Norris & Margaret Aldeen Foundation

EIN 364124505

Rockford, IL 61114 |(815) 231-7300

Total Given 2016–2024
$1.2M
7 grants · $134K avg/year
based on 9 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$55K
typical mid grants · $26K–$288K
grant size
25%
balanced · 1/4 multi-year
repeat
$589K
Assets (2023)
4
Distinct Recipients

About

THE FOUNDATION FILED ARTICLES OF DISSOLUTION ON 11/29/2024 BY WRITTEN CONSENT OF ALL DIRECTORS. ALL REMAINING CASH (INCLUDING THE CURRENT YEAR TAX REFUND) WILL BE DISTRIBUTED TO THE FIDELITY CHARITABLE DAF ACCOUNT.

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (815) 231-7300

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $28K $904K $60K 1
2017 $55K $986K $98K 1
2018 $30K $867K $84K 2
2020 N/A $1.1M $-19K N/A
2021 N/A $1.3M $165K N/A
2022 N/A $1.0M $45K N/A
2023 $500K $589K $64K 1
2024 $595K $0 $14K 2

Grant Size Distribution

Based on 7 grants on record

Minimum
$5K
25th Pctl
$26K
Median
$55K
Average
$173K
75th Pctl
$288K
Maximum
$519K

Geographic Distribution

US Grant Distribution Map

Officers & Directors

WA
William N Aldeen 8+ yrs
President Leadership
JT
James Thiede 8+ yrs
Trustee
PF
Phil Frankfort 8+ yrs
Trustee
TG
Timothy Gaffney 8+ yrs
Trustee
LF
Leslie Frankfort 8+ yrs
Trustee/Exdi

Grants Awarded (7 total)

Purpose
Rockford Park District Foundation Rockford, IL $518,602 GENERAL 2024
Rockford Park District Foundation Rockford, IL $500,000 GENERAL 2023
Fidelity Charitable Daf Boston, MA $76,295 GENERAL 2024
Rockford Park District Foundation Rockford, IL $55,000 GENERAL 2017
Rockford Park District Foundation Rockford, IL $27,900 GENERAL 2016
Iwga Galesburg, IL $25,000 GENERAL 2018
United Way of Rockford Valley Rockford, IL $5,000 GENERAL 2018