The Chicago Innovation Foundation
The Chicago Innovation Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $105K in total assets. In 2024, it awarded 4 grants totaling $16K.
The Chicago Innovation Foundation at a glance
In short: The Chicago Innovation Foundation gave $16K across 4 grants in 2024 (avg $4K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $16,000
- +44.1% vs 2023
- Grants made (2024)
- 4
- +33.3% vs 2023
- Average grant
- $4,000
- +8.1% vs 2023
- Median grant
- $5,000
- Total assets
- $104,593
- -35.2% vs 2023
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to The Chicago Innovation Foundation
Open Grants
1 open opportunity from The Chicago Innovation Foundation
Who The Chicago Innovation Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Chicago Inventors Organization ($5K). Together the top 4 received $16K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How The Chicago Innovation Foundation gives
- Giving grew 100% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2020) to $26K (2022). In 2024 it made 4 grants totaling $16K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chicago Inventors Organization Chicago, IL | Provides Resources to Inventors | $5,000 |
| YMCA of Metropolitan Chicago Chicago, IL | Provide Resources to the Community | $5,000 |
| The Village Chicago Chicago, IL | Enhance the Quality of Life | $5,000 |
| The Chicago Help Initiative Chicago, IL | Providing Access to Food, Health Ser | $1,000 |
Ready to take the next step with The Chicago Innovation Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2024 | $104,593 | $945,992 | $1,016,197 | $16,000 | 4 | $16,000 |
| 2023 | $161,459 | $897,080 | $1,043,170 | $11,103 | 3 | $11,103 |
| 2022 | $307,549 | $652,729 | $649,674 | $26,400 | 5 | $53,594 |
| 2021 | $304,494 | $738,875 | $478,513 | $8,000 | 3 | $35,245 |
| 2020 | $44,132 | $479,737 | $443,170 | $5,000 | 1 | — |
Leadership & Key People
Officers and directors from IRS filings
The Chicago Innovation Foundation is led by Thomas Kuczmarski, President on every filing since 2020; all 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Thomas Kuczmarski
President
On filings since 2020
20 hrs/week
$33K (2020) → $42K (2024)
Luke Tanen
Executive Di
Executive Director → Executive Di, 2024
On filings since 2020
15 hrs/week
$85K (2020) → $126K (2024)
Rosalyn King
Treasurer
On filings since 2020
15 hrs/week
$19K (2020) → $54K (2024)
Data from IRS Form 990 filings, 2020–2024. "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 $126K, to Luke Tanen (Executive Di). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Chicago Innovation Foundation
How much does The Chicago Innovation Foundation give each year?
The Chicago Innovation Foundation gave $16K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 3 grants.
What is The Chicago Innovation Foundation's typical grant size?
The Chicago Innovation Foundation's median grant in 2024 was $5,000, and its average grant was $4,000, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Chicago Innovation Foundation give grants?
The Chicago Innovation Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (4 grants).
Does The Chicago Innovation Foundation give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on The Chicago Innovation Foundation's 2024 IRS Form 990-PF were described as general or operating support.
How large is The Chicago Innovation Foundation?
The Chicago Innovation Foundation reported $105K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $946K.
What is The Chicago Innovation Foundation's EIN?
The Chicago Innovation Foundation's EIN (Employer Identification Number) is 45-1225075. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Chicago Innovation Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Chicago Innovation Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
The Milton L Fish Jr Family
Chicago, IL
Assets
$429K
Grants
31
Total Given
$39K
IMC Chicago Charitable Foundation
Chicago, IL
IMC Chicago Charitable Foundation supports education, youth development, conservation, and Chicago-area impact enterprises, with grants and direct support to charitable organizations. In 2025, it awarded 47 grants totaling about $21.5 million; individual grants ranged from $2,058 to $17.8 million, though most were much smaller. It is based in Chicago, but 2025 grant dollars went mainly to Delaware and California, with some to Illinois; it funds only preselected organizations and does not accept unsolicited requests.
Assets
$56.0M
Grants
47
Total Given
$21.5M
Washington Square Health Foundation Inc
Chicago, IL
Washington Square Health Foundation funds medical and nursing education, clinical research, and direct healthcare services, including equipment and staffing, to improve access to care in the Chicagoland area. Its 2025 grants ranged from $250 to $50,000, with a median of $4,125. It accepts applications through an online process; applicants must apply through an eligible 501(c)(3) public charity and meet community-support requirements.
Assets
$20.7M
Grants
76
Total Given
$667K
Motorola Solutions Foundation
Chicago, IL
The Motorola Solutions Foundation funds first-responder programs and technology and engineering education, especially for under-resourced communities; its 2025 grants had a median of $35,000. It supports organizations worldwide, with priority for communities where Motorola Solutions operates, and accepts unsolicited requests through an annual letter-of-inquiry process, with full applications by invitation.
Assets
$1.2M
Grants
213
Total Given
$12.6M
Dana Corman Foundation
Chicago, IL
Assets
$574K
Grants
4
Total Given
$66K
Black Lives Matter Global Network Foundation Inc
Oakland, CA
Black Lives Matter Global Network Foundation ("blmgnf") is working inside and outside of the system to heal the past, re-imagine the present, and invest in the future of black lives through policy change, investment in our communities, and a commitment to arts and culture.Black Lives Matter Global Network Foundation imagines a world where black people across the diaspora thrive, experience joy, and are not defined by their struggles. By achieving liberation, we envision a future that is fully divested from police, prisons, and all punishment paradigms to be replaced with investment into justice, joy, and culture.
Assets
$28.4M
Grants
5
Total Given
$2.5M
More similar funders
More Funders in Illinois
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Chicago Innovation Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Chicago Innovation Foundation down — hundreds of funders to go?