Imc Chicago Charitable Foundation
The IMC Chicago Charitable Foundation is a private grantmaking foundation and corporate foundation based in Chicago, Illinois. Established in 2008 when IMC Trading expanded to Chicago, the foundation was inspired by the success of the IMC Weekend School in Amsterdam, which serves over 1,000 students across the Netherlands. The foundation is funded by 2% of IMC Trading's annual profits from their Chicago office.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$43.7M
+4.7% YoY
Annual Giving
$15.4M
-12.8% YoY
Grant Count
99
+16.5% YoY
Avg Grant Size
$156K
-25.2% YoY
Mission & Focus Areas
Mission: To provide young people with opportunities that help them reach their full potential.
The foundation's funding strategy centers on three main approaches:
- Supporting schools — Enhancing educational opportunities within Chicago's public school system
- Funding life-skills programs — Developing programs that build essential skills for young people
- Investing in early childhood development — Supporting early education initiatives
The foundation places special emphasis on programs that promote college readiness, STEM education, and broadening student horizons.
Grantmaking
The foundation does not accept unsolicited grant proposals. Organizations are selected through strategic partnerships and employee nominations.
Grant Range
$10,000 to $6.0 million
Average Grant
approximately $208,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily focuses on Chicago public schools and communities, with some national and international giving through strategic partnerships. Recent grantmaking data indicates funding activity in Illinois, New York, and California.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $43,735,748
- Total Revenues: $18,212,477
- Total Expenses: $16,347,271
- Total Giving: $15,418,034
As of 2023:
- Total Assets: $41.8 million
- Revenue: $24.2 million
- Expenses: $18.6 million
- Annual Giving: $17,690,081
As of 2023:
- Total Liabilities: $578,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $43,735,748 | $41,785,446 | $35,521,479 |
| Revenue | $18,212,477 | $24,198,334 | $19,344,379 |
| Expenses | $16,347,271 | $18,575,906 | $11,077,357 |
| Qualifying Distributions | $16,193,103 | $18,455,294 | $10,840,568 |
| Net Investment Income | $1,241,780 | $1,622,576 | $811,365 |
| Distributable Amount | $2,278,666 | $2,054,863 | $1,664,269 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA WIERSMA | DIRECTOR FOUNDATION MANAGER | 35 | $85,742 |
| ADAM ARENTS | VICE PRESIDENT | 40 | $118,799 |
| OSIAS LILIAN | TREASURER DIRECTOR | 1 | — |
| ROBERT LEV | ASSISTANT SECRETARY | 1 | — |
| ANDREW LARSEN | DIRECTOR | 1 | $24,000 |
| PAUL JIGANTI | DIRECTOR | 1 | — |
| SUNDEEP KHIANI | DIRECTOR | 1 | — |
| ANDREW STEVENS | DIRECTOR | 1 | — |
| CHRISTINE HANSEN | DIRECTOR | 1 | — |
Contact Information
Address: 233 S Wacker Dr Ste 4300, Chicago, IL 60606-6377
Phone: 312-244-3300
Website: www.imc.com/us/positive-impact/giving-back/Chicago-charitable-foundation
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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