Fifth Third Chicagoland Foundation
Fifth Third Chicagoland Foundation is a private independent foundation established in 2006 and based in Rosemont, Illinois. It is a company-sponsored foundation affiliated with Fifth Third Bank, operating as a 501(c)(3) organization designated for philanthropic and grantmaking purposes.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.5M
-60.4% YoY
Grant Count
38
-62.0% YoY
Avg Grant Size
$39K
+4.1% YoY
Mission & Focus Areas
The foundation supports organizations involved with preservation, health, mental health, housing, human services, community economic development, and civic affairs. Special emphasis is directed toward programs designed to serve low- and moderate-income communities and households.
Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community Development
- Health and Mental Health
- Housing
- Civic Affairs
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation is headquartered in Rosemont, Illinois, with a primary focus on the Chicagoland region and broader service areas including Illinois, Massachusetts, and Indiana.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent 2023 tax filing:
- Total Assets: $0
- Total Giving: $1,466,508
- Revenue: $33,900
The foundation filed a final return as of 2023.
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $1,469,413 | $5,015,648 |
| Revenue | $33,921 | $202,801 | $105,177 |
| Expenses | $1,502,831 | $3,749,035 | $3,464,901 |
| Qualifying Distributions | $1,493,448 | $3,720,464 | $3,422,074 |
| Net Investment Income | $32,403 | $225,044 | $86,358 |
| Distributable Amount | $22,554 | $187,924 | $110,012 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
Grant Size Distribution
188 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HEIDI B JARK | PRESIDENT, SECRETARY & DIRECTOR | 8 | — |
| MICHAEL F KENNEDY | VICE PRESIDENT, TREASURER & DIRECTOR | 4 | — |
| MARK HOPPE | DIRECTOR | 4 | — |
Recent News & Activity
Recent developments and announcements
Fifth Third Bank's broader community investment strategy includes the Neighborhood Program, a multi-year, place-based approach aimed at accelerating revitalization in nine historically underinvested communities within Fifth Third's footprint. In South Chicago specifically, Fifth Third committed up to $20 million in lending and investment for affordable housing, small business development, and community-driven projects, working in collaboration with residents and local partners.
Fifth Third Builds a New Model for\_Community Development in South Chicago\Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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