United Airlines Pilots Retirement Foundation

Private foundation · Grantmaker Lake Forest, IL EIN: 58-1686601

United Airlines Pilots Retirement Foundation is a private foundation, based in Lake Forest, IL. IRS filing data is available from 2019 through 2024. In 2024, it awarded 7 grants totaling $4.3M. Net investment income was $315K.

Key facts about United Airlines Pilots Retirement Foundation

In short: United Airlines Pilots Retirement Foundation gave $4.3M across 7 grants in 2024 (avg $620K), mostly in Illinois. Source: 2024 IRS Form 990-PF.

EIN
58-1686601
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$4,338,736
Grants made (2024)
7
Average grant
$619,819
Median grant
$432,673
Primary geography
Illinois (70% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$4.3M

+1785.8% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$620K

+1516.4% YoY

Under IRS private-foundation payout rules, United Airlines Pilots Retirement Foundation reported a distributable amount of $158K for 2024 — the minimum it must pay out in qualifying distributions.

How United Airlines Pilots Retirement Foundation gives

  • Giving grew 6098% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

ChicagoAshvilleCarbondaleLittle RockMill ValeyDaytona BeachGrand ForksHooverRomeovilleSan JoseSanta Rosa

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M0 grants2019 1 grant2020 1 grant2021 4 grants2022 6 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $50K (2020) to $4.3M (2024). In 2024 it made 7 grants totaling $4.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

United We Care: $2.2MUnited We Care$2.2MUniverisity of North Dakota: $433KUniverisity of North Dakota$433KSan Jose State University: $433KSan Jose State University$433KLewis University: $433KLewis University$433KEmbry-Riddle University: $433KEmbry-Riddle University$433KSouthern Illinois University: $433KSouthern Illinois University$433KNancy Orpin Co Morningside of River: $12KNancy Orpin Co Morningside ofRiver$12K

The largest 2024 recipient was United We Care ($2.2M). Together the top 7 received $4.3M.

Grant Size Distribution

19 grants across all recorded years

9<$50K2$50–100K2$100–250K5$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 9 grants of 19 (47%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United We Care Chicago, ILGrants to Families$2,163,371
Univerisity of North Dakota Grand Forks, NDGrants to Support Mission$432,673
San Jose State University San Jose, CAGrants to Support Mission$432,673
Lewis University Romeoville, ILGrants to Support Mission$432,673
Embry-Riddle University Daytona Beach, FLGrants to Support Mission$432,673
Southern Illinois University Carbondale, ILGrants to Support Mission$432,673
Nancy Orpin Co Morningside of River Little Rock, ARGrants to Families$12,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$4,024,333$3,894,136
Revenue$408,803$106,975$198,887
Expenses$4,433,136$272,484$183,888
Qualifying Distributions$4,338,736$230,072$137,900
Net Investment Income$314,660$76,906$159,193
Distributable Amount$158,384$194,318$198,943

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 20, 2020)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 8, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 8, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

United Airlines Pilots Retirement Foundation is led by David Schultz, President on every filing since 2021; none of the 11 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David Schultz

    President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Carl Eberle

    Director

    President → Director, 2021

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Donald Gregg

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Ellen Thompson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Steve K. Scott

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Steven S. Moddle

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas G. Workinger

    Director

    Treasurer → Director, 2021

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Ed Wevik

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jeff Ellis

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Barry K. Davidson

    Secretary

    Director → Secretary, 2021

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Robert Helfferich

    Treasurer

    Director → Treasurer & Director, 2021

    Treasurer & Director → Treasurer, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Dave Schultz (2019–2020) — Director
  • Former: Joseph Vitelli (2019–2020) — Director
  • Former: Richard E. Miller Jr. (2019–2020) — Secretary
  • Former: Donald L. Wright (2019) — Director
  • Former: Walt Clark (2019) — Director

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about United Airlines Pilots Retirement Foundation

How much does United Airlines Pilots Retirement Foundation give each year?

United Airlines Pilots Retirement Foundation gave $4.3M across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $230K across 6 grants.

What is United Airlines Pilots Retirement Foundation's typical grant size?

United Airlines Pilots Retirement Foundation's median grant in 2024 was $432,673, and its average grant was $619,819, across 7 grants on its 2024 IRS Form 990-PF.

Where does United Airlines Pilots Retirement Foundation give grants?

United Airlines Pilots Retirement Foundation gives mostly in Illinois: 70% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were North Dakota (10%) and California (10%).

Does United Airlines Pilots Retirement Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on United Airlines Pilots Retirement Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Grants to Support Mission" (5 grants).

Who are United Airlines Pilots Retirement Foundation's largest grantees?

United Airlines Pilots Retirement Foundation's largest 2024 grantees include United We Care ($2,163,371), Univerisity of North Dakota ($432,673) and San Jose State University ($432,673), according to its 2024 IRS Form 990-PF. Together they received 70% of its itemized 2024 grant dollars.

How much is United Airlines Pilots Retirement Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, United Airlines Pilots Retirement Foundation reported a distributable amount of $158K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is United Airlines Pilots Retirement Foundation's EIN?

United Airlines Pilots Retirement Foundation's EIN (Employer Identification Number) is 58-1686601. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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