Illinois Policy Institute
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.
Illinois Policy Institute at a glance
In short: Illinois Policy Institute gave $700K across 1 grant in 2024 (avg $700K), mostly in Wisconsin. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $700,000
- +40.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $700,000
- +40.0% vs 2023
- Median grant
- $700,000
- Total assets
- $3,148,910
- +19.4% vs 2023
- Primary geography
- Wisconsin (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Illinois Policy Institute funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Bradley Impact Fund ($700K).
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 3 grants of 9 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Illinois Policy Institute gives
- Giving fell 83% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $500K (2023) to $4.2M (2021). In 2024 it made 1 grant totaling $700K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bradley Impact Fund Milwaukee, WI | Grant to other organization that shares the same principles as the institute | $700,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $3,148,910 | $8,092,270 | $7,481,285 | $700,000 | 1 | $90,399 |
| 2023 | $2,638,119 | $7,407,587 | $7,361,727 | $500,000 | 1 | $27,613 |
| 2022 | $2,835,179 | $5,289,743 | $7,796,504 | $995,000 | 1 | $316 |
| 2021 | $6,879,470 | $9,912,518 | $9,612,672 | $4,168,194 | 3 | $22,524 |
| 2020 | $3,766,978 | $7,500,535 | $7,293,409 | $1,429,500 | 3 | $4,664 |
About Illinois Policy Institute
Based on IRS filings
Illinois Policy Institute is a public charity focused on public and 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 grant totaling $700K. Net investment income was $90K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Illinois Policy Institute is led by Matthew Paprocki, President & CEO since 2024 (on filings since 2020); 6 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
Matthew Paprocki
President & CEO
President → President & CEO, 2024
On filings since 2020
28 hrs/week
$232K (2020) → $279K (2024)
John Tillman
Chairman
CEO & Chairman → Chairman, 2021
On filings since 2020
5 hrs/week
$416K (2020) → $0 (2024)
Craig Manske
Director
On filings since 2020
1 hr/week
No compensation reported
Richard T. Weiss
Director
On filings since 2020
1 hr/week
No compensation reported
Sara Albrecht
Director
On filings since 2020
1 hr/week
No compensation reported
Sherry Street
Director
On filings since 2020
1 hr/week
No compensation reported
Hilary Yelvington
Senior Vice President
Vice President-Communicati → Vice President of Communications, 2021
Vice President of Communications → Senior Vice President, 2024
On filings since 2020
30 hrs/week
$76K (2020) → $120K (2024)
Amy Korte
Executive Vice President
Director of Policy → Executive Vice President, 2023
On filings since 2022
30 hrs/week
$93K (2022) → $133K (2024)
James Long
Vice President of Government Aff
Director of Government Aff → Vice President of Government Aff, 2023
On filings since 2022
24 hrs/week
$71K (2022) → $77K (2024)
Christopher Andriesen
Vice President Operations
On filings since 2023
28 hrs/week
$84K (2023) → $91K (2024)
Austin Jack
Vice President of External Relations
New on the 2024 filing
38 hrs/week
$179K (2024)
Art Margulis
Treasurer
Director & Treasurer → Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Ed Bachrach
Vice Chairman
Director & Vice Chairman → Vice Chairman, 2021
On filings since 2020
1 hr/week
No compensation reported
Mark Miller
Secretary
Director & Secretary → Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Former officers (9)
- Former: Mailee Smith (2023) — Staff Attorney
- Former: Adam Schuster (2022) — Vice President
- Former: Elizabeth Shydlowski (2022) — External Relations Officer
- Former: Korte Amy (2021) — Director of Policy
- Former: Long James (2021) — Director of Government Affairs
- Former: Orphe Divounguy (2021) — Chief Economist
- Former: Shydlowski Elizabeth (2021) — External Relations Officer
- Former: Emily McCallister (2020) — Vice President-External Re
- Former: William Rohe (2020) — CFO
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $279K, to Matthew Paprocki (President and CEO). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Illinois Policy Institute
How much does Illinois Policy Institute give each year?
Illinois Policy Institute gave $700K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $500K across 1 grant.
How large is Illinois Policy Institute?
Illinois Policy Institute reported $3.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $8.1M.
What is Illinois Policy Institute?
Illinois Policy Institute is a public charity focused on public and societal benefit, based in Chicago, IL. It holds $3.1M in total assets as of 2024.
Where does Illinois Policy Institute operate?
Illinois Policy Institute has awarded grants in Illinois, Virginia, Wisconsin.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS February 23, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Illinois Policy Institute funds
Public, Societal Benefit Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Illinois Policy Institute's focus areas in our free grants database
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Figures come from Illinois Policy Institute's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Illinois Policy Institute down — hundreds of funders to go?