Ace Tech Endowment Fund

Public charity · Grantmaker Chicago, IL EIN: 72-1602149

To provide financial assistance to ace tech charter high school.

Ace Tech Endowment Fund at a glance

In short: Ace Tech Endowment Fund gave $363K across 1 grant in 2022 (avg $363K), mostly in Illinois. Source: 2022 IRS Form 990.

Annual giving (2022)
$363,307
Grants made (2022)
1
Average grant
$363,307
Median grant
$363,307
Primary geography
Illinois (100% of itemized 2022 grant dollars)
Latest 990 filing
Form 990, 2022 View filing

Data from IRS Form 990, 2022; updated September 2026.

Who Ace Tech Endowment Fund funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2022 grant dollars on its one itemized grant.

States

Cities

Chicago

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2020 0 grants2021 1 grant2022

In 2022 it made 1 grant totaling $363K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$363,307
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2022—$9,136$364,618$363,3071$9,136
2021$355,482$20,229$2,738——$20,229
2020$337,987$16,240$1,555——$16,240

About Ace Tech Endowment Fund

Based on IRS filings

Ace Tech Endowment Fund is a public charity focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grant totaling $363K. Net investment income was $9K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Ace Tech Endowment Fund is led by Dana P. Thorne, President on every filing since 2020; none of the 4 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Dana P. Thorne

    President

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Louis Jones

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Joe Scarpelli

    Treasurer

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Mark Jolicoeur

    Secretary

    On filings since 2020

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Ace Tech Endowment Fund

How much does Ace Tech Endowment Fund give each year?

Ace Tech Endowment Fund gave $363K across 1 grant in 2022, according to its 2022 IRS Form 990.

What is Ace Tech Endowment Fund?

Ace Tech Endowment Fund is a public charity focused on Education, based in Chicago, IL.

Where does Ace Tech Endowment Fund operate?

Ace Tech Endowment Fund has awarded grants in Illinois.

What is Ace Tech Endowment Fund's EIN?

Ace Tech Endowment Fund's EIN (Employer Identification Number) is 72-1602149. IRS Form 990 filing data is available on this page for 2020–2022.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS February 28, 2023)
  2. IRS filings on file for fiscal years 2020–2022

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Ace Tech Endowment Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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