The Arkes Family Foundation is a private grantmaking foundation based in Chicago, Illinois. Established in 2013, it operates as a 501(c)(3) organization and is classified as a private foundation under the National Taxonomy of Exempt Entities (NTEE).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.2M
+34.5% YoY
Grant Count
118
-0.8% YoY
Avg Grant Size
$10K
+35.7% YoY
Mission & Focus Areas
The foundation has not provided a public mission statement. Based on recent grantmaking activity, the foundation supports organizations in the following areas:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Workforce preparation and job readiness
Grantmaking
The foundation made 104 grants in 2024, with total giving of $1,232,501. Grant sizes range from approximately $40 to $850,600.
Grant Range
s range from approximately $40 to $850,600.
Ready to take the next step with Arkes Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends across multiple states, with primary focus areas including Illinois, New York, and the District of Columbia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024
- Total Assets: $7,731,005
- Total Revenue: $941,474
- Total Expenses: $1,362,214
- Net Income: -$420,740
- Total Liabilities: $0
The foundation has no employees and maintains a lean operational structure.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL ARKES | PRESIDENT | 3 | — |
| HELEN ARKES | DIRECTOR | 0.2 | — |
| JOHN ERAMO | DIRECTOR | 0.1 | — |
Contact Information
Address 130 E Oak Street, Apt 27A Chicago, IL 60611-1421
EIN: 46-1536842
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Fostering Success
WAYNE, IL
Assets
$38K
Grants
1
Total Given
$2K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Arkes Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities