Vail Family Foundation

Chicago, IL
Tax-exempt since June 1986
EIN: 36-3441436

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$152k (2024)

Expenses

$99.5k (2024)

Total Assets

$1.85M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$152,175

Expenses

$99,496

Net Income

$52,679

Net Assets

$1,853,926

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$300	0.2%
Interest Revenue	$2,461	1.6%
Dividends	$61,203	40.2%
Sales of Assets	$88,211	58.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,174	76.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,853,926
Total Liabilities	$0
Net Assets	$1,853,926

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Vp, Treas, Sec, Director)	$0	$0
John F Vail (Exe Vp, Asst Treas, Director)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on May 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$67,720

Expenses

$60,900

Net Income

$6,820

Net Assets

$1,801,244

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,600	8.3%
Interest Revenue	$3,616	5.3%
Dividends	$57,609	85.1%
Sales of Assets	$895	1.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$54,419	89.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,801,244
Total Liabilities	$0
Net Assets	$1,801,244

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Vp, Treas, Sec, Director)	$0	$0
John F Vail (Exe Vp, Asst Treas, Director)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on May 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$51,689

Expenses

$63,791

Net Income

-$12,102

Net Assets

$1,794,765

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,150	2.2%
Dividends	$47,795	92.5%
Sales of Assets	$2,744	5.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$62,330	97.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,794,765
Total Liabilities	$0
Net Assets	$1,794,765

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Vp, Treas, Sec, Director)	$0	$0
John F Vail (Exe Vp, Asst Treas, Director)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on June 29, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$65,557

Expenses

$74,215

Net Income

-$8,658

Net Assets

$1,806,307

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$138	0.2%
Dividends	$47,131	71.9%
Sales of Assets	$15,549	23.7%
Other Income	$2,739	4.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$70,381	94.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,806,307
Total Liabilities	$0
Net Assets	$1,806,307

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Vp, Treas, Sec, Director)	$0	$0
John F Vail (Exe Vp, Asst Treas, Director)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on May 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$50,591

Expenses

$89,046

Net Income

-$38,455

Net Assets

$1,815,408

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$433	0.9%
Dividends	$43,764	86.5%
Sales of Assets	$3,008	5.9%
Other Income	$3,386	6.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$85,035	95.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,815,409
Total Liabilities	$1
Net Assets	$1,815,408

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Vp, Treas, Sec, Director)	$0	$0
John F Vail (Exe Vp, Asst Treas, Director)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on May 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$65,505

Expenses

$129,649

Net Income

-$64,144

Net Assets

$1,853,863

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$61,709	94.2%
Sales of Assets	$3,796	5.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$120,836	93.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,853,864
Total Liabilities	$1
Net Assets	$1,853,863

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Vp, Treas, Sec, Director)	$0	$0
John F Vail (Exe Vp, Asst Treas, Director)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on June 29, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$248,618

Expenses

$154,994

Net Income

$93,624

Net Assets

$1,918,008

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$57,283	23.0%
Sales of Assets	$191,335	77.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$135,730	87.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,918,008
Total Liabilities	$0
Net Assets	$1,918,008

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Vp, Treas, Sec, Director)	$0	$0
John F Vail (Exe Vp, Asst Treas, Director)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on May 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$132,992

Expenses

$142,666

Net Income

-$9,674

Net Assets

$1,821,923

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$57,715	43.4%
Sales of Assets	$75,277	56.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$123,518	86.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,821,923
Total Liabilities	$0
Net Assets	$1,821,923

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Exe Vp, Asst Treas, Director)	$0	$0
John F Vail (Vp, Treas, Asst Sec, Director)	$0	$0
Robert J Vechiola (Secretary)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on May 14, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$117,432

Expenses

$176,378

Net Income

-$58,946

Net Assets

$1,831,705

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$56,780	48.4%
Sales of Assets	$60,652	51.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$157,453	89.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,831,705
Total Liabilities	$0
Net Assets	$1,831,705

Compensation

Key Employees and Officers	Compensation	Other
Margaret C Vail (President, Director)	$0	$0
James D Vail Iv (Exe Vp, Asst Treas, Director)	$0	$0
John F Vail (Vp, Treas, Asst Sec, Director)	$0	$0
Robert J Vechiola (Secretary)	$0	$0
James D Vail V (Vice President, Director)	$0	$0

+ View more people

990-PF

Filed on May 12, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$106,851

Expenses

$187,874

Net Income

-$81,023

Net Assets

$1,891,909

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$54,429	50.9%
Sales of Assets	$52,422	49.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$168,933	89.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,891,909
Total Liabilities	$0
Net Assets	$1,891,909

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$82,609

Expenses

$190,742

Net Income

-$108,133

Net Assets

$1,971,900

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$60,829	73.6%
Sales of Assets	$35,534	43.0%
Other Income	-$13,754

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$168,864	88.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,971,900
Total Liabilities	$0
Net Assets	$1,971,900

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$117,933

Expenses

$186,224

Net Income

-$68,291

Net Assets

$2,080,247

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4	0.0%
Dividends	$58,781	49.8%
Sales of Assets	$62,005	52.6%
Other Income	-$2,857

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$164,721	88.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,080,247
Total Liabilities	$0
Net Assets	$2,080,247

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$109,819

Expenses

$176,768

Net Income

-$66,949

Net Assets

$2,148,268

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$62	0.1%
Dividends	$68,462	62.3%
Sales of Assets	$39,305	35.8%
Other Income	$1,990	1.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$156,203	88.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,148,268
Total Liabilities	$0
Net Assets	$2,148,268

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

-$348

Expenses

$168,564

Net Income

-$168,912

Net Assets

$2,215,241

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$75
Dividends	$80,208
Sales of Assets	$0
Other Income	-$6,972

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$153,199	90.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,215,241
Total Liabilities	$0
Net Assets	$2,215,241

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated June 30, 2025

Vail Family Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $152k (2024)

Expenses $99.5k (2024)

Total Assets $1.85M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Revenue

$152k (2024)

Expenses

$99.5k (2024)

Total Assets

$1.85M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001