The Schiff Foundation Incorporated
The Schiff Foundation Incorporated is a private foundation based in Northbrook, Illinois. Established in March 1988, it operates as a 501(c)(3) tax-exempt organization and is classified as a foundation with preselected grantmaking practices.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.4M
-4.8% YoY
Annual Giving
$1.2M
+1.7% YoY
Grant Count
9
+12.5% YoY
Avg Grant Size
$130K
-9.6% YoY
Grantmaking
The foundation operates on a preselected-only basis, meaning it makes contributions exclusively to preselected charitable organizations and does not accept unsolicited applications for funds.
Grant Range
$0–$667,000
Ready to take the next step with The Schiff Foundation Incorporated?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Most Recent Filing (2023):
- Total Assets: $5,665,043
- Total Giving: $1,146,667
- Revenue: $367,563
- Expenses: $1,270,000
- Total Liabilities: $0
The foundation ranks in the top 10% of U.S. foundations by assets (Rank #13,026 of 159,550).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,393,970 | $5,665,043 | $6,567,245 |
| Revenue | $960,860 | $367,563 | $837,142 |
| Expenses | $1,281,933 | $1,269,765 | $1,273,096 |
| Qualifying Distributions | $1,178,281 | $1,252,991 | $1,263,488 |
| Net Investment Income | $862,708 | $235,510 | $717,831 |
| Distributable Amount | $566,924 | $555,654 | $593,803 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
43 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
The foundation maintains limited staffing with the following board members and key personnel:
| Name | Title | Hours/Week | Compensation/Year |
|---|---|---|---|
| Margot Levin | President, Director | 2 | $0 |
| Leslie Ann Schiff | Secretary, Director | 1 | $0 |
| Steven Spector | Treasurer, Registered Agent | 2 | $0 |
| David Schiff | Director | 1 | $0 |
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGOT LEVIN | PRESIDENT, DIRECTOR | 2 | — |
| LESLIE ANN SCHIFF | SECRETARY, DIRECTOR | 1 | — |
| STEVEN SPECTOR | TREASURER, REGISTERED AGENT | 2 | — |
| DAVID SCHIFF | DIRECTOR | 1 | — |
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Schiff Foundation Incorporated on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities