The Knowles Foundation

CHICAGO, IL EIN: 36-6051968

The Knowles Foundation is a private foundation based in Chicago, Illinois, established in 1956. The organization holds 501(c)(3) tax-exempt status and operates as a grantmaking foundation focused on supporting nonprofit organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.5M

+28.3% YoY

Grant Count

24

+9.1% YoY

Avg Grant Size

$61K

+17.6% YoY

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

Mission & Focus Areas

The foundation's primary funding areas include:

  • Arts & Culture — particularly music education and music therapy
  • Education — including student and family performances and school experiences
  • Health Care — with specific focus on nursing and healthcare initiatives
  • Community Services — including food security, environmental conservation, and animal welfare
  • Religious Charities & Missions

Grantmaking

The Knowles Foundation distributes grants through several distinct programs:

Grant Range

$10,000–$100,000

Average Grant

$49,907

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Geographic Focus

Where this funder awards grants

The Knowles Foundation primarily funds organizations in Illinois, with a concentration in the Chicago metropolitan area and surrounding communities including Evanston and Hoffman Estates.

Grant Distribution by State

2states

Cities

CHICAGOELMHURSTEVANSTONHINSDALEHOFFMAN ESTATESLISLELisleMAYHOODROCHESTER

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending September 2024:

  • Total Assets: $23,352,657
  • Total Revenues: $780,062
  • Total Expenses: $1,707,924
  • Total Giving: $1,518,069
  • Giving Rate: 6.4%

Previous Year (FYE September 2023):

  • Total Assets: $24.3 million
  • Total Revenues: $2,351,709
  • Total Expenses: $1.38 million

The foundation is supported by the Nancy W. Knowles Trust.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$363K$726K$1M$1M25 grants202025 grants202125 grants202222 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MERIT SCHOOL OF MUSIC$188KRAY GRAHAM ASSOCIATION$100KGIGI'S PLAYHOUSE INC$100KLYRIC OPERA OF CHICAGO$100KCHICAGO ARCHITECTURE CEN…$75KELMHURST MEMORIAL HOSPITAL$75KFRIENDS OF THE CHICAGO R…$75KLOYOLA UNIVERSITY MEDICA…$75KADLER PLANETARIUM$70KMERIT SCHOOL OF MUSIC$68K

Grant Size Distribution

121 grants across all recorded years

57<$50K47$50–100K17$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Merit School of Music ($187,500), Ray Graham Association ($100,000), Gigi's Playhouse Inc ($100,000).

RecipientPurposeAmount
ADLER PLANETARIUM CHICAGO, ILSCHOOL EXPERIENCES PROGRAM$70,000
ALLIANCE FOR THE GREAT LAKES CHICAGO, ILGENERAL FUND$30,000
CHICAGO ARCHITECTURE CENTER CHICAGO, ILGENERAL FUND$75,000
ELMHURST MEMORIAL HOSPITAL ELMHURST, ILBREAST HEALTH PROGRAM$75,000
FOUNDATION FOR HEARING AND SPEECH RESEARCH CHICAGO, ILMUSIC TO MY EARS PROGRAM$32,000
FOUNDATION FOR HEARING AND SPEECH RESEARCH CHICAGO, ILMUSIC THERAPY PROGRAM$15,000
FOUNDATION FOR HEARING AND SPEECH RESEARCH CHICAGO, ILGENERAL FUND$28,000
RAY GRAHAM ASSOCIATION Lisle, ILHANSON CENTER$100,000
RAY GRAHAM ASSOCIATION Lisle, ILABLE CAMPAIGN$50,000
FRIENDS OF THE CHICAGO RIVER CHICAGO, ILGENERAL FUND$75,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • David J. Hill — Director/President
  • Michael J. Powers — Director/Treasurer/Secretary
  • Ronald Lawler — Director

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

Recent grant recipients include Merit School of Music ($187,500 for capital campaign), GiGi's Playhouse ($100,000), Ray Graham Association ($100,000), Lincoln Park Zoo ($30,000), Chicago Architecture Center ($75,000), Shirley Ryan Ability Lab ($50,000), Greater Chicago Food Depository ($50,000), Museum of Science and Industry ($50,000), and Shedd Aquarium Society ($50,000).

[PDF] ANNUAL REPORT - Chicago - Lincoln Park Zoo

Frequently Asked Questions

What does The Knowles Foundation fund?

The foundation's primary funding areas include: • **Arts & Culture** — particularly music education and music therapy • **Education** — including student and family performances and school experiences • **Health Care** — with specific focus on nursing and healthcare initiatives • **Community Services** — including food security, environmental conservation, and animal welfare • **Religious Charities & Missions**

How do I apply for a grant from The Knowles Foundation?

The Knowles Foundation distributes grants through several distinct programs: **General Fund** • Average grant: $49,907 • Grant range: $10,000–$100,000 • Focus: General purpose, religious charities, and missions • 24 recipients in 2024 **Music To My Ears Program** • Average grant: $32,222 • Grant range: $20,000–$75,000 • Focus: Arts & culture and music education • 5 recipients in 2024 **Music Therapy Program** • Average grant: $13,125 • Grant range: $7,500–$15,000 • Focus: Mental health and arts…

Where does The Knowles Foundation make grants?

The Knowles Foundation primarily funds organizations in Illinois, with a concentration in the Chicago metropolitan area and surrounding communities including Evanston and Hoffman Estates.

What size grants does The Knowles Foundation award?

In 2024, The Knowles Foundation awarded 24 grants totaling $1.5M — an average of about $61K per grant, based on its IRS Form 990 filings.

What is The Knowles Foundation's EIN?

The Knowles Foundation's EIN (Employer Identification Number) is 36-6051968. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Knowles Foundation's focus areas in our free grants database

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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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