Equity Residential Foundation
Equity Residential Foundation is a private foundation based in Chicago, Illinois. Its 2025 filing reports contributions to charitable organizations supporting affordable housing, education and career development, climate-related work, disaster response, and health-related causes.
Equity Residential Foundation at a glance
In short: Equity Residential Foundation gave $163K across 14 grants in 2025 (avg $12K), top state Illinois. 57% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $162,900
- +5.4% vs 2024
- Grants made (2025)
- 14
- -12.5% vs 2024
- Average grant
- $11,636
- +20.5% vs 2024
- Median grant
- $10,000
- Total assets
- $2,928,589
- -0.8% vs 2024
- New grantees (estimate)
- 57% first-time grantees (8 of 14, 2025; small sample)
- Primary geography
- Illinois (37% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Equity Residential Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2 N Riverside Plaza Suite 400, Chicago, IL 60606
Phone: (312) 474-1300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Equity Residential Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Mercy Housing California ($40K). Together the top 10 received $143K.
Organizations only. It also paid 1 grant to individuals ($15,000), which are not listed by name.
Grant Size Distribution
67 grants across all recorded years
The most common grant size was under $50K: 66 grants of 67 (99%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars were reported by recipient state as Illinois 37%, Colorado 25%, California 14%, New Hampshire 12%, and District of Columbia 9%. The listed grants also include recipients in Iowa.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
States
Cities
Is Equity Residential Foundation open to new grantees?
57%
first-time grantees, 2025
In 2025, 8 of 14 grantees (57%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $12K; repeat grants $11K. How we count
Medians: $10K first-time, $8K repeat.
- 29% of 2025 grantees were also funded in 2024. Method
- Giving grew 50% from 2022 to 2025. Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $109K (2022) to $179K (2020). In 2025 it made 14 grants totaling $163K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mercy Housing California Denver, CO | Contribution to support efforts that help create stable, vibrant and healthy communities for families, seniors, and people with special needs who lack the economic resources to access safe and quality housing | $40,000 |
| Ferguson Charitable Foundation Chicago, IL | Contribution to support the organization's Center for Leadership Excellence that provides a comprehensive, supportive program that fosters leadership development, industry knowledge, and career readiness | $25,000 |
| Innovation Network for Communities Tamworth, NH | Contribution to support sustainability (Boston's Climate Action Plan) | $20,000 |
| Christ the King Jesuit College Preparatory School Chicago, IL | Contribution to support education and programs dedicated to providing real-world work experiences to underserved youth in Chicago | $15,000 |
| 1 grant to individuals Recipients not named | — | $15,000 |
| California Community Foundation Los Angeles, CA | Contribution to support people impacted by the Southern California wildfires | $10,000 |
| Emergency Network Los Angeles Inc Los Angeles, CA | Contribution to support people impacted by the Southern California wildfires | $10,000 |
| World Central Kitchen Inc Washington, DC | Contribution to support people impacted by the Southern California wildfires | $10,000 |
| American Red Cross Washington, DC | Contribution to support the Texas Hill Country flood victims | $5,000 |
| Pancreatic Cancer Action Network Boone, IA | Contribution to support scientific research of pancreatic cancer | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,928,589 | $181,455 | $206,263 | $162,900 | 14 | $168,635 | $145,827 | $179,433 |
| 2024 | $2,953,397 | $191,369 | $195,665 | $154,500 | 16 | $159,965 | $156,751 | $174,554 |
| 2023 | $2,957,607 | $100,459 | $187,394 | $150,360 | 12 | $155,665 | $68,730 | $159,764 |
| 2022 | $3,043,967 | $93,795 | $147,526 | $108,500 | 11 | $113,325 | $61,594 | $162,812 |
| 2021 | $3,097,698 | $157,858 | $162,150 | $120,500 | 14 | $125,185 | $122,893 | $184,273 |
| 2020 | $3,101,990 | $102,278 | $213,768 | $178,946 | 27 | — | $72,006 | $156,352 |
| 2019 | $3,213,480 | $75,202 | $156,108 | $118,700 | 15 | — | $61,158 | $157,311 |
Under IRS private-foundation payout rules, Equity Residential Foundation reported a distributable amount of $179K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include support for affordable housing, youth education and career readiness, climate planning, disaster relief, and health research and awareness. For example, Mercy Housing California describes its work as facilitating affordable housing and providing free programs and services to residents. Innovation Network for Communities describes work with municipalities and foundations on community systems, including carbon neutrality and resilience to climate disruptions.
