Monroe Foundation is a public charity focused on religion, based in Hillside, IL. IRS filing data is available from 2021 through 2026. As of 2026, the organization holds $137K in total assets.
Key facts about Monroe Foundation
- EIN
- 36-3787503
- Latest 990 filing
- Form 990-EZ, 2026
- Total assets
- $136,853
Data from IRS Form 990-EZ, 2026; updated September 2026.
Financial Overview
From 2026 IRS Form 990-EZ · View filing
Total Assets
$137K
-1.3% YoY
Revenue
$131K
-25.4% YoY
Expenses
$132K
-20.8% YoY
Ready to take the next step with Monroe Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2022, annual grant giving ranged from $28K (2021) to $181K (2022). In 2022 it made 9 grants totaling $181K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 8 grants of 9 (89%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2026.
Financial History
Multi-year comparison from IRS filings
| Metric | 2026 | 2025 | 2024 |
|---|---|---|---|
| Total Assets | $136,853 | $138,692 | $55,081 |
| Revenue | $130,600 | $175,000 | $423,264 |
| Expenses | $132,439 | $167,270 | $500,111 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 23, 2022)
- Updated Form 990-EZ for fiscal year 2025 (received by the IRS June 29, 2025)
- Added Form 990-EZ for fiscal year 2026 (received by the IRS April 29, 2026)
Leadership & Key People
Officers and directors from IRS filings
Monroe Foundation is led by Otis Monroe, President since 2025 (on filings since 2021); none of the 8 officers listed in 2026 report compensation.
Officers on the 2026 filing
Otis Monroe
President
President → Executive Director, 2024
Executive Director → President, 2025
On filings since 2021
40 hrs/week
$80K (2021) → $0 (2026)
Paul A. Labonne
Chairman
Director → Chairman, 2025
On filings since 2021
4 hrs/week
No compensation reported
Anibal Vega
Director
On filings since 2021
2 hrs/week
No compensation reported
Athena Williams
Director
Chair → Director, 2025
On filings since 2021
2 hrs/week
No compensation reported
Joetta Jefferson
Director
On filings since 2025
2 hrs/week
No compensation reported
Kevin McCauley
Director
On filings since 2025
2 hrs/week
No compensation reported
Virginia Hardrict
Secretary
On filings since 2021
4 hrs/week
No compensation reported
Jurelene Rigsby
Treasurer
On filings since 2025
5 hrs/week
No compensation reported
Former officers (4)
- Former: Dennis Muhammad (2021–2024) — Director
- Former: Devonta Boston (2021–2024) — Director
- Former: Fabiola Cadish (2021–2024) — Director
- Former: Jurellene Ribsby (2021–2024) — Director
Data from IRS Form 990 filings, 2021–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $85K, to Otis Monroe (President).
Frequently asked questions about Monroe Foundation
How large is Monroe Foundation?
Monroe Foundation reported $137K in total assets on its 2026 IRS Form 990-EZ. Its revenue that year was $131K.
What is Monroe Foundation?
Monroe Foundation is a public charity focused on religion, based in Hillside, IL. It holds $137K in total assets as of 2026.
Where does Monroe Foundation operate?
Monroe Foundation has awarded grants in Illinois.
What is Monroe Foundation's EIN?
Monroe Foundation's EIN (Employer Identification Number) is 36-3787503. IRS Form 990 filing data is available on this page for 2021–2026.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Monroe Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Monroe Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Greater Southwest Development Corp
Chicago, IL
The Greater Southwest Development corporation is the catalyst for creating and maintaining a vital greater southwest chicago community. Empowering, building, and sustaining development raises the quality of life for our neighborhood residents, businesses and industries.
Assets
$17.2M
Grants
1
Total Given
$40K
Joint-County Opportunity Benefit Support Fund
Chicago, IL
The jobs fund grants funding for eligible programs that offer job training, educational programming and other community benefits programs designed to serve the communities that score already serves.
Assets
$760K
Grants
1
Total Given
$150K
Marquette Bank Affordable Housing
Chicago, IL
Marquette Bank Affordable Housing funds affordable housing, including down-payment and closing-cost assistance for eligible first-time home buyers and grants to nonprofits serving low- or moderate-income communities in its assessment area. In 2025, grants ranged from $500 to $83,300, with a median of $3,625; funding went to Illinois, with home-buyer assistance covering eligible areas in Cook, Will, and DuPage counties. The foundation states that nonprofit grants have no application process and requests go directly to its Community Reinvestment Office; home buyers should contact a Marquette Bank mortgage specialist.
