Economic Awareness Council
Prepare students and families for the economic and financial decisions they will make both today and tomorrow. Meeting the needs of families and youth with limited resources is emphasized.
Economic Awareness Council at a glance
- Total assets
- $777,006
- +42.2% vs 2024
- Revenue (2025)
- $954,876
- +42.1% vs 2024
- Net investment income (2025)
- $15,381
- +1.0% vs 2024
- Expenses (2025)
- $734,342
- +18.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Economic Awareness Council funds
How this funder distributes its grants
Grant Size Distribution
11 grants across all recorded years
The most common grant size was in the $50–100K range: 8 grants of 11 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How Economic Awareness Council gives
- Giving fell 82% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $36K (2023) to $352K (2022). In 2023 it made 1 grant totaling $36K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $35,500 |
Ready to take the next step with Economic Awareness Council?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $777,006 | $954,876 | $734,342 | — | — | $15,381 |
| 2024 | $546,488 | $672,121 | $620,026 | — | — | $15,229 |
| 2023 | $509,014 | $564,461 | $459,196 | $35,500 | 1 | $4,568 |
| 2022 | $392,285 | $448,212 | $390,844 | $351,960 | 7 | $96 |
| 2021 | $334,611 | $444,115 | $366,919 | $200,000 | 3 | $21 |
| 2020 | $258,360 | $486,469 | $350,161 | $198,568 | 4 | — |
About Economic Awareness Council
Based on IRS filings
Economic Awareness Council is a public charity focused on Education, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $777K in total assets. Net investment income was $15K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Economic Awareness Council is led by Tracy Frizzell, Executive Director on every filing since 2020; 1 of 10 officers listed in 2025 is compensated.
Officers on the 2025 filing
Tracy Frizzell
Executive Director
On filings since 2020
50 hrs/week
$90K (2020) → $169K (2025)
Deborah Ross
Director
On filings since 2020
1 hr/week
No compensation reported
Margaret Johnsson
Director
On filings since 2020
1 hr/week
No compensation reported
Alberto Roman
Director
On filings since 2022
1 hr/week
No compensation reported
Christine Tinker
Director
On filings since 2023
1 hr/week
No compensation reported
Michael Fehlman
Director
On filings since 2023
1 hr/week
No compensation reported
Zachary Brown
Director
On filings since 2023
1 hr/week
No compensation reported
Daniel Short
Director
New on the 2025 filing
1 hr/week
No compensation reported
Gayle Ekstrom
Director
New on the 2025 filing
1 hr/week
No compensation reported
Brian Frizzell
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Former officers (12)
- Former: Angelina Mendoza (2020–2024) — Director
- Former: Liz Myers (2022–2024) — Director
- Former: Kenya Vanosten-Promin (2023–2024) — Director
- Former: Teresa Lwin (2020–2022) — Director
- Former: Zack Brown (2020–2022) — Director
- Former: Anthony Scott (2022) — Director
- Former: Lance Klobach (2020–2021) — Director
- Former: Michele Milewski (2020–2021) — Director
- Former: Ralph Czechowski (2020–2021) — Director
- Former: Tauseef Gillani (2020–2021) — Director
- Former: Tiffany Butler (2020–2021) — Director
- Former: Candice Bonfiglio (2020) — 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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $169K, to Tracy Frizzell (Executive Director).
Frequently asked questions about Economic Awareness Council
How large is Economic Awareness Council?
Economic Awareness Council reported $777K in total assets on its 2025 IRS Form 990. Its revenue that year was $955K.
What is Economic Awareness Council?
Economic Awareness Council is a public charity focused on Education, based in Chicago, IL. It holds $777K in total assets as of 2025.
Where does Economic Awareness Council operate?
Economic Awareness Council has awarded grants in Florida, Illinois, Wisconsin.
What is Economic Awareness Council's EIN?
Economic Awareness Council's EIN (Employer Identification Number) is 30-0158613. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 25, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 31, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 8, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Economic Awareness Council funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Economic Awareness Council's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Andrew and Joan McKenna Foundation
Oconomowoc, WI
The Andrew and Joan McKenna Foundation’s 2025 filing reports one $472,874 general-support grant, with all grant dollars going to recipients in Ohio; earlier filings show grants ranging from $220,000 to $3,265,000. It funds only preselected organizations and does not accept unsolicited requests; its 2025 return is marked final.
Assets
—
Grants
1
Total Given
$473K
The Watkins Family Charitable Foundation Aka
Chicago, IL
The Watkins Family Charitable Foundation supports preselected charitable organizations, with its 2024 filing reporting one general-support grant of $774,500 to a recipient listed in Illinois. It does not accept unsolicited funding requests.
Assets
$16.9M
Grants
1
Total Given
$775K
The Aunt Marlene Foundation
Burr Ridge, IL
Assets
$72K
Grants
2
Total Given
$55K
Schmidgall Family Foundation
Walland, TN
Assets
$2.9M
Grants
5
Total Given
$125K
Martin and Patricia Jahn Foundation
Burr Ridge, IL
The Martin and Patricia Jahn Foundation gives to preselected charitable organizations; its 2025 grants ranged from $100 to $1,042,138, with a median of $20,000. Most funding went to Michigan, followed by Illinois, with smaller amounts in New York and Indiana. It does not accept unsolicited funding requests.
Assets
$39.2M
Grants
10
Total Given
$1.9M
Picchi Family Foundation Inc
Osprey, FL
The foundation supports a varied mix of charitable causes, including animal welfare, children with cancer, and veterans. Its 2025 grants ranged from $2,000 to $174,000, with a median of $17,500, and went to organizations in several states, with the most funding directed to Florida and Illinois. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$10.8M
Grants
10
Total Given
$393K
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 Economic Awareness Council'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.
Economic Awareness Council down — hundreds of funders to go?