The Turano Foundation is a corporate foundation based in Berwyn, Illinois, affiliated with the Turano Baking Company. Established in 1998, it operates as a private grantmaking foundation with a focus on supporting charitable organizations and educational initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$538K
+80.2% YoY
Grant Count
56
-5.1% YoY
Avg Grant Size
$10K
+89.9% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Nonprofit Human Services
- Reproductive Health
- Housing
- Women's Shelters and Supportive Housing
Grantmaking
Ready to take the next step with The Turano Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Illinois
- Rhode Island
- Indiana
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total assets: $14,223,500
- Total revenues: $5,424,010
- Total expenses: $547,780
- Total grants, contributions: $5,000,000
- Investment income and dividends: $424,010
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Casa Italia ($210,000), Big Shoulders Foundation ($50,000), Neighborhood Food Pantries ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| A SAFE HAVEN CHICAGO, IL | CHARITY | $4,000 |
| ABOVE AND BEYOND CHICAGO, IL | CHARITY | $5,000 |
| AGING CARE CONNECTIONS LA GRANGE, IL | CHARITY | $2,500 |
| ASCENSION ILLINOIS FOUNDATION CHICAGO, IL | CHARITY | $8,000 |
| BIG SHOULDERS FOUNDATION CHICAGO, IL | CHARITY | $50,000 |
| CASA ITALIA STONE PARK, IL | CHARITY | $210,000 |
| CASA OF DUPAGE WHEATON, IL | CHARITY | $3,500 |
| CATHOLIC CHARITIES CHICAGO, IL | CHARITY | $3,000 |
| CESARE BATTISTI LODGE 27 SCHERERVILLE, IN | CHARITY | $3,000 |
| CHRISTIAN BROTHERS OF THE BURR RIDGE, IL | CHARITY | $4,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is listed as "C/o Lisa Turano" in official filings, indicating Lisa Turano's involvement in foundation operations.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA TURANO SOLANO | PRESIDENT/SE | — | — |
| WILLIAM CARLSON | DIRECTOR | — | — |
| MARIA COSENTINO | DIRECTOR | — | — |
| ANGELINA SORRENTINO | DIRECTOR | — | — |
| MARIO TURANO | DIRECTOR | — | — |
| CYNTHIA VILLARDITO | DIRECTOR | — | — |
| ANTHONY TURANO | DIRECTOR | — | — |
| SANDRA BATTERSBY | TREASURER | — | — |
| GENA TURANO | DIRECTOR | — | — |
| JESSICA TURANO | DIRECTOR | — | — |
| MALINA NOVELLE | DIRECTOR | — | — |
| BRIAN RUGER | DIRECTOR | — | — |
| MICHAEL LEMAR | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Turano Foundation fund?
The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit Human Services • Reproductive Health • Housing • Women's Shelters and Supportive Housing
How do I apply for a grant from The Turano Foundation?
**Grant Activity:** • Total giving: $537,805 (most recent fiscal year) • Typical award range: $1,000–$210,000 • Recent grants include: • Casa Italia: $210,000 (2024) • Loyola University Chicago: $10,000 (2024) • Fenwick High School: $10,000 (2024) • Made 66 grants in the past year, with 32 grants totaling $587,600 documented
Where does The Turano Foundation make grants?
The foundation primarily funds organizations in: • Illinois • Rhode Island • Indiana
What size grants does The Turano Foundation award?
In 2024, The Turano Foundation awarded 56 grants totaling $538K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is The Turano Foundation's EIN?
The Turano Foundation's EIN (Employer Identification Number) is 36-4133403. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Turano Foundation's focus areas in our free grants database
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
RHS Foundation
MOLINE, IL
Assets
$1.1M
Grants
37
Total Given
$342K
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
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Turano Foundation 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
Go from researching The Turano Foundation to a real strategy.