FUNDRAISING AND GRANT GIVING, FOCUSED ON EDUCATION AND RESEARCH THAT WILL BENEFIT THE BUSINESS EVENTS INDUSTRY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
-12.6% YoY
Annual Giving
$230K
-14.0% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$230K
+244.1% YoY
About Foundation of the Professional
Based on IRS filings
Foundation of the Professional is a nonprofit organization focused on Education, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 1 grants totaling $230K. Net investment income was $594K.
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 | $6,268,027 | $7,175,357 | $8,536,458 |
| Revenue | $2,682,762 | $2,456,541 | $1,053,824 |
| Expenses | $2,253,973 | $2,448,969 | $1,164,678 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $593,621 | $485,667 | $472,022 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Open Grants
7 open opportunities from Foundation of the Professional
Chris Wehking Education Scholarship Fund
FOUNDATION OF THE PROFESSIONAL
Amount
Varies
Deadline
Rolling / Open
PCMA Foundation Charitable Giving - Hospitality Helping Hands
FOUNDATION OF THE PROFESSIONAL
Amount
Varies
Deadline
Rolling / Open
PCMA Foundation Legacy Society Scholarship
FOUNDATION OF THE PROFESSIONAL
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Professional Convention Management Association ($230,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PROFESSIONAL CONVENTION MANAGEMENT ASSOCIATION CHICAGO, IL | RESEARCH AND R&D GRANT | $230,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LEONARD HOOPS | CHAIR | 2 | — |
| NEIL BROWNLEE | CHAIR-ELECT | 2 | — |
| KELLY RICKER | SECRETARY-TREASURER | 2 | — |
| DESIREE KNIGHT | IMMEDIATE PAST CHAIR | 2 | — |
| DEBOARAH CALDWELL | DIRECTOR/TRUSTEE | 2 | — |
| GREGG CAREN | DIRECTOR/TRUSTEE | 2 | — |
| DR AMANDA CECIL | DIRECTOR/TRUSTEE | 2 | — |
| PATRICK ESPINOZA | DIRECTOR/TRUSTEE | 2 | — |
| FERNANDO FONDEVILA | DIRECTOR/TRUSTEE | 2 | — |
| SHAMEKA JENNINGS | DIRECTOR/TRUSTEE | 2 | — |
| BRIAN LANDERS | DIRECTOR/TRUSTEE | 2 | — |
| GLADYS O'MAHONY | DIRECTOR/TRUSTEE | 2 | — |
| PETER O'NEIL | DIRECTOR/TRUSTEE | 2 | — |
| STEPHEN ROSE | DIRECTOR/TRUSTEE | 2 | — |
| PANOS TZIVANIDIS | DIRECTOR/TRUSTEE | 2 | — |
| AMY WALTER | DIRECTOR/TRUSTEE | 2 | — |
| CLIFFORD RIPPETOE | DIRECTOR/TRUSTEE | 2 | — |
| KATHLEEN WARDEN | DIRECTOR/TRUSTEE | 2 | — |
| SHERRIF KARAMAT | CEO & PRESIDENT | 8 | — |
| MEREDITH ROLLINS | CHIEF COMMUNITY OFFICER | 20 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation of the Professional?
Foundation of the Professional is a nonprofit organization focused on Education, based in CHICAGO, IL. It holds $6.3M in total assets as of 2024.
How large is Foundation of the Professional?
As of 2024, Foundation of the Professional holds $6.3M in total assets with $2.7M in annual revenue. It awarded 1 grants totaling $230K in 2024.
Where does Foundation of the Professional operate?
Foundation of the Professional has awarded grants in Alabama, Arizona, California, District of Columbia, Iowa, Illinois, Louisiana, Maryland, Nevada, New York, Oregon, Pennsylvania.
What size grants does Foundation of the Professional award?
In 2024, Foundation of the Professional awarded 1 grants totaling $230K — an average of about $230K per grant, based on its IRS Form 990 filings.
What is Foundation of the Professional's EIN?
Foundation of the Professional's EIN (Employer Identification Number) is 52-9999947. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation of the Professional's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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