The Polsky Foundation

CHICAGO, IL EIN: 65-1164639

The Polsky Foundation is a private grantmaking foundation based in Chicago, Illinois. Established in 2003, it operates as a 501(c)(3) organization and maintains its principal office at One South Wacker Drive, Suite 1810, Chicago, IL 60606-4614.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$63.5M

+1.1% YoY

Annual Giving

$7.8M

+78.1% YoY

Grant Count

39

-15.2% YoY

Avg Grant Size

$199K

+110.0% YoY

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

Mission & Focus Areas

The foundation's grantmaking priorities include:

  • Education
  • Science and STEM education
  • Philanthropy and voluntarism
  • Human services
  • Obesity prevention

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Illinois
  • Florida
  • District of Columbia

Grant Distribution by State

16states
+8 more states

Cities

ArlingtonArlington HeightsBostonBrooklynBroomfieldCarol StreamChicagoCincinnatiDallasDaytona BeachEvanstonFairfieldFort LauderdaleGlendaleHazel CrestHighland ParkLas VegasMelrose ParkNew YorkOrlando

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total assets: $62,785,818
  • Total revenues: $3,413,668
  • Total expenses: $4,712,068
  • Total liabilities: $74,000

Revenue Breakdown (2023):

  • Grants and contributions: $814,752
  • Investment income and dividends: $967,509
  • Net gain from sale of non-inventory assets: $568,436
  • Miscellaneous revenues: $1,062,971

As of 2024:

  • Total assets: $63,458,565
  • Total giving: $7,770,395
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13M$27M$40M$53M20202021202220232024
Metric202420232022
Total Assets$63,458,565$62,785,818$68,739,918
Revenue$3,326,501$3,413,668$13,432,580
Expenses$8,196,597$4,712,068$9,182,513
Qualifying Distributions$8,060,567$4,421,312$9,059,259
Net Investment Income$3,225,290$2,488,184$12,330,590
Distributable Amount$3,429,485$2,553,555$2,620,947

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$9M8 grants20209 grants202136 grants202246 grants202339 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BRCA Research and Cure A…$2.3MNorthwestern Memorial Fo…$2.0MUniversity of Chicago 2016$1.7MOur Home Ukraine$968KVoice Health Institute$200KWhite Stork$150KSt Nicholas UK Catholic …$50KThe Museum of Contempora…$50KArt Institute of Chicago$50KBoys and Girls Club of C…$32K

Grant Size Distribution

138 grants across all recorded years

87<$50K16$50–100K14$100–250K5$250–500K6$500K–1M10$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's trustees include:

  • Michael P. Polsky
  • Jonathan Taiber
  • David Canmann

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL P POLSKYPRESIDENT AND DIRECTOR
JONATHAN TAIBERTREASURER AND DIRECTOR
DAVID CANMANNSECRETARY AND DIRECTOR

Recent News & Activity

Recent developments and announcements

The Polsky Foundation has supported significant educational initiatives, including the Polsky Energy Transition Leadership Academy launched at the University of Chicago with a $25 million gift, and a $12.5 million grant to UChicago's Polsky Center.

Polk Bros. Foundation to release three grant opportunities to support community-driven

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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