Assets
$2.0M
Grants
84
Total Given
$376K
Impact Grants Chicago
Chicago, IL
Impact Grants Chicago connects, engages and inspires women to improve the community of Chicago by collectively funding $100,000 grants to Chicago nonprofits that are dedicated to addressing the challenges facing the city.
Assets
$257K
Grants
7
Total Given
$490K
Clayco Foundation
Chicago, IL
Clayco Foundation funds medical research, education and scholarships, hunger relief, youth mentorship, and organizations advancing equality and justice for the African American community. Its 2024 grants ranged from $25,000 to $312,500, with a median of $87,500, and went mainly to organizations in New York, Illinois, Missouri, Pennsylvania, and Michigan. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$1.0M
Grants
18
Total Given
$1.9M
Greater Auburn Gresham Development Corporation
Chicago, IL
Greater Auburn Gresham funds community revitalization, including health, economic development, housing and senior services, education, youth development, and community engagement; its Excellerator Fund supports Black- and Mexican-led organizations. Recent grants were typically about $18,500, ranging from $10,000 to $24,250, with a focus on Chicago and South Suburban communities, especially Auburn Gresham and Little Village. It accepts applications through requests for proposals.
Assets
$25.9M
Grants
34
Total Given
$567K
The Edward and Helen Oppenheimer
Houston, TX
The Edward and Helen Oppenheimer funds charitable, educational, and religious organizations, including work in food assistance, housing, health, youth services, and education, primarily in Texas. Its 2024 grants ranged from $1,000 to $47,500, with a median of $5,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$4.0M
Grants
37
Total Given
$317K
Housing Action Illinois
Chicago, IL
Housing Action Illinois funds pass-through housing counseling and related services, training, and support for organizations working on affordable housing, homeownership, fair housing, and homelessness. Its 2025 grants ranged from $5,719 to $191,315, with a median of $43,573, and primarily went to Illinois organizations, with some funding across nearby states. The profile does not state whether it accepts unsolicited requests.
Assets
$3.3M
Grants
39
Total Given
$1.9M
IMC Chicago Charitable Foundation
Chicago, IL
The foundation supports education, literacy, disability inclusion, youth development, and Chicago-region impact enterprises. In 2025, its 47 grants ranged from $2,058 to $17.8 million, with a median of $4,476; grant dollars went mainly to recipients listed in Delaware, followed by California and Illinois. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$56.0M
Grants
47
Total Given
$21.5M
University of Chicago Medical Center
Chicago, IL
The University of Chicago Medical Center funds community health programs addressing chronic disease, violence prevention and behavioral health, and social needs such as access to care, food and workforce development. Its 2025 grants ranged from $6,600 to $134,310, with a median of $10,000, primarily for organizations serving its 12 South Side ZIP codes. Community benefit grants are currently unavailable; it accepts sponsorship applications on a rolling basis for current-fiscal-year events.
Assets
$5.3B
Grants
49
Total Given
$1.3M
United Way of Metropolitan Chicago Inc
Chicago, IL
United Way of Metropolitan Chicago funds nonprofit work on basic needs and community-led efforts, including healthcare, housing, food assistance, early learning, safety, legal services, and workforce development across greater Chicago and the surrounding region. Its 2025 grants ranged from $5,002 to $2,038,325, with a median of $25,000; the current Impact Grants cycle is closed to new applicants and limited to current partners, and the BridgeBuilders application is also closed.
Assets
$48.8M
Grants
331
Total Given
$22.8M
Points of Light Foundation
Atlanta, GA
Points of Light supports community improvement projects and organizations advancing volunteering and civic engagement. Its 2025 grants ranged from $20,000 to $300,000, with a median of $90,000, and went to recipients across multiple U.S. states; its Family Volunteer Day grants are specifically for U.S. schools and nonprofits.
Assets
$16.5M
Grants
103
Total Given
$10.1M
More Funders in Illinois
Monroe Foundation down — hundreds of funders to go?