Marquette Bank Affordable Housing
Marquette Bank Affordable Housing is a private foundation based in Chicago, Illinois. It supports homebuyer assistance and grants to nonprofit organizations serving low- or moderate-income geographies within Marquette Bank’s assessment area.
Marquette Bank Affordable Housing at a glance
In short: Marquette Bank Affordable Housing gave $376K across 84 grants in 2025 (avg $4K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $375,500
- +40.9% vs 2024
- Grants made (2025)
- 84
- +6.3% vs 2024
- Average grant
- $4,470
- +32.5% vs 2024
- Median grant
- $3,625
- Total assets
- $2,036,943
- +7.9% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Marquette Bank Affordable Housing
- How to Apply
-
The filing directs homebuyers to contact a Marquette Bank mortgage specialist for information about assistance. Nonprofit requests are made directly to the Community Reinvestment Office; the filing does not describe a formal application process.
- Contact
Application contact: Manuel Jimenez
Mailing address: 6316 South Western Avenue, Chicago, IL 60636
Phone: (773) 918-4507
Email: mjimenez@emarquettebank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Marquette Bank Affordable Housing funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Beds Plus ($84K across 2 grants). Together the top 10 received $163K.
Grant Size Distribution
343 grants across all recorded years
The most common grant size was under $50K: 342 grants of 343 (100%).
Geographic Focus
Where this funder awards grants
The filing identifies Cook, Will, and DuPage counties as the bank’s assessment area for homebuyer assistance. In 2025, all reported grant dollars went to recipients in Illinois.
Grant Distribution by State
Share of 2025 grant dollars across all 84 itemized grants.
States
Cities
How Marquette Bank Affordable Housing gives
- 48% of 2025 grantees were also funded in 2024. Method
- Giving grew 91% from 2022 to 2025. Method
- In 2025 it paid out 119% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). 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 2019 to 2025, annual grant giving ranged from $182K (2019) to $376K (2025). In 2025 it made 84 grants totaling $376K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Beds Plus Lagrange, IL | Community Development | $83,300 |
| Latinos Progresando Chicago, IL | Community Development | $10,800 |
| Greater Southwest Development Corporation Chicago, IL | Community Development | $10,000 |
| Neighborhood Housing Services of Chicago Chicago, IL | Community Development | $10,000 |
| Poder Chicago, IL | Community Development | $10,000 |
| Brandon Carlson Joliet, IL | First Time Home Buyer Grant | $7,500 |
| Nadia Campbell Sauk Village, IL | First Time Home Buyer Grant | $7,500 |
| Jibreel Hurley Chicago, IL | First Time Home Buyer Grant | $7,500 |
| Javier Guardado Markham, IL | First Time Home Buyer Grant | $7,500 |
| Kay Fox Sauk Village, IL | First Time Home Buyer Grant | $7,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,036,943 | $598,586 | $449,364 | $375,500 | 84 | $375,500 | $490,042 | $316,221 |
| 2024 | $1,887,721 | $625,942 | $324,109 | $266,500 | 79 | $266,500 | $529,725 | $282,517 |
| 2023 | $1,585,888 | $313,162 | $281,133 | $235,000 | 64 | $235,000 | $246,743 | $187,180 |
| 2022 | $1,553,859 | $359,141 | $238,126 | $196,500 | 51 | $196,500 | $287,799 | $182,865 |
| 2021 | $1,432,844 | $100,609 | $307,074 | $267,000 | 65 | $267,000 | $13,246 | $264,848 |
| 2020 | $1,639,309 | $26,981 | $240,604 | $206,350 | 56 | — | — | $201,047 |
| 2019 | $1,850,907 | $183,603 | $210,877 | $181,500 | 55 | — | $128,095 | $169,777 |
Under IRS private-foundation payout rules, Marquette Bank Affordable Housing reported a distributable amount of $316K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available statements do not give the foundation’s own mission. Its stated funding includes down payment and closing cost assistance for eligible homebuyers, as well as grants to nonprofits serving low- or moderate-income geographies in the bank’s assessment area.
The 2025 grants included community development support. Recipients’ descriptions illustrate the range of organizations supported: BEDS Plus says it helps vulnerable individuals stabilize their lives through housing and supportive services; Neighborhood Housing Services says it creates opportunities for affordable homeownership and stronger neighborhoods; and La Casa Norte says it provides services, resources, and housing to people facing homelessness. Other recipients describe work in immigrant integration, neighborhood development, organizing, and financial-system equity.
Grantmaking
In 2025, the foundation reported 84 grants totaling $375,500. Grant amounts ranged from $500 to $83,300, with a median of $3,625. The largest grants included $83,300 to BEDS Plus for community development; $10,800 to Latinos Progresando for community development; and $10,000 each to Greater Southwest Development Corporation, Neighborhood Housing Services of Chicago, and PODER for community development. The filing also lists individual homebuyer grants, including awards of $7,500.
For homebuyer assistance, the filing states that household income must be below 80% of the area median income for the county, and the property must be in an eligible census tract within the bank’s assessment area. Grant amounts listed are $1,000 for upper-income tracts, $2,000 for middle-income tracts, $4,500 for moderate-income tracts, and $7,500 for low-income tracts. Applicants must be first-time buyers or not own another property at the time of the new closing. The property must be an owner-occupied primary residence, and the assistance must be used toward the down payment and closing costs. Additional restrictions may apply.
