Mission
CHICAGO SCHOLARS IS TRANSFORMING THE LEADERSHIP LANDSCAPE OF OUR CITY BY RESOLVING THE FUNDAMENTAL BARRIERS TO SUCCESS FOR ACADEMICALLY DRIVEN, FIRST GENERATION COLLEGE STUDENTS FROM UNDER-RESOURCED COMMUNITIES.
Public Charity
THE CHICAGO SCHOLARS FOUNDATION
THE CHICAGO SCHOLARS FOUNDATION is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2025 filing: $5.0M revenue, $7.6M expenses, $9.7M total assets. 100 publicly reported grants to this organization, totaling roughly $11.8M, appear in IRS filings.
EIN: 364117530
CHICAGO, IL
Student Services
NTEE: B80
Latest filing: 2025
Total Revenue$5.0M
Total Expenses$7.6M
Total Assets$9.7M
Grant Records100
Funding Total$11.8M
Filing Years2021–2025
Where $100 goes at The Chicago Scholars Foundation
How The Chicago Scholars Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$71
Programs
the work itself
$16
Management
running the organization
$13
Fundraising
raising the next dollar
Inside the $71 for programs
$58
Chicago scholars offers an innovative seven-year program lasting fromthe summer before their senior year of high school through the senioryear of college and ending with two years of…
$13
Reach pathways, l3c
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.
Sample Grants Received
Community Development
$750,000
GENERAL SUPPORT
$31,570
GENERAL OPERATING SUPPORT
$791,000
General support for programs, operations and other charitable purposes
$617,000
YOUTH DEVELOPMENT AND EDUCATION
$250,000
Showing up to 5 of 100 total records — full history available with membership.
Officers & Directors
Director
Aaron Olson
Director
Brian Sanchez
Director
Brian Sims
Director
Carl Tannenbaum
Director
Dana Gordon
Director
Dan Hoffenkamp
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.0M | $7.6M | $9.7M |
| 2024 | $6.5M | $7.6M | $11.1M |
| 2023 | $6.9M | $7.8M | $10.4M |
| 2022 | $7.2M | $5.7M | $10.1M |
| 2021 | $6.1M | $5.3M | $9.9M |
Between 2021 and 2025, reported annual revenue declined from $6.1M to $5.0M (-18%), with total assets most recently reported at $9.7M.
Interactive year-over-year charts and full filing details available with membership.