City Colleges of Chicago Foundation
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.0M
+22.2% YoY
Annual Giving
$3.3M
-48.9% YoY
Grant Count
8
-27.3% YoY
Avg Grant Size
$414K
-29.8% YoY
About City Colleges of Chicago Foundation
Based on IRS filings
City Colleges of Chicago Foundation is a nonprofit organization, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.0M in total assets. In 2024, it awarded 8 grants totaling $3.3M. Net investment income was $661K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,015,943 | $23,752,002 | $24,352,666 |
| Revenue | $4,975,030 | $6,193,998 | $8,962,317 |
| Expenses | $4,851,892 | $7,532,179 | $6,287,552 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $660,815 | $426,230 | $1,920,980 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include City Colleges of Chicago ($2,325,628), City Colleges of ChicagoHarold Washington College ($900,834), Temple University ($27,000).
| Recipient | Purpose | Amount |
|---|---|---|
| City Colleges of Chicago Chicago, IL | Student & Program Support | $2,325,628 |
| City Colleges of ChicagoHarold Washington College Chicago, IL | Student & Program Support | $900,834 |
| Temple University Philadelphia, PA | To prepare Chicago adults for career advancement through for-credit programs at City Colleges of Chicago | $27,000 |
| NAWBO Chicago Chicago, IL | Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship | $17,500 |
| Chicagoland Chamber of Commerce Chicago, IL | To prepare Chicago adults for career advancement through for-credit programs at City Colleges of Chicago | $10,000 |
| United Way of Metropolitan Chicago Chicago, IL | To prepare Chicago adults for career advancement through for-credit programs at City Colleges of Chicago | $10,000 |
| Women's Business Development Center Chicago, IL | To prepare Chicago adults for career advancement through for-credit programs at City Colleges of Chicago | $10,000 |
| Chicago Minority Supplier Dev Council Chicago, IL | Goldman Sachs 10,000 Small Business (GSK10KSB) referral sponsorship | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Juan Salgado | General Director | 1 | — |
| Veronica Herrero | President | 15 | — |
| Gary L Rozier | Chair | 1 | — |
| Nicole Johnson-Scales | Vice Chair | 1 | — |
| Monica Bibbs | Secretary | 1 | — |
| Melissa Flores | General Director | 1 | — |
| Jonathan Glover | General Director | 1 | — |
| Darlene Hightower | General Director | 1 | — |
| Norma Manjarrez | General Director | 1 | — |
| Darrell A Williams | General Director | 1 | — |
| Dr Quinton Williams | General Director | 1 | — |
| Maribel Rodriguez | Treasurer | 5 | — |
| Rhonda K Brown | President (until 7/3/23) | 40 | — |
| Jennifer Williams | Executive Director (until 12/18/23) | 40 | — |
| Marcus Hardaway | Executive Director (As of 1/10/24) | 40 | — |
Frequently Asked Questions
How large is City Colleges of Chicago Foundation?
As of 2024, City Colleges of Chicago Foundation holds $29.0M in total assets with $5.0M in annual revenue. It awarded 8 grants totaling $3.3M in 2024.
Where does City Colleges of Chicago Foundation operate?
City Colleges of Chicago Foundation has awarded grants in District of Columbia, Illinois, Pennsylvania.
What size grants does City Colleges of Chicago Foundation award?
In 2024, City Colleges of Chicago Foundation awarded 8 grants totaling $3.3M — an average of about $414K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in City Colleges of Chicago Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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