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Nonprofit · EIN 36-6084839

FRED B SNITE FOUNDATION

Tax-exempt · LAKE FOREST, IL 60045

Financials

$328K$1.2M2023$785K$1.5M2024
Revenue Expenses · by fiscal year end
Financials of FRED B SNITE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-PF$784,941$1,502,550-$717,609$15,052,148$0$15,052,148
June 30, 2024990-PF$327,554$1,219,969-$892,415$15,360,277$0$15,360,277
Financial details: 990-PF for the year ended June 30, 2025

Revenue

Dividends
$396,320
Interest
$11,653
Net gain from sales of assets
$403,547
Other income
-$26,579

Expenses

Grants and similar amounts paid
$1,122,807
Compensation of officers, directors and key employees
$39,800
Disbursements for charitable purposes
$1,365,640
Excise tax on investment income
$7,697

Balance sheet and other

Total assets, start of year
$15,360,277
Total assets, end of year
$15,052,148
Total liabilities, end of year
$0
Net assets, end of year
$15,052,148
Fair market value of assets
$21,895,345
Qualifying distributions
$1,365,640
Net investment income
$682,432

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARGARET SACKLEY
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
PRESIDENT5$19,900
PATRICIA NAHIGIAN
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
SECRETARY5$19,900
KATHERINE B MISZKLEVITZ
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
VICE PRESIDENT0$0
THERESA RASSAS
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
VICE PRESIDENT0$0
PATRICK SACKLEY
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
VICE PRESIDENT0$0
LANCE WILLIAMS
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
VICE PRESIDENT0$0
LT COLONEL SEAN RASSAS
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
VICE PRESIDENT0$0
REESE MARCUSSON
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045
TREASURER5$0
990-PF for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
MARGARET SACKLEY
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
PRESIDENT5$19,900
PATRICK SACKLEY
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
VICE PRESIDENT0$19,900
KATHERINE B MISZKLEVITZ
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
VICE PRESIDENT0$0
THERESA RASSAS
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
VICE PRESIDENT0$0
LANCE WILLIAMS
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
VICE PRESIDENT0$0
PATRICIA NAHIGIAN
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
SECRETARY5$0
LT COLONEL SEAN RASSAS
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
VICE PRESIDENT0$0
REESE MARCUSSON
2516 WAUKEGAN ROAD 388, GLENVIEW, IL 60025
TREASURER5$0

Address and contacts

Address (IRS master file)
736 N WESTERN AVENUE SUITE 394, LAKE FOREST, IL 60045-1820
Signed the 990-PF
MARGARET SACKLEY, PRESIDENT
Phone
(847) 902-9880
Return prepared by
WEISS & COMPANY 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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-PF on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
36-6084839
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
1947
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$15,052,148
Income (IRS master file)
$920,851

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2025$784,941$1,502,550$15,052,148XML
990-TJune 2025–––IRS
990-PFJune 2024$327,554$1,219,969$15,360,277XML
990-TJune 2024–––IRS
990-PFJune 2023–––IRS
990-TJune 2023–––IRS
990-PFJune 2022–––IRS
990-TJune 2022–––IRS
990-PFJune 2021–––IRS
990-TJune 2021–––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 36-6084839).

Questions about FRED B SNITE FOUNDATION

What is the EIN of FRED B SNITE FOUNDATION?
The employer identification number (EIN) of FRED B SNITE FOUNDATION is 36-6084839.
Is FRED B SNITE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
Are donations to FRED B SNITE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FRED B SNITE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of FRED B SNITE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRED B SNITE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2025.
Who are the officers and directors of FRED B SNITE FOUNDATION?
The 990-PF for the year ended June 30, 2025 lists 8 people; 2 received compensation from the organization, the highest $19,900 (MARGARET SACKLEY, PRESIDENT).
How much revenue does FRED B SNITE FOUNDATION have?
On its 990-PF for the year ended June 30, 2025 it reported revenue of $784,941, expenses of $1,502,550 and total assets of $15,052,148 at year end.

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