Nonprofit · EIN 47-2391923
L&W CHARITABLE FOUNDATION
Tax-exempt · LONG GROVE, IL 60047
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $2,190,382 | $1,205,209 | $985,173 | $4,093,233 | $0 | $4,093,233 |
| December 31, 2024 | 990-PF | $103,021 | $452,975 | -$349,954 | $3,109,867 | $0 | $3,109,867 |
| December 31, 2023 | 990-PF | $67,637 | $548,232 | -$480,595 | $3,470,193 | $0 | $3,470,193 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,000,000
- Dividends
- $119,952
- Interest
- $10,473
- Net gain from sales of assets
- $59,957
Expenses
- Grants and similar amounts paid
- $1,184,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,184,000
- Excise tax on investment income
- $2,363
Balance sheet and other
- Total assets, start of year
- $3,109,867
- Total assets, end of year
- $4,093,233
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,093,233
- Fair market value of assets
- $4,653,281
- Qualifying distributions
- $1,184,000
- Net investment income
- $190,382
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 |
|---|---|---|---|
| KAREN VACKO C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | PRESIDENT | 0 | $0 |
| JESSICA W OLSSON C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | VICE-PRESIDENT/DIRECTOR | 0 | $0 |
| MELISSA WANG C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | SECRETARY/TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN VACKO C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | PRESIDENT | 0 | $0 |
| JESSICA W OLSSON C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | VICE-PRESIDENT/DIRECTOR | 0 | $0 |
| MELISSA WANG C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | SECRETARY/TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN NUSTRA C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | PRESIDENT | 0 | $0 |
| KAREN VACKO C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | VICE-PRESIDENT | 0 | $0 |
| JESSICA OLSSON C/O MAT HOLDINGS INC 6700 WILDLIFE, WAY, LONG GROVE, IL 60047 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 6700 WILDLIFE WAY, LONG GROVE, IL 60047-5319
- In care of
- % SUSAN NUSTRA
- Signed the 990-PF
- JESSICA OLSSON, VICE PRESIDENT
- Phone
- (847) 383-8584
- Return prepared by
- PWC US TAX LLP
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
- 47-2391923
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $4,093,233
- Income (IRS master file)
- $2,806,531
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $2,190,382 | $1,205,209 | $4,093,233 | IRS |
| 990-PF | December 2024 | $103,021 | $452,975 | $3,109,867 | IRS |
| 990-PF | December 2023 | $67,637 | $548,232 | $3,470,193 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | 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 47-2391923).
Questions about L&W CHARITABLE FOUNDATION
- What is the EIN of L&W CHARITABLE FOUNDATION?
- The employer identification number (EIN) of L&W CHARITABLE FOUNDATION is 47-2391923.
- Is L&W CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Which annual return does L&W CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of L&W CHARITABLE 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 L&W CHARITABLE 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 L&W CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does L&W CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $2,190,382, expenses of $1,205,209 and total assets of $4,093,233 at year end.
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