GrantmakersIllinois

Invest for Kids Inc

Chicago, IL · EIN 27-0826182. Reported 58 grants totalling $6,413,600 to 42 organizations across tax years 2021-2024, on Form 990 Schedule I.

42organizations funded
$100,000median reported grant
$6,413,600granted, 2021-2024
29%of grantees funded again the next year
5%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. For Invest for Kids Inc, by its IRS classification it raises and distributes funds for human services (NTEE P12).
  2. How spread out its giving is. 42 distinct organizations, with 5% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
  3. How much its list changes. 29% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is below the 57% median for grantmaking charities, and well below the 67% private foundations manage. A list that turns over this much is one a newcomer can realistically join.

How big are its grants?

The median reported grant is $100,000. Half of what it reported fell between $20,000 and $200,000; the smallest was $10,000 and the largest $200,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$10,000 - $25,000
17 grants
$25,000 - $50,000
7 grants
$50,000 - $100,000
3 grants
$100,000 - $250,000
31 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
Chicago Scholars FoundationChicago, IL$306,600442024
The BlocChicago, IL$210,000222023
Atlas FellowsChicago, IL$200,000112024
Beat the Streets - ChicagoChicago, IL$200,000112023
Camp for All KidsChicago, IL$200,000112024
Catalyst SchoolsChicago, IL$200,000222022
Chicago Collegiate IncChicago, IL$200,000112022
Childrens Research TriangleChicago, IL$200,000112022
Code Nation IncNew York, NY$200,000112022
College PossibleSaint Paul, MN$200,000112024
Comp-U-Dopt IncHouston, TX$200,000112022
Friends of the Children - ChicagoChicago, IL$200,000222022
Garfield Park Conservatory AllianceChicago, IL$200,000112023
Great Lakes Academy IncChicago, IL$200,000112024
High JumpChicago, IL$200,000112023
Ignite OrgChicago, IL$200,000112023
Ingenuity Incorporated ChicagoChicago, IL$200,000112024
Juvenile Protective AssociationChicago, IL$200,000222022
Legal Prep Charter AcademiesChicago, IL$200,000112024
Link UnlimitedChicago, IL$200,000222022
Metro Squash NfpChicago, IL$200,000112024
Mikva Challenge Grant Foundation IncChicago, IL$200,000112022
Nehemiah GroupChicago, IL$200,000112024
Network for Teaching EntrepreneurshipNew York, NY$200,000112022
Noble Network of Charter SchoolsChicago, IL$200,000112023
One Million DegreesChicago, IL$200,000112022
Project Vision IncChicago, IL$200,000112023
Providence Englewood SchoolcorporationChicago, IL$200,000112023
Illinois Network of Charter SchoolsChicago, IL$142,000442024
Champs Male Mentoring Program - ChiriseChicago, IL$100