The Richard H Driehaus Foundation
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Detail ($17,096,126).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED DETAIL Chicago, IL | SEE ATTACHED DETAIL | $17,096,126 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOROTHY MELLIN | Director / Vice President | 1 | $16,500 |
| ELIZABETH DRIEHAUS | Director / Treasurer | 1 | $16,500 |
| CHRIS MELLIN | Director / Secretary | — | $16,500 |
| Anne Lazar | Executive Director/President | 40 | $384,519 |
| JOHN CHANDLER | DIRECTOR | 1 | $16,500 |
| ERNEST WONG | DIRECTOR | 1 | $16,500 |
| MICHAEL LYKOUDIS | DIRECTOR | 1 | $16,500 |
| LYNN OSMOND | DIRECTOR | 1 | $16,500 |
| MAURICE COX | Director | 1 | $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.