P33
P33 is a public charity based in Chicago, Illinois, founded in 2019 by civic and business leaders. It works to transform Chicago into a tier-one technology and innovation hub while promoting inclusive economic growth.
P33 at a glance
In short: P33 gave $410K across 15 grants in 2025 (avg $27K), mostly in Illinois. 87% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $410,000
- -35.6% vs 2024
- Grants made (2025)
- 15
- -37.5% vs 2024
- Average grant
- $27,333
- +3.0% vs 2024
- Median grant
- $25,000
- Total assets
- $13,159,207
- -8.8% vs 2024
- New grantees (estimate)
- 87% first-time grantees (13 of 15, 2025; small sample)
- Primary geography
- Illinois (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to P33
- Contact
Mailing address: 400 N Aberdeen Street 1075, Chicago, IL 60642
Phone: (312) 517-8830
Website: https://p33chicago.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who P33 funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Pulse Charter Connect Inc ($100K). Together the top 10 received $325K.
Grant Size Distribution
124 grants across all recorded years
The most common grant size was under $50K: 112 grants of 124 (90%).
Geographic Focus
Where this funder awards grants
P33’s stated work centers on Chicago and the surrounding region. In 2025, 79% of its grant dollars went to recipients in Illinois, 18% to recipients in Delaware, and 2% to recipients in California.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
Is P33 open to new grantees?
87%
first-time grantees, 2025
In 2025, 13 of 15 grantees (87%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $22K; repeat grants $63K. How we count
Medians: $25K first-time, $63K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). 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 2021 to 2025, annual grant giving ranged from $335K (2021) to $1.5M (2022). In 2025 it made 15 grants totaling $410K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pulse Charter Connect Inc Chicago, IL | Techrise Winner | $100,000 |
| Banrion Capital Management Inc Wilmington, DE | Techrise Winner | $25,000 |
| Truefiktion LLC Chicago, IL | Techrise Winner | $25,000 |
| Acorn Genetics Inc Chicago, IL | Techrise Winner | $25,000 |
| Arrington and Medina LLC Wilmette, IL | Techrise Winner | $25,000 |
| Trinum Apps CO Chicago, IL | Techrise Winner | $25,000 |
| Momentum Coffee Holding Inc Chicago, IL | Techrise Winner | $25,000 |
| The RB Premium Products LLC Chicago, IL | Techrise Winner | $25,000 |
| Cricket Hill Inc Chicago, IL | Techrise Winner | $25,000 |
| The Dev Difference LLC Wilmington, DE | Techrise Winner | $25,000 |
Ready to take the next step with P33?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $13,159,207 | $5,753,320 | $6,777,726 | $410,000 | 15 | $72,344 |
| 2024 | $14,424,883 | $12,737,242 | $6,430,745 | $636,666 | 24 | $92,234 |
| 2023 | $8,026,757 | $3,555,361 | $5,669,055 | $790,000 | 28 | $57,938 |
| 2022 | $9,667,963 | $3,440,251 | $5,587,527 | $1,462,500 | 46 | $3,080 |
| 2021 | $11,598,229 | $6,724,647 | $3,955,839 | $334,629 | 11 | $1,969 |
| 2020 | $8,719,633 | $10,917,479 | $2,403,817 | — | — | $5,962 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
P33’s stated mission is to transform Chicago into a tier-one technology and innovation hub and promote inclusive economic growth. Its filing describes work in four areas: accelerating capital for the region’s startup and venture economy; telling Chicago’s tech story to retain and attract key audiences; building a diverse tech talent pipeline; and developing regional deep-tech ecosystems and emerging markets.
Its initiatives include TechRise, which provides grants and other support to early-stage Chicago founders; Speed Round, which offers coaching and business-growth resources; and the TechChicago Common App, which connects Chicagoland founders with startup-program applications and investors. P33 also describes Innovate Illinois as a public-private partnership seeking federal funding for Illinois science, technology, and climate initiatives, and Velocity as a regional fund initiative intended to expand access to capital.
