Heart and Mind Foundation
HEART AND MIND FOUNDATION IS A CHARITABLE ORGANIZATION ESTABLISHED TO RECEIVE AND MANAGE GIFTS AND BEQUESTS IN SUPPORT OF HOLY TRINITY HIGH SCHOOL IN CHICAGO. IT IS INTENDED TO SERVE THE EDUCATION OF CHILDREN NOW AND BEYOND OUR LIFETIMES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.6M
-17.9% YoY
Annual Giving
$3.2M
+147.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$3.2M
+147.7% YoY
About Heart and Mind Foundation
Based on IRS filings
Heart and Mind Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 1 grants totaling $3.2M. Net investment income was $542K.
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 | $5,564,575 | $6,774,410 | $6,776,648 |
| Revenue | $1,734,886 | $742,369 | $1,532,957 |
| Expenses | $3,348,996 | $1,330,140 | $1,531,687 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $542,309 | $75,952 | $286,722 |
| 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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Holy Trinity High School ($3,233,393).
| Recipient | Purpose | Amount |
|---|---|---|
| HOLY TRINITY HIGH SCHOOL CHICAGO, IL | EDUCATIONAL SCHOLARSHIPS, CAPITAL IMPROVEMENT PROJECTS, DEVELOPMENT OR EXPANSION OF EDUCATIONAL PROGRAMS. | $3,233,393 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY BOPP | EXECUTIVE DIRECTOR (THRU JUNE 2024) | 1 | — |
| JOHN RAITT | CHAIR | 1 | — |
| PHIL DOETSCH | DIRECTOR | 1 | — |
| KATIE SULLIVAN | DIRECTOR | 1 | — |
| KATRINA KING | SECRETARY/TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Heart and Mind Foundation?
Heart and Mind Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $5.6M in total assets as of 2024.
How large is Heart and Mind Foundation?
As of 2024, Heart and Mind Foundation holds $5.6M in total assets with $1.7M in annual revenue. It awarded 1 grants totaling $3.2M in 2024.
Where does Heart and Mind Foundation operate?
Heart and Mind Foundation has awarded grants in Illinois.
What size grants does Heart and Mind Foundation award?
In 2024, Heart and Mind Foundation awarded 1 grants totaling $3.2M — an average of about $3.2M per grant, based on its IRS Form 990 filings.
What is Heart and Mind Foundation's EIN?
Heart and Mind Foundation's EIN (Employer Identification Number) is 36-4404961. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Heart and Mind Foundation'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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