Chicago Cred Inc
Preselected recipients only
Chicago Cred Inc is a private foundation in Chicago, Illinois. In tax year 2024 it gave $10.6 million in 45 grants; the typical grant was $50,000 and the largest $3.8 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$10.6 million
- Number of grants45
- Typical grant$50,000
- Largest grant$3.8 million
- Assets$34.0 million
- New grantees47%
Giving in 2024 was up from $10.1 million the year before.
47% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $10.1 million | 28 | $46.8 million |
| 2024 | $10.6 million | 45 | $34.0 million |
How to apply
Chicago Cred Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Chicago Cred Inc funds
Where it gives
Its grants went to recipients in 4 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 42 | $11.8 million |
| Washington | 1 | $55,000 |
| Mississippi | 1 | $50,000 |
| Texas | 1 | $50,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Chicago Community Foundation | General Support | $3.8 million |
| Youth Peace Center | General Support | $1.5 million |
| Metropolitan Family Services | General Support | $1.4 million |
| New Mount Pilgrim Missionary Baptist Church | General Support | $813,091 |
| Target Area Devcorp | General Support | $583,765 |
| Inner City Muslim Action Network | General Support | $500,000 |
| Institute For Non-Violence Chicago | General Support | $483,000 |
| Alliance Of Local Service Organizations | General Support | $376,688 |
| Black Men United | General Support | $347,549 |
| Together Chicago | General Support | $250,482 |
| Project HOOD Communities | General Support | $178,736 |
| Acclivus Inc | General Support | $157,500 |
| The Faith Community Of Saint Sabina | General Support | $75,000 |
| Think Outside Da Block | General Support | $75,000 |
| Impact Chicagoland Nfp | General Support | $71,912 |
| Englewood Heroes | General Support | $70,000 |
| Increase The Peace | General Support | $70,000 |
| Unstacked Inc | General Support | $70,000 |
| Pause For Peace | General Support | $55,000 |
| Watchguard | General Support | $55,000 |
| Boxing Out Negativity | General Support | $55,000 |
| Organizing Neighborhoods For Equality Northside | General Support | $51,216 |
| Civic Consulting Alliance | General Support | $50,000 |
| African American Family Association | General Support | $50,000 |
| Bridging The Gap | General Support | $50,000 |
| Empower Urban Communities | General Support | $50,000 |
| House Of Hope | General Support | $50,000 |
| JF Fresh Start | General Support | $50,000 |
| No Brother Left Behind | General Support | $50,000 |
| Norc At The University Of Chicago | General Support | $50,000 |
| People's Community Development Association Of Chicago Inc | General Support | $50,000 |
| The Lasalle Foundation | General Support | $50,000 |
| Chicago Youth Boxing Club | General Support | $50,000 |
| Hope Culture | General Support | $40,000 |
| Ucab (Universal Communication Amongst Brothers) | General Support | $40,000 |
| Full Deliverance Outreach Inc | General Support | $35,000 |
| Second Chance Initiative | General Support | $35,000 |
| United Builders | General Support | $35,000 |
| Northwestern University | General Support | $27,413 |
| University Of Chicago Health Lab | General Support | $25,000 |
Officers and trustees
- Arne Duncan
- Laurene Powell Jobs
- John W Rogers Jr
- Andrew Crown
- Dr Selwyn Rogers
- Robert Hamada
Questions people ask
Does Chicago Cred Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Chicago Cred Inc give?
$10.6 million in tax year 2024, across 45 grants, with a typical grant of $50,000.
Who runs Chicago Cred Inc?
Its 2024 filing lists Arne Duncan (President), Laurene Powell Jobs (Secretary/Treasurer), John W Rogers Jr (Director) and Andrew Crown (Director) among 6 officers and trustees.
What does Chicago Cred Inc fund?
Based on its grants, mainly community development, youth programs and faith communities.