Edwin Odika Foundation Inc is a private foundation focused on Human Services, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 2 grants totaling $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6K
-62.2% YoY
Annual Giving
$33K
+47.8% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$17K
+121.7% YoY
Under IRS private-foundation payout rules, Edwin Odika Foundation Inc reported a distributable amount of $54 for 2024 — the minimum it must pay out in qualifying distributions.
About Edwin Odika Foundation Inc
Based on IRS filings
Edwin Odika Foundation Inc is a private foundation focused on Human Services, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 2 grants totaling $33K.
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 | $6,089 | $16,089 | $13,259 |
| Revenue | $26,850 | $28,543 | $39,285 |
| Expenses | $36,850 | $25,713 | $26,955 |
| Qualifying Distributions | $36,850 | $25,713 | $26,955 |
| Net Investment Income | — | — | — |
| Distributable Amount | $54 | $54 | $49 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Business Grants to Umunoo ($18,355), IBREATHE Initiative ($14,850).
| Recipient | Purpose | Amount |
|---|---|---|
| Business Grants to Umunoo | Provide grants to deserving underserved businesses and entrepreneurs to start and grow businesses such as farming tailoring and artisanal crafts | $18,355 |
| IBREATHE Initiative | Grant to charity to enable and sponsor vocational training programs to teach valuable skills in trades weaving carpentry etc. to underserved communities | $14,850 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHINENYE ODIKA | DIRECTOR | 5 | — |
| JUSTIN ODIKA | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Edwin Odika Foundation Inc?
Edwin Odika Foundation Inc is a private foundation focused on Human Services, based in CHICAGO, IL. It holds $6K in total assets as of 2024.
How large is Edwin Odika Foundation Inc?
As of 2024, Edwin Odika Foundation Inc holds $6K in total assets with $27K in annual revenue. It awarded 2 grants totaling $33K in 2024.
Where does Edwin Odika Foundation Inc operate?
Edwin Odika Foundation Inc has awarded grants in Illinois.
What size grants does Edwin Odika Foundation Inc award?
In 2024, Edwin Odika Foundation Inc awarded 2 grants totaling $33K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Edwin Odika Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Edwin Odika Foundation Inc reported a distributable amount of $54 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Edwin Odika Foundation Inc's EIN?
Edwin Odika Foundation Inc's EIN (Employer Identification Number) is 83-3186412. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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