Chicago Scholarship Fund Inc logo

Chicago Scholarship Fund Inc

Public charity · Grantmaker Chicago, IL EIN: 86-2382509 Website

Our mission is to help cultivate sharp minds, engage, and guide students towards continued learning, future employment, personal achievement, and overall success. We are hopeful that through our financial support and guidance, we will be able to help students bring their vision for a successful path to the future.

Key facts about Chicago Scholarship Fund Inc

In short: Chicago Scholarship Fund Inc gave $5.2M across 1 grant in 2021 (avg $5.2M), mostly in Illinois. Source: 2021 IRS Form 990.

EIN
86-2382509
Latest 990 filing
Form 990, 2021
Annual giving (2021)
$5,166,807
Grants made (2021)
1
Average grant
$5,166,807
Median grant
$5,166,807
Primary geography
Illinois (100% of itemized 2021 grant dollars)

Data from IRS Form 990, 2021; updated September 2026.

Financial Overview

From 2021 IRS Form 990 · View filing

Total Assets

—

Annual Giving

$5.2M

Grant Count

1

Avg Grant Size

$5.2M

About Chicago Scholarship Fund Inc

Based on IRS filings

Chicago Scholarship Fund Inc is a public charity, based in Chicago, IL. IRS filing data is available for 2021. In 2021, it awarded 1 grant totaling $5.2M. Net investment income was $805.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2021 grant dollars on its one itemized grant.

States

Cities

Chicago

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M1 grant2021

In 2021 it made 1 grant totaling $5.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2021

Hope Chicago: $5.2MHope Chicago$5.2M

The largest 2021 recipient was Hope Chicago ($5.2M).

Grant Size Distribution

1 grant across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

The most common grant size was $5M or more: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Hope Chicago Chicago, ILGeneral College Scholarships$5,166,807

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2021
Metric2021
Revenue$5,200,805
Expenses$5,200,805
Net Investment Income$805

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS February 28, 2022)
  2. IRS filings on file for fiscal year 2021

Leadership & Key People

Officers and directors from IRS filings

Chicago Scholarship Fund Inc is led by Mona E. Edwards, President on the 2021 filing; none of the 7 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Mona E. Edwards

    President

    New on the 2021 filing

    1 hr/week

    No compensation reported

  • Nancy Koenig

    Director

    New on the 2021 filing

    1 hr/week

    No compensation reported

  • Steve Pemberton

    Director

    New on the 2021 filing

    1 hr/week

    No compensation reported

  • Theodore Koenig

    Director

    New on the 2021 filing

    1 hr/week

    No compensation reported

  • Jose Paz

    Secretary

    New on the 2021 filing

    1 hr/week

    No compensation reported

  • Scott Marinau

    Treasurer

    New on the 2021 filing

    1 hr/week

    No compensation reported

  • Will Edwards

    Executive Vice President

    New on the 2021 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021. "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 Scholarship Fund Inc

How much does Chicago Scholarship Fund Inc give each year?

Chicago Scholarship Fund Inc gave $5.2M across 1 grant in 2021, according to its 2021 IRS Form 990.

Where does Chicago Scholarship Fund Inc operate?

Chicago Scholarship Fund Inc has awarded grants in Illinois.

What is Chicago Scholarship Fund Inc's EIN?

Chicago Scholarship Fund Inc's EIN (Employer Identification Number) is 86-2382509. IRS Form 990 filing data is available on this page for 2021.

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

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