THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING, AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE, AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+19.4% YoY
Annual Giving
$700K
+40.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$700K
+40.0% YoY
About Illinois Policy Institute
Based on IRS filings
Illinois Policy Institute is a nonprofit organization focused on Public, Societal Benefit, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 1 grants totaling $700K. Net investment income was $90K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,148,910 | $2,638,119 | $2,835,179 |
| Revenue | $8,092,270 | $7,407,587 | $5,289,743 |
| Expenses | $7,481,285 | $7,361,727 | $7,796,504 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $90,399 | $27,613 | $316 |
| 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
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bradley Impact Fund ($700,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BRADLEY IMPACT FUND MILWAUKEE, WI | GRANT TO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES AS THE INSTITUTE | $700,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN TILLMAN | CHAIRMAN | 5 | — |
| MARK MILLER | SECRETARY | 1 | — |
| ART MARGULIS | TREASURER | 1 | — |
| SHERRY STREET | DIRECTOR | 1 | — |
| SARA ALBRECHT | DIRECTOR | 1 | — |
| ED BACHRACH | VICE CHAIRMAN | 1 | — |
| RICHARD WEISS | DIRECTOR | 1 | — |
| CRAIG MANSKE | DIRECTOR | 1 | — |
| MATTHEW PAPROCKI | PRESIDENT AND CEO | 28 | $279,426 |
| AMY KORTE | EXECUTIVE VP | 30 | $133,196 |
| JAMES LONG | VP OF GOVERNMENT AFF | 24 | $77,270 |
| CHRISTOPHER ANDRIESEN | VP OPERATIONS | 28 | $91,016 |
| HILARY YELVINGTON | SENIOR VICE PRESIDENT | 30 | $120,014 |
| AUSTIN JACK | VP OF EXTERNAL RELATIONS | 38 | $179,387 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Illinois Policy Institute?
Illinois Policy Institute is a nonprofit organization focused on Public, Societal Benefit, based in CHICAGO, IL. It holds $3.1M in total assets as of 2024.
How large is Illinois Policy Institute?
As of 2024, Illinois Policy Institute holds $3.1M in total assets with $8.1M in annual revenue. It awarded 1 grants totaling $700K in 2024.
Where does Illinois Policy Institute operate?
Illinois Policy Institute has awarded grants in Illinois, Virginia, Wisconsin.
What size grants does Illinois Policy Institute award?
In 2024, Illinois Policy Institute awarded 1 grants totaling $700K — an average of about $700K per grant, based on its IRS Form 990 filings.
What is Illinois Policy Institute's EIN?
Illinois Policy Institute's EIN (Employer Identification Number) is 41-2057028. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Illinois Policy Institute'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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