Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1990.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
97 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
16 people listed on the 990; $2.5M paid to officers and key staff.
Timothy Knight’s $544K as President & Chief Executive Officer is at the 60th percentile of top reported officer pay among 129 $100M+ philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Timothy Knight | $544,236 | $428,809 | $505,362 | — |
| David Hiller Thru 32320 | — | — | — | $417,902 |
| Carla Beal | $400,741 | $43,269 | — | — |
| Donald Cooke | — | $240,849 | $355,231 | $349,493 |
| Timothy Knight from 32320 | — | — | — | $346,484 |
| David Granat | $176,676 | $300,274 | $289,410 | $279,600 |
| Cornelia Grumman | — | — | $260,069 | $236,440 |
| Rebekah Levin | — | — | — | $219,625 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Programs and updates
Funds and supports community programs in Chicagoland to improve early childhood education, youth development, and civic engagement.
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Grants (and related administration) made to organizations in the foundation's grant making program areas.
The foundation supports charitable organizations across the chicago region in their fundraising efforts through sponsorships, table purchases, ticket purchases, and other donations to improve the organizations' sustainability and community impact.
Evaluation and support of programs in furtherance of the foundation's mission to support youth and early childhood education.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $105.3M | $114.6M | −$9.3M | $1.7B | 990 PDF |
| FY2023 | $97.6M | $78.2M | $19.3M | $1.6B | 990 PDF |
| FY2022 | $64.9M | $102.9M | −$38.1M | $1.4B | 990 PDF |
| FY2021 | $106.9M | $62.1M | $44.9M | $1.7B | 990 PDF |
| FY2020 | $43.5M | $91.5M | −$48.0M | $1.5B | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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