Chicago Scholarship Fund Inc
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.
Chicago Scholarship Fund Inc at a glance
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.
- 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)
- Latest 990 filing
- Form 990, 2021 View filing
Data from IRS Form 990, 2021; updated September 2026.
Who Chicago Scholarship Fund Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2021
The largest 2021 recipient was Hope Chicago ($5.2M).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was $5M or more: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2021 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $5.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope Chicago Chicago, IL | General College Scholarships | $5,166,807 |
Ready to take the next step with Chicago Scholarship Fund Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|
| 2021 | $5,200,805 | $5,200,805 | $5,166,807 | 1 | $805 |
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.
Focus Areas
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.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS February 28, 2022)
- IRS filings on file for fiscal year 2021
Live grants for the work Chicago Scholarship Fund Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Chicago Scholarship Fund Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Jerath Family Foundation
Chicago, IL
Assets
$14K
Grants
3
Total Given
$51K
RSM US Foundation
Davenport, IA
The RSM US Foundation funds youth education and programs addressing hunger, housing, and health challenges, along with related scholarships, disaster relief, and employee-volunteer grants. Its 2024 grants ranged from $5,255 to $257,835, with a median of $21,534, and were distributed across the United States, with some Power of Love support reaching other countries. The profile does not state whether it accepts unsolicited requests.
Assets
$17.5M
Grants
165
Total Given
$5.5M
The Grossinger Foundation
Chicago, IL
The Grossinger Foundation funds community services, arts and music, education, health, and humanitarian support, with most grants going to organizations in Illinois. Its 2025 grants ranged from $500 to $80,000, with a median of $5,000. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$3.2M
Grants
19
Total Given
$186K
Walgreens Foundation
Deerfield, IL
Assets
$25.2M
Grants
4
Total Given
$15.0M
PEAK6 Foundation
Chicago, IL
PEAK6 Foundation supports youth services and initiatives related to career preparation, leadership, and community wellness, with most 2025 grant dollars going to Illinois and others to Maryland, Massachusetts, New York, and Texas. Its 11 grants ranged from $4,000 to $350,000, with a median of $12,451. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$8.4M
Grants
11
Total Given
$1.2M
Bears Care
Lake Forest, IL
Bears Care funds education, youth athletics, and medical research and health-awareness programs, with an emphasis on breast and ovarian cancer, primarily in the Chicagoland community. Its 2024 grants ranged from $6,000 to $520,000, with a median of $20,000; it also offers $3,000–$12,000 athletic training grants to eligible high schools, and available information does not state whether it accepts unsolicited requests.
Assets
$797K
Grants
50
Total Given
$2.6M
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Chicago Scholarship Fund Inc'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.
Chicago Scholarship Fund Inc down — hundreds of funders to go?