The Silver Foundation
The Silver Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $200K in total assets. In 2025, it awarded 1 grant totaling $48K. Net investment income was $12K.
Key facts about The Silver Foundation
In short: The Silver Foundation gave $48K across 1 grant in 2025 (avg $48K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- EIN
- 38-7035132
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $47,750
- Grants made (2025)
- 1
- Average grant
- $47,750
- Median grant
- $47,750
- Total assets
- $199,635
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$200K
-14.5% YoY
Annual Giving
$48K
-32.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$48K
-32.8% YoY
Under IRS private-foundation payout rules, The Silver Foundation reported a distributable amount of $14K for 2025 — the minimum it must pay out in qualifying distributions.
How The Silver Foundation gives
- Giving fell 28% from 2022 to 2025. Method
- In 2025 it paid out 372% 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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $45K (2023) to $184K (2019). In 2025 it made 1 grant totaling $48K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $50–100K range: 3 grants of 5 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Statement Attached Chicago, IL | General Operating Purposes | $47,750 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $199,635 | $233,403 | $266,797 |
| Revenue | $16,258 | $37,120 | $12,041 |
| Expenses | $56,261 | $77,899 | $56,248 |
| Qualifying Distributions | $51,255 | $73,985 | $50,395 |
| Net Investment Income | $11,852 | $33,306 | $6,188 |
| Distributable Amount | $13,785 | $15,204 | $17,377 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 21, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 29, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS July 28, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
The Silver Foundation is led by Cappy A. Silver, Trustee - Part Time on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Cappy A. Silver
Trustee - Part Time
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Silver Foundation
How much does The Silver Foundation give each year?
The Silver Foundation gave $48K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $71K across 1 grant.
How large is The Silver Foundation?
The Silver Foundation reported $200K in total assets on its 2025 IRS Form 990-PF. It paid out $51K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).
Where does The Silver Foundation operate?
The Silver Foundation has awarded grants in Illinois.
What is The Silver Foundation's EIN?
The Silver Foundation's EIN (Employer Identification Number) is 38-7035132. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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