Chicago Board of Trade Foundation

Private foundation · Grantmaker Chicago, IL EIN: 36-3348469

The Chicago Board of Trade Foundation is a private foundation based in Chicago, Illinois. Its grant-program description says it provides funding to nonprofit organizations in the Chicago area, with interest in projects assisting children in need, seniors, people with disabilities, and people needing social and human services.

Chicago Board of Trade Foundation at a glance

In short: Chicago Board of Trade Foundation gave $264K across 32 grants in 2025 (avg $8K), mostly in Illinois. 22% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$263,750
+20.4% vs 2024
Grants made (2025)
32
+28.0% vs 2024
Average grant
$8,242
-5.9% vs 2024
Median grant
$5,000
Total assets
$4,075,553
+2.7% vs 2024
New grantees (estimate)
22% first-time grantees (7 of 32, 2025)
Primary geography
Illinois (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Chicago Board of Trade Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Its grant-program description also says exchange-community members and employees may sponsor an organization applying, and that applications are considered on their own merit. The program description says eligible organizations must be 501(c)(3) tax-exempt and must not discriminate based on race, religion, or sexual orientation. It does not fund individuals, political candidates, or organizations without tax-exempt status. Requests are assessed based on program effectiveness, community impact, and organizational management.

Contact

Mailing address: 309 West Washington St, Chicago, IL 60606-3222
Phone: (312) 415-2215

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Chicago Board of Trade Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Misericordia: $35KMisericordia$35KSanta's Volunteers: $30KSanta's Volunteers$30KWellness House: $18KWellness House$18KPacific Garden Mission: $15KPacific Garden Mission$15KCanavan Research Illinois: $10KCanavan Research Illinois$10KChicago Jesuit Academy: $10KChicago Jesuit Academy$10KCristo Rey Jesuit High School: $10KCristo Rey Jesuit High School$10KIMD Guest House: $10KIMD Guest House$10KAid for Women Inc: $10KAid for Women Inc$10KThe Chicago Southwest Suburban Parish and: $10KThe Chicago Southwest SuburbanParish and$10K

The largest 2025 recipient was Misericordia ($35K). Together the top 10 received $158K.

Grant Size Distribution

141 grants across all recorded years

141<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 141 grants of 141 (100%).

Geographic Focus

Where this funder awards grants

The grant-program description identifies the Chicago-area community as its focus. In 2025, all reported grant dollars went to recipients in Illinois.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 32 itemized grants.

Cities

ChicagoOak ParkBuffalo GroveForest ParkHinsdaleNapervilleWinnetkaLake ForestPalatineMorton GroveNorthbrookTinley ParkBlue IslandGlenviewLa GrangeOak BrookPalos ParkCiceroCountrysideDes Plaines

Is Chicago Board of Trade Foundation open to new grantees?

22%

first-time grantees, 2025

In 2025, 7 of 32 grantees (22%) were first-time recipients. First grants averaged $4K; repeat grants $9K. How we count

Medians: $5K first-time, $8K repeat.

  • 69% of 2025 grantees were also funded in 2024. Method
  • Giving grew 134% from 2022 to 2025. Method
  • In 2025 it paid out 142% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K31 grants2019 31 grants2020 39 grants2021 14 grants2022 31 grants2023 25 grants2024 32 grants2025

From 2019 to 2025, annual grant giving ranged from $113K (2022) to $283K (2021). In 2025 it made 32 grants totaling $264K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Misericordia Chicago, ILGeneral$35,000
Santa's Volunteers Winnetka, ILGeneral$30,000
Wellness House Hinsdale, ILGeneral$17,500
Pacific Garden Mission Chicago, ILGeneral$15,000
Canavan Research Illinois Buffalo Grove, ILGeneral$10,000
Chicago Jesuit Academy Chicago, ILGeneral$10,000
Cristo Rey Jesuit High School Chicago, ILGeneral$10,000
IMD Guest House Chicago, ILGeneral$10,000
Aid for Women Inc Chicago, ILGeneral$10,000
The Chicago Southwest Suburban Parish and Palos Park, ILGeneral$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$4,075,553$297,822$315,703$263,75032$263,750$245,869$185,649
2024$3,967,476$592,324$261,884$219,00025$219,000$549,440$174,903
2023$3,812,353$15,414$283,899$237,50031$237,500$71,623$175,043
2022$3,721,369$-14,961$154,793$112,50014$112,500$35,580$210,355
2021$4,391,264$480,135$321,356$282,50039$282,500$441,279$197,639
2020$4,206,831$260,842$251,731$218,00031—$227,861$193,400
2019$4,030,221$131,741$233,119$202,28531—$91,011$177,982

Under IRS private-foundation payout rules, Chicago Board of Trade Foundation reported a distributable amount of $186K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No separate mission statement is provided. The foundation describes interest in organizations and projects that assist children in need, seniors, people with disabilities, and people needing social and human services in the Chicago-area community.

