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. 95 publicly reported grants to this organization, totaling roughly $10.4M, appear in IRS filings.

EIN: 364117530 CHICAGO, IL Latest filing: 2025
Total Revenue$5.0M
Total Expenses$7.6M
Total Assets$9.7M
Grant Records95
Funding Total$10.4M
Filing Years2021–2025

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.

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

GENERAL OPERATING SUPPORT
$1,694,000 4 grants
Community Development
$1,275,000 5 grants
To support the emergency funding needs of students who are attending 4-year colleges/universities, general operating support. To support the 4-year College Access and Completion Program. Support of the McDonald's Chicago Community Impact Grants Program. Support for Onsite 2022 - Bronze level (no tickets or tangible benefits). To support Emergency Needs of students enrolled in four-year college/university. In support of Chicago Scholars Enhanced Services for Young Men of Color.
$1,264,000 2 grants
For grant recipient's exempt purposes
$957,926 8 grants
FOR GENERAL OPERATING SUPPORT, SPONSORSHIP
$633,500 1 grant

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.

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