A Private Foundation located in CHICAGO, IL



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

Z

2022 Tax Year

About this Private Foundation: 377312


This private foundation, located in Chicago, provides grants for general support across various initiatives, including entrepreneurship clinics, graduate fellowships, and writing programs. It focuses on philanthropy, voluntarism, and grantmaking, with an emphasis on enhancing educational and research opportunities. The foundation also supports innovation in curriculum development and research funding. Through its grantmaking activities, it aims to foster creativity, entrepreneurship, and academic excellence, ultimately contributing to the advancement of its focus areas and the communities it serves.

Foundation Profile


In the realm of philanthropic support, one foundation stands out for its unwavering commitment to fostering innovation and entrepreneurship, particularly within the vibrant city of Chicago. With total assets amounting to $244.8 million in the tax year 2023, this foundation has dedicated itself to enhancing educational and cultural initiatives through strategic grantmaking. In this fiscal year alone, it has allocated $26.9 million in grants, reflecting its robust dedication to empowering communities and advancing knowledge. The foundation's mission centers on providing general support to various initiatives that align with its funding priorities, including entrepreneurship clinics, graduate fellowships, and innovative curriculum development. By focusing on educational institutions and organizations, it aims to inspire future leaders and cultivate a thriving ecosystem of creativity and entrepreneurship. Notably, grants have been awarded to esteemed local entities, further solidifying its commitment to the Chicago community. Eligibility for funding is designed to encompass a wide range of organizations that align with the foundation's vision of philanthropy, voluntarism, and grantmaking. This inclusivity encourages diverse applicants to seek support for projects that can spark meaningful change and contribute to the broader societal good. Among the top grants awarded in 2023 were significant contributions to prestigious local universities and cultural institutions, underscoring the foundation's belief in the transformative power of education and the arts. By investing in programs that promote research, artistic expression, and entrepreneurial ventures, the foundation seeks to create lasting impact. For organizations dedicated to making a difference and aligned with these values, this foundation represents a unique opportunity to secure funding that can propel initiatives forward. Interested applicants are encouraged to explore the various funding opportunities available through The Grant Portal, where they can find the resources needed to turn their vision into reality. Embrace the chance to partner in meaningful work that uplifts communities and fosters innovation!
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CHICAGO, IL

Summary

Assets

$244.7m

Distributions

$26.9m

Contributions

$1.6m

Grant Median

$312.5k

Count

86

Grant Max

$4m
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Latest Tax e-Filing

2022

Published by IRS

2023

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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State

IL

City

CHICAGO

Purpose

Interest

Philanthropy, Voluntarism & Grantmaking Foundations

248 results

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About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

Note that the IRS dataset only contains information from electronically-filed tax returns.

The Grant Portal is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any foundation appearing on the site.

Private Foundation Grants of $312.5k Available in CHICAGO, IL