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City Colleges of Chicago Foundation

Public charity · Grantmaker Chicago, IL EIN: 36-3157624 Website

Fueled by the generosity of Chicago's philanthropic community, the City Colleges of Chicago Foundation raises charitable contributions to support community colleges students from all backgrounds in reaching their academic and career goals.

Key facts about City Colleges of Chicago Foundation

In short: City Colleges of Chicago Foundation gave $6.1M across 3 grants in 2025 (avg $2.0M), mostly in Illinois. Source: 2025 IRS Form 990.

EIN
36-3157624
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$6,112,254
Grants made (2025)
3
Average grant
$2,037,418
Median grant
$250,000
Total assets
$27,244,631
Primary geography
Illinois (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$27.2M

-6.1% YoY

Annual Giving

$6.1M

+84.7% YoY

Grant Count

3

-62.5% YoY

Avg Grant Size

$2.0M

+392.7% YoY

How City Colleges of Chicago Foundation gives

  • Giving grew 94% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About City Colleges of Chicago Foundation

Based on IRS filings

City Colleges of Chicago Foundation is a public charity, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $27.2M in total assets. In 2025, it awarded 3 grants totaling $6.1M. Net investment income was $2.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

ChicagoPhiladelphiaWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M6 grants2020 5 grants2021 9 grants2022 11 grants2023 8 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $1.9M (2020) to $6.5M (2023). In 2025 it made 3 grants totaling $6.1M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

City Colleges of Chicago: $5.8MCity Colleges of Chicago$5.8MChildren First Fund The Chicago Public Schools Foundation: $250KChildren First Fund TheChicago Public Schools…$250KAlivio Medical Center Inc: $20KAlivio Medical Center Inc$20K

The largest 2025 recipient was City Colleges of Chicago ($5.8M). Together the top 3 received $6.1M.

Grant Size Distribution

36 grants across all recorded years

25<$50K2$50–100K1$100–250K1$250–500K2$500K–1M3$1–5M2$5M+

The most common grant size was under $50K: 25 grants of 36 (69%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
City Colleges of Chicago Chicago, ILStudent & Program Support$5,842,717
Children First Fund The Chicago Public Schools Foundation Chicago, ILTo support the purpose of the organization$250,000
Alivio Medical Center Inc Chicago, ILTo support the purpose of the organization$19,537

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$27,244,631$29,015,943$23,752,002
Revenue$7,177,363$4,975,030$6,193,998
Expenses$8,261,576$4,851,892$7,532,179
Net Investment Income$2,533,309$660,815$426,230

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS February 25, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 5, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS April 27, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS April 28, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 6, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

City Colleges of Chicago Foundation is led by Veronica Herrero, President since 2024 (on filings since 2021); none of the 13 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Veronica Herrero

    President

    Chancellor's Designee - Executive Officio → President, 2024

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Marcus Hardaway

    Executive Director

    On filings since 2024

    40 hrs/week

    No compensation reported

  • Gary L Rozier

    Chair

    Chairman → Chair, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Darrell A Williams

    General Director

    Trustee Designee → General Director, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Juan Salgado

    General Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Norma Manjarrez

    General Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Darlene Hightower

    General Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jonathan Glover

    General Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Melissa Flores

    General Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Quinton Williams

    General Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Maribel Rodriguez

    Treasurer

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Nicole Johnson-Scales

    Vice Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Monica Bibbs

    Secretary

    General Director → Secretary, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (11)
  • Former: Rhonda K Brown (2020–2024) — President
  • Former: Jennifer Williams (2023–2024) — Executive Director
  • Former: Iliana A Mora (2020–2023) — General Director
  • Former: Bill Lowry (2022–2023) — General Director
  • Former: Karla Gowen (2023) — General Director
  • Former: Iris Krieg (2020–2022) — Secretary
  • Former: Pedro DeJesus (2020–2022) — General Director
  • Former: Eric Lugo (2020–2021) — Chancellor's Designee - Executive Officio · Filing note: Until 121820
  • Former: Cindy Moelis (2020) — General Director
  • Former: Walter E Massey PhD (2020) — General Director
  • Former: William Lowry Sr. (2020) — General Director

Data from IRS Form 990 filings, 2020–2025. "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 City Colleges of Chicago Foundation

How much does City Colleges of Chicago Foundation give each year?

City Colleges of Chicago Foundation gave $6.1M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.3M across 8 grants.

What is City Colleges of Chicago Foundation's typical grant size?

City Colleges of Chicago Foundation's median grant in 2025 was $250,000, and its average grant was $2,037,418, across 3 grants on its 2025 IRS Form 990.

Where does City Colleges of Chicago Foundation give grants?

City Colleges of Chicago Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Chicago, IL (3 grants).

Does City Colleges of Chicago Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on City Colleges of Chicago Foundation's 2025 IRS Form 990 were described as general or operating support.

How large is City Colleges of Chicago Foundation?

City Colleges of Chicago Foundation reported $27.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $7.2M.

What is City Colleges of Chicago Foundation's EIN?

City Colleges of Chicago Foundation's EIN (Employer Identification Number) is 36-3157624. IRS Form 990 filing data is available on this page for 2020–2025.

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

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