Vivo Foundation logo

Vivo Foundation

NORTHBROOK, IL EIN: 87-6329967 Website

Vivo Foundation is a private family foundation established in 2021 and headquartered in the Chicago area (Northbrook/Libertyville, Illinois). Founded by Andy Mills, president of Medline Industries, and his wife Nancy Mills with a $200 million bequest, the foundation is dedicated to advancing education equity in Chicago and Lake County, Illinois. The organization operates with approximately 7 employees and has rapidly scaled its grantmaking activities since inception.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$183.4M

-2.7% YoY

Annual Giving

$10.5M

+8.0% YoY

Grant Count

130

+0.8% YoY

Avg Grant Size

$81K

+7.1% YoY

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

Mission & Focus Areas

Vision: A world where young people of every race, ethnicity, belief system and socioeconomic status thrive and are inspired to learn, grow, and contribute to society.

Mission: To foster education equity and support young people in Chicago and Lake County, Illinois, through various educational initiatives and supportive services.

The foundation's work spans the education continuum across four primary focus areas:

  • Early Childhood Education: Enhancing early childhood education and care to create equitable opportunities
  • College and Career Access: Supporting programs for college and career access, persistence, and success
  • Mental Health and Wellbeing: Funding mental health and wellbeing initiatives for youth support
  • Violence Intervention: Providing resources for violence reduction and intervention programs

The foundation emphasizes experiential learning as a critical support across these areas.

Grantmaking

The foundation operates on an invitation-only basis. A contact form is available on the foundation's website for inquiries.

Grant Range

s:**

Average Grant

$76,200

How to Apply

**

Ready to take the next step with Vivo Foundation?

Geographic Focus

Where this funder awards grants

Chicago and Lake County, Illinois

Grant Distribution by State

22states
+14 more states

Cities

Ann ArborAshevilleAstoriaAtlantaAustinBannockburnBoca RatonBostonCedar RapidsChicagoCincinnatiClair ShoresCortezCountrysideCovinaDallasDowners GroveElginEvanstonFalls Church

Financial History

Multi-year comparison from IRS filings

Assets:

  • $183.4 million (2024)
  • $191.2 million (reported in one source)

Annual Giving:

  • $11.1 million (2024)
  • $10.8 million in revenues (2024)

Expenses:

  • $12.7 million (2024)

Tax Status:

  • 501(c)(3) private foundation
  • Tax-exempt since November 2021
  • EIN: 87-6329967
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$57M$114M$171M$228M2021202220232024
Metric202420232022
Total Assets$183,416,103$188,546,630$191,156,729
Revenue$10,813,214$11,180,860$2,792,090
Expenses$12,733,614$10,709,405$8,629,702
Qualifying Distributions$11,127,915$10,061,311$8,473,126
Net Investment Income$9,207,515$10,532,766$2,757,708
Distributable Amount$10,234,908$9,437,811$10,042,280

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$5M$8M$11M75 grants2021105 grants2022129 grants2023130 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CITY COLLEGES OF CHICAGO…$525KCHICAGO SPECIAL PROJECTS…$500KENDEAVOR HEALTH CLINICAL…$275KBRAVEN$250KCAROLE ROBERTSON CENTER …$200KCOMMUNITIES IN SCHOOLS$200KBOTTOM LINE CHICAGO$175KCHICAGO PUBLIC EDUCATION…$175KBRIGHTPOINT FKA CHILDREN…$150KCHICAGO SCHOLARS$150K

Grant Size Distribution

200 grants across all recorded years

102<$50K41$50–100K47$100–250K6$250–500K4$500K–1M$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

  • Nancy Mills – Co-Trustee
  • Andrew J Mills – Co-Trustee
  • Mara Botman – Executive Director (hired in 2022; previously spent over a decade at the Circle of Service Foundation)
  • Iván Nieves – Impact Lead
  • Brogan O'Brien – Grants Manager
  • Halle Leganza – Grants Associate

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NANCY MILLSCO-TRUSTEE10
ANDREW J MILLSCO-TRUSTEE0.5

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.

What could you do with Vivo Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities