The Spalding Family Foundation

Foundation · Grantmaker Wilmette, IL EIN: 47-5165696

The Spalding Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmette, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $636K in total assets. In 2024, it awarded 3 grants totaling $305K. Net investment income was $32K.

Key facts about The Spalding Family Foundation

EIN: 47-5165696
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $305,000
Grants made (2024): 3
Average grant: $101,667
Median grant: $30,000
Total assets: $635,599
Primary geography: Colorado (82% of itemized 2024 grant dollars)

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

Who The Spalding Family Foundation funds

By grant dollars, the top recipient states for The Spalding Family Foundation's 3 itemized 2024 grants were Colorado (82%) and Illinois (18%). None of its 3 grants with a stated purpose were described as general or operating support.

How The Spalding Family Foundation gives

Giving grew 1120% from 2021 to 2024. Method
In 2024 it paid out 697% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Spalding Family Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$636K

-34.5% YoY

Annual Giving

$305K

Grant Count

Avg Grant Size

$102K

Under IRS private-foundation payout rules, The Spalding Family Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

About The Spalding Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $250K (82%)

Illinois $55K (18%)

Share of all 3 itemized 2024 grant dollars.

States

Colorado Illinois

Cities

ChicagoDeerfieldFort Collins

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$635,599	$970,118	$980,118
Revenue	$33,214	$13,328	$25,149
Expenses	$367,733	$23,328	$47,790
Qualifying Distributions	$306,506	$1,558	$31,174
Net Investment Income	$31,636	$11,019	$6,279
Distributable Amount	$44,002	$47,728	$49,294

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Colorado State University Foundation ($250,000), Shirley Ryan Abilitylab - Rehabilitation Institute of Chicago ($30,000), The Margo Fowler Family Foundation ($25,000).

Recipient	Purpose	Amount
COLORADO STATE UNIVERSITY FOUNDATION Fort Collins, CO	ASSIST THE PROMOTION, DEVELOPMENT AND ENHANCEMENT OF THE FACILITIES AND EDUCATIONAL PROGRAMS AND OPPORTUNITIES OF THE FACULTY, STUDENTS AND ALUMNI OF COLORADO STATE UNIVERSITY	$250,000
SHIRLEY RYAN ABILITYLAB - REHABILITATION INSTITUTE OF CHICAGO Chicago, IL	RESEARCH, TECHNOLOGY AND CLINICAL CARE	$30,000
THE MARGO FOWLER FAMILY FOUNDATION Deerfield, IL	TO ASSIST PEOPLE WITH FRONTOTEMPORAL DEMENTIA (FTD)	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
David F Spalding	Director/President	0.1	—
Elizabeth C Spalding	Director/Secretary	0.1	—
Jeffrey Charles Spalding	Director/Vice President	0.1	—
Brian David Spalding	Director/Vice President	0.1	—
Emily Spalding Byers	Vice President	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Spalding Family Foundation?

The Spalding Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmette, IL. It holds $636K in total assets as of 2024.

How large is The Spalding Family Foundation?

As of 2024, The Spalding Family Foundation holds $636K in total assets with $33K in annual revenue. It awarded 3 grants totaling $305K in 2024.

Where does The Spalding Family Foundation operate?

The Spalding Family Foundation has awarded grants in Colorado, Illinois.

What size grants does The Spalding Family Foundation award?

In 2024, The Spalding Family Foundation awarded 3 grants totaling $305K — an average of about $102K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Spalding Family Foundation reported a distributable amount of $44K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Spalding Family Foundation's EIN?

The Spalding Family Foundation's EIN (Employer Identification Number) is 47-5165696. IRS Form 990 filing data is available on this page for 2021–2024.