The Richard H Driehaus Foundation

CHICAGO, IL EIN: 36-3261347

The Richard H Driehaus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $17.1M. Net investment income was $10.6M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$386.7M

+6.3% YoY

Annual Giving

$17.1M

+63.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$17.1M

+63.9% YoY

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.

About The Richard H Driehaus Foundation

Based on IRS filings

The Richard H Driehaus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $17.1M. Net investment income was $10.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Chicago

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$78M$156M$233M$311M20202021202220232024
Metric202420232022
Total Assets$386,726,217$363,758,900$334,699,905
Revenue$10,711,253$8,835,016$200,949
Expenses$18,574,013$19,897,268$7,447,544
Qualifying Distributions$21,648,452$12,648,172$7,364,170
Net Investment Income$10,596,249$9,108,762$3,412,355
Distributable Amount$18,723,057$16,971,973$11,456,552

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$17M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED DETAIL$17.1M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M3$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached Detail ($17,096,126).

RecipientPurposeAmount
SEE ATTACHED DETAIL Chicago, ILSEE ATTACHED DETAIL$17,096,126

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Anne LazarExecutive Director/President$385KDOROTHY MELLINDirector / Vice President$17KELIZABETH DRIEHAUSDirector / Treasurer$17KCHRIS MELLINDirector / Secretary$17KJOHN CHANDLERDIRECTOR$17KERNEST WONGDIRECTOR$17KMICHAEL LYKOUDISDIRECTOR$17KLYNN OSMONDDIRECTOR$17KMAURICE COXDirector$4K

From 2024 filing

NameTitleHoursCompensation
DOROTHY MELLINDirector / Vice President1$16,500
ELIZABETH DRIEHAUSDirector / Treasurer1$16,500
CHRIS MELLINDirector / Secretary$16,500
Anne LazarExecutive Director/President40$384,519
JOHN CHANDLERDIRECTOR1$16,500
ERNEST WONGDIRECTOR1$16,500
MICHAEL LYKOUDISDIRECTOR1$16,500
LYNN OSMONDDIRECTOR1$16,500
MAURICE COXDirector1$4,250

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Richard H Driehaus Foundation?

The Richard H Driehaus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $386.7M in total assets as of 2024.

How large is The Richard H Driehaus Foundation?

As of 2024, The Richard H Driehaus Foundation holds $386.7M in total assets with $10.7M in annual revenue. It awarded 1 grants totaling $17.1M in 2024.

Where does The Richard H Driehaus Foundation operate?

The Richard H Driehaus Foundation has awarded grants in Illinois.

What size grants does The Richard H Driehaus Foundation award?

In 2024, The Richard H Driehaus Foundation awarded 1 grants totaling $17.1M — an average of about $17.1M per grant, based on its IRS Form 990 filings.

How much is The Richard H Driehaus Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard H Driehaus Foundation reported a distributable amount of $18.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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