Grantmaking
In filing year 2025, P33 reported 15 grants totaling $410,000. Grant amounts ranged from $10,000 to $100,000, with a median of $25,000. The listed grants were designated “TECHRISE WINNER.” P33’s website says it has deployed more than $3 million in TechRise grants since the program launched in 2021.
The largest listed grant was $100,000 to PULSE CHARTER CONNECT INC in Chicago, Illinois. Other listed grants of $25,000 each went to BANRION CAPITAL MANAGEMENT INC, TRUEFIKTION LLC, ACORN GENETICS INC, ARRINGTON AND MEDINA LLC, TRINUM APPS CO, MOMENTUM COFFEE HOLDING INC, THE RB PREMIUM PRODUCTS LLC, CRICKET HILL INC, THE DEV DIFFERENCE LLC, SALUBATA INC, and ROUND GROW INC.
The 2024 filing states that TechRise grant recipients are required to report quarterly on their use of funds.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Chris Gladwin as chair; Garry Cooper and Jennifer Scanlon as vice chairs; and Philip Alphonse, Feyi Ayodele, Brian Barnes, Peter Barris, Rashid Bashir, Chris Cartwright, and Brenda Darden Wilkerson as directors. P33’s website identifies Penny Pritzker, Chris Gladwin, and Kelly Welsh as founders.
P33 is led by Brad Henderson, CEO on every filing since 2022; 7 of 34 officers listed in 2025 are compensated.
Officers on the 2025 filing
Brad Henderson
CEO
On filings since 2022
40 hrs/week
$510K (2022) → $715K (2025)
Chris Gladwin
Chair
Director & Vice Chair → Vice Chair, 2022
Vice Chair → Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Claude Cimeus
Director of Platform
New on the 2025 filing
40 hrs/week
$135K (2025)
Diane Primo
Director
On filings since 2020
1 hr/week
No compensation reported
Julia Stasch
Director
On filings since 2020
1 hr/week
No compensation reported
Kate Gebo
Director
On filings since 2020
1 hr/week
No compensation reported
Kate Timmerman
Director
On filings since 2020
1 hr/week
No compensation reported
Kelly R. Welsh
Director
Director & Vice Chair → Vice Chair, 2022
Vice Chair → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Margarita Chavez
Director
On filings since 2020
1 hr/week
No compensation reported
Maria Wynne
Director
Treasurer → Treasurer & Director, 2024
Treasurer & Director → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Mike Gamson
Director
On filings since 2020
1 hr/week
No compensation reported
Tom Wilson
Director
On filings since 2020
1 hr/week
No compensation reported
Helen Sun
Director
On filings since 2021
1 hr/week
No compensation reported
Peter Barris
Director
On filings since 2021
1 hr/week
No compensation reported
Richard Edelman
Director
On filings since 2021
1 hr/week
No compensation reported
Brenda Darden Wilkerson
Director
On filings since 2022
1 hr/week
No compensation reported
Chris Cartwright
Director
On filings since 2022
1 hr/week
No compensation reported
Philip Alphonse
Director
On filings since 2022
1 hr/week
No compensation reported
Amanda Lannert
Director
On filings since 2023
1 hr/week
No compensation reported
Brian Barnes
Director
On filings since 2023
1 hr/week
No compensation reported
Derek Douglas
Director
On filings since 2023
1 hr/week
No compensation reported
Feyi Olapade Ayodele
Director
On filings since 2023
1 hr/week
No compensation reported
Rashid Bashir
Director
On filings since 2023
1 hr/week
No compensation reported
Jai Shekhawat
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kristi Ross
Director
New on the 2025 filing
1 hr/week
No compensation reported
Sabina Ewing
Director
New on the 2025 filing
1 hr/week
No compensation reported
Tom South
Director
New on the 2025 filing
1 hr/week
No compensation reported
Nuwan Samaraweera
COO & Executive Vice President
Chief Operating Officer & Secretary → COO & Secretary, 2022
COO & Secretary → COO & Executive Vice President, 2024
On filings since 2020
40 hrs/week
$63K (2020) → $317K (2025)
Desiree Vargas Wrigley
CIO
Executive Director & Start Right → Executive Director & Start, 2023
