Nuveen Benevolent Trust Charles L Michod Jr
Nuveen Benevolent Trust is a private foundation based in Chicago, Illinois. Its 2024 filing lists grants to organizations including arts institutions, schools, and nonprofits addressing land conservation and support for people with disabilities; the listed grant purposes are general.
Key facts about Nuveen Benevolent Trust Charles L Michod Jr
In short: Nuveen Benevolent Trust Charles L Michod Jr gave $111K across 20 grants in 2024 (avg $6K), top state Illinois. 10% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 36-6069509
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $111,000
- Grants made (2024)
- 20
- Average grant
- $5,550
- Median grant
- $1,500
- New grantees (estimate)
- 10% first-time grantees (2 of 20, 2024)
- Total assets
- $1,553,880
- Primary geography
- Illinois (33% of itemized 2024 grant dollars)
- How to apply
- The filing lists Charles L. Full details ↓
- Deadline
- None.
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-1.5% YoY
Annual Giving
$111K
+3.5% YoY
Grant Count
20
+11.1% YoY
Avg Grant Size
$6K
-6.9% YoY
Under IRS private-foundation payout rules, Nuveen Benevolent Trust Charles L Michod Jr reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.
Is Nuveen Benevolent Trust Charles L Michod Jr open to new grantees?
10%
first-time grantees, 2024
In 2024, 2 of 20 grantees (10%) were first-time recipients. First grants averaged $3K; repeat grants $6K. How we count
Medians: $3K first-time, $2K repeat.
- 90% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 124% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the Trust is provided. Its 2024 grants included support for organizations with varied missions. For example, Vermont Law School says it educates students to use law to serve their communities and the world. ABILIS says it provides people with developmental disabilities and their families in lower Fairfield County with support and advocacy. Rhode Island School of Design says its mission includes educating students and the public in art and design and contributing to global society through critical thinking, scholarship, and innovation. Lake George Land Conservancy says it works to preserve the natural, scenic, and recreational resources of the Lake George Basin.
Grantmaking
In 2024, the Trust made 20 grants totaling $111,000. Grants ranged from $500 to $35,000, with a median of $1,500. The two largest listed grants were $35,000 each to Nuveen Community Center for the Arts in Montague, Michigan, and the School of the Art Institute in Chicago; both were for general purposes. Other listed grants included $5,000 each to New Canaan Land Trust, Rhode Island School of Design, St. Catherine’s Center for Special Needs, Vermont Law School, and ABILIS. In 2023, the Trust made 18 grants totaling $107,250; in 2022, it made 21 grants totaling $104,000.
Review Cycle
None.
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Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars by recipient state went to Illinois (33%), Michigan (32%), Connecticut (12%), New York (7%), and Vermont (6%).
Grant Distribution by State
Share of 2024 grant dollars across all 20 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $104K (2022) to $113K (2019). In 2024 it made 20 grants totaling $111K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Nuveen Community Center for the Arts ($35K). Together the top 10 received $102K.
Grant Size Distribution
100 grants across all recorded years
The most common grant size was under $50K: 100 grants of 100 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nuveen Community Center for the Arts Montague, MI | General | $35,000 |
| School of the Art Institute Chicago, IL | General | $35,000 |
| New Canaan Land Trust New Canaan, CT | General | $5,000 |
| Rhode Island School of Design Providence, RI | General | $5,000 |
| St Catherine's Center for Special Needs Albany, NY | General | $5,000 |
| Vermont Law School South Royalton, VT | General | $5,000 |
| Abilis Stamford, CT | General | $5,000 |
| Sportsbuddies Star Norwalk, CT | General | $2,500 |
| FSH Society Lexington, MA | General | $2,000 |
| University of Vermont Burlington, VT | General | $2,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2024 | $111,000 | 20 |
| 2023 | $107,250 | 18 |
| 2022 | $104,000 | 21 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,553,880 | $1,577,625 | $1,602,508 |
| Revenue | $117,148 | $116,888 | $38,638 |
| Expenses | $140,893 | $141,771 | $133,988 |
| Qualifying Distributions | $117,000 | $113,250 | $110,000 |
| Net Investment Income | $93,418 | $91,391 | $31,303 |
| Distributable Amount | $94,384 | $87,614 | $93,327 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS June 17, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 16, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Charles L. Michod Jr. as managing trustee and Thomas H. Reynolds as trustee.
Nuveen Benevolent Trust Charles L Michod Jr is led by Charles L. Michod Jr., Managing Trustee on every filing since 2019; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Charles L. Michod Jr.
Managing Trustee
On filings since 2019
10 hrs/week
$12K (2019) → $12K (2024)
Thomas H. Reynolds
Trustee
On filings since 2023
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $12K, to Charles L Michod Jr (Managing Trustee).
Contact
Application contact: Charles L Michod Jr
Mailing address: 225 W Washington St Ste 1300, Chicago, IL 60606
Phone: (312) 236-6700
Email: cmichod@komdr.com
Website: https://nuveen.com
Frequently asked questions about Nuveen Benevolent Trust Charles L Michod Jr
How much does Nuveen Benevolent Trust Charles L Michod Jr give each year?
Nuveen Benevolent Trust Charles L Michod Jr gave $111K across 20 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $107K across 18 grants.
What is Nuveen Benevolent Trust Charles L Michod Jr's typical grant size?
Nuveen Benevolent Trust Charles L Michod Jr's median grant in 2024 was $1,500, and its average grant was $5,550, across 20 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Nuveen Benevolent Trust Charles L Michod Jr that year got $3K on average.
Where does Nuveen Benevolent Trust Charles L Michod Jr give grants?
Nuveen Benevolent Trust Charles L Michod Jr's top state is Illinois, with 33% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Michigan (32%) and Connecticut (12%). The most frequent recipient cities were Chicago, IL (3 grants), New Canaan, CT (2 grants) and Boca Grande, FL (2 grants).
Does Nuveen Benevolent Trust Charles L Michod Jr give general operating support?
Yes: 100% of Nuveen Benevolent Trust Charles L Michod Jr's 2024 grants with a stated purpose (20 of 20) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Nuveen Benevolent Trust Charles L Michod Jr's largest grantees?
Nuveen Benevolent Trust Charles L Michod Jr's largest 2024 grantees include Nuveen Community Center for the Arts ($35,000), School of the Art Institute ($35,000) and New Canaan Land Trust ($5,000), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Nuveen Benevolent Trust Charles L Michod Jr?
Nuveen Benevolent Trust Charles L Michod Jr reported $1.6M in total assets on its 2024 IRS Form 990-PF. It paid out $117K in qualifying distributions that year, against a required minimum of $94K (roughly 5% of its investment assets).
What does Nuveen Benevolent Trust Charles L Michod Jr fund?
No mission statement for the Trust is provided. Its 2024 grants included support for organizations with varied missions. For example, Vermont Law School says it educates students to use law to serve their communities and the world. See mission & focus areas ↑
How do I apply for a grant from Nuveen Benevolent Trust Charles L Michod Jr?
The filing lists Charles L. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Nuveen Benevolent Trust Charles L Michod Jr's EIN?
Nuveen Benevolent Trust Charles L Michod Jr's EIN (Employer Identification Number) is 36-6069509. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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