John D and Alexandra Nichols Family

WINNETKA, IL EIN: 36-3858388

The John D and Alexandra C Nichols Family Foundation is a private foundation established in 1992 and based in Winnetka, Illinois. The foundation serves as the primary philanthropic vehicle for John D. Nichols, the former CEO of Illinois Tool Works and Marmon Holdings Inc., and his wife, Alexandra. The foundation maintains a low profile and does not appear to accept unsolicited proposals.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$5.4M

-15.3% YoY

Grant Count

42

-4.5% YoY

Avg Grant Size

$129K

-11.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grantmaking heavily focuses on arts and culture, with particular emphasis on Chicago arts and culture organizations. Additional funding areas include:

  • Arts education
  • Youth services
  • Health
  • Human services
  • Education

The foundation strongly prioritizes Chicago and its suburbs, particularly Winnetka where the family resides.

Grantmaking

The foundation does not have a website to guide grantseekers and does not appear to accept unsolicited proposals. Networking is identified as key for obtaining the foundation's attention.

Grant Range

s and Activity:**

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in:

  • Illinois (particularly Chicago and its suburbs)
  • New York
  • Virginia

Grant Distribution by State

11states
+3 more states

Cities

ALEXANDRIAARLINGTONATLANTACAMBRIDGECHATTANOOGACHICAGOEAST TAUNTONEVANSTONGLENCOGLENCOEGLENVIEWGLENWOODHAGERSTOWNLIBERTYLITTLE ROCKNESCONSETNEW YORKNORTHBROOKNORTHFIELDWASHINGTON

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $35,745,239
  • Total Revenues: $4,142,530
  • Total Expenses: $5,878,882
  • Total Liabilities: $0

As of 2023:

  • Total Assets: $37.5M
  • Total Revenues: $3.64M
  • Total Expenses: $6.72M
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M58 grants202053 grants202154 grants202244 grants202342 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ART INSTITUTE OF CHICAGO$3.8MWRITERS THEATRE$500KFOUNDATION FOR HOMAN SQU…$400KMUSIC INSTITUTE OF CHICAGO$122KLYRIC OPERA OF CHICAGO$100KHARRIS THEATER FOR MUSIC…$75KUCAN$75KLINCOLN PARK ZOO$60KWTTWWFMT$35KBETTER GOVT ASSN$25K

Grant Size Distribution

236 grants across all recorded years

201<$50K11$50–100K11$100–250K4$250–500K2$500K–1M7$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Personnel:

  • Alexandra C Nichols: President (as of 2024)
  • John D. Nichols: Trustee (1930-2023)

John D. Nichols served as Chairman of the Board and CEO of Illinois Tool Works Inc. from 1980 to 1996, and as President and CEO of The Marmon Group, Inc. He was named to the National Business Hall of Fame in 1999.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ALEXANDRA C NICHOLSTRUSTEE20

Recent News & Activity

Recent developments and announcements

The Nichols family has made significant naming gifts to major Chicago cultural institutions:

John D and Alexandra Nichols Family Foundation

**Writers Theatre**: The Alexandra C. and John D. Nichols Theatre

John D and Alexandra Nichols Family Foundation

**Lyric Opera of Chicago**: An endowed chair in the Nichols' name

**Harris Theater**: Alexandra has served as chair

**Art Institute of Chicago**: The Nichols Bridgeway, linking the Art Institute with Millennium Park

$25 million gift to art institute from John and Alexandra Nichols \u2013\

The foundation's grantmaking reflects the family's deep commitment to enhancing the cultural and educational landscape of Chicago, with particular focus on institutions that have received major philanthropic support from the family.

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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