William H Miner Foundation

Analysis

William H Miner Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1950, 76 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, William H Miner Foundation reported income of $5.0m and spending of $8.1m, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.3m to $5.0m (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, William H Miner Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Case Alumni Foundation ($5.0m), United Way of Racine County Inc ($5.0m) and Oak Park-River Forest Community Foundation ($5.0m).

Compensation of current officers, directors and key employees was $110k (1.4% of expenses). At year end it held assets of $129.5m against liabilities of $0, net assets of $129.5m.