Fifth Third Chicagoland Foundation
Fifth Third Chicagoland Foundation is a private foundation based in Rosemont, Illinois, and its filing type is Form 990-PF. Its 2023 filing is marked as a final return, so the foundation appears to have wound down or stopped grantmaking.
Fifth Third Chicagoland Foundation at a glance
In short: Fifth Third Chicagoland Foundation gave $1.5M across 38 grants in 2023 (avg $39K), mostly in Illinois. 11% of 2023 grantees were new. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $1,466,508
- -60.4% vs 2022
- Grants made (2023)
- 38
- -62.0% vs 2022
- Average grant
- $38,592
- +4.1% vs 2022
- Median grant
- $20,000
- New grantees (estimate)
- 11% first-time grantees (4 of 38, 2023)
- Primary geography
- Illinois (98% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Fifth Third Chicagoland Foundation
- Invitation Only
-
The filing states that the foundation uses an online application by invitation. It gives no deadline and says awards are designed to serve the Greater Chicagoland area. The filing also says the foundation does not restrict giving to preselected organizations.
- Review Cycle
- None stated.
- Deadline
- None stated.
- Contact
Application contact: Carol A Wright
Mailing address: 38 Fountain Square Plaza 1090Vd, Cincinnati, OH 45202
Phone: (513) 534-5456
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fifth Third Chicagoland Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
The largest 2023 recipient was Claretian Associates ($522K). Together the top 10 received $987K.
Grant Size Distribution
311 grants across all recorded years
The most common grant size was under $50K: 265 grants of 311 (85%).
Geographic Focus
Where this funder awards grants
The filing says awards are designed to serve the Greater Chicagoland area. In 2023, 98% of grant dollars went to recipients in Illinois, 1% to Massachusetts, and 1% to Indiana.
Grant Distribution by State
Share of 2023 grant dollars across all 38 itemized grants.
Cities
Is Fifth Third Chicagoland Foundation open to new grantees?
11%
first-time grantees, 2023
In 2023, 4 of 38 grantees (11%) were first-time recipients. First grants averaged $26K; repeat grants $40K. How we count
Medians: $25K first-time, $20K repeat.
- 76% of 2023 grantees were also funded in 2022. Method
- Giving fell 60% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2023). 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 2020 to 2023, annual grant giving ranged from $1.5M (2023) to $3.7M (2022). In 2023 it made 38 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Claretian Associates Chicago, IL | Community | $522,000 |
| World Business Chicago Chicago, IL | Community | $100,000 |
| Allies for Community Business Chicago, IL | Community | $75,000 |
| The Resurrection Project Chicago, IL | Community | $50,000 |
| Greater Chicago Food Depository Chicago, IL | Community | $45,000 |
| Bickerdike Redevelopment Corp Chicago, IL | Community | $40,000 |
| Dominican University River Forest, IL | Education | $40,000 |
| The Thresholds Chicago, IL | Community | $40,000 |
| Woodstock Institute Chicago, IL | Community | $40,000 |
| Housing Opportunities for Women Chicago, IL | Affordable Housing | $35,000 |
Ready to take the next step with Fifth Third Chicagoland Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $33,921 | $1,502,831 | $1,466,508 | 38 | $1,493,448 | $32,403 | $22,554 |
| 2022 | $1,469,413 | $202,801 | $3,749,035 | $3,707,475 | 100 | $3,720,464 | $225,044 | $187,924 |
| 2021 | $5,015,648 | $105,177 | $3,464,901 | $3,405,069 | 82 | $3,422,074 | $86,358 | $339,599 |
| 2020 | $8,375,373 | $180,684 | $3,769,939 | $3,666,002 | 91 | — | $126,224 | $483,757 |
Under IRS private-foundation payout rules, Fifth Third Chicagoland Foundation reported a distributable amount of $23K for 2023 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2023 grants included support for organizations whose own missions span several fields. For example, World Business Chicago describes itself as an economic development agency focused on inclusive growth and job creation, while Allies for Community Business says it provides entrepreneurs with capital, coaching, and connections. The Resurrection Project describes work supporting individuals and families in achieving social and economic aspirations and stable homes. The Greater Chicago Food Depository says its mission is to end hunger.
