Driehaus Design Initiative is a private foundation focused on Arts, Culture & Humanities, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $213K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.7M
+5.8% YoY
Annual Giving
$120K
+14.3% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$30K
-14.3% YoY
Under IRS private-foundation payout rules, Driehaus Design Initiative reported a distributable amount of $274K for 2024 — the minimum it must pay out in qualifying distributions.
About Driehaus Design Initiative
Based on IRS filings
Driehaus Design Initiative is a private foundation focused on Arts, Culture & Humanities, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 4 grants totaling $120K. Net investment income was $213K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,705,191 | $5,393,204 | $4,892,162 |
| Revenue | $273,819 | $156,780 | $80,458 |
| Expenses | $411,464 | $183,534 | $173,208 |
| Qualifying Distributions | $350,709 | $124,874 | $141,244 |
| Net Investment Income | $213,116 | $116,918 | $48,494 |
| Distributable Amount | $274,196 | $250,160 | $246,993 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dominican University ($40,000), Columbia College Chicago ($35,000), School of the Art Institute of Chicago ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Columbia College Chicago Chicago, IL | To support the production and presentation of student work in Grantee's Department of Fashion Studies | $35,000 |
| School of the Art Institute of Chicago Chicago, IL | To support production and presentation of student work in Grantee's Fashion Design Program | $35,000 |
| Dominican University River Forest, IL | To support production and presentation of student work in Grantee's Fashion Design program | $40,000 |
| Chicago History Museum Chicago, IL | To support Chicago Museum | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Angelo Cavello | Treasurer, Secretary & Directo | 1.5 | — |
| Stuart Ellison | PRESIDENT & DIRECTOR | 0.5 | — |
| LINDA YU | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Driehaus Design Initiative?
Driehaus Design Initiative is a private foundation focused on Arts, Culture & Humanities, based in CHICAGO, IL. It holds $5.7M in total assets as of 2024.
How large is Driehaus Design Initiative?
As of 2024, Driehaus Design Initiative holds $5.7M in total assets with $274K in annual revenue. It awarded 4 grants totaling $120K in 2024.
Where does Driehaus Design Initiative operate?
Driehaus Design Initiative has awarded grants in Illinois.
What size grants does Driehaus Design Initiative award?
In 2024, Driehaus Design Initiative awarded 4 grants totaling $120K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Driehaus Design Initiative required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Driehaus Design Initiative reported a distributable amount of $274K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Driehaus Design Initiative's EIN?
Driehaus Design Initiative's EIN (Employer Identification Number) is 27-1694951. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Driehaus Design Initiative'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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