IMC Chicago Charitable Foundation
IMC Chicago Charitable Foundation is a private foundation based in Chicago, Illinois. In its 2025 filing, it reported grants to charitable organizations, direct charitable activities involving supplies donated to schools and youth-development nonprofits, and an impact investment supporting the growth of impact enterprises in the Chicago region.
IMC Chicago Charitable Foundation at a glance
In short: IMC Chicago Charitable Foundation gave $21.5M across 47 grants in 2025 (avg $458K), mostly in Delaware. 47% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $21,527,008
- +39.6% vs 2024
- Grants made (2025)
- 47
- -52.5% vs 2024
- Average grant
- $458,021
- +194.1% vs 2024
- Median grant
- $4,476
- Total assets
- $55,977,809
- +28.0% vs 2024
- New grantees (estimate)
- 47% first-time grantees (22 of 47, 2025)
- Primary geography
- Delaware (83% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to IMC Chicago Charitable Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 233 S Wacker Drive Ste 4300, Chicago, IL 60606
Phone: (312) 244-3300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who IMC Chicago Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was American Online Giving Foundation ($17.8M). Together the top 10 received $21.4M.
Grant Size Distribution
437 grants across all recorded years
The most common grant size was under $50K: 391 grants of 437 (89%).
Geographic Focus
Where this funder awards grants
The foundation is based in Chicago. In 2025, 83% of grant dollars went to recipients in Delaware, 13% to California, and 3% to Illinois; the remaining reported shares were listed as 0% for an unspecified state entry and 0% for the District of Columbia. The largest grant was to American Online Giving Foundation in Newark, Delaware. The filing also describes an impact investment supporting an initiative operating throughout the Chicago region.
Grant Distribution by State
Share of 2025 grant dollars across all 47 itemized grants.
States
Cities
Is IMC Chicago Charitable Foundation open to new grantees?
47%
first-time grantees, 2025
In 2025, 22 of 47 grantees (47%) were first-time recipients. First grants averaged $13K; repeat grants $850K. How we count
Medians: $4K first-time, $5K repeat.
- 43% of 2025 grantees were also funded in 2024. Method
- Giving grew 102% from 2022 to 2025. Method
- In 2025 it paid out 767% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $9.6M (2021) to $21.5M (2025). In 2025 it made 47 grants totaling $21.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Online Giving Foundation Newark, DE | Distributed to Public Charities via Benevity Grants Platform | $17,756,926 |
| Room to Read San Francisco, CA | Education | $2,845,678 |
| University of Chicago Chicago, IL | General Support | $500,000 |
| Mundo De Talentos Asociacion | General Support | $75,000 |
| Small Moves Foundation Chicago, IL | General Support | $50,000 |
| World Wildlife Fund Washington, DC | General Support | $45,729 |
| Small Grants and Assistance Chicago, IL | General Support | $27,971 |
| Northwestern University Evanston, IL | General Support | $25,000 |
| St Joseph Catholic School Downers Grove, IL | Education | $14,569 |
| Shirley Ryan Abilitylab Chicago, IL | General Support | $13,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $55,977,809 | $35,328,294 | $22,685,063 | $21,527,008 | 47 | $22,473,667 | $3,088,728 | $2,928,643 |
| 2024 | $43,735,748 | $18,212,477 | $16,347,271 | $15,418,034 | 99 | $16,193,103 | $1,241,780 | $2,278,666 |
| 2023 | $41,785,446 | $24,198,334 | $18,575,906 | $17,690,081 | 85 | $18,455,294 | $1,622,576 | $2,054,863 |
| 2022 | $35,521,479 | $19,344,379 | $11,077,357 | $10,654,578 | 72 | $10,840,568 | $811,365 | $1,664,269 |
| 2021 | $26,881,163 | $13,786,600 | $10,289,276 | $9,553,538 | 134 | $10,188,568 | $1,091,701 | $1,386,523 |
| 2020 | $23,329,925 | $19,592,893 | $14,225,464 | $13,853,127 | 279 | — | $455,900 | $1,015,880 |
Under IRS private-foundation payout rules, IMC Chicago Charitable Foundation reported a distributable amount of $2.9M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available statements do not give a formal mission for the foundation. Its 2025 filing describes direct charitable activity that includes purchasing and donating supplies to schools and youth-development nonprofits. It also describes an impact investment supporting an initiative to finance the growth of Chicago-region impact enterprises, with stated aims to build wealth, create jobs, and enhance job readiness.
The 2025 grants include support for education and general operations. Room to Read, which received $2,845,678, describes its mission as working toward a world free from illiteracy and gender inequality, where children can read, learn, and grow. The University of Chicago, which received $500,000, describes its mission as communicating and creating knowledge and fostering a community of scholars and students. Other supported organizations describe work in nature conservation, children’s inclusion and empowerment, educational and civic development for Chicago youth, and access to books for children.