Other 2023 recipients include Woodstock Institute, which describes its work as promoting a just financial system and economic security; Bickerdike Redevelopment Corporation, which says it develops and manages affordable housing and provides services to seniors and people with disabilities; Dominican University, which provides degree programs; and Thresholds, which provides behavioral and primary health care for people living with mental health and substance use conditions.
Grantmaking
In 2023, the foundation reported 38 grants totaling $1,466,508. Grants ranged from $7,254 to $522,000, with a median grant of $20,000. The largest awards included $522,000 to Claretian Associates, $100,000 to World Business Chicago, $75,000 to Allies for Community Business, $50,000 to The Resurrection Project, and $45,000 to the Greater Chicago Food Depository. Other notable awards were $40,000 each to Bickerdike Redevelopment Corporation, Dominican University, Thresholds, and Woodstock Institute, and $35,000 to Housing Opportunities for Women.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2023 filing lists Heidi B. Jark as president, secretary, and director; Michael F. Kennedy as vice president, treasurer, and director; and Mark Hoppe as director.
Fifth Third Chicagoland Foundation is led by Heidi B. Jark, President, Secretary & Director since 2021 (on filings since 2020); none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Heidi B. Jark
President, Secretary & Director
President & Director → President, Secretary & Director, 2021
On filings since 2020
8 hrs/week
No compensation reported
Michael F. Kennedy
Vice President, Treasurer & Director
Treasurer & Director → Vice President, Treasurer & Director, 2021
On filings since 2020
4 hrs/week
No compensation reported
Mark Hoppe
Director
On filings since 2021
4 hrs/week
No compensation reported
Former officers (2)
- Former: Nicole Johnson-Scales (2020–2021) — Vice President, Secretary & Director · Filing note: Thru April 30
- Former: Deborah Kobak (2020) — Director
Data from IRS Form 990 filings, 2020–2023. "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 Fifth Third Chicagoland Foundation
How much does Fifth Third Chicagoland Foundation give each year?
Fifth Third Chicagoland Foundation gave $1.5M across 38 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $3.7M across 100 grants.
What is Fifth Third Chicagoland Foundation's typical grant size?
Fifth Third Chicagoland Foundation's median grant in 2023 was $20,000, and its average grant was $38,592, across 38 grants on its 2023 IRS Form 990-PF. Organizations receiving their first grant from Fifth Third Chicagoland Foundation that year got $26K on average.
Where does Fifth Third Chicagoland Foundation give grants?
Fifth Third Chicagoland Foundation gives mostly in Illinois: 98% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (29 grants).
Does Fifth Third Chicagoland Foundation give general operating support?
Not in 2023: none of the 38 grants with a stated purpose on Fifth Third Chicagoland Foundation's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community" (25 grants), "Affordable Housing" (5 grants) and "Community Service" (4 grants).
Who are Fifth Third Chicagoland Foundation's largest grantees?
Fifth Third Chicagoland Foundation's largest 2023 grantees include Claretian Associates ($522,000), World Business Chicago ($100,000) and Allies for Community Business ($75,000), according to its 2023 IRS Form 990-PF. Together they received 48% of its itemized 2023 grant dollars.
What does Fifth Third Chicagoland Foundation fund?
No mission statement for the foundation is provided. Its 2023 grants included support for organizations whose own missions span several fields. See mission & focus areas ↑
How do I apply for a grant from Fifth Third Chicagoland Foundation?
The filing states that the foundation uses an online application by invitation. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Fifth Third Chicagoland Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Fifth Third Chicagoland Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fifth Third Chicagoland Foundation's EIN?
Fifth Third Chicagoland Foundation's EIN (Employer Identification Number) is 20-3216854. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 27, 2022)
- IRS filings on file for fiscal years 2020–2023
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