Chicago Friends of the Elderly Foundation

Public charity · Grantmaker Chicago, IL EIN: 20-8538729

The foundation supports the activities of little brothers - friends of the elderly (chicago).

Key facts about Chicago Friends of the Elderly Foundation

EIN
20-8538729
Latest 990 filing
Form 990, 2025
Total assets
$16,898,944

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$16.9M

+8.0% YoY

Revenue

$1.4M

+179.0% YoY

Net Investment Income

$704K

+37.4% YoY

Expenses

$29K

-94.6% YoY

About Chicago Friends of the Elderly Foundation

Based on IRS filings

Chicago Friends of the Elderly Foundation is a public charity focused on Human Services, based in Chicago, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $16.9M in total assets. Net investment income was $704K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Chicago

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M1 grant2019 1 grant2020 0 grants2021 1 grant2022 1 grant2023 1 grant2024 0 grants2025

From 2019 to 2024, annual grant giving ranged from $76K (2020) to $1.9M (2023). In 2024 it made 1 grant totaling $510K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M2$1–5M$5M+

The most common grant size was in the $1–5M range: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$16,898,944$15,647,681$13,148,313
Revenue$1,429,047$512,221$671,979
Expenses$29,417$549,281$1,899,937
Net Investment Income$704,047$512,221$671,979

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS August 13, 2025)
  2. Added Form 990 for fiscal year 2019 (received by the IRS August 5, 2020)
  3. Updated Form 990 for fiscal year 2020 (received by the IRS July 13, 2021)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS June 27, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)
  6. Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Chicago Friends of the Elderly Foundation is led by Sean Martin, Chair since 2023 (on filings since 2020); none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Sean Martin

    Chair

    Secretary → Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Linda Watson

    Vice Chair

    Chair → Director, 2023

    Director → Vice Chair, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Brendan Krahl

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Zarik Khan

    Secretary

    Secretary → Chair, 2024

    Chair → Secretary, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Michael Melinger (2019–2024) — Director
  • Former: Sheila McMackin (2019–2023) — Vice Chair
  • Former: Candace Hansford (2019–2022) — Director
  • Former: Kathy O'Grady (2019–2022) — Director
  • Former: Bill Hassett (2019–2020) — Director
  • Former: Robert Merk (2019–2020) — Director
  • Former: Jeffery Ramirez (2020) — Director
  • Former: Paul Dowling (2020) — Director
  • Former: Carol Waugh (2019) — Director
  • Former: Kathleen Boylan (2019) — Secretary
  • Former: Marilyn Hennessy (2019) — Director
  • Former: Rosa Perez (2019) — Vice Chair
  • Former: Tom Behrens (2019) — Director

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 Friends of the Elderly Foundation

How large is Chicago Friends of the Elderly Foundation?

Chicago Friends of the Elderly Foundation reported $16.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.4M.

What is Chicago Friends of the Elderly Foundation?

Chicago Friends of the Elderly Foundation is a public charity focused on Human Services, based in Chicago, IL. It holds $16.9M in total assets as of 2025.

Where does Chicago Friends of the Elderly Foundation operate?

Chicago Friends of the Elderly Foundation has awarded grants in Illinois.

What is Chicago Friends of the Elderly Foundation's EIN?

Chicago Friends of the Elderly Foundation's EIN (Employer Identification Number) is 20-8538729. IRS Form 990 filing data is available on this page for 2019–2025.

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

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