L & W Charitable Foundation
Preselected recipients only
L & W Charitable Foundation is a private foundation in Long Grove, Illinois. In tax year 2025 it gave $1.2 million in 9 grants; the typical grant was $60,000 and the largest $600,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$1.2 million
- Number of grants9
- Typical grant$60,000
- Largest grant$600,000
- Assets$4.7 million
- New grantees44%
Giving in 2025 was up from $429,000 the year before.
44% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $526,000 | 6 | $3.5 million |
| 2024 | $429,000 | 7 | $3.4 million |
| 2025 | $1.2 million | 9 | $4.7 million |
How to apply
L & W Charitable Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What L & W Charitable Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 5 | $1.0 million |
| Florida | 3 | $80,000 |
| Missouri | 1 | $60,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Camp Matzvic Inc | To further the mission of the donee. | $600,000 |
| QRBC | To further the mission of the donee. | $270,000 |
| Asian Campus Church | To further the mission of the donee. | $85,000 |
| Dayspring Bible College & Seminary | To further the mission of the donee. | $80,000 |
| Dayspring Bapist Church | To further the mission of the donee. | $60,000 |
| Plantation Baptist Church | To further the mission of the donee. | $50,000 |
| Crossroads Bapist Church | To further the mission of the donee. | $20,000 |
| Pioneers | To further the mission of the donee. | $10,000 |
| Ministry Developers Network | To further the mission of the donee. | $9,000 |
Officers and trustees
- Karen Vacko
- Jessica W Olsson
- Melissa Wang
Questions people ask
Does L & W Charitable Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does L & W Charitable Foundation give?
$1.2 million in tax year 2025, across 9 grants, with a typical grant of $60,000.
Who runs L & W Charitable Foundation?
Its 2025 filing lists Karen Vacko (President), Jessica W Olsson (Vice-President/Director) and Melissa Wang (Secretary/Treasurer).
What does L & W Charitable Foundation fund?
Based on its grants, mainly faith communities.