Invest for Kids Inc
Invest for Kids Inc is a public charity based in Chicago, Illinois, that raises funds through an annual investment conference and awards grants to support Chicago-area children’s charities. The organization’s stated mission is to raise funds benefiting Chicago-area children’s charities.
Invest for Kids Inc at a glance
In short: Invest for Kids Inc gave $1.7M across 13 grants in 2024 (avg $135K), mostly in Illinois. 54% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,749,100
- +4.2% vs 2023
- Grants made (2024)
- 13
- -7.1% vs 2023
- Average grant
- $134,546
- +12.2% vs 2023
- Median grant
- $200,000
- Total assets
- $719,279
- +2.5% vs 2023
- New grantees (estimate)
- 54% first-time grantees (7 of 13, 2024; small sample)
- Primary geography
- Illinois (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Invest for Kids Inc
- How to Apply
-
The 2026 cycle is closed. The website says to check back for information about the next process. Applicants are evaluated on programming quality, leadership, board commitment, and measurable results.
- Contact
Mailing address: 875 N Michigan Ave Suite 3400, Chicago, IL 60611
Phone: (312) 664-5050
Website: https://investforkidschicago.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
2 open opportunities from Invest for Kids Inc
Who Invest for Kids Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Atlas Fellows Inc ($200K). Together the top 10 received $1.7M.
Grant Size Distribution
76 grants across all recorded years
The most common grant size was in the $100–250K range: 37 grants of 76 (49%).
Geographic Focus
Where this funder awards grants
Invest for Kids says it supports Chicago-area nonprofits serving youth in low-income circumstances. In filing year 2024, 99% of grant dollars went to recipients in Illinois and 1% to recipients in Texas.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Is Invest for Kids Inc open to new grantees?
54%
first-time grantees, 2024
In 2024, 7 of 13 grantees (54%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $173K; repeat grants $90K. How we count
Medians: $200K first-time, $55K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). 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 2024, annual grant giving ranged from $1.1M (2021) to $1.9M (2022). In 2024 it made 13 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Atlas Fellows Inc Chicago, IL | To aid their exempt purpose | $200,000 |
| Camp For All Kids Chicago, IL | To aid their exempt purpose | $200,000 |
| Chicago Eco HouseNehemiahGrp Chicago, IL | To aid their exempt purpose | $200,000 |
| College Possible Chicago Chicago, IL | To aid their exempt purpose | $200,000 |
| Great Lakes Academy Inc Chicago, IL | To aid their exempt purpose | $200,000 |
| Ingenuity Incorporated Chicag Chicago, IL | To aid their exempt purpose | $200,000 |
| Legal Prep Charter Academies Chicago, IL | To aid their exempt purpose | $200,000 |
| Metro Squash Chicago, IL | To aid their exempt purpose | $200,000 |
| Chicago Scholars Chicago, IL | To aid their exempt purpose | $73,600 |
| IL Network of Charter Schools Chicago, IL | To aid their exempt purpose | $35,500 |
Ready to take the next step with Invest for Kids Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $719,279 | $2,186,831 | $2,169,325 | $1,749,100 | 13 | $67,064 |
| 2023 | $701,773 | $2,123,711 | $2,013,626 | $1,678,500 | 14 | $52,543 |
| 2022 | $591,688 | $2,013,591 | $2,271,396 | $1,935,500 | 18 | $9,413 |
| 2021 | $849,493 | $1,726,967 | $1,310,260 | $1,050,500 | 13 | $391 |
| 2020 | $432,786 | $1,568,409 | $1,590,026 | $1,346,340 | 18 | $-607 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
Invest for Kids’ 2024 filing describes its mission as raising funds to benefit Chicago-area children’s charities through an annual conference featuring investment managers. Its website says it supports Chicago-area nonprofits serving youth in low-income circumstances, with focus areas including education, mentoring, enrichment, college access and career readiness, health and physical fitness, and social services. It targets smaller organizations, generally with budgets of $1 million to $5 million.
