Lloyd a Fry Foundation

CHICAGO, IL EIN: 36-6108775

The Lloyd A. Fry Foundation is an independent private grantmaking foundation based in Chicago, Illinois. Established in 1977 with proceeds from the sale of the Lloyd A. Fry Roofing Company to Owens-Corning Fiberglass Corporation, the foundation has grown to become a significant philanthropic force in the Chicago region. The foundation is dedicated to improving the lives of Chicago residents facing challenges rooted in systems of inequity, partnering with effective nonprofit organizations committed to building a community where all individuals and families have the opportunity to thrive.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$10.0M

+5.9% YoY

Grant Count

404

+10.7% YoY

Avg Grant Size

$25K

-4.3% YoY

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

Mission & Focus Areas

Mission: The Lloyd A. Fry Foundation is dedicated to improving the lives of the people of Chicago faced with challenges rooted in the systems of inequity. The foundation partners with effective nonprofit organizations that share its commitment to building a community in which all individuals and families have the opportunity to thrive.

Vision: A Chicago that offers education, opportunity, health, and hope for all.

The foundation funds grants in three primary program areas:

Arts Learning — Supporting low-income Chicago children and youth through high-quality arts learning experiences. The foundation is interested in improving the quality and expanding the availability of arts education programs, especially in Chicago public schools, including arts instruction, performance, and professional development for arts educators.

Education — Increasing the academic achievement of low-income students in historically disinvested Chicago public schools.

Employment — Helping families and individuals move out of poverty.

Grantmaking

Eligible organizations submit a letter of inquiry, allowing program officers 30 days to respond. Once invited to apply, organizations submit a full application with required documents. The foundation operates on a quarterly review cycle with a typical decision time of 2-3 months.

Grant Range

s & Activity:**

Average Grant

$20,000 - $50,000

Review Cycle

with a typical decision time of 2-3 months.

Grant Types

**

How to Apply

**

Ready to take the next step with Lloyd a Fry Foundation?

Geographic Focus

Where this funder awards grants

The foundation funds exclusively in Chicago, Illinois.

Grant Distribution by State

30states
+22 more states

Cities

AMHERSTATLANTAAURORAAnchorageArlingtonAuroraBALA CYNWYDBELGRADE LAKESBETHESDABOOTHBAYBOSTONBRONXBURR RIDGEBaltimoreBerwynBostonBronxBurr RidgeCHAMPAIGNCHCIAGO

Financial History

Multi-year comparison from IRS filings

Assets: $198,005,600 (as of fiscal year ending June 2023)

Annual Giving: $9,995,219 (2024)

Revenue: $5,688,272 (fiscal year ending June 2023)

Expenses: $11,707,566 (fiscal year ending June 2023)

Total Liabilities: $4,850,000 (as of June 2023)

Tax Status: 501(c)(3) organization; tax-exempt since April 1963; EIN: 36-6108775

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$5M$7M$10M359 grants2020345 grants2021372 grants2022365 grants2023404 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE BARACK OBAMA FOUNDAT…$250KANET$100KBELLWETHER EDUCATION PAR…$100KACCESS COMMUNITY HEALTH …$65KBELOVED COMMUNITY FAMILY…$60KADVANCE ILLINOIS NFP$50KASIAN HUMAN SERVICES FAM…$50KBRIGHTPOINT$45KALBANY PARK THEATER PROJ…$40KALIVIO MEDICAL CENTER INC$40K

Grant Size Distribution

250 grants across all recorded years

210<$50K28$50–100K9$100–250K3$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from Lloyd a Fry Foundation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Unmi Song — President (retiring after 22 years of service)

Dr. Sherly Chavarria — Senior Education Program Officer, succeeding Song as President effective January 1, 2026

Compensation Overview

From 2024 IRS filing

UNMI SONGPRESIDENT AND SECRETARY$300KAMINA DICKERSONCHAIR$40KGRAHAM GRADYVICE CHAIR AND TREASURER$40KLLOYD A FRY IIIDIRECTOR$40KSTEPHANIE PACE MARSH…DIRECTOR$40KLIBRADA KILLIANDIRECTOR$40KHOWARD M MCCUE IIIDIRECTOR$40K

From 2024 filing

NameTitleHoursCompensation
UNMI SONGPRESIDENT AND SECRETARY40$300,000
AMINA DICKERSONCHAIR2.5$40,000
GRAHAM GRADYVICE CHAIR AND TREASURER2.5$40,000
LLOYD A FRY IIIDIRECTOR2.5$40,000
STEPHANIE PACE MARSHALLDIRECTOR2.5$40,000
LIBRADA KILLIANDIRECTOR2.5$40,000
HOWARD M MCCUE IIIDIRECTOR2.5$40,000

Recent News & Activity

Recent developments and announcements

The foundation announced a phase-out of its Health Program, reflecting a strategic shift in focus toward its three core program areas of Arts Learning, Education, and Employment.

Spotlight: our Arts Learning Program 2025 :: The Lloyd A. Fry Foundation

The National Museum of Mexican Art, a grantee organization, was awarded $3.5 million, demonstrating the foundation's significant support for arts and cultural institutions serving Chicago communities.

Grantee National Museum of Mexican Art Awarded $3.5 Million

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

What could you do with Lloyd a Fry Foundation on Grantable?

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