Paul M Angell Family Foundation
4140 W Fullerton Ave, Chicago, IL · IRS data through FY2023
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2023 | $54,980,497 | $36,066,630 | $91,760,329 |
| FY2022 | $95,163,756 | $24,254,698 | $72,786,668 |
| FY2021 | $24,997,411 | $25,350,905 | $1,692,723 |
| FY2020 | $24,990,608 | $23,139,650 | $2,046,217 |
| FY2019 | $21,604,954 | $22,768,128 | $195,259 |
| FY2015 | $9,779,410 | $8,904,498 | $1,131,050 |
| FY2014 | $6,109,347 | $6,267,104 | $256,138 |
| FY2013 | $2,596,366 | $2,515,532 | $413,895 |
| FY2012 | $2,000,000 | $1,771,036 | $333,061 |
| FY2011 | $550,000 | $445,902 | $104,097 |
Form 990 filings
The returns filed by Paul M Angell Family Foundation (EIN 27-4818015), including Form 990-PF PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $52,000,250 | 95% |
| Other revenue | $2,980,247 | 5% |
Grants paid
Total contributions, gifts and grants paid by year, as reported on Form 990-PF. Individual recipients are not published. See private foundations in IL. See the largest grantmakers.
| Tax year | Grants paid |
|---|---|
| FY2023 | $34,078,136 |
| FY2022 | $22,878,437 |
| FY2021 | $24,320,050 |
| FY2020 | $22,394,867 |
| FY2019 | $22,026,161 |
| FY2015 | $8,691,742 |
| FY2014 | $6,058,245 |
| FY2013 | $2,411,500 |
| FY2012 | $1,740,800 |
| FY2011 | $417,000 |
What the numbers show
- Contributions & grants made up 95% of total revenue in FY2023.
- Net assets covered about 30.5 months of expenses at the end of the reporting year. That puts it in the 26th percentile among 2703 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IL.
- Total revenue was higher than 99.5% of 2754 Philanthropy, Voluntarism & Grantmaking Foundations organizations in IL.
- Total revenue rose from $550,000 in FY2011 to $54,980,497 in FY2023. Revenue increased in 8 and decreased in 1 of 9 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 10 reported years (FY2014, FY2019, FY2021).
- The highest revenue on record here is $95,163,756 in FY2022.
- Net assets grew from $104,097 to $91,760,329 between FY2011 and FY2023.
- Contributions and grants made up 100% of revenue in FY2011 and 95% in FY2023.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (private foundation).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
IRS status
| Ruling year | 2011 |
| Subsection | 501(c)(3) |
| Classification | Private foundation |
| Program area (NTEE) | T22 — Philanthropy, Voluntarism & Grantmaking Foundations (in IL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (private foundation). |
Similar organizations
- The John and Kathleen Schreiber Foundation — Lake Forest, IL · $59,578,292
- Elks National Foundation Inc — Chicago, IL · $61,768,710
- United Way of Metropolitan Chicago Inc — Chicago, IL · $47,075,947
- Klaff Family Foundation — Chicago, IL · $62,897,228
- Joyce Foundation — Chicago, IL · $63,765,035
- Sunshine Charitable Foundation — Libertyville, IL · $45,616,502
- Caerus Foundation Inc — Northbrook, IL · $44,157,495
- Abbvie Foundation — North Chicago, IL · $41,120,237
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.