W & M Krug Family Foundation

Foundation · Grantmaker BURR RIDGE, IL EIN: 46-3829467

W & M Krug Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURR RIDGE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223K in total assets. In 2024, it awarded 9 grants totaling $31K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$223K

-6.0% YoY

Annual Giving

$31K

-7.5% YoY

Grant Count

9

-18.2% YoY

Avg Grant Size

$3K

+13.1% YoY

Under IRS private-foundation payout rules, W & M Krug Family Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About W & M Krug Family Foundation

Based on IRS filings

W & M Krug Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURR RIDGE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223K in total assets. In 2024, it awarded 9 grants totaling $31K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BellevilleChicagoElmhurstFort MyersGlendale HeightsGrand RapidsJolietLa GrangeLagrangeLeesburgNaplesNotre DameOak ParkPalos HeightsWestern Springs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$61K$123K$184K$246K20202021202220232024
Metric202420232022
Total Assets$222,657$236,819$241,881
Revenue$19,587$31,733$53,778
Expenses$33,749$39,715$67,550
Qualifying Distributions$30,850$33,365$53,465
Net Investment Income
Distributable Amount$10,987$11,669$12,010

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$51K$76K$102K19 grants202017 grants202114 grants202211 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

San Miguel School$15KChildren's Welfare and D…$6KSarah's Circle$5KSt John the Evangelist C…$2KHarry Chapin Food Bank$1KMisericordia$1KSt Matthews House Inc$1KGlen Oaks Hospital Found…$250St John of the Cross Chu…$100

Grant Size Distribution

70 grants across all recorded years

70<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include San Miguel School ($15,000), Children's Welfare and Development ($6,000), Sarah's Circle ($5,000).

RecipientPurposeAmount
Children's Welfare and Development Elmhurst, ILHealth & Welfare$6,000
Glen Oaks Hospital Foundation Glendale Heights, ILMedical$250
Harry Chapin Food Bank Fort Myers, FLHunger & Welfare$1,000
Misericordia Chicago, ILHomelessness$1,000
San Miguel School Chicago, ILEducational Scholarship$15,000
Sarah's Circle Chicago, ILHomelessness$5,000
St John of the Cross Church Western Springs, ILReligous$100
St John the Evangelist Church Naples, FLReligous$1,500
St Matthews House Inc Naples, FLHealth & Welfare$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
William J KrugPresident1
Marta R KrugTreasurer1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is W & M Krug Family Foundation?

W & M Krug Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURR RIDGE, IL. It holds $223K in total assets as of 2024.

How large is W & M Krug Family Foundation?

As of 2024, W & M Krug Family Foundation holds $223K in total assets with $20K in annual revenue. It awarded 9 grants totaling $31K in 2024.

Where does W & M Krug Family Foundation operate?

W & M Krug Family Foundation has awarded grants in Florida, Illinois, Indiana, Michigan, Virginia.

What size grants does W & M Krug Family Foundation award?

In 2024, W & M Krug Family Foundation awarded 9 grants totaling $31K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is W & M Krug Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, W & M Krug Family Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is W & M Krug Family Foundation's EIN?

W & M Krug Family Foundation's EIN (Employer Identification Number) is 46-3829467. IRS Form 990 filing data is available on this page for 2020–2024.

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

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