The Rebuild Foundation NFP
To rebuild cultural foundations of underinvested neighborhoods and incite community revitalization through the arts.
The Rebuild Foundation NFP at a glance
In short: The Rebuild Foundation NFP reported $8K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- Grants paid (2024)
- $8,374 — reported as a total on the IRS filing, without an itemized list
- -58.1% vs 2023
- Total assets
- $18,019,261
- +25.8% vs 2023
- Revenue (2024)
- $1,621,117
- -31.6% vs 2023
- Net investment income (2024)
- $66,965
- +364.6% vs 2023
- Expenses (2024)
- $3,296,152
- -13.6% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Rebuild Foundation NFP funds
How this funder distributes its grants
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $8K (2024) to $146K (2022). In 2024 it reported $8K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Urban Ac LLC New York, NY | Support designers of color in the areas of fashion, furniture, industrial, graphic design and the arts. | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $18,019,261 | $1,621,117 | $3,296,152 | $8,374 | Total only | $66,965 |
| 2023 | $14,322,177 | $2,369,652 | $3,816,136 | $20,000 | 1 | $14,415 |
| 2022 | $13,985,700 | $4,385,874 | $2,665,056 | $146,128 | 8 | $-52,720 |
| 2021 | $11,482,913 | $7,037,576 | $1,359,096 | $10,000 | 1 | — |
| 2020 | $5,825,442 | $1,449,463 | $1,259,125 | — | — | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About The Rebuild Foundation NFP
Based on IRS filings
The Rebuild Foundation NFP is a public charity focused on Arts, Culture & Humanities, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.0M in total assets. In 2024, it reported $8K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $67K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Rebuild Foundation NFP is led by Theaster Gates, Executive Director & Board President since 2024 (on filings since 2020); 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
Theaster Gates
Executive Director & Board President
Executive Director & Board Chair → Executive Director & Board Chairman, 2023
Executive Director & Board Chairman → Executive Director & Board President, 2024
On filings since 2020
15 hrs/week
No compensation reported
Ellen Hartwell Alderman
Director of Programs
On filings since 2023
40 hrs/week
$120K (2023) → $116K (2024)
Reuben Charles
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Alexa Rice
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Eleanor Gorski
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
Shawnelle Richie
Director
New on the 2024 filing
0.5 hrs/week
No compensation reported
John Campbell
Secretary
Director → Secretary, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Nana Adae
Treasurer
Director → Treasurer, 2022
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (4)
- Former: Richard Sciortino (2020–2023) — Director
- Former: Acasia Wilson Feinberg (2022–2023) — Director
- Former: Acasia Wilson (2020–2021) — Director
- Former: Tregg Duerson (2020–2021) — Chief Operating Officer- Term
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 $116K, to Ellen Hartwell Alderman (Director of Programs).
Frequently asked questions about The Rebuild Foundation NFP
How much does The Rebuild Foundation NFP give each year?
The Rebuild Foundation NFP reported $8K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $20K across 1 grant.
How large is The Rebuild Foundation NFP?
The Rebuild Foundation NFP reported $18.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.6M.
What is The Rebuild Foundation NFP?
The Rebuild Foundation NFP is a public charity focused on Arts, Culture & Humanities, based in Chicago, IL. It holds $18.0M in total assets as of 2024.
Where does The Rebuild Foundation NFP operate?
The Rebuild Foundation NFP has awarded grants in Illinois, New York.
What is The Rebuild Foundation NFP's EIN?
The Rebuild Foundation NFP's EIN (Employer Identification Number) is 47-3026162. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 29, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Rebuild Foundation NFP funds
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