Kronlund Foundation Charitable Trust

Tax-deductible

Chicago, IL501(c)(3)EIN 38-2117538Revenue $160K in FY2025

On file with the IRS10 S Dearborn Il1-0111, 60603-2300 · Chicago, ILTax-exempt since Aug 1976Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$32K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2025 · 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
4 of 6
filings with a surplus
Average surplus $182K a year · 65% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$32K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
990-PF Pt VIII
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% 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
$160K
-17% vs prior year
Spent
$119K
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$160K
FY2025▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$159K
FY2022$53K
FY2023$84K
FY2024$193K
FY2025$160K
Expenses
$119K
FY2025▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$64K
FY2021$77K
FY2022$112K
FY2023$104K
FY2024$106K
FY2025$119K
Net assets
$1.6M
FY2025▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$1.5M
FY2022$1.5M
FY2023$1.4M
FY2024$1.5M
FY2025$1.6M

From the FY2025 Form 990 · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1976.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 68% · $81K Operating & administrative 32% · $37K

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

2 people listed on the 990-PF; $32K paid to officers and key staff.

Part VII, Section A · reportable compensation
$31,945Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023
Jp Morgan Chase Bank NA$31,945$30,136$28,033

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Kronlund Foundation Charitable Trust executive salaries →

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Programs and updates

A private foundation based in Chicago, IL.

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 · 18 grants · $81K · 2025–2025
New Day Foundation for FamiliesFY2025$7,500
Walking in the Spirit of ExcellenceFY2025$6,000
Children's Center of Wayne County INCFY2025$5,000
Literature Circle SocietyFY2025$5,000
Beds 4 KidsFY2025$5,000
Franklin Avenue MissionFY2025$5,000
University of Detroit Jesuit High SchoolFY2025$5,000
Jewish Family Service OfmetropolitanFY2025$5,000
The ShulFY2025$5,000
Individual RecipientFY2025$4,685
Art Creates US INC DBA Project ArtFY2025$4,500
Camp Kesem NationalFY2025$3,500
Islamic Center of Detroit INCFY2025$3,500
Individual RecipientFY2025$3,500
Calvin UniversityFY2025$3,500
Iccf Community HomesFY2025$3,500
Our Neighborhood AcademyFY2025$3,000
Disability Connections INCFY2025$3,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$5K
Median grantPart XV$5K
Largest grantPart XV$8K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$160K
Investment income$160K
Money out
$119K
Grants paid$81K
Running costs$37K
Owns and owes
$1.6M
net assets
Cash and savings$74K
Total assets$1.6M
Liabilities$0
People
2
listed
Paid1
2In more detail
Revenue in detail
Investment income$160K
Total revenue$160K
Assets in detailEnd of year
Cash and savings together$74K
Total assets$1.6M
Liabilities$0
Net assets$1.6M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $160K$119K$41K$1.6M 990 PDF
FY2024 $193K$106K$87K$1.5M 990 PDF
FY2023 $84K$104K−$21K$1.4M 990 PDF
FY2022 $53K$112K−$59K$1.5M 990 PDF
FY2021 $159K$77K$82K$1.5M 990 PDF
FY2020 $1.0M$64K$961K$1.4M 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) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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