Grantees’ own descriptions illustrate the range of supported work. MetroSquash describes its work as an out-of-school-time and college-success program for Chicagoland public school students with demonstrated need. Legal Prep Charter Academies says it prepares Chicago youth for college and life. Ingenuity says it works to ensure Chicago Public School students have access to arts education, while Camp for All Kids describes its work as supporting youth from underrepresented backgrounds to attend overnight summer camp.
Grantmaking
In filing year 2024, Invest for Kids reported 13 grants totaling $1,749,100. The reported grant-size median was $200,000, and the smallest and largest grants were $10,000 and $200,000, respectively. The organization’s website describes its average grant as $200,000.
Among the largest 2024 grants reported in the filing were $200,000 each to Atlas Fellows, Camp for All Kids, Chicago Eco House/Nehemiah Group, College Possible Chicago, Great Lakes Academy, Ingenuity, Legal Prep Charter Academies, and MetroSquash. Other listed recipients included Chicago Scholars ($73,600), Illinois Network of Charter Schools ($35,500), DePaul University ($20,000), and CareerSpring Foundation ($10,000).
The website’s eligibility criteria require applicants to serve Chicago-area youth in low-income circumstances, have had a budget of $1 million to $5 million in the last fiscal year, have existed for at least three years, and qualify as a 501(c)(3) charity. Chicago Board of Education- or State of Illinois-authorized charter schools may apply regardless of annual budget size. Prior recipients may apply again after a one-year waiting period. The selection process includes initial screening, interviews with organizational leadership, occasional site visits, and reference and fact checking. The website states that the 2026 application cycle is closed; it does not specify a deadline for a future cycle.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Benjamin Kovler as CEO, Treasurer, and Secretary; Ronald S. Levin as President and Director; and Brian T. Burke as CFO and Director.
Invest for Kids Inc is led by Benjamin Kovler, CEO, Tr & Secretary since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Benjamin Kovler
CEO, Tr & Secretary
Executive Director, CEO, Tr & Secretary → CEO, Tr & Secretary, 2021
On filings since 2020
2 hrs/week
No compensation reported
Ronald S Levin
President & Director
On filings since 2020
20 hrs/week
No compensation reported
Brian T Burke
CFO & Director
On filings since 2020
4 hrs/week
No compensation reported
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.
Frequently asked questions about Invest for Kids Inc
How much does Invest for Kids Inc give each year?
Invest for Kids Inc gave $1.7M across 13 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.7M across 14 grants.
What is Invest for Kids Inc's typical grant size?
Invest for Kids Inc's median grant in 2024 was $200,000, and its average grant was $134,546, across 13 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Invest for Kids Inc that year got $173K on average.
Where does Invest for Kids Inc give grants?
Invest for Kids Inc gives mostly in Illinois: 99% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Chicago, IL (12 grants).
Who are Invest for Kids Inc's largest grantees?
Invest for Kids Inc's largest 2024 grantees include Atlas Fellows Inc ($200,000), Camp For All Kids ($200,000) and Chicago Eco HouseNehemiahGrp ($200,000), according to its 2024 IRS Form 990. Together they received 34% of its itemized 2024 grant dollars.
How large is Invest for Kids Inc?
Invest for Kids Inc reported $719K in total assets on its 2024 IRS Form 990. Its revenue that year was $2.2M.
What does Invest for Kids Inc fund?
Invest for Kids’ 2024 filing describes its mission as raising funds to benefit Chicago-area children’s charities through an annual conference featuring investment managers. See mission & focus areas ↑
How do I apply for a grant from Invest for Kids Inc?
The 2026 cycle is closed. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Invest for Kids Inc's EIN?
Invest for Kids Inc's EIN (Employer Identification Number) is 27-0826182. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
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 November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 4, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Invest for Kids Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Invest for Kids Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Invest for Kids Inc funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/invest-for-kids-inc-morg_65a5052106204db7ab773e0d049c4e14
BibTeX
@misc{grantable_270826182_2026,
author = {{Grantable}},
title = {{Invest for Kids Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/invest-for-kids-inc-morg_65a5052106204db7ab773e0d049c4e14},
note = {Accessed 2026-10-21. 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 Invest for Kids Inc'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.
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