M a & G. A. Ackerman Memorial Fund
EIN 366039158 Private FoundationTotal Given 2020–2024
$6.3M
66 grants · $1.3M avg/year
based on 5 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$38K
typical mid grants · $22K–$50K
grant size
55%
supporter · 23/42 multi-year
repeat
$31.4M
Assets (2024)
42
Distinct Recipients
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
GEORGE THORN BANK OF AMERICA
Phone
(888) 866-3275
Deadlines
N/A
How to Apply
PROPOSAL; NO FORMAL APPLICATION REQUIRED.
Restrictions
LIMITED TO CITY OF CHICAGO. AFFILIATION WITH THE CATHOLIC CHURCH AND PROTESTANT CHURCH IS REQUIRED.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $1.2M | $30.6M | $2.0M | 1 |
| 2021 | $1.2M | $33.5M | $5.8M | 1 |
| 2022 | $1.4M | $26.2M | $-591K | 1 |
| 2023 | $1.3M | $29.0M | $721K | 28 |
| 2024 | $1.2M | $31.4M | $2.8M | 35 |
Grant Size Distribution
Based on 66 grants on record
Minimum
$5K
25th Pctl
$22K
Median
$38K
Average
$95K
75th Pctl
$50K
Maximum
$1.4M
Geographic Distribution
Officers & Directors
BA
Bank of America
4 yrs
Trustee
BA
Bank of America
4 yrs
Trustee
BA
Bank of America
4 yrs
Trustee
BA
Bank of America
4 yrs
Trustee
BA
Bank of America N a
Trustee
Grants Awarded (66 total)
| Purpose | ||||
|---|---|---|---|---|
| See Attached Statement | Providence, RI | $1,385,000 | UNRESTRICTED GENERAL | 2022 |
| See Attached Statement | Providence, RI | $1,200,000 | UNRESTRICTED GENERAL | 2021 |
| See Attached Statement | Providence, RI | $1,160,000 | UNRESTRICTED GENERAL | 2020 |
| Lutheran Social Services of Illinois | DES Plaines, IL | $115,000 | UNRESTRICTED GENERAL | 2023 |
| Good Shepherd Services | New York, NY | $100,000 | UNRESTRICTED GENERAL | 2023 |
| Good Shepherd Services | New York, NY | $100,000 | UNRESTRICTED GENERAL | 2024 |
| Lutheran Social Services of Illinois | DES Plaines, IL | $100,000 | UNRESTRICTED GENERAL | 2024 |
| Cathedral Church of St John the Divine | New York, NY | $80,000 | UNRESTRICTED GENERAL | 2023 |
| Cathedral Church of St John the Divine | New York, NY | $80,000 | UNRESTRICTED GENERAL | 2024 |
| Alexian Brother Bonaventure House | Saint Louis, MO | $75,000 | UNRESTRICTED GENERAL | 2023 |
| St Anthony Hospital | Chicago, IL | $70,000 | UNRESTRICTED GENERAL | 2023 |
| Bishop Anderson Foundation | Chicago, IL | $70,000 | UNRESTRICTED GENERAL | 2023 |
| Bishop Anderson Foundation | Chicago, IL | $70,000 | UNRESTRICTED GENERAL | 2024 |
| Lawndale Christian Health Center | Chicago, IL | $60,000 | UNRESTRICTED GENERAL | 2023 |
| New York Foundling Hospital | New York, NY | $60,000 | UNRESTRICTED GENERAL | 2024 |
| New York Foundling Hospital | New York, NY | $50,000 | UNRESTRICTED GENERAL | 2023 |
| Lutheran Social Service of Metro | Brooklyn, NY | $50,000 | UNRESTRICTED GENERAL | 2023 |
| Little Sisters of the Poor | Chicago, IL | $50,000 | UNRESTRICTED GENERAL | 2023 |
| Archcare Community Services Inc | New York, NY | $50,000 | UNRESTRICTED GENERAL | 2023 |
| St Francis Hospital Foundation | Roslyn, NY | $50,000 | UNRESTRICTED GENERAL | 2024 |
| Cabrini Immigrant Services NYC | New York, NY | $50,000 | UNRESTRICTED GENERAL | 2024 |
| St Anthony Hospital | Chicago, IL | $49,000 | UNRESTRICTED GENERAL | 2024 |
| Lawndale Christian Health Center | Chicago, IL | $47,000 | UNRESTRICTED GENERAL | 2024 |
| Cristo REY NY High School | New York, NY | $45,000 | UNRESTRICTED GENERAL | 2023 |
| Holy Family Ministries | Northbrook, IL | $45,000 | UNRESTRICTED GENERAL | 2023 |
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