Theodore J Krasnow Family Foundation is a private foundation focused on Arts and culture, based in LOMBARD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31K in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31K
-1.6% YoY
Annual Giving
$11K
-61.1% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$3K
-31.9% YoY
Under IRS private-foundation payout rules, Theodore J Krasnow Family Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Theodore J Krasnow Family Foundation
Based on IRS filings
Theodore J Krasnow Family Foundation is a private foundation focused on Arts and culture, based in LOMBARD, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31K in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,330 | $31,829 | $52,227 |
| Revenue | $8,451 | $3,101 | $1,715 |
| Expenses | $12,450 | $27,520 | $20,135 |
| Qualifying Distributions | $10,500 | $27,000 | $16,500 |
| Net Investment Income | $6,501 | $2,581 | — |
| Distributable Amount | $1,987 | $2,779 | $4,958 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jewish Philanthropies of Southern A ($3,500), The Jewish Museum of Maryland ($3,000), John's Hopkins Center for Gun Viole ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Temple Beth Shalom Arnold MD, MD | Synagogue | $1,000 |
| The Jewish Museum of Maryland Baltimore, MD | Museum | $3,000 |
| John's Hopkins Center for Gun Viole Baltimore, MD | Education on gun violence | $3,000 |
| Jewish Philanthropies of Southern A Tucson, AZ | Best Use | $3,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Frances H Krasnow | President | — | — |
| Iris B Krasnow | Treasurer | — | — |
| Gregory H Krasnow | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Theodore J Krasnow Family Foundation?
Theodore J Krasnow Family Foundation is a private foundation focused on Arts and culture, based in LOMBARD, IL. It holds $31K in total assets as of 2024.
How large is Theodore J Krasnow Family Foundation?
As of 2024, Theodore J Krasnow Family Foundation holds $31K in total assets with $8K in annual revenue. It awarded 4 grants totaling $11K in 2024.
Where does Theodore J Krasnow Family Foundation operate?
Theodore J Krasnow Family Foundation has awarded grants in Arizona, District of Columbia, Illinois, Maryland.
What size grants does Theodore J Krasnow Family Foundation award?
In 2024, Theodore J Krasnow Family Foundation awarded 4 grants totaling $11K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Theodore J Krasnow Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Theodore J Krasnow Family Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Theodore J Krasnow Family Foundation's EIN?
Theodore J Krasnow Family Foundation's EIN (Employer Identification Number) is 36-3209669. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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