The Iwan Foundation

SARASOTA, FL EIN: 20-0968193

The Iwan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $177K. Net investment income was $3K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$177K

+752.8% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$89K

+752.8% YoY

Under IRS private-foundation payout rules, The Iwan Foundation reported a distributable amount of $8K for 2023 — the minimum it must pay out in qualifying distributions.

About The Iwan Foundation

Based on IRS filings

The Iwan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $177K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BradentonCape MayChicagoDowners GroveNew YorkSarasotaTriangleUrbanaWest Cape May

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$103K$154K$206K2020202120222023
Metric202320222021
Total Assets$166,821$220,230
Revenue$12,558$24$9,854
Expenses$186,978$22,483$32,806
Qualifying Distributions$177,102$20,766$28,340
Net Investment Income$2,682$4,919$4,594
Distributable Amount$8,302$9,272$11,260

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$89K$133K$177K9 grants202011 grants20212 grants20222 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

University of Illinois F…$110KUniversity of Illinois F…$67K

Grant Size Distribution

24 grants across all recorded years

22<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include University of Illinois Foundation ($109,801), University of Illinois Foundation ($67,301).

RecipientPurposeAmount
University of Illinois Foundation Urbana, ILGeneral Donation$109,801
University of Illinois Foundation Urbana, ILGeneral Donation$67,301

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
Lori IwanPresident1
Isabella IwanDirector1
Lee IwanSecretary1
Allison VogelmeierDirector1
Lee Iwan AndradeDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Iwan Foundation?

The Iwan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SARASOTA, FL. It holds — in total assets as of 2023.

Where does The Iwan Foundation operate?

The Iwan Foundation has awarded grants in Florida, Illinois, New Jersey, New York, Virginia.

What size grants does The Iwan Foundation award?

In 2023, The Iwan Foundation awarded 2 grants totaling $177K — an average of about $89K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Iwan Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Iwan Foundation's EIN?

The Iwan Foundation's EIN (Employer Identification Number) is 20-0968193. IRS Form 990 filing data is available on this page for 2020–2023.

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

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