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.
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Welfare and Development Elmhurst, IL | Health & Welfare | $6,000 |
| Glen Oaks Hospital Foundation Glendale Heights, IL | Medical | $250 |
| Harry Chapin Food Bank Fort Myers, FL | Hunger & Welfare | $1,000 |
| Misericordia Chicago, IL | Homelessness | $1,000 |
| San Miguel School Chicago, IL | Educational Scholarship | $15,000 |
| Sarah's Circle Chicago, IL | Homelessness | $5,000 |
| St John of the Cross Church Western Springs, IL | Religous | $100 |
| St John the Evangelist Church Naples, FL | Religous | $1,500 |
| St Matthews House Inc Naples, FL | Health & Welfare | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| William J Krug | President | 1 | — |
| Marta R Krug | Treasurer | 1 | — |
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.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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