The Tws Foundation logo

The Tws Foundation

WESTERN SPRINGS, IL EIN: 20-5693587 Website

ENCOURAGE AND CARE FOR CONTRIBUTIONS THAT SUPPORT THE ENTERTAINMENT, EDUCATION, AND INSPIRATION OF MULTIPLE GENERATIONS THROUGH THE ART OF LIVE THEATRE IN THE WESTERN SUBURBS OF CHICAGO.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.4M

+48.7% YoY

Annual Giving

$11K

+30.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$11K

+30.5% YoY

About The Tws Foundation

Based on IRS filings

The Tws Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in WESTERN SPRINGS, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.4M in total assets. In 2025, it awarded 1 grants totaling $11K. Net investment income was $60K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Western Springs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$183K$366K$549K$732K20212022202320242025
Metric202520242023
Total Assets$2,356,734$1,585,198$1,408,025
Revenue$665,516$73,840$67,208
Expenses$23,783$28,287$9,615
Qualifying Distributions
Net Investment Income$60,299$49,542$47,629
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$5K$8K$11K0 grants20210 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

THE THEATRE OF WESTERN S…$11K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from The Tws Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

EDWARD WAVAKTRUSTEE$30K

From 2025 filing

NameTitleHoursCompensation
JOHN PODLISKAPRESIDENT5
PEGGY CARLSONVICE PRESIDENT1
LINDA BUGIELSKISECRETARY2
BRIAN T WHITLOCKTREASURER10
LORI D'ASTATRUSTEE1
TIMOTHY GANNONTRUSTEE1
KARLA HUDSONTRUSTEE1
WALTER KNAKETRUSTEE1
DANNY PARROTTTRUSTEE1
SARA TORREYTRUSTEE1
EDWARD WAVAKTRUSTEE1$30,000
BENTON BULLWINKLETRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

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

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