Grantmaking
In filing year 2025, the foundation reported 47 grants totaling $21,527,008. Grant amounts ranged from $2,058 to $17,756,926, with a median of $4,476.
The largest reported grants included $17,756,926 to American Online Giving Foundation, $2,845,678 to Room to Read for education, and $500,000 to the University of Chicago for general support. Other grants included $75,000 to Mundo de Talentos Asociacion for general support, $50,000 to Small Moves Foundation for general support, and $45,729 to World Wildlife Fund for general support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Lisa Wiersma as director and foundation manager; Adam Arents as vice president; Osias Lilian as treasurer and director; and Robert Lev as assistant secretary. It also lists Andrew Larsen, Paul Jiganti, Sundeep Khiani, Andrew Stevens, and Christine Hansen as directors.
IMC Chicago Charitable Foundation's 2025 filing lists 9 officers; 4 of 9 officers listed in 2025 are compensated.
Officers on the 2025 filing
Andrew Larsen
Director
On filings since 2020
1 hr/week
$23K (2023) → $25K (2025)
Lisa Wiersma
Director Foundation Manager
Director & Foundation Manag → Director Foundation Manager, 2023
On filings since 2020
35 hrs/week
$68K (2020) → $115K (2025)
Sundeep Khiani
Director
On filings since 2020
1 hr/week
$13K (2025)
Andrew Stevens
Director
On filings since 2020
1 hr/week
No compensation reported
Osias Lilian
Treasurer Director
Treasurer & Director → Treasurer Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Paul Jiganti
Director
On filings since 2020
1 hr/week
No compensation reported
Christine Hansen
Director
On filings since 2023
1 hr/week
No compensation reported
Adam Arents
Vice President
On filings since 2020
40 hrs/week
$90K (2020) → $128K (2025)
Robert Lev
Assistant Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $128K, to Adam Arents (Vice President). 4 officers or directors reported compensation on that filing.
Frequently asked questions about IMC Chicago Charitable Foundation
How much does IMC Chicago Charitable Foundation give each year?
IMC Chicago Charitable Foundation gave $21.5M across 47 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15.4M across 99 grants.
What is IMC Chicago Charitable Foundation's typical grant size?
IMC Chicago Charitable Foundation's median grant in 2025 was $4,476, and its average grant was $458,021, across 47 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from IMC Chicago Charitable Foundation that year got $13K on average.
Where does IMC Chicago Charitable Foundation give grants?
IMC Chicago Charitable Foundation gives mostly in Delaware: 83% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (13%). The most frequent recipient cities were Chicago, IL (18 grants), New York, NY (3 grants), Washington, DC (2 grants) and Arlington, VA (2 grants).
Does IMC Chicago Charitable Foundation give general operating support?
Yes: 94% of IMC Chicago Charitable Foundation's 2025 grants with a stated purpose (44 of 47) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are IMC Chicago Charitable Foundation's largest grantees?
IMC Chicago Charitable Foundation's largest 2025 grantees include American Online Giving Foundation ($17,756,926), Room to Read ($2,845,678) and University of Chicago ($500,000), according to its 2025 IRS Form 990-PF. Together they received 98% of its itemized 2025 grant dollars.
How large is IMC Chicago Charitable Foundation?
IMC Chicago Charitable Foundation reported $56.0M in total assets on its 2025 IRS Form 990-PF. It paid out $22.5M in qualifying distributions that year, against a required minimum of $2.9M (roughly 5% of its investment assets).
What does IMC Chicago Charitable Foundation fund?
The available statements do not give a formal mission for the foundation. Its 2025 filing describes direct charitable activity that includes purchasing and donating supplies to schools and youth-development nonprofits. See mission & focus areas ↑
How do I apply for a grant from IMC Chicago Charitable Foundation?
The foundation states that it does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is IMC Chicago Charitable Foundation's EIN?
IMC Chicago Charitable Foundation's EIN (Employer Identification Number) is 26-1416954. IRS Form 990 filing data is available on this page for 2020–2025.
Does IMC Chicago Charitable Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in IMC Chicago Charitable Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). IMC Chicago Charitable Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/imc-chicago-charitable-foundation-morg_b94324fe6adc4440a71de94e4e8ce68e
BibTeX
@misc{grantable_261416954_2026,
author = {{Grantable}},
title = {{IMC Chicago Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/imc-chicago-charitable-foundation-morg_b94324fe6adc4440a71de94e4e8ce68e},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from IMC Chicago Charitable Foundation'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.
IMC Chicago Charitable Foundation down — hundreds of funders to go?