For nonprofit grants, the filing says there is no application process; requests come directly to the Community Reinvestment Office. The foundation states that it does not restrict giving to preselected organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Betty Harn as president; Manuel Jimenez as vice president and assistant; Christie Cox as secretary; Patrick J Hunt as treasurer; Patricia Robertson as assistant treasurer; Alan Kwasneski and Jerry F Magold as vice presidents; and John G Byrnes, Paul M McCarthy, and George S Moncada as directors.
Marquette Bank Affordable Housing is led by Betty Harn, President on every filing since 2019; none of the 17 officers listed in 2025 report compensation.
Officers on the 2025 filing
Betty Harn
President
On filings since 2019
1 hr/week
No compensation reported
Barry M. Sabloff
Director
On filings since 2019
1 hr/week
No compensation reported
George S. Moncada
Director
On filings since 2019
1 hr/week
No compensation reported
James F. Capraro
Director
On filings since 2019
1 hr/week
No compensation reported
John G. Byrnes
Director
On filings since 2019
1 hr/week
No compensation reported
Mark Zelisko
Director
On filings since 2019
1 hr/week
No compensation reported
Paul M. McCarthy
Director
Director → Chairman of the Board, 2020
Chairman of the Board → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
William Sullivan
Director
On filings since 2019
1 hr/week
No compensation reported
Randall R. Schwartz
Director
On filings since 2020
1 hr/week
No compensation reported
Terese M. Best
Director
On filings since 2020
1 hr/week
No compensation reported
Mary Acker Klingenberger
Director
On filings since 2023
1 hr/week
No compensation reported
Christie Cox
Secretary
On filings since 2019
1 hr/week
No compensation reported
Manuel Jimenez
Vice President & Assistant
On filings since 2019
1 hr/week
No compensation reported
Patricia Robertson
Assistant Treasurer
On filings since 2019
1 hr/week
No compensation reported
Alan Kwasneski
Senior Vice President
On filings since 2021
1 hr/week
No compensation reported
Jerry F. Magold
Vice President
On filings since 2021
1 hr/week
No compensation reported
Patrick J. Hunt
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Former officers (2)
- Former: Thomas Burgin (2019–2022) — Director
- Former: Paul A. Eckroth (2019–2020) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "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 Marquette Bank Affordable Housing
How much does Marquette Bank Affordable Housing give each year?
Marquette Bank Affordable Housing gave $376K across 84 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $267K across 79 grants.
What is Marquette Bank Affordable Housing's typical grant size?
Marquette Bank Affordable Housing's median grant in 2025 was $3,625, and its average grant was $4,470, across 84 grants on its 2025 IRS Form 990-PF.
Where does Marquette Bank Affordable Housing give grants?
Marquette Bank Affordable Housing gives mostly in Illinois: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (42 grants), Orland Park, IL (4 grants), Joliet, IL (3 grants) and Bolingbrook, IL (3 grants).
Does Marquette Bank Affordable Housing give general operating support?
Not in 2025: none of the 84 grants with a stated purpose on Marquette Bank Affordable Housing's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Development" (52 grants) and "First Time Home Buyer Grant" (32 grants).
Who are Marquette Bank Affordable Housing's largest grantees?
Marquette Bank Affordable Housing's largest 2025 grantees include Beds Plus ($84,300 across 2 grants), Latinos Progresando ($10,800) and Greater Southwest Development Corporation ($10,000), according to its 2025 IRS Form 990-PF. Together they received 28% of its itemized 2025 grant dollars.
How large is Marquette Bank Affordable Housing?
Marquette Bank Affordable Housing reported $2.0M in total assets on its 2025 IRS Form 990-PF. It paid out $376K in qualifying distributions that year, against a required minimum of $316K (roughly 5% of its investment assets).
What does Marquette Bank Affordable Housing fund?
The available statements do not give the foundation’s own mission. Its stated funding includes down payment and closing cost assistance for eligible homebuyers, as well as grants to nonprofits serving low- or moderate-income geographies in the bank’s assessment area. See mission & focus areas ↑
How do I apply for a grant from Marquette Bank Affordable Housing?
The filing directs homebuyers to contact a Marquette Bank mortgage specialist for information about assistance. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Marquette Bank Affordable Housing's EIN?
Marquette Bank Affordable Housing's EIN (Employer Identification Number) is 26-1566453. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
Live grants for the work Marquette Bank Affordable Housing funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Marquette Bank Affordable Housing's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Marquette Bank Affordable Housing funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/marquette-bank-affordable-housing-morg_69525de18b4b4c9a987c26889f8612b4
BibTeX
@misc{grantable_261566453_2026,
author = {{Grantable}},
title = {{Marquette Bank Affordable Housing funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/marquette-bank-affordable-housing-morg_69525de18b4b4c9a987c26889f8612b4},
note = {Accessed 2026-10-23. 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 Marquette Bank Affordable Housing'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.
Marquette Bank Affordable Housing down — hundreds of funders to go?