The Richard H Driehaus Foundation
The Richard H Driehaus Foundation is a private foundation, based in Chicago, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $386.7M in total assets. In 2024, it awarded 1 grant totaling $17.1M. Net investment income was $10.6M.
The Richard H Driehaus Foundation at a glance
In short: The Richard H Driehaus Foundation gave $17.1M across 1 grant in 2024 (avg $17.1M), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $17,096,126
- +63.9% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $17,096,126
- +63.9% vs 2023
- Median grant
- $17,096,126
- Total assets
- $386,726,217
- +6.3% vs 2023
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Richard H Driehaus Foundation funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Richard H Driehaus Foundation gives
- Giving grew 266% from 2021 to 2024. Method
- In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4.3M (2020) to $17.1M (2024). In 2024 it made 1 grant totaling $17.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attached Detail Chicago, IL | See Attached Detail | $17,096,126 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $386,726,217 | $10,711,253 | $18,574,013 | $17,096,126 | 1 | $21,648,452 | $10,596,249 | $18,723,057 |
| 2023 | $363,758,900 | $8,835,016 | $19,897,268 | $10,431,221 | 1 | $12,648,172 | $9,108,762 | $16,971,973 |
| 2022 | $334,699,905 | $200,949 | $7,447,544 | $5,162,401 | 1 | $7,364,170 | $3,412,355 | $11,456,552 |
| 2021 | $357,794,391 | $282,865,843 | $5,704,861 | $4,670,596 | 1 | $5,930,322 | $29,969,363 | $4,579,125 |
| 2020 | $100,822,251 | $1,453,050 | $6,550,768 | $4,302,153 | 1 | — | $2,852,375 | $3,633,892 |
Under IRS private-foundation payout rules, The Richard H Driehaus Foundation reported a distributable amount of $18.7M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Richard H Driehaus Foundation is led by Anne Lazar, Executive Director & President since 2021 (on filings since 2020); all 9 officers listed in 2024 are compensated.
Officers on the 2024 filing
Anne Lazar
Executive Director & President
Executive Director & Vice President → Executive Director & President, 2021
On filings since 2020
40 hrs/week
$232K (2020) → $385K (2024)
Chris Mellin
Director & Secretary
On filings since 2020
$17K (2020) → $17K (2024)
Dorothy Mellin
Director & Vice President
On filings since 2020
1 hr/week
$17K (2020) → $17K (2024)
Elizabeth Driehaus
Director & Treasurer
On filings since 2020
1 hr/week
$17K (2020) → $17K (2024)
Ernest Wong
Director
On filings since 2021
1 hr/week
$4K (2021) → $17K (2024)
John Chandler
Director
On filings since 2021
1 hr/week
$13K (2021) → $17K (2024)
Michael Lykoudis
Director
On filings since 2021
1 hr/week
$4K (2021) → $17K (2024)
Lynn Osmond
Director
On filings since 2022
1 hr/week
$13K (2022) → $17K (2024)
Maurice Cox
Director
New on the 2024 filing
1 hr/week
$4K (2024)
Former officers (5)
- Former: Bill Beck (2021–2023) — Director
- Former: Tereza Driehaus (2023) — Director
- Former: Richard H. Driehaus (2020–2021) — Director -
- Former: Frank Garcia (2020) — Director
- Former: Marzena Mellin (2020) — Director
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 $385K, to Anne Lazar (Executive Director/President). 9 officers or directors reported compensation on that filing.
Frequently asked questions about The Richard H Driehaus Foundation
How much does The Richard H Driehaus Foundation give each year?
The Richard H Driehaus Foundation gave $17.1M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10.4M across 1 grant.
How large is The Richard H Driehaus Foundation?
The Richard H Driehaus Foundation reported $386.7M in total assets on its 2024 IRS Form 990-PF. It paid out $21.6M in qualifying distributions that year, against a required minimum of $18.7M (roughly 5% of its investment assets).
Where does The Richard H Driehaus Foundation operate?
The Richard H Driehaus Foundation has awarded grants in Illinois.
What is The Richard H Driehaus Foundation's EIN?
The Richard H Driehaus Foundation's EIN (Employer Identification Number) is 36-3261347. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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