Its 2025 grants included organizations working in varied areas. For example, Wellness House says it supports people affected by cancer through programs intended to improve physical and emotional well-being; New Moms says it partners with young mothers toward housing stability, economic mobility, and family well-being; and The Night Ministry says it provides human connection, housing support, and health care to people who are unhoused or experiencing poverty.

Grantmaking

The foundation awarded 32 grants totaling $263,750 in 2025. Grants ranged from $2,500 to $35,000, with a median of $5,000. It awarded 25 grants totaling $219,000 in 2024 and 31 grants totaling $237,500 in 2023.

Among its largest 2025 grants were $35,000 to Misericordia, $30,000 to Santa’s Volunteers, $17,500 to Wellness House, and $15,000 to Pacific Garden Mission. It also awarded $10,000 each to Canavan Research Illinois, Chicago Jesuit Academy, Cristo Rey Jesuit High School, IMD Guest House, Aid for Women Inc, and The Chicago Southwest Suburban Parish and.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Charles P. Carey as chairman and Michael Daley as director.

Chicago Board of Trade Foundation is led by Charles P. Carey, Chairman on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Charles P. Carey

    Chairman

    On filings since 2019

    0.8 hrs/week

    No compensation reported

  • Michael Daley

    Director

    On filings since 2019

    0.8 hrs/week

    No compensation reported

Former officers (2)
  • Former: David P. Brennan (2019–2021) — Director
  • Former: Robert F. Corvino (2019–2021) — Vice Chairman

Data from IRS Form 990 filings, 2019–2025. "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 Chicago Board of Trade Foundation

How much does Chicago Board of Trade Foundation give each year?

Chicago Board of Trade Foundation gave $264K across 32 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $219K across 25 grants.

What is Chicago Board of Trade Foundation's typical grant size?

Chicago Board of Trade Foundation's median grant in 2025 was $5,000, and its average grant was $8,242, across 32 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Chicago Board of Trade Foundation that year got $4K on average.

Where does Chicago Board of Trade Foundation give grants?

Chicago Board of Trade Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (16 grants) and Oak Park, IL (2 grants).

Does Chicago Board of Trade Foundation give general operating support?

Yes: 100% of Chicago Board of Trade Foundation's 2025 grants with a stated purpose (32 of 32) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Chicago Board of Trade Foundation's largest grantees?

Chicago Board of Trade Foundation's largest 2025 grantees include Misericordia ($35,000), Santa's Volunteers ($30,000) and Wellness House ($17,500), according to its 2025 IRS Form 990-PF. Together they received 31% of its itemized 2025 grant dollars.

How large is Chicago Board of Trade Foundation?

Chicago Board of Trade Foundation reported $4.1M in total assets on its 2025 IRS Form 990-PF. It paid out $264K in qualifying distributions that year, against a required minimum of $186K (roughly 5% of its investment assets).

What does Chicago Board of Trade Foundation fund?

No separate mission statement is provided. The foundation describes interest in organizations and projects that assist children in need, seniors, people with disabilities, and people needing social and human services in the Chicago-area community. See mission & focus areas ↑

How do I apply for a grant from Chicago Board of Trade Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Chicago Board of Trade Foundation's EIN?

Chicago Board of Trade Foundation's EIN (Employer Identification Number) is 36-3348469. IRS Form 990 filing data is available on this page for 2019–2025.

Does Chicago Board of Trade Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 14, 2020)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 9, 2021)
  4. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 23, 2022)
  5. Updated Form 990-PF for fiscal year 2022 (received by the IRS June 26, 2023)
  6. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 15, 2024)
  7. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)

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Cite this profile

Grantable. (2026). Chicago Board of Trade Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/chicago-board-of-trade-foundation-morg_3d36bd2131d346a3af5d1f7e3cb93238

BibTeX
@misc{grantable_363348469_2026,
  author       = {{Grantable}},
  title        = {{Chicago Board of Trade Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/chicago-board-of-trade-foundation-morg_3d36bd2131d346a3af5d1f7e3cb93238},
  note         = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Chicago Board of Trade Foundation'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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