City of Chicago Neighborhood Opportunity Fund (NOF)
Funding Amount
Up to $250,000
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Projects in Chicago neighborhoods lacking private investment
- Community-focused businesses and organizations
- Arts and culture organizations
- Community centers and educational facilities
Overview
Administrator: SomerCor on behalf of the City of Chicago
Geographic Scope: City of Chicago, Illinois - specifically neighborhoods lacking private investment
Program Focus: Community and culture projects in local neighborhoods
What It Funds:
- Commercial property acquisition
- Commercial property improvement
- New construction
- Community and cultural projects
Eligibility:
- Projects in Chicago neighborhoods lacking private investment
- Community-focused businesses and organizations
- Arts and culture organizations
- Community centers and educational facilities
Funded Projects (Examples):
- 345 Art Gallery in Garfield Park - 1,000 square-foot expansion for art gallery, events, and classes
- Melvina Masterminds - arts, science, and technology center for youth on the West Side
- ¡WEPA! Mercado del Pueblo - business incubator for startup businesses
Funding Source: Revenue from downtown developments
Contact Information:
- SomerCor
- Address: 209 S. LaSalle St., Suite 203, Chicago, Illinois 60604
- Phone: (312) 360-3300
- Email: info@somercor.com
Background: The City of Chicago Neighborhood Opportunity Fund generates revenue from downtown developments to finance community and culture projects in local neighborhoods that lack private investment.
What Somercor 504 Inc actually gave
Source: IRS Form 990, 2020 — the most recent filing with itemized grants
- Grants in 2020
- 433
- Total given
- $6.27M
- Median grant
- $10K
- Range
- $10K–$20K
- By dollars: Illinois 100%. Top recipient cities: Chicago, IL; Champaign, IL; Arlington Heights, IL.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
187 Boxing Club · Chicago, IL
Economic relief for small businesses hit hardest by covid-19
$20K
1858 Fitness · Freeport, IL
Economic relief for small businesses hit hardest by covid-19
$20K
3 Sixty LLC · Aurora, IL
Economic relief for small businesses hit hardest by covid-19
$20K
360 Mind Body Soul LLC · Chicago, IL
Economic relief for small businesses hit hardest by covid-19
$20K
3R Fitness Batavia LLC · Geneva, IL
Economic relief for small businesses hit hardest by covid-19
$20K
Focus Areas & Funding Uses
Fields of Work
- Community development
- Arts
- Community centers
Categories
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