Tooling and Manufacturing Association is a private foundation focused on Employment, based in SCHAUMBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $12K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+2.3% YoY
Annual Giving
$12K
-89.5% YoY
Grant Count
7
-30.0% YoY
Avg Grant Size
$2K
-85.1% YoY
Under IRS private-foundation payout rules, Tooling and Manufacturing Association reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About Tooling and Manufacturing Association
Based on IRS filings
Tooling and Manufacturing Association is a private foundation focused on Employment, based in SCHAUMBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $12K. Net investment income was $32K.
Focus Areas
Ready to take the next step with Tooling and Manufacturing Association?
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 | $1,156,032 | $1,129,633 | $1,092,881 |
| Revenue | $76,125 | $181,269 | $13,516 |
| Expenses | $101,363 | $148,378 | $73,406 |
| Qualifying Distributions | $32,313 | $119,430 | $50,497 |
| Net Investment Income | $31,598 | $106,974 | $17,675 |
| Distributable Amount | $54,323 | $51,705 | $57,426 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Brenda Guerrero ($3,000), Laura Abad ($3,000), Salma Sammak ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MHUB CHICAGO, IL | EDUCATIONAL PROGRAMS | $1,000 |
| UW-STOUT UNIVERSITY FOUNDATION MENOMONIE, WI | EDUCATIONAL PROGRAM | $780 |
| ALRO STEEL PROVISO WEST HIGH SCHOOL MELROSE PARK, IL | EDUCATIONAL PROGRAMS | $997 |
| VANESSA HERNANDEZ CHICAGO, IL | EDUCATIONAL PROGRAMS | $1,000 |
| BRENDA GUERRERO HILLSIDE, IL | EDUCATIONAL PROGRAMS | $3,000 |
| LAURA ABAD CHICAGO, IL | EDUCATIONAL PROGRAMS | $3,000 |
| SALMA SAMMAK HILLSIDE, IL | EDUCATIONAL PROGRAMS | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT CLIFFORD | Chairman | — | — |
| CHARLOTTE CANNING | Trustee | — | — |
| KEITH KRUTZ | Trustee | — | — |
| MIKE WARREN | Trustee | — | — |
| NICOLE WOLTER | Trustee | — | — |
| PATRICK OSBORNE | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tooling and Manufacturing Association?
Tooling and Manufacturing Association is a private foundation focused on Employment, based in SCHAUMBURG, IL. It holds $1.2M in total assets as of 2024.
How large is Tooling and Manufacturing Association?
As of 2024, Tooling and Manufacturing Association holds $1.2M in total assets with $76K in annual revenue. It awarded 7 grants totaling $12K in 2024.
Where does Tooling and Manufacturing Association operate?
Tooling and Manufacturing Association has awarded grants in Illinois, Wisconsin.
What size grants does Tooling and Manufacturing Association award?
In 2024, Tooling and Manufacturing Association awarded 7 grants totaling $12K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Tooling and Manufacturing Association required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tooling and Manufacturing Association reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tooling and Manufacturing Association's EIN?
Tooling and Manufacturing Association's EIN (Employer Identification Number) is 36-3523995. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tooling and Manufacturing Association'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 April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Tooling and Manufacturing Association 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 Tooling and Manufacturing Association to a real strategy.