Big Shoulders Fund

CHICAGO, IL EIN: 36-3490557 Website

We provide support to underserved schools which provide a quality, values-based education for Chicago's children. In 2020, Big Shoulders Fund's programming was extended to the Northwest Indiana region.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$150.1M

+10.9% YoY

Annual Giving

$15.1M

-11.0% YoY

Grant Count

78

+6.8% YoY

Avg Grant Size

$194K

-16.7% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23M$47M$70M$93M201920202021202220232024
Metric202420232022
Total Assets$150,134,830$135,423,582$125,993,936
Revenue$84,776,624$65,677,021$62,883,883
Expenses$75,889,009$58,940,127$52,614,506
Qualifying Distributions
Net Investment Income$11,128,285$8,080,344$-9,239,954
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$17M0 grants201966 grants202063 grants202170 grants202273 grants202378 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Augustus Tolton Academy$718KHoly Angels School$714KSt Ethelreda School$711KSt Philip Neri School$708KAcademy of St Benedict t…$598KSt Francis de Sales High…$596KEpiphany School$509KSt Mary Star of the Sea …$502KSt Margaret of Scotland …$465KSt Constance School$465K

Grant Size Distribution

350 grants across all recorded years

138<$50K41$50–100K81$100–250K67$250–500K21$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Big Shoulders Fund fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Joshua HalePresident and Chief Executiv…$560KRebecca Lindsay-RyanChief Schools Officer$279KMalcolm DouglasChief Financial Officer$255KThomas ZbierskiDirector Emeritus, Scholarsh…$216KAmelia DrozdaChief Advancement & Developm…$195KDanielle RobinsonManaging Director, School Op…$157KDaniel KozlowskiManaging Director, NWI$153KLaura NalleySenior Director, People and …$153KDaniel BennettSenior Director, Scholarships$141K

From 2024 filing

NameTitleHoursCompensation
James J OConnorCo-Chairman (deceased 7/31/2023)
John CroghanVice Chairman1
Kenneth J VeloCo-Chairman25
Kent DautenCo-Chairman15
Arthur R VelasquezBoard of Trustees1
Charles K BobrinskoyBoard of Trustees1
Cherryl ThomasBoard of Trustees1
Christine E KellyBoard of Trustees1
Christopher ValentiBoard of Trustees1
Daniel DohertyBoard of Trustees1
David DuryBoard of Trustees1
Dennis FitzsimonsBoard of Trustees1
Elizabeth ColeBoard of Trustees1
Gerald BeesonBoard of Trustees1
Giancarlo TuranoBoard of Trustees1
Gregory Q BrownBoard of Trustees1
James A GordonBoard of Trustees1
James ComptonBoard of Trustees1
James HoegBoard of Trustees1
John A Canning JrBoard of Trustees1
John SchreiberBoard of Trustees1
Kimberly QuerreyBoard of Trustees1
Larry RichmanBoard of Trustees1
Lee HendersonBoard of Trustees1
Leigh-Anne KazmaBoard of Trustees1
Mary DempseyBoard of Trustees1
Michael E MurphyBoard of Trustees (deceased October 22, 2023)
Stephen KingBoard of Trustees1
Tao HuangBoard of Trustees1
Thomas E LanctotBoard of Trustees1
Thomas Reynolds IIIBoard of Trustees1
Timothy SullivanBoard of Trustees1
William DeversBoard of Trustees1
William T LynchBoard of Trustees1
Joshua HalePresident and Chief Executive Officer50$559,793
Malcolm DouglasChief Financial Officer50$255,478
Amelia DrozdaChief Advancement & Development Officer50$194,671
Rebecca Lindsay-RyanChief Schools Officer50$279,482
Daniel BennettSenior Director, Scholarships50$140,849
Daniel KozlowskiManaging Director, NWI50$153,412
Danielle RobinsonManaging Director, School Operations and Patrons Program50$157,330
Laura NalleySenior Director, People and Leadership50$153,090
Thomas ZbierskiDirector Emeritus, Scholarship Program & School Relations50$216,185

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

ChicagoEast ChicagoHammondJolietMerrillvilleMichigan CityOak ParkScherervilleSkokieWaukeganWhiting

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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