To raise funds that will benefit Chicago-area children's charities. The accomplishment of this mission is through an annual conference that raises money by presenting ideas from an elite group of successful investment managers.
Key facts about Invest for Kids Inc
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 filing.
- EIN
- 27-0826182
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $1,749,100
- Grants made (2024)
- 13
- Average grant
- $134,546
- Median grant
- $200,000
- New grantees (estimate)
- 54% first-time grantees (7 of 13, 2024)
- Total assets
- $719,279
- Primary geography
- Illinois (99% of itemized 2024 grant dollars)
- Next open deadline
- February 26, 2027 (Invest for Kids General Grant Program)
Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$719K
+2.5% YoY
Annual Giving
$1.7M
+4.2% YoY
Grant Count
13
-7.1% YoY
Avg Grant Size
$135K
+12.2% YoY
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. 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.
About Invest for Kids Inc
Based on IRS filings
Invest for Kids Inc is a nonprofit organization focused on Human Services, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $719K in total assets. In 2024, it awarded 13 grants totaling $1.7M. Net investment income was $67K.
Focus Areas
Open Grants
2 open opportunities from Invest for Kids Inc
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
Cities
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $719,279 | $701,773 | $591,688 |
| Revenue | $2,186,831 | $2,123,711 | $2,013,591 |
| Expenses | $2,169,325 | $2,013,626 | $2,271,396 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $67,064 | $52,543 | $9,413 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
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 filing. 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 filing. 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 filing 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 filing. 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 filing. Its revenue that year was $2.2M.
What is Invest for Kids Inc?
Invest for Kids Inc is a nonprofit organization focused on Human Services, based in Chicago, IL. It holds $719K in total assets as of 2024.
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 September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Invest for Kids Inc by hand.
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Invest for Kids Inc down — hundreds of funders to go?