Chicago Friends of the Elderly Foundation
The foundation supports the activities of little brothers - friends of the elderly (chicago).
Chicago Friends of the Elderly Foundation at a glance
- Total assets
- $16,898,944
- +8.0% vs 2024
- Revenue (2025)
- $1,429,047
- +179.0% vs 2024
- Net investment income (2025)
- $704,047
- +37.4% vs 2024
- Expenses (2025)
- $29,417
- -94.6% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Chicago Friends of the Elderly Foundation funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $76K (2020) to $1.9M (2023). In 2024 it made 1 grant totaling $510K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Little Brothers - Friends of the Elderly Chicago, IL | Support of Program Services | $510,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $16,898,944 | $1,429,047 | $29,417 | — | — | $704,047 |
| 2024 | $15,647,681 | $512,221 | $549,281 | $510,000 | 1 | $512,221 |
| 2023 | $13,148,313 | $671,979 | $1,899,937 | $1,866,311 | 1 | $671,979 |
| 2022 | $12,981,475 | $1,579,800 | $1,317,758 | $1,284,205 | 1 | $904,800 |
| 2021 | $16,557,555 | $916,474 | $35,154 | — | — | $828,943 |
| 2020 | $13,128,335 | $449,367 | $76,147 | $76,147 | 1 | $449,367 |
| 2019 | $12,120,577 | $552,738 | $1,400,970 | $1,370,000 | 1 | $552,738 |
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
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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS August 13, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 5, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS July 13, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 27, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 13, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Chicago Friends of the Elderly Foundation funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Chicago Friends of the Elderly Foundation's focus areas in our free grants database
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