Vail Family Foundation
Vail Family Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 19 grants totaling $57K. Net investment income was $129K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+2.9% YoY
Annual Giving
$57K
-3.0% YoY
Grant Count
19
+11.8% YoY
Avg Grant Size
$3K
-13.2% YoY
Under IRS private-foundation payout rules, Vail Family Foundation reported a distributable amount of $91K for 2024 — the minimum it must pay out in qualifying distributions.
About Vail Family Foundation
Based on IRS filings
Vail Family Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 19 grants totaling $57K. Net investment income was $129K.
Ready to take the next step with Vail Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,853,926 | $1,801,244 | $1,794,765 |
| Revenue | $152,175 | $67,720 | $51,689 |
| Expenses | $99,496 | $60,900 | $63,791 |
| Qualifying Distributions | $76,174 | $54,419 | $62,330 |
| Net Investment Income | $129,063 | $60,639 | $50,228 |
| Distributable Amount | $90,669 | $90,576 | $91,451 |
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
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Kellogg School of Management ($15,000), Ravinia Festival ($10,000), Martha Graham Dance Company ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| RAVINIA FESTIVAL HIGHLAND PARK, IL | GENERAL OPERATING FUND | $10,000 |
| EVANSTON PUBLIC LIBRARY EVANSTON, IL | GENERAL OPERATING FUND | $1,500 |
| MARTHA GRAHAM DANCE COMPANY NEW YORK, NY | GENERAL OPERATING FUND | $5,000 |
| CHURCH OF THE HOLY SPIRIT LAKE FOREST, IL | GENERAL OPERATING FUND | $5,000 |
| GLEN VIEW CLUB SCHOLARSHIP FOUNDATION GOLF, IL | GENERAL OPERATING FUND | $1,500 |
| WINNETKA COMMUNITY HOUSE WINNETKA, IL | GENERAL OPERATING FUND | $3,500 |
| WINNETKA HISTORICAL SOCIETY WINNETKA, IL | GENERAL OPERATING FUND | $2,500 |
| BIG BROTHERS BIG SISTERS CHICAGO, IL | GENERAL OPERATING FUND | $500 |
| CLEARBROOK ARLINGTON HEIGHTS, IL | GENERAL OPERATIONS | $2,500 |
| FRIENDS OF THE KRESS PAVILION EGG HARBOR, WI | GENERAL OPERATIONS | $600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARGARET C VAIL | PRESIDENT, DIRECTOR | 0.5 | — |
| JAMES D VAIL IV | VP, TREAS, SEC, DIRECTOR | 0.5 | — |
| JOHN F VAIL | EXE VP, ASST TREAS, DIRECTOR | 0.5 | — |
| JAMES D VAIL V | VICE PRESIDENT, DIRECTOR | 0.5 | — |
Frequently Asked Questions
How large is Vail Family Foundation?
As of 2024, Vail Family Foundation holds $1.9M in total assets with $152K in annual revenue. It awarded 19 grants totaling $57K in 2024.
Where does Vail Family Foundation operate?
Vail Family Foundation has awarded grants in California, Georgia, Idaho, Illinois, Massachusetts, Maine, North Carolina, New Hampshire, New York, Pennsylvania, Wisconsin.
What size grants does Vail Family Foundation award?
In 2024, Vail Family Foundation awarded 19 grants totaling $57K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Vail Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vail Family Foundation reported a distributable amount of $91K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vail Family Foundation's EIN?
Vail Family Foundation's EIN (Employer Identification Number) is 36-3441436. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Vail Family 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 April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Vail Family 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 Vail Family Foundation to a real strategy.