The Christopher L & M Susan Gust logo

The Christopher L & M Susan Gust

CHICAGO, IL EIN: 61-1405669 Website

The Christopher L & M Susan Gust Foundation is a private foundation established in 2001 and based in Chicago, Illinois. The foundation operates as a family foundation with a strategic focus on inclusive education and human services, working primarily through partnerships with educational institutions and community organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$63.5M

+364.9% YoY

Annual Giving

$1.6M

-8.5% YoY

Grant Count

33

-17.5% YoY

Avg Grant Size

$47K

+10.9% YoY

Under IRS private-foundation payout rules, The Christopher L & M Susan Gust reported a distributable amount of $3.1M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary mission centers on supporting inclusive and equitable education practices. Specifically, the foundation continues its partnership with Chicago Public Schools that are committed to school-wide inclusive and equitable practices for all students, regardless of race, ethnicity, national origin, gender identity, or disability status.

Key program areas include:

  • Inclusive Education: Supporting school communities through professional development, trainings, and seminars designed to cultivate inclusive and equitable visions for all students
  • Staff Development: Providing funded travel and conference registrations for programs enhancing professional development
  • Supplemental Support Services: Providing students with disabilities supplemental support services in the form of testing
  • Education, Philanthropy, Voluntarism & Grantmaking, and Human Services

Grantmaking

The foundation operates on an invitation-only basis and does not accept unsolicited proposals.

Grant Range

$1,000 - $550,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in:

  • Chicago, Illinois (primary focus)
  • Illinois
  • Massachusetts
  • New York

Grant Distribution by State

11states
+3 more states

Cities

Ann ArborBostonBridgmanCarol StreamCharlestonChicagoCrystal LakeDenverDoverEvanstonHighland ParkIndianapolisJacksonLake BluffLemontLincolnwoodManhattan BeachMemphisMonroviaMontgomery

Financial History

Multi-year comparison from IRS filings

As of 2024

  • Total assets: $63,489,877 - $63,499,877
  • Total revenues: $52,378,714
  • Total expenses: $2,544,075
  • Annual giving: $1,549,945 - $1,559,945
  • Number of employees: 4
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14M$29M$43M$58M20202021202220232024
Metric202420232022
Total Assets$63,489,877$13,655,238$14,060,902
Revenue$52,378,714$2,433,375$1,731,602
Expenses$2,544,075$2,838,903$2,313,288
Qualifying Distributions$2,389,185$2,706,517$2,163,178
Net Investment Income$2,234,212$2,306,237$1,617,707
Distributable Amount$3,098,102$2,396,161$2,404,149

Giving Over Time

Total grant dollars and number of grants per year

$0$542K$1M$2M$2M41 grants202042 grants202138 grants202240 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST IGNATIUS COLLEGE PREP$550KUNIVERSITY OF MICHIGAN$300KREHAB INSTITUTE OF CHICA…$100KTEAM IMPACT$100KCONCUSSION LEGACY FOUNDA…$95KMISSION OF OUR LADY OF A…$51KASPIRITECH$50KGREATER CHICAGO FOOD DEP…$50KINTERNATIONAL SPORTS CORP$50KNOURISHING HOPE (FKA LAK…$25K

Grant Size Distribution

194 grants across all recorded years

154<$50K21$50–100K10$100–250K5$250–500K2$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Ignatius College Prep ($550,000), University of Michigan ($300,000), Rehab Institute of Chicago (shirley Ryab Ability Lab) ($100,000).

RecipientPurposeAmount
AMERICAN CIVIL LIBERTIES UNION NEW YORK, NYGENERAL PURPOSE$10,000
ASPIRITECH EVANSTON, ILGENERAL PURPOSE$50,000
BERNIE'S BOOK BANK LAKE BLUFF, ILGENERAL PURPOSE$2,500
CENTER FOR INDEPENDENT FUTURES EVANSTON, ILGENERAL PURPOSE$10,000
CHICAGO COALITION FOR THE HOMELESS CHICAGO, ILGENERAL PURPOSE$10,000
CHICAGO PUBLIC MEDIA CHICAGO, ILGENERAL PURPOSE$10,000
CHICAGO PUBLIC SCHOOLSHELEN C PEIRCE INTERNATIONAL STUDIES SCHOOL CHICAGO, ILTEACHER TRAINING/SUPPORT$8,800
CHICAGO PUBLIC SCHOOLSJOHN FISKE ELEMENTARY SCHOOL CHICAGO, ILTEACHER TRAINING/SUPPORT$2,800
CHICAGOLAND HOCKEY CHARITIES CRYSTAL LAKE, ILGENERAL PURPOSE$2,575
CONCUSSION LEGACY FOUNDATION BOSTON, MAGENERAL PURPOSE$95,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Susan Gust, Founding Director
  • Jennifer Larry, Co-Director
  • Lindsay Kovarik, Co-Director

Contact Information

  • Address: 141 W Jackson Blvd Ste 1310, Chicago, IL 60604-3103
  • Phone: 312-543-1050
  • Website: www.gustfoundation.org

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHRISTOPHER L GUSTDIRECTOR5
M SUSAN GUSTDIRECTOR15
DIANE EDMUNDSONDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Christopher L & M Susan Gust fund?

The foundation's primary mission centers on supporting inclusive and equitable education practices. Specifically, the foundation continues its partnership with Chicago Public Schools that are committed to school-wide inclusive and equitable practices for all students, regardless of race, ethnicity, national origin, gender identity, or disability status. Key program areas include: • **Inclusive Education**: Supporting school communities through professional development, trainings, and seminars d…

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

**Grant Activity (2024)** • Number of grants awarded: 33-41 grants • Total annual giving: $1,549,945 - $1,559,945 • Grant range: $1,000 - $550,000 • Typical awards: $500-$550,000 **Application Process** The foundation operates on an invitation-only basis and does not accept unsolicited proposals.

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

The foundation's grantmaking is primarily concentrated in: • Chicago, Illinois (primary focus) • Illinois • Massachusetts • New York

What size grants does The Christopher L & M Susan Gust award?

In 2024, The Christopher L & M Susan Gust awarded 33 grants totaling $1.6M — an average of about $47K per grant, based on its IRS Form 990 filings.

How much is The Christopher L & M Susan Gust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Christopher L & M Susan Gust reported a distributable amount of $3.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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

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