Executive Director & Start → CIO, 2024
On filings since 2022
40 hrs/week
$182K (2022) → $316K (2025)
Aleena Agrawal
Vice President of Talent S
Vice President of Talent Solutions → Vice President of Talent S, 2025
On filings since 2024
40 hrs/week
$134K (2024) → $151K (2025)
Meera Raja
Vice President of Deep Tech
On filings since 2024
40 hrs/week
$140K (2024) → $163K (2025)
Tifair Gillespie Hamed
Chief Growth Officer
On filings since 2024
40 hrs/week
$198K (2024) → $210K (2025)
Jennifer Scanlon
Vice Chair
Director → Vice Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Garry Cooper
Vice Chair
Director → Vice Chair, 2024
On filings since 2021
1 hr/week
No compensation reported
Former officers (19)
- Former: Jenny Scanlon (2022–2024) — Vice Chair
- Former: Alexandra Krall (2024) — Director of Talent Solutions
- Former: Cluade Cimeus (2024) — Director of Platform
- Former: Leen Bnyat (2024) — Senior Development Director
- Former: Penny Pritzker (2020–2023) — Chair
- Former: Angel Mendez (2021–2023) — Director
- Former: Erin Amico Wegscheider (2021–2023) — Chief Marketing Officer
- Former: Matt Muench (2021–2023) — Chief Impact Officer
- Former: Evan L. Shy (2023) — Staff
- Former: Louisa A. Shepherd (2023) — Vice President Finance, Strategy & Operations
- Former: Brandi Bridges (2021–2022) — Senior Vice President & Industry
- Former: Trabian Shorters (2021–2022) — Director
- Former: Cole Johnson (2022) — Vice President & Deep Tech
- Former: Andreas Cangellaris (2020–2021) — Director
- Former: Bradley Henderson (2020–2021) — CEO
- Former: Brenda Darden-Wilkerson (2021) — Director
- Former: John Ramirez (2021) — Chief Product Officer · Filing note: Thru 072020
- Former: Michele Hoffmann (2021) — Senior Vice President & Life Sciences
- Former: Phil Alphonse (2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $715K, to Brad Henderson (CEO). 7 officers or directors reported compensation on that filing.
Frequently asked questions about P33
How much does P33 give each year?
P33 gave $410K across 15 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $637K across 24 grants.
What is P33's typical grant size?
P33's median grant in 2025 was $25,000, and its average grant was $27,333, across 15 grants on its 2025 IRS Form 990. Organizations receiving their first grant from P33 that year got $22K on average.
Where does P33 give grants?
P33 gives mostly in Illinois: 79% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Delaware (18%). The most frequent recipient cities were Chicago, IL (10 grants) and Wilmington, DE (2 grants).
Does P33 give general operating support?
Occasionally: 7% of P33's 2025 grants with a stated purpose (1 of 15) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "Techrise Winner" (14 grants).
Who are P33's largest grantees?
P33's largest 2025 grantees include Pulse Charter Connect Inc ($100,000), Banrion Capital Management Inc ($25,000) and Truefiktion LLC ($25,000), according to its 2025 IRS Form 990. Together they received 37% of its itemized 2025 grant dollars.
How large is P33?
P33 reported $13.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.8M.
What does P33 fund?
P33’s stated mission is to transform Chicago into a tier-one technology and innovation hub and promote inclusive economic growth. See mission & focus areas ↑
How do I apply for a grant from P33?
P33 has no public application process in the sources Grantable reviewed. Check p33chicago.com for current guidelines, or contact the foundation directly before submitting a request.
What is P33's EIN?
P33's EIN (Employer Identification Number) is 83-2851368. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS December 21, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 1, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work P33 funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in P33's focus areas in our free grants database
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