Bruce Foundation logo

Bruce Foundation

CHICAGO, IL EIN: 36-4257410 Website

The Bruce Foundation is a private grantmaking foundation established in 1998 and based in Chicago, Illinois. It operates as a 501(c)(3) organization focused on philanthropic giving across civic, social, educational, and health initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.9M

+72.7% YoY

Grant Count

53

+35.9% YoY

Avg Grant Size

$36K

+27.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds civic, social, educational, social services, rescue dogs, human services, and health initiatives.

Grantmaking

The foundation made 39 grants in 2024, with a total grant distribution of approximately $1.12 million in 2023 and $1.94 million in expenses for 2024. Recent grantees include:

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Geographic Focus

Where this funder awards grants

The foundation is based in Chicago, Illinois and funds organizations nationally.

Grant Distribution by State

16states
+8 more states

Cities

ARLINGTONBARRINGTONBAY SAINT LOUISBERKELEYBOSTONBRAINTREECAMBRIDGECHICAGOCLIFTON PARKDEERFIELDDES PLAINESDESPLAINESFISH CREEKFLAGSTAFFGODFREYGODREYHAGERSTOWNHASTINGSHILLSDALEJUNO BEACH

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $23.4 million
  • Total Revenues: $18.3 million
  • Total Expenses: $1.9 million
  • Total Grants, Contributions, etc.: $18.0 million

As of December 2023:

  • Total Assets: $9.1 million
  • Total Revenues: $812,000
  • Total Expenses: $1.1 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$475K$950K$1M$2M39 grants201939 grants202039 grants202136 grants202239 grants202353 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HILLSDALE COLLEGE$500KBEVERLY FARM$100KCHICAGO FURNITURE BANK$70KHOPE FOR THE HOMELESS$60KFCACC$50KMARINE LIFE CTR JUNO BEACH$50KNOURISHING HOPE$40KREVIVE CENTER$40KTOUCHED BY AN ANIMAL$40KCAMBRIDGE REPRODUCTIVE H…$40K

Grant Size Distribution

203 grants across all recorded years

182<$50K15$50–100K4$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hillsdale College ($500,000), Beverly Farm ($100,000), Chicago Furniture Bank ($70,000).

RecipientPurposeAmount
ABILITY LAB CHICAGO, ILHEALTH$20,000
ALRAY FOUNDATION BOSTON, MAEDUCATIONAL$15,000
BEAGLE FREEDOM PROJECT VALLEY VILLAGE, CARESCUE DOGS$30,000
BEVERLY FARM GODFREY, ILSOCIAL$100,000
BOYS & GIRLS CLUBS OF TUCSON TUCSON, AZSOCIAL$20,000
BRIGHT HORIZONS TUCSON, AZEDUCATION$20,000
CHICAGO FURNITURE BANK CHICAGO, ILCIVIC$70,000
CITY OF CAMBRIDGE SCHOLARSHIP FUND CAMBRIDGE, MAEDUCATION$15,000
DREAMCATCHER FOUNDATION CHICAGO, ILSOCIAL$15,000
EASTER SEALS BLAKE FOUNDATION TUCSON, AZSOCIAL$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

Robert B Bruce serves as Principal in a management capacity with the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUSAN M BRUCEVICE PRESIDE0.5
ELIZABETH H BRUCEVICE PRESIDE0.5
R JEFFREY BRUCEPRES SEC.TRE1

Contact Information

Address: 20 N Wacker Drive, Suite 2414, Chicago, IL 60606-3004

Telephone: 312-236-9162

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Bruce Foundation fund?

The foundation primarily funds civic, social, educational, social services, rescue dogs, human services, and health initiatives.

How do I apply for a grant from Bruce Foundation?

The foundation made 39 grants in 2024, with a total grant distribution of approximately $1.12 million in 2023 and $1.94 million in expenses for 2024. Recent grantees include: • Chicago Furniture Bank ($70,000) • Hope for the Homeless ($60,000) • The Grand Canyon Trust ($50,000) • Hillsdale College The foundation maintains an active grantmaking program with grants distributed across multiple focus areas.

Where does Bruce Foundation make grants?

The foundation is based in Chicago, Illinois and funds organizations nationally.

What size grants does Bruce Foundation award?

In 2024, Bruce Foundation awarded 53 grants totaling $1.9M — an average of about $36K per grant, based on its IRS Form 990 filings.

What is Bruce Foundation's EIN?

Bruce Foundation's EIN (Employer Identification Number) is 36-4257410. IRS Form 990 filing data is available on this page for 2019–2024.

Explore Open Grants

Browse active grant opportunities in Bruce Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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