Mansueto Foundation
The Mansueto Foundation is a private foundation based in Chicago, Illinois. In 2024, it reported 51 grants totaling $9,804,330 to charitable organizations, including recipients in education, media, health, arts, and community services.
Mansueto Foundation at a glance
In short: Mansueto Foundation gave $9.8M across 51 grants in 2024 (avg $192K), mostly in Illinois. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $9,804,330
- -13.0% vs 2023
- Grants made (2024)
- 51
- -10.5% vs 2023
- Average grant
- $192,242
- -2.8% vs 2023
- Median grant
- $50,000
- Total assets
- $49,420,105
- +12.3% vs 2023
- New grantees (estimate)
- 25% first-time grantees (13 of 51, 2024)
- Primary geography
- Illinois (67% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Mansueto Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 400 North Michigan Ave Suite 350, Chicago, IL 60611
Phone: (312) 736-2528
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Mansueto Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Northwestern Memorial Foundation ($2.0M). Together the top 10 received $7.9M.
Grant Size Distribution
259 grants across all recorded years
The most common grant size was under $50K: 125 grants of 259 (48%).
Geographic Focus
Where this funder awards grants
In 2024, 67% of grant dollars went to recipients in Illinois, followed by Florida (10%), New York (8%), Virginia (6%), and California (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 51 itemized grants.
States
Cities
Is Mansueto Foundation open to new grantees?
25%
first-time grantees, 2024
In 2024, 13 of 51 grantees (25%) were first-time recipients. First grants averaged $128K; repeat grants $214K. How we count
Medians: $26K first-time, $50K repeat.
- 69% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 346% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF 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 $5.8M (2020) to $11.3M (2023). In 2024 it made 51 grants totaling $9.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Northwestern Memorial Foundation Chicago, IL | General Support | $2,000,000 |
| Shedd Aquarium Society Chicago, IL | General Support | $2,000,000 |
| Wbezchicago Public Media Chicago, FL | General Support | $1,000,000 |
| Teach for America Inc New York, NY | General Support | $700,000 |
| Illinois Policy Instituate Chicago, IL | General Support | $600,000 |
| Greater Washington Educational Telecommunications Association Inc Arlington, VA | General Support | $500,000 |
| North Austin Community Center Chicago, IL | General Support | $500,000 |
| Meedan Inc San Francisco, CA | General Support | $250,000 |
| Better Government Association Chicago, IL | General Support | $200,000 |
| College Possible Saint Paul, MN | General Support | $150,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $49,420,105 | $15,366,370 | $10,068,235 | $9,804,330 | 51 | $9,829,612 | $7,259,253 | $2,843,651 |
| 2023 | $44,021,065 | $13,148,678 | $11,836,060 | $11,272,156 | 57 | $11,367,332 | $13,735,365 | $2,636,154 |
| 2022 | $42,808,570 | $10,720,254 | $11,339,271 | $10,488,541 | 59 | $10,505,841 | $9,218,791 | $2,826,966 |
| 2021 | $41,876,451 | $17,191,361 | $10,580,473 | $10,193,479 | 44 | $10,201,867 | $16,476,895 | $3,113,329 |
| 2020 | $35,230,927 | $10,357,177 | $6,686,450 | $5,814,615 | 48 | — | $9,013,305 | $1,553,766 |
Under IRS private-foundation payout rules, Mansueto Foundation reported a distributable amount of $2.8M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose own missions cover a range of activities. For example, Shedd Aquarium says its mission is to spark compassion, curiosity, and conservation for the aquatic animal world. Teach for America says it finds, develops, and supports leaders to teach underserved students. North Austin Community Center describes serving youth, families, and other residents in Chicago’s Austin neighborhood through sports, education, and wellness opportunities.
Other supported organizations describe work in public media: the Greater Washington Educational Telecommunications Association says it produces and distributes content of intellectual integrity and cultural merit. Meedan says it works to strengthen journalism, digital literacy, and information access for global communities. The Better Government Association says it works against waste, corruption, and inefficiency in Illinois government through investigative journalism, litigation, and public policy studies. College Possible describes helping students from low-income backgrounds with college admission and success, while the Noble Network of Charter Schools says it aims to equip students to complete college and lead choice-filled lives.
Grantmaking
In 2024, the foundation made 51 grants totaling $9,804,330. Grants ranged from $1,000 to $2,000,000, with a median grant of $50,000. The largest listed grants were $2,000,000 each to Northwestern Memorial Foundation and Shedd Aquarium Society; $1,000,000 to WBEZChicago Public Media; and $700,000 to Teach for America Inc. Each was listed for general support.
Other listed grants included $600,000 to Illinois Policy Institute, $500,000 each to Greater Washington Educational Telecommunications Association and North Austin Community Center, and $250,000 to Meedan Inc.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Joseph D. Mansueto as president/chairman and Rika Yoshida as vice-president/director.
Mansueto Foundation is led by Joseph D. Mansueto, President & Chairman since 2024 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joseph D. Mansueto
President & Chairman
President → President & Chairman, 2024
On filings since 2020
1 hr/week
No compensation reported
Rika Yoshida
Vice President & Director
Vice President → Vice President & Director, 2024
On filings since 2020
1 hr/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 Mansueto Foundation
How much does Mansueto Foundation give each year?
Mansueto Foundation gave $9.8M across 51 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11.3M across 57 grants.
What is Mansueto Foundation's typical grant size?
Mansueto Foundation's median grant in 2024 was $50,000, and its average grant was $192,242, across 51 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Mansueto Foundation that year got $128K on average.
Where does Mansueto Foundation give grants?
Mansueto Foundation gives mostly in Illinois: 67% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Florida (10%) and New York (8%). The most frequent recipient cities were Chicago, IL (32 grants), New York, NY (4 grants), Arlington, VA (2 grants) and Washington, DC (2 grants).
Does Mansueto Foundation give general operating support?
Yes: 100% of Mansueto Foundation's 2024 grants with a stated purpose (51 of 51) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Mansueto Foundation's largest grantees?
Mansueto Foundation's largest 2024 grantees include Northwestern Memorial Foundation ($2,000,000), Shedd Aquarium Society ($2,000,000) and Wbezchicago Public Media ($1,000,000), according to its 2024 IRS Form 990-PF. Together they received 51% of its itemized 2024 grant dollars.
How large is Mansueto Foundation?
Mansueto Foundation reported $49.4M in total assets on its 2024 IRS Form 990-PF. It paid out $9.8M in qualifying distributions that year, against a required minimum of $2.8M (roughly 5% of its investment assets).
What does Mansueto Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations whose own missions cover a range of activities. For example, Shedd Aquarium says its mission is to spark compassion, curiosity, and conservation for the aquatic animal world. See mission & focus areas ↑
How do I apply for a grant from Mansueto Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Mansueto Foundation's EIN?
Mansueto Foundation's EIN (Employer Identification Number) is 27-1895175. IRS Form 990 filing data is available on this page for 2020–2024.
Does Mansueto Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Mansueto Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/mansueto-foundation-morg_bdc110d4e4c34493a668094ae837efd3
BibTeX
@misc{grantable_271895175_2026,
author = {{Grantable}},
title = {{Mansueto Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mansueto-foundation-morg_bdc110d4e4c34493a668094ae837efd3},
note = {Accessed 2026-10-11. 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 Mansueto Foundation'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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