Nonprofit · EIN 26-6687616
GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION
Tax-exempt · LAKE FOREST, IL 60045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $465,426 | $430,255 | $35,171 | $5,660,010 | $0 | $5,660,010 |
| December 31, 2024 | 990-PF | $399,527 | $397,583 | $1,944 | $5,624,839 | $0 | $5,624,839 |
| December 31, 2023 | 990-PF | $480,062 | $443,099 | $36,963 | $5,622,895 | $0 | $5,622,895 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $183,152
- Interest
- $2,761
- Net gain from sales of assets
- $277,597
- Other income
- $1,916
Expenses
- Grants and similar amounts paid
- $169,028
- Compensation of officers, directors and key employees
- $24,000
- Salaries, compensation and benefits (total)
- $40,000
- Disbursements for charitable purposes
- $314,036
- Excise tax on investment income
- $5,018
Balance sheet and other
- Total assets, start of year
- $5,624,839
- Total assets, end of year
- $5,660,010
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,660,010
- Fair market value of assets
- $11,279,972
- Qualifying distributions
- $314,036
- Net investment income
- $463,719
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C MARLATT 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | TRUSTEE, DIRECTOR | 30 | $24,000 |
| L ROBERT PASQUESI 585 BANK LANE, LAKE FOREST, IL 60045 | TRUSTEE, DIRECTOR | 1 | $0 |
| MIKE SOSULSKI 555 NORTH SHERIDAN RD, LAKE FOREST, IL 60045 | DIRECTOR | 1 | $0 |
| ALLY BAIN 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | DIRECTOR | 1 | $0 |
| KATHRYN MARLATT 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | TRUSTEE | 25 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C MARLATT 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | TRUSTEE, DIRECTOR | 30 | $24,000 |
| L ROBERT PASQUESI 585 BANK LANE, LAKE FOREST, IL 60045 | TRUSTEE, DIRECTOR | 1 | $0 |
| ROB KREBS 555 NORTH SHERIDAN ROAD, LAKE FOREST, IL 60045 | DIRECTOR | 1 | $0 |
| ALLY BAIN 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | DIRECTOR | 1 | $0 |
| KATHRYN MARLATT 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | TRUSTEE | 25 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM C MARLATT 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | TRUSTEE, DIRECTOR | 30 | $24,000 |
| L ROBERT PASQUESI 585 BANK LANE, LAKE FOREST, IL 60045 | TRUSTEE, DIRECTOR | 1 | $0 |
| JILL M BAREN 555 NORTH SHERIDAN ROAD, LAKE FOREST, IL 60045 | DIRECTOR | 1 | $0 |
| ALLY BAIN 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | DIRECTOR | 1 | $0 |
| KATHRYN MARLATT 207 E WESTMINSTER STE 1, LAKE FOREST, IL 60045 | TRUSTEE | 25 | $0 |
Address and contacts
- Address (IRS master file)
- 585 N BANK LN STE 3000, LAKE FOREST, IL 60045-5308
- In care of
- % L ROBERT PASQUESI TTEE
- Signed the 990-PF
- L ROBERT PASQUESI, TRUSTEE
- Phone
- (847) 234-5000
- Return prepared by
- PASQUESI SHEPPARD LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 26-6687616
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $5,660,010
- Income (IRS master file)
- $1,708,093
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $465,426 | $430,255 | $5,660,010 | XML |
| 990-PF | December 2024 | $399,527 | $397,583 | $5,624,839 | IRS |
| 990-PF | December 2023 | $480,062 | $443,099 | $5,622,895 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-6687616).
Questions about GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION
- What is the EIN of GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION is 26-6687616.
- Is GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $24,000 (WILLIAM C MARLATT, TRUSTEE, DIRECTOR).
- How much revenue does GRACE ELIZABETH GRONER SCHOLARSHIP FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $465,426, expenses of $430,255 and total assets of $5,660,010 at year end.
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