Walter S Mander Foundation FY2022 filing

Tax-deductible

Chicago, IL501(c)(3)Foundations & GrantmakersEIN 36-3961599Revenue $776K in FY2022

On file with the IRS525 W Monroe St Ste 2360, 60661-3720 · Chicago, ILTax-exempt since Dec 1994Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

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FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $82K a year · 14% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
8 mo
of spending, in cash
Looks good: 8.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$18K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$776K
+31% vs prior year
Spent
$603K
Net assets
$8.2M
By yearFY2021–FY2025
Revenue
$776K
FY2022▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2021$593K
FY2022$776K
FY2023$315K
FY2024$471K
FY2025$689K
Expenses
$603K
FY2022▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2021$664K
FY2022$603K
FY2023$671K
FY2024$650K
FY2025$667K
Net assets
$8.2M
FY2022▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2021$8.0M
FY2022$8.2M
FY2023$7.8M
FY2024$7.6M
FY2025$7.7M

From the FY2022 Form 990 (year ending March 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 78% · $470K Operating & administrative 22% · $133K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Walter S Mander Foundation executive salaries →

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Programs and updates

A private foundation based in Chicago, IL.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 58 grants · $538K · 2024–2024
ForefrontIL · FY2024$116,393
University of Chicago Law SchoolFY2024$50,000
Northwestern Memorial FoundationFY2024$50,000
Star Farm ChicagoIL · FY2024$20,350
Individual RecipientFY2024$15,000
Individual RecipientFY2024$15,000
Court TheatreFY2024$10,750
University of Illinois SpringfieldFY2024$10,000
Forward Assoc INCNY · FY2024$10,000
Oak Park TempleFY2024$10,000
Northern Illinois UniversityFY2024$10,000
Individual RecipientFY2024$10,000
Individual RecipientFY2024$10,000
Bucknell UniversityPA · FY2024$10,000
Babson CollegeMA · FY2024$10,000
Temple Beth ShalomFY2024$9,858
See all 58 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV23
Average grantPart XV$9K
Median grantPart XV$5K
Largest grantPart XV$116K
Top cause focusNTEEColleges & Universities (9%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$776K
Investment income$776K
Money out
$603K
Grants paid$470K
Running costs$133K
Owns and owes
$8.2M
net assets
Cash and savings$414K
Total assets$8.2M
Liabilities$18K
2In more detail
Revenue in detail
Investment income$776K
Total revenue$776K
Assets in detailEnd of year
Cash and savings together$414K
Total assets$8.2M
Liabilities$18K
Net assets$8.2M
Operations
Fiscal year endsMarch

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $689K$667K$22K$7.7M 990 PDF
FY2024 $471K$650K−$180K$7.6M 990 PDF
FY2023 $315K$671K−$356K$7.8M 990 PDF
FY2022 Viewing $776K$603K$173K$8.2M 990 PDF
FY2021 $593K$664K−$70K$8.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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