Public Charity

Big Shoulders Fund

Big Shoulders Fund is a Public Charity headquartered in Chicago, IL. Financial data from the 2025 filing: $53.2M revenue, $54.9M expenses, $152.1M total assets. 156 publicly reported grants to this organization, totaling roughly $56.2M, appear in IRS filings.

EIN: 363490557 Chicago, IL Fund Raising & Fund Distribution NTEE: B12 Latest filing: 2025
Total Revenue$53.2M
Total Expenses$54.9M
Total Assets$152.1M
Grant Records156
Funding Total$56.2M
Filing Years2021–2025

Mission

We provide support to underserved schools which provide a quality, values-based education for Chicago's children. In 2020, Big Shoulders Fund's programming was extended to the Northwest Indiana region.

Where $100 goes at Big Shoulders Fund

How Big Shoulders Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$4 Management running the organization
$2 Fundraising raising the next dollar

Inside the $94 for programs

$44
School operations
47% of program spending · Reported in the filing: 1,851,647 grants
$25
Student scholarship programs
26% of program spending · Reported in the filing: 90 programs; 5,267 scholarships; 5,080 students
$22
Academic enrichment and leadership development
23% of program spending · Reported in the filing: 25 programs; 90 schools; 800 teachers

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chief Advancement & Development Officer Amelia Drozda
Board of Trustees Arthur R Velasquez
Board of Trustees Charles K Bobrinskoy
Board of Trustees Cherryl Thomas
Board of Trustees Christine E Kelly
Board of Trustees Christopher Valenti

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$29,322,836 90 grants
Education
$17,134,288 36 grants
Fundraising & Sponsorship
$7,722,712 4 grants
Youth Development
$509,774 7 grants
Human & Social Services
$503,000 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $53.2M $54.9M $152.1M
2024 $84.8M $75.9M $150.1M
2023 $65.7M $58.9M $135.4M
2022 $62.9M $52.6M $126.0M
2021 $61.7M $42.1M $110.5M

Between 2021 and 2025, reported annual revenue declined from $61.7M to $53.2M (-14%), with total assets most recently reported at $152.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Big Shoulders Fund

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