2020 2 grants2021 2 grants2022 2 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $34K (2022) to $377K (2020). In 2023 it made 2 grants totaling $65K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

8 grants across all recorded years

6<$50K1$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 8 (75%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,227,109$1,048,971$960,076
Revenue$68,037$22,886$11,681
Expenses$13,563$85,573$46,780
Qualifying Distributions—$65,000$34,000
Net Investment Income$54,474$2,913$5,642
Distributable Amount$55,291$51,622$54,679

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Herbert K & Elizabeth M Anspach is led by Heather M. A. Fraser, President since 2024 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Heather M. A. Fraser

    President

    President, Treasurer & D → President, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Celidh McKenzie Fraser

    Secretary

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Robert Fraser (2020–2023) — Secretary

Data from IRS Form 990 filings, 2020–2024. "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 Herbert K & Elizabeth M Anspach

How large is The Herbert K & Elizabeth M Anspach?

The Herbert K & Elizabeth M Anspach reported $1.2M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $68K.

Where does The Herbert K & Elizabeth M Anspach operate?

The Herbert K & Elizabeth M Anspach has awarded grants in Michigan.

How much is The Herbert K & Elizabeth M Anspach required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herbert K & Elizabeth M Anspach reported a distributable amount of $55K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Herbert K & Elizabeth M Anspach's EIN?

The Herbert K & Elizabeth M Anspach's EIN (Employer Identification Number) is 31-1804118. IRS Form 990 filing data is available on this page for 2020–2024.

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

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