Grantmaking
In filing year 2025, the foundation reported 14 grants totaling $162,900. Grant amounts ranged from $400 to $40,000, with a median grant of $10,000.
Notable 2025 grants included $40,000 to Mercy Housing California to support affordable housing and community efforts; $25,000 to Ferguson Charitable Foundation for a leadership development, industry knowledge, and career readiness program; and $20,000 to Innovation Network for Communities for sustainability work related to Boston’s Climate Action Plan. The foundation also awarded $15,000 to Christ the King Jesuit College Preparatory School for education and work experiences for underserved Chicago youth, and $15,000 to an individual recipient for training, internships, and mentorship programs for Chicago high school students. Three grants of $10,000 each supported people affected by the Southern California wildfires: California Community Foundation, Emergency Network Los Angeles, and World Central Kitchen.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mark J Parrell as President/Director; Scott J Fenster and Bret D McLeod as Directors; Claudio O Moreno as Vice President/Treasurer; Marty McKenna and Collin Glancy as Vice Presidents; and Christopher A Maher as Assistant Secretary. Robert Garechana is listed as a Director whose service ended in August 2025; Bret D McLeod is listed as a Director beginning in August 2025.
Equity Residential Foundation is led by Mark J Parrell, President & Director on every filing since 2019; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mark J Parrell
President & Director
On filings since 2019
1 hr/week
No compensation reported
Robert Garechana
Director
On filings since 2019
1 hr/week
No compensation reported
Scott J Fenster
Director
On filings since 2019
1 hr/week
No compensation reported
Bret D McLeod
Director
New on the 2025 filing
1 hr/week
No compensation reported
Christopher A Maher
Assistant Secretary
On filings since 2019
1 hr/week
No compensation reported
Claudio O Moreno
Vice President & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Marty McKenna
Vice President
On filings since 2019
1 hr/week
No compensation reported
Collin Glancy
Vice President
On filings since 2024
1 hr/week
No compensation reported
Former officers (1)
- Former: Michael Gast (2019–2024) — Vice President
Data from IRS Form 990 filings, 2019–2025. "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 Equity Residential Foundation
How much does Equity Residential Foundation give each year?
Equity Residential Foundation gave $163K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $155K across 16 grants.
What is Equity Residential Foundation's typical grant size?
Equity Residential Foundation's median grant in 2025 was $10,000, and its average grant was $11,636, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Equity Residential Foundation that year got $12K on average.
Where does Equity Residential Foundation give grants?
Equity Residential Foundation's top state is Illinois, with 37% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Colorado (25%) and California (14%). The most frequent recipient cities were Chicago, IL (5 grants), Los Angeles, CA (2 grants) and Washington, DC (2 grants).
Does Equity Residential Foundation give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on Equity Residential Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Equity Residential Foundation's largest grantees?
Equity Residential Foundation's largest 2025 grantees include Mercy Housing California ($40,000), Ferguson Charitable Foundation ($25,000) and Innovation Network for Communities ($20,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($15,000), which are not listed by name. Together they received 52% of its itemized 2025 grant dollars.
How large is Equity Residential Foundation?
Equity Residential Foundation reported $2.9M in total assets on its 2025 IRS Form 990-PF. It paid out $169K in qualifying distributions that year, against a required minimum of $179K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Equity Residential Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include support for affordable housing, youth education and career readiness, climate planning, disaster relief, and health research and awareness. See mission & focus areas ↑
How do I apply for a grant from Equity Residential Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Equity Residential Foundation's EIN?
Equity Residential Foundation's EIN (Employer Identification Number) is 36-4478772. IRS Form 990 filing data is available on this page for 2019–2025.
Does Equity Residential Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS August 17, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 23, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 17, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 21, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 17, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Equity Residential Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Equity Residential Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Equity Residential Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/equity-residential-foundation-morg_d432226986e94458b59fed8f10980787
BibTeX
@misc{grantable_364478772_2026,
author = {{Grantable}},
title = {{Equity Residential Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/equity-residential-foundation-morg_d432226986e94458b59fed8f10980787},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Equity Residential Foundation'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.
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