Nicor Illinois Community Investment
Nicor Illinois Community Investment is a private foundation focused on Adults, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $20.8M in total assets. In 2024, it awarded 8 grants totaling $700K. Net investment income was $1.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.8M
+6.1% YoY
Annual Giving
$700K
-20.0% YoY
Grant Count
8
-61.9% YoY
Avg Grant Size
$88K
+110.0% YoY
Under IRS private-foundation payout rules, Nicor Illinois Community Investment reported a distributable amount of $960K for 2024 — the minimum it must pay out in qualifying distributions.
About Nicor Illinois Community Investment
Based on IRS filings
Nicor Illinois Community Investment is a private foundation focused on Adults, based in CHICAGO, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $20.8M in total assets. In 2024, it awarded 8 grants totaling $700K. Net investment income was $1.3M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,849,128 | $19,654,091 | $19,731,731 |
| Revenue | $1,440,944 | $381,584 | $272,329 |
| Expenses | $1,057,112 | $1,112,855 | $539,977 |
| Qualifying Distributions | $1,077,883 | $1,689,686 | $383,966 |
| Net Investment Income | $1,287,705 | $426,998 | $23,702 |
| Distributable Amount | $960,098 | $907,349 | $999,065 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Open Grants
1 open opportunity from Nicor Illinois Community Investment
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Harvey Brooks Motivation & Development Foundation ($100,000), Oai Inc ($100,000), Proactive Community Services ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HARVEY BROOKS MOTIVATION & DEVELOPMENT FOUNDATION JOLIET, IL | GENERAL OPERATING GRANT | $100,000 |
| OAI INC CHICAGO, IL | GENERAL OPERATING GRANT | $100,000 |
| PROACTIVE COMMUNITY SERVICES FLOSSMOOR, IL | GENERAL OPERATING GRANT | $100,000 |
| SOUTHLAND DEVELOPMENT AUTHORITY NFP CHICAGO, IL | GENERAL OPERATING GRANT | $100,000 |
| THINK BIG CORPORATION ROCKFORD, IL | PROGRAMMATIC GRANT | $100,000 |
| TREND COMMUNITY DEVELOPMENT CHICAGO, IL | GENERAL OPERATING GRANT | $100,000 |
| YWCA NORTHWESTERN ILLINOIS ROCKFORD, IL | PROGRAMMATIC GRANT | $100,000 |
| CPL FOUNDATION CHICAGO, IL | GENERAL OPERATING GRANT | $140 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TOVAH MCCORD | EXECUTIVE DIRECTOR | 40 | — |
| WENDELL DALLAS | BOARD CHAIR | 0.5 | — |
| MEENA BEYERS | VICE CHAIR | 1.5 | — |
| JAMES M GORENZ | TREASURER | 1 | — |
| SERENA LEVY | SECRETARY | 0.5 | — |
| MICHAEL GUERRA | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Nicor Illinois Community Investment?
Nicor Illinois Community Investment is a private foundation focused on Adults, based in CHICAGO, IL. It holds $20.8M in total assets as of 2024.
How large is Nicor Illinois Community Investment?
As of 2024, Nicor Illinois Community Investment holds $20.8M in total assets with $1.4M in annual revenue. It awarded 8 grants totaling $700K in 2024.
Where does Nicor Illinois Community Investment operate?
Nicor Illinois Community Investment has awarded grants in Illinois.
What size grants does Nicor Illinois Community Investment award?
In 2024, Nicor Illinois Community Investment awarded 8 grants totaling $700K — an average of about $88K per grant, based on its IRS Form 990 filings.
How much is Nicor Illinois Community Investment required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Nicor Illinois Community Investment reported a distributable amount of $960K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Nicor Illinois Community Investment's EIN?
Nicor Illinois Community Investment's EIN (Employer Identification Number) is 85-1859268. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Nicor Illinois Community Investment's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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