The Allee Foundation
The Allee Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $144K in total assets. In 2024, it awarded 9 grants totaling $80K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$144K
-31.2% YoY
Annual Giving
$80K
+31.1% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$9K
+2.0% YoY
Under IRS private-foundation payout rules, The Allee Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
About The Allee Foundation
Based on IRS filings
The Allee Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $144K in total assets. In 2024, it awarded 9 grants totaling $80K. Net investment income was $11K.
Ready to take the next step with The Allee Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $144,219 | $209,469 | $275,878 |
| Revenue | $16,211 | $15,305 | $325,337 |
| Expenses | $84,795 | $81,718 | $49,459 |
| Qualifying Distributions | $80,000 | $78,159 | $48,909 |
| Net Investment Income | $11,431 | $12,170 | $16,640 |
| Distributable Amount | $10,523 | $11,579 | $14,881 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Virginia ($20,000), Polaris Charter Academy ($15,000), The Aspen Institute ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Polaris Charter Academy Chicago, IL | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $15,000 |
| Detroit Acheivement Academy Detroit, MI | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $5,000 |
| The Aspen Institute Aspen, CO | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $15,000 |
| University of Virginia Charlottesville, VA | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $20,000 |
| Union of Concerned Scientists Cambridge, MA | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $5,000 |
| Citizen University Seattle, WA | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $5,000 |
| Council for Economic Education New York, NY | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $5,000 |
| Virginia Council on Economic Educat Richmond, VA | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $5,000 |
| Virginia Museum of History Culture Richmond, VA | TO SUPPORT CHARITABLE PURPOSE OF RECIPIENT ORGANIZATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ross Levine | President | — | — |
| Lauren Levine | Secretary | — | — |
| Steven M Jacob | Treasurer | — | — |
Frequently Asked Questions
How large is The Allee Foundation?
As of 2024, The Allee Foundation holds $144K in total assets with $16K in annual revenue. It awarded 9 grants totaling $80K in 2024.
Where does The Allee Foundation operate?
The Allee Foundation has awarded grants in Colorado, Illinois, Massachusetts, Michigan, New York, Virginia, Washington.
What size grants does The Allee Foundation award?
In 2024, The Allee Foundation awarded 9 grants totaling $80K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Allee Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Allee Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Allee Foundation's EIN?
The Allee Foundation's EIN (Employer Identification Number) is 88-1280925. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in The Allee Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Green and Blue Foundation
CHICAGO, IL
Assets
—
Grants
3
Total Given
$51K
Above and Beyond Daycare Center
FAIRVIEW HEIGHTS, IL
Assets
—
Grants
0
Total Given
—
Primo Center for Women & Children
CHICAGO, IL
Assets
$9.7M
Grants
1
Total Given
$35K
RHS Foundation
MOLINE, IL
Assets
$1.1M
Grants
37
Total Given
$342K
Rose Lafferty Educational Fund Xxxxx9006
CHICAGO, IL
Assets
$3.4M
Grants
1
Total Given
$228K
The John Crerar Foundation
CHICAGO, IL
Assets
$991K
Grants
1
Total Given
$35K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Allee Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Allee Foundation to a real strategy.