Wilbert J Austin Professorship of Engineering
Wilbert J Austin Professorship of Engineering is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grants totaling $115K. Net investment income was $43K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-4.8% YoY
Annual Giving
$115K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$115K
+0.0% YoY
Under IRS private-foundation payout rules, Wilbert J Austin Professorship of Engineering reported a distributable amount of $101K for 2024 — the minimum it must pay out in qualifying distributions.
About Wilbert J Austin Professorship of Engineering
Based on IRS filings
Wilbert J Austin Professorship of Engineering is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 1 grants totaling $115K. Net investment income was $43K.
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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 | $1,728,148 | $1,814,695 | $1,822,688 |
| Revenue | $48,932 | $130,522 | $79,204 |
| Expenses | $135,922 | $137,784 | $149,365 |
| Qualifying Distributions | $129,539 | $125,620 | $131,113 |
| Net Investment Income | $43,149 | $119,506 | $65,750 |
| Distributable Amount | $101,408 | $92,450 | $99,176 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Case Western Reserve ($115,326).
| Recipient | Purpose | Amount |
|---|---|---|
| CASE WESTERN RESERVE CLEVELAND, OH | GENERAL SUPPORT | $115,326 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NORTHERN TRUST COMPANY | TRUSTEE | 40 | $17,264 |
Frequently Asked Questions
How large is Wilbert J Austin Professorship of Engineering?
As of 2024, Wilbert J Austin Professorship of Engineering holds $1.7M in total assets with $49K in annual revenue. It awarded 1 grants totaling $115K in 2024.
Where does Wilbert J Austin Professorship of Engineering operate?
Wilbert J Austin Professorship of Engineering has awarded grants in Ohio.
What size grants does Wilbert J Austin Professorship of Engineering award?
In 2024, Wilbert J Austin Professorship of Engineering awarded 1 grants totaling $115K — an average of about $115K per grant, based on its IRS Form 990 filings.
How much is Wilbert J Austin Professorship of Engineering required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Wilbert J Austin Professorship of Engineering reported a distributable amount of $101K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Wilbert J Austin Professorship of Engineering's EIN?
Wilbert J Austin Professorship of Engineering's EIN (Employer Identification Number) is 65-0610678. 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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