The Kathleen B and Charles R Walgreen III Foundation
Preselected recipients only
The Kathleen B and Charles R Walgreen III Foundation is a private foundation in Frankfort, Illinois. In tax year 2025 it gave $681,850 in 1 grant; the typical grant was $681,850 and the largest $681,850. 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$681,850
- Number of grants1
- Typical grant$681,850
- Largest grant$681,850
- Assets$1.5 million
- New grantees0%
Giving in 2025 was down from $749,573 the year before.
0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $304,135 | 1 | $2.4 million |
| 2024 | $749,573 | 1 | $1.8 million |
| 2025 | $681,850 | 1 | $1.5 million |
How to apply
The Kathleen B and Charles R Walgreen III 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.
Where it gives
All of its grants went to recipients in Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 1 | $681,850 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| See Statement Attached | See statement attached | $681,850 |
Officers and trustees
- Kathleen B Walgreen
- Edward H King
- Patricia Damisch
- Tad Walgreen
Questions people ask
Does The Kathleen B and Charles R Walgreen III Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Kathleen B and Charles R Walgreen III Foundation give?
$681,850 in tax year 2025, across 1 grant, with a typical grant of $681,850.
Who runs The Kathleen B and Charles R Walgreen III Foundation?
Its 2025 filing lists Kathleen B Walgreen (President - Part Time), Edward H King (Secretary- Part Time), Patricia Damisch (Treasurer-Part Time) and Tad Walgreen (Trustee-Part Time).