The Timothy and Susanne Sullivan Family

EIN 203367664 Private Foundation

Lake Success, NY 11042 |(800) 839-1754

Total Given 2016–2021
$724K
14 grants · $121K avg/year
based on 6 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$50K
typical mid grants · $25K–$72K
grant size
0%
transactional · single-year
repeat
$931K
Assets (2023)
14
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2019, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $802,500. This amount represents 25% or more of the Foundation's net assets of $1,878,368 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2019. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Health Science & Research

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $158K $821K $229K 5
2017 N/A $1.0M $10K N/A
2018 $130K $1.9M $1.2M 2
2019 N/A $1.2M $21K N/A
2020 $285K $974K $9K 5
2021 $150K $928K $9K 2
2022 N/A $829K $13K N/A
2023 N/A $931K $145K N/A

Grant Size Distribution

Based on 14 grants on record

Minimum
$4K
25th Pctl
$25K
Median
$50K
Average
$52K
75th Pctl
$72K
Maximum
$150K

Geographic Distribution

Officers & Directors

Grants Awarded (14 total)

Purpose
Americas Charities Chantilly, VA $150,000 General & Unrestricted 2020
Empower Illinois Chicago, IL $100,000 Tax Credit Scholarship Program 2021
Rehabilitation Institute of Chicago Chicago, IL $100,000 General & Unrestricted 2016
United States Naval Academy Foundation Inc Annapolis, MD $80,000 Ryan Cyber Center Project 2018
University of Chicago Medical Center Chicago, IL $50,000 Dr. Rubin on crohn's disease RESEARCH 2018
Big Shoulders Fund Chicago, IL $50,000 COVID Response Fund 2020
Catholic Charities of the Archdiocese of Chicago Chicago, IL $50,000 COVID Response Fund 2020
Northwestern Memorial Healthcare-Northwestern Memo Chicago, IL $50,000 Digestive Health Foundation on GI research 2021
Wings Program Inc Palatine, IL $25,000 General & Unrestricted 2020
Cristo Rey Jesuit High School Chicago, IL $25,000 General & Unrestricted 2016
The Stanford Fund of Stanford University Stanford, CA $25,000 General & Unrestricted 2016
Josephinum Academy Chicago, IL $10,000 Charitable Event 2020
Boys Hope Girls Hope Wilmette, IL $5,000 General & Unrestricted 2016
Gift of Adoption Fund Inc Techny, IL $3,500 General & Unrestricted 2016

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