The Christopher L & M Susan Gust logo

The Christopher L & M Susan Gust

Foundation · Grantmaker Chicago, IL EIN: 61-1405669 Website

THE CHRISTOPHER L & M SUSAN GUST is a private foundation based in Chicago, Illinois. It supports school communities working toward school-wide inclusive and equitable practices, and its 2025 grants also went to organizations working in areas including health, food assistance, housing, sports, and disability services.

Key facts about The Christopher L & M Susan Gust

In short: The Christopher L & M Susan Gust gave $2.1M across 37 grants in 2025 (avg $55K), mostly in Illinois. 38% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
61-1405669
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,050,906
Grants made (2025)
37
Average grant
$55,430
Median grant
$20,000
New grantees (estimate)
38% first-time grantees (14 of 37, 2025)
Total assets
$88,001,679
Primary geography
Illinois (67% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$88.0M

+38.6% YoY

Annual Giving

$2.1M

+32.3% YoY

Grant Count

37

+15.6% YoY

Avg Grant Size

$55K

+14.4% YoY

Under IRS private-foundation payout rules, The Christopher L & M Susan Gust reported a distributable amount of $5.9M for 2025 — the minimum it must pay out in qualifying distributions.

Is The Christopher L & M Susan Gust open to new grantees?

38%

first-time grantees, 2025

In 2025, 14 of 37 grantees (38%) were first-time recipients. First grants averaged $21K; repeat grants $76K. How we count

Medians: $5K first-time, $20K repeat.

  • 57% of 2025 grantees were also funded in 2024. Method
  • Giving grew 81% from 2022 to 2025. Method
  • In 2025 it paid out 51% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The Foundation’s stated mission is to partner with school leaders and communities committed to improving school-wide inclusive and equitable practices for all students. It supports school leadership and staff in developing an inclusive vision and structures to sustain it, with the goal of “Access for All.”

Its 2025 grants show support for a range of organizations. For example, Team Impact describes its mission as addressing the emotional trauma and social isolation experienced by children with serious and chronic illnesses by matching them with college athletic teams. The Greater Chicago Food Depository says its mission is to end hunger, while The Night Ministry describes providing human connection, housing support, and health care to people who are unhoused or experiencing poverty. Have Dreams says it helps people with autism spectrum disorder learn, function independently, and socialize. These are the grantees’ stated missions, not the Foundation’s.

Grantmaking

The Foundation awarded 37 grants totaling $2,050,906 in 2025. Grant amounts ranged from $500 to $525,000, with a median grant of $20,000. Among the largest awards were $525,000 to St. Ignatius College Prep for general purposes and its baseball and hockey programs; $300,000 to Team Impact for general purposes; and $265,529 to Concussion Legacy Foundation for general purposes. Other notable grants included $164,539 to Mission of Our Lady of Angels Church, $138,040 to Shirley Ryan AbilityLab, and $100,000 to the Greater Chicago Food Depository.

Review Cycle

or restrictions on awards. **How to apply:** The Foundation does not accept unsolicited requests or proposals. Its website directs interested school administrators to explore the partnership process and submit a partnership application.

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Geographic Focus

Where this funder awards grants

In 2025, 67% of grant dollars went to recipients in Illinois and 28% to recipients in Massachusetts. The remaining reported shares went to Colorado (2%), New York (1%), and Michigan (0%). The Foundation’s website describes its school-partnership work, and its 2025 filing reports a continuing partnership with Chicago Public Schools.

Grant Distribution by State

13states

Share of all 37 itemized 2025 grant dollars.

Cities

ChicagoEvanstonAnn ArborBostonNew YorkLake BluffMemphisMontgomeryOak ParkPark RidgeQuincyDenverNorth ChicagoWashingtonCarol StreamCrystal LakeIndianapolisHighland ParkLemontLincolnwood

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M48 grants201941 grants202042 grants202138 grants202240 grants202332 grants202437 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

St Ignatius College Prep: $525KSt Ignatius College Prep$525KTeam Impact: $300KTeam Impact$300KConcussion Legacy Foundation: $266KConcussion Legacy Foundation$266KMission of Our Lady of Angels Church: $165KMission of Our Lady of AngelsChurch$165KShirley Ryan Abilitylab (Fka Rehab Instiute of Chicago): $138KShirley Ryan Abilitylab (FkaRehab Instiute of Chicago)$138KGreater Chicago Food Depository: $100KGreater Chicago FoodDepository$100KChicago Mission Hockey: $53KChicago Mission Hockey$53KInternational Sports Corp: $50KInternational Sports Corp$50KNourishing Hope (Fka Lakeview Food Pantry): $50KNourishing Hope (Fka LakeviewFood Pantry)$50KThe Night Ministry: $50KThe Night Ministry$50K

