Walter and Karla Goldschmidt Foundation
The Walter and Karla Goldschmidt Foundation is a private foundation headquartered in Glencoe, Illinois. Established in January 1975, it operates as a 501(c)(3) tax-exempt organization and is one of the largest foundations by total giving in the Glencoe area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.5M
+8.0% YoY
Annual Giving
$2.8M
+9.0% YoY
Grant Count
114
-9.5% YoY
Avg Grant Size
$25K
+20.5% YoY
Mission & Focus Areas
The foundation's grant-making focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts, Culture & Humanities
- Food, Agriculture & Nutrition
- Management & Technical Assistance
Grantmaking
The foundation maintains an active grantmaking program across multiple focus areas and geographic regions.
Ready to take the next step with Walter and Karla Goldschmidt Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Illinois
- District of Columbia
- California
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $35,499,283 (2024)
Total Giving: $2,817,975 (2024)
Total Revenue: $5.8 million (2024)
Total Expenses: $3.18 million (2024)
Total Liabilities: $0 (2024)
Tax-Exempt Status: Since January 1975
EIN: 23-7410867
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,499,283 | $32,875,796 | $32,727,330 |
| Revenue | $5,798,694 | $3,055,593 | $-1,412,447 |
| Expenses | $3,175,207 | $2,907,127 | $3,282,503 |
| Qualifying Distributions | $2,829,762 | $2,597,920 | $2,699,686 |
| Net Investment Income | $5,466,431 | $2,746,939 | $39,819 |
| Distributable Amount | $1,838,716 | $1,704,769 | $1,804,901 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN GOLDSCHMIDT | PRESIDENT | 30 | — |
| SUSAN GOLDSCHMIDT | SECRETARY | — | — |
| SUSAN GOLDSCHMIDT | DIRECTOR | — | — |
| MILES TAUB | VICE PRESIDENT | 40 | — |
| MILES TAUB | DIRECTOR | — | — |
| MILES TAUB | TREASURER | — | — |
| JAMES GOLDSCHMIDT | DIRECTOR | — | — |
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
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
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Walter and Karla Goldschmidt 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