Nuveen Benevolent Trust

CHICAGO, IL EIN: 36-6069509 Website

Nuveen Benevolent Trust Charles L Michod JR is a private foundation located in Chicago, Illinois. Established in 1938, the organization operates as a 501(c)(3) exempt private foundation with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$111K

+3.5% YoY

Grant Count

+11.1% YoY

Avg Grant Size

$6K

-6.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation primarily funds general causes across various sectors. Recent grantmaking demonstrates support for educational institutions, land conservation, and arts organizations.

Grantmaking

The foundation made 21 grants in 2024. Recent grants include:

Ready to take the next step with Nuveen Benevolent Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Illinois $195K (36%)

Michigan $175K (32%)

New York $52K (9%)

Connecticut $45K (8%)

Rhode Island $25K (5%)

Vermont $25K (5%)

Massachusetts $16K (3%)

Florida $7K (1%)

+2 more states

States

California Connecticut Florida Illinois Massachusetts Michigan New Hampshire New York Rhode Island Vermont

Cities

ALBANYBOCA GRANDEBOLTON LANDINGBURLINGTONCHICAGOCONCORDLAKE GEORGELEXINGTONMONTAGUENEW CANAANNEW YORKNORWALKPROVIDENCESANTA MONICASOUTH ROYALTONSTAMFORDWILLIAMSTOWN

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary

Total Assets: $1,553,880
Total Revenues: $117,148
Total Expenses: $140,893
Investment Income and Dividends: $48,826
Net Gain from Sale of Non-Inventory Assets: $68,322

2023 Comparison

Investment Income and Dividends: $51,750 (representing a 5.7% decrease from 2023)

The foundation operates with zero employees and relies on investment income to support its grantmaking activities.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	—	—	—
Revenue	—	—	—
Expenses	—	—	—
Qualifying Distributions	—	—	—
Net Investment Income	—	—	—
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

100 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nuveen Community Center for the Arts ($35,000), School of the Art Institute ($35,000), New Canaan Land Trust ($5,000).

Recipient	Purpose	Amount
AMERICAN FARM SCHOOL ANNUAL FUND NEW YORK, NY	GENERAL	$500
BOCA GRANDE HEALTH CLINIC FOUNDATION BOCA GRANDE, FL	GENERAL	$1,000
FSH SOCIETY LEXINGTON, MA	GENERAL	$2,000
LAKE GEORGE ASSOCIATION LAKE GEORGE, NY	GENERAL	$1,000
LAKE GEORGE LAND CONSERVANCY BOLTON LANDING, NY	GENERAL	$1,000
LINCOLN PARK ZOO CHICAGO, IL	GENERAL	$1,000
NEW CANAAN LAND TRUST NEW CANAAN, CT	GENERAL	$5,000
NEW CANAAN YMCA NEW CANAAN, CT	GENERAL	$1,000
NUVEEN COMMUNITY CENTER FOR THE ARTS MONTAGUE, MI	GENERAL	$35,000
RHODE ISLAND SCHOOL OF DESIGN PROVIDENCE, RI	GENERAL	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CHARLES L MICHOD JR	MANAGING TRUSTEE	10	$12,000
THOMAS H REYNOLDS	TRUSTEE	10	—

Frequently Asked Questions

What does Nuveen Benevolent Trust fund?

The foundation primarily funds general causes across various sectors. Recent grantmaking demonstrates support for educational institutions, land conservation, and arts organizations.

How do I apply for a grant from Nuveen Benevolent Trust?

**Grant Activity** The foundation made 21 grants in 2024. Recent grants include: • New Canaan Land Trust: $5,000 (2024) • Vermont Law and Graduate School (VLS): $5,000 (2024) • Rhode Island School of Design (RISD): $5,000 (2024) The foundation also supports the Nuveen Community Center For The Arts.