Grant Size Distribution

189 grants across all recorded years

143<$50K25$50–100K11$100–250K6$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
ST IGNATIUS COLLEGE PREP Chicago, ILGENERAL PURPOSE/BASEBALL & HOCKEY PROGRAM$525,000
TEAM IMPACT Quincy, MAGENERAL PURPOSE$300,000
CONCUSSION LEGACY FOUNDATION Boston, MAGENERAL PURPOSE$265,529
MISSION OF OUR LADY OF ANGELS CHURCH Chicago, ILGENERAL PURPOSE/SUPPLIES FOR CHURCH$164,539
SHIRLEY RYAN ABILITYLAB (FKA REHAB INSTIUTE OF CHICAGO) Chicago, ILGENERAL PURPOSE$138,040
GREATER CHICAGO FOOD DEPOSITORY Chicago, ILGENERAL PURPOSE$100,000
CHICAGO MISSION HOCKEY Chicago, ILGENERAL PURPOSE$52,500
INTERNATIONAL SPORTS CORP Chicago, ILGENERAL PURPOSE$50,000
NOURISHING HOPE (FKA LAKEVIEW FOOD PANTRY) Chicago, ILGENERAL PURPOSE$50,000
THE NIGHT MINISTRY Chicago, ILGENERAL PURPOSE$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Number of grants
2025 $2,050,906 37
2024 $1,549,945 32
2023 $1,704,335 40
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M2019202020212022202320242025
Metric202520242023
Total Assets$88,001,679$63,499,877$13,655,238
Revenue$27,565,226$52,378,714$2,433,375
Expenses$3,063,424$2,534,075$2,838,903
Qualifying Distributions$3,028,355$2,379,185$2,706,517
Net Investment Income$2,562,081$2,234,212$2,306,237
Distributable Amount$5,947,358$3,098,102$2,396,161

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 18, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 26, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS December 3, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  8. Added Form 990-PF for fiscal year 2019 (received by the IRS June 18, 2020)
  9. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
  10. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  11. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  12. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 26, 2024)

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Christopher L. Gust, M. Susan Gust, and Diane Edmundson as directors. The Foundation’s team page identifies Susan Gust as Founding Director and Lindsay Kovarik and Jennifer Larry as Co-Directors.

The Christopher L & M Susan Gust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Christopher L. Gust

    Director

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Diane Edmundson

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • M. Susan Gust

    Director

    On filings since 2019

    15 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Christopher L Or Susan Gust The Chr
Mailing address: 141 W Jackson Blvd Ste 1310, Chicago, IL 60604
Phone: (312) 391-6354
Website: https://gustfoundation.org

Frequently asked questions about The Christopher L & M Susan Gust

How much does The Christopher L & M Susan Gust give each year?

The Christopher L & M Susan Gust gave $2.1M across 37 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.5M across 32 grants.

What is The Christopher L & M Susan Gust's typical grant size?

The Christopher L & M Susan Gust's median grant in 2025 was $20,000, and its average grant was $55,430, across 37 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Christopher L & M Susan Gust that year got $21K on average.

Where does The Christopher L & M Susan Gust give grants?

The Christopher L & M Susan Gust gives mostly in Illinois: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (28%). The most frequent recipient cities were Chicago, IL (21 grants) and Evanston, IL (2 grants).

Does The Christopher L & M Susan Gust give general operating support?

Yes: 95% of The Christopher L & M Susan Gust's 2025 grants with a stated purpose (35 of 37) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Christopher L & M Susan Gust's largest grantees?

The Christopher L & M Susan Gust's largest 2025 grantees include St Ignatius College Prep ($525,000), Team Impact ($300,000) and Concussion Legacy Foundation ($265,529), according to its 2025 IRS Form 990-PF. Together they received 53% of its itemized 2025 grant dollars.

How large is The Christopher L & M Susan Gust?

The Christopher L & M Susan Gust reported $88.0M in total assets on its 2025 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $5.9M (roughly 5% of its investment assets).

What does The Christopher L & M Susan Gust fund?

The Foundation’s stated mission is to partner with school leaders and communities committed to improving school-wide inclusive and equitable practices for all students. It supports school leadership and staff in developing an inclusive vision and structures to sustain it, with the goal of “Access for All.” Its 2025 grants show support for a range of organizations. For example, Team Impact describes its mission as addressing the emotional trauma and social isolation experienced by children with …

How do I apply for a grant from The Christopher L & M Susan Gust?

The Foundation awarded 37 grants totaling $2,050,906 in 2025. Grant amounts ranged from $500 to $525,000, with a median grant of $20,000. Among the largest awards were $525,000 to St. Ignatius College Prep for general purposes and its baseball and hockey programs; $300,000 to Team Impact for general purposes; and $265,529 to Concussion Legacy Foundation for general purposes. Other notable grants included $164,539 to Mission of Our Lady of Angels Church, $138,040 to Shirley Ryan AbilityLab, and …

What is The Christopher L & M Susan Gust's EIN?

The Christopher L & M Susan Gust's EIN (Employer Identification Number) is 61-1405669. IRS Form 990 filing data is available on this page for 2019–2025.

Does The Christopher L & M Susan Gust accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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