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The Grossinger Foundation EIN 36-6108185 Form 990 (PDF) Claim this org

The Grossinger Foundation

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A private foundation based in Chicago, IL. It reported about $261K in revenue for 2024. For fiscal year 2025 it reported $261K in revenue, $200K in expenses, and $3.2M in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Chicago, IL
Filings
6 on file (2020–2025)
Revenue
$261KFY2025
Expenses
$200K
Net assets
$3.2M
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  36-6108185 Private foundation / grantmaker Chicago, IL
Form 990 (PDF)
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Size
$100K–1M
What they do
A private foundation based in Chicago, IL. It reported about $261K in revenue for 2024.
Leadership
Caroline Grossinger · President
Money in and out
$261K revenue, $200K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$261K
Pt VIII · Ln 12
Total expenses
$200K
Pt IX · Ln 25
Net assets
$3.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $61K
Total assets
3.2M
deployed as grants and operations
Grants paid
186K
in FY2025
Grants made
19grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 19 grants · $186K · 2024–2024
Jewish United Fund of Metropolitan ChicagoFY2024$80,000
The Chicago LighthouseFY2024$15,000
Boys & Girls Clubs of Chicago INCIL · FY2024$15,000
Ravinia Festival AssociationIL · FY2024$10,000
Institute of Soil and SoulIL · FY2024$10,000
Harvard Kennedy SchoolFY2024$10,000
The Lyon Family FoundationIL · FY2024$7,500
The Multiple Myeloma Research Foundation INCFY2024$6,044
Congregation Ohev ShalomFY2024$5,026
Mod CollectiveIL · FY2024$5,000
Jewish National Fund - Keren Kayemeth Leisrael - INCFY2024$5,000
Friends of the Israel Defense ForcesNY · FY2024$5,000
Jewish Family Services of Greater Orlando INCFY2024$3,000
White Stork - United States LtdIL · FY2024$2,581
For Autistic Kids FoundationIL · FY2024$2,500
Pink Squirrels Critter Rescue INCFY2024$2,000
Shriners Hospitals for ChildrenFL · FY2024$1,250
University of ChicagoIL · FY2024$500
See all 19 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV10
Average grantPart XV$10K
Median grantPart XV$5K
Largest grantPart XV$80K
Top cause focusNTEEFoundations & Grantmakers (11%)

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$261K
FY2025▲ +93%
Expenses
$200K
FY2025▼ -0.9%
Total assets
$3.2M
FY2025▲ +2%
Total liabilities
$15K
FY2025▲ +112%
Total revenue
$261K
Pt VIII · Ln 12
Total expenses
$200K
Pt IX · Ln 25
Net assets
$3.2M
Pt X · Ln 32
Total assetsPt II$3.2M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Grossinger Foundation
EINHdr · item D36-6108185
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1963

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Gary Grossinger
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
See The Grossinger Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$261K
Total revenueLn 12$261K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.93 Operating & administrative $0.07
Grants & contributions paid93%$186K
Operating & administrative7%$14K
Total functional expensesLn 25$200K

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$3.2M
Total liabilitiesLn 26$15K
Total net assetsLn 32$3.2M
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $3.2M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $261K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $261K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $261K · Prior year $135K
+93%
Revenue CAGR
FY2019 $40K · FY2024 $261K
+46%
Net-asset trend (YoY)
End of year $3.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $261K · Expenses $200K
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $3.2M
—
Net-asset ratio
Net assets $3.2M · Total assets $3.2M
100%
People & payroll
Highest Reported Total Compensation
Individual Caroline Grossinger · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $200K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 93%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$261K revenue · viewing · ⤓ 990 PDF
FY2024$135K revenue · ⤓ 990 PDF
FY2023$130K revenue · ⤓ 990 PDF
FY2022$242K revenue · ⤓ 990 PDF
FY2021$212K revenue · ⤓ 990 PDF
FY2020$40K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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