Robert R Mccormick Foundation logo

Robert R Mccormick Foundation

CHICAGO, IL EIN: 36-3689171 Website

The Robert R. McCormick Foundation is a major private foundation established in 1955 following the death of Colonel Robert R. McCormick, longtime editor and publisher of the Chicago Tribune. Based in Chicago, Illinois, the foundation invests in organizations working to build thriving communities where all individuals have the resources and opportunities to succeed, without regard to income, race, ethnicity, gender, or ZIP code. Since its founding, the foundation has granted more than $1.8 billion to advance its mission.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8B

+7.0% YoY

Annual Giving

$106.1M

+53.4% YoY

Grant Count

255

+8.5% YoY

Avg Grant Size

$416K

+41.3% YoY

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

Mission & Focus Areas

Mission Statement: The Robert R. McCormick Foundation invests in organizations working to build thriving communities in Chicagoland where all individuals have the resources and opportunities to succeed, without regard to income, race, ethnicity, gender, or ZIP code.

Primary Focus Areas:

  • Early Childhood Education – Supporting children from birth through kindergarten throughout Illinois, with particular focus on birth to three years
  • Journalism – Augmenting investigative journalism and government accountability, including news literacy and journalism education
  • Veterans – Supporting military service members, veterans, and their families
  • Thriving Communities – Building community capacity and supporting public safety initiatives
  • Strengthening Democracy – Supporting civic engagement and informed citizenship

Geographic Priorities: The foundation deepens its partnerships in specific Chicago neighborhoods including Englewood, Little Village, and several other communities in partnership with the United Way of Metro Chicago.

Grantmaking

The foundation operates on an invitation-only basis. No unsolicited applications are accepted. The foundation proactively identifies organizations with deep local knowledge and inclusive relationships to propel their communities forward.

Grant Range

s:**

Average Grant

amount: $5,206–$33,451,760

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's primary geographic focus is the Chicagoland region, particularly Chicago's South and West Sides. The foundation has deepened its partnerships in specific neighborhoods including Englewood and Little Village, working in partnership with the United Way of Metro Chicago. While the foundation's primary focus is Illinois, it also makes grants in New York and Virginia.

Grant Distribution by State

27states
+19 more states

Cities

AlexandriaAmblerAmericusAnn ArborAppletonArlingtonArlington HeightsAtlantaAustinBala CynwydBeach ParkBedford ParkBerwynBethesdaBloomingtonBostonBrightonBronxBurbankCambridge

Financial History

Multi-year comparison from IRS filings

Assets:

  • Total assets (2024): $1,752,906,507

Annual Giving:

  • Total giving (2024): $106,109,788
  • Total giving (2023): $69,921,502
  • Annual giving (2023): $69.9M

Revenue & Expenses:

  • Total revenues (2024): $105,305,792
  • Total expenses (2024): $114,636,034

Donor-Advised Funds: According to its 2024 tax filing, the foundation operates a donor-advised fund through which donors can direct the distribution or investment of funds.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$32M$63M$95M$126M20202021202220232024
Metric202420232022
Total Assets$1,752,906,507$1,638,068,225$1,467,739,432
Revenue$105,305,792$97,553,776$64,881,149
Expenses$114,636,034$78,215,597$102,934,841
Qualifying Distributions
Net Investment Income$88,272,216$82,969,119$51,504,786
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$27M$53M$80M$106M371 grants2020239 grants2021241 grants2022235 grants2023255 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CANTIGNY FOUNDATION$33.5MBIG SHOULDERS FUND$2.0MBETTER GOVERNMENT ASSOCI…$1.2MBRIGHTPOINT$1.1MBOTTOM LINE INC$620KCENTRAL STATES SER JOBS …$546KADVANCE ILLINOIS$400KCARA PROGRAM$400KAMERICAN NATIONAL RED CR…$393KCHAPIN HALL CENTER FOR C…$350K

Grant Size Distribution

250 grants across all recorded years

114<$50K34$50–100K61$100–250K19$250–500K8$500K–1M10$1–5M4$5M+

Open Grants

6 open opportunities from Robert R Mccormick Foundation

Show all 6 →

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TIMOTHY KNIGHTPRESIDENT & CHIEF EXECUTIVE …$566KCARLA BEALCIO & TREASURER$463KBRYAN STOKESDIRECTOR, EDUCATION PORTFOLIO$199KJOSE RODRIGUEZDIRECTOR,COMMUNITY CAPITAL P…$193KANNA LAUBACHDIRECTOR, SPECIAL INITIATIVES$192KKATYA NUQUESDIRECTOR, LITTLE VILLAGE POR…$190KMIRLENE DOSSOUSDIRECTOR, ENGLEWOOD PORTFOLIO$186KANDRES TORRESVP-STRATEGY, PLANNING & OPS.…$183KOSCAR REGALADOVP-HUMAN RESOURCES$169KDENNIS FITZSIMONSCHAIRMAN OF THE BOARD$28KLEE HENDERSONDIRECTOR$28KMARY K LAWLERDIRECTOR (AS OF 06/24)$28KWILLIAM MCCLEANDIRECTOR$28KRUTHELLYN MUSILDIRECTOR$28KCELENA ROLDANDIRECTOR$28KSCOTT SMITHDIRECTOR$28K

From 2024 filing

NameTitleHoursCompensation
DENNIS FITZSIMONSCHAIRMAN OF THE BOARD2$27,500
LEE HENDERSONDIRECTOR2$27,500
MARY K LAWLERDIRECTOR (AS OF 06/24)2$27,500
WILLIAM MCCLEANDIRECTOR2$27,500
RUTHELLYN MUSILDIRECTOR2$27,500
CELENA ROLDANDIRECTOR2$27,500
SCOTT SMITHDIRECTOR2$27,500
TIMOTHY KNIGHTPRESIDENT & CHIEF EXECUTIVE OFFICER28$566,311
CARLA BEALCIO & TREASURER32$462,758
ANDRES TORRESVP-STRATEGY, PLANNING & OPS./SEC.24$183,199
OSCAR REGALADOVP-HUMAN RESOURCES24$168,951
ANNA LAUBACHDIRECTOR, SPECIAL INITIATIVES40$191,986
KATYA NUQUESDIRECTOR, LITTLE VILLAGE PORTFOLIO40$190,061
MIRLENE DOSSOUSDIRECTOR, ENGLEWOOD PORTFOLIO40$185,933
JOSE RODRIGUEZDIRECTOR,COMMUNITY CAPITAL PORTFOLIO40$192,893
BRYAN STOKESDIRECTOR, EDUCATION PORTFOLIO40$199,112

Recent News & Activity

Recent developments and announcements

The foundation has funded several notable initiatives in recent years:

**News Literacy and Journalism Education:** The foundation has funded community-based approaches to news literacy and journalism education, reinforcing the importance of these areas to informed citizenship.

Robert R. McCormick Foundation Funds Community-Based Approaches to News Literacy

**Northwestern University Medill Hub:** The foundation is supporting the launch of a hub at Northwestern University's Medill School to provide services to Chicago news outlets and continue programs to strengthen local news.

Medill will launch hub to provide services to Chicago news outlets ...

**Youth Programs in Little Village:** The foundation awarded a $1 million grant to support youth programs in the Little Village neighborhood.

Robert R. McCormick Foundation\u2019s $500,000 Grant Fuels Expansion of\

**Educator Test Prep Program:** A $500,000 grant was awarded to expand an educator test preparation program.

Robert R. McCormick Foundation\u2019s $500,000 Grant Fuels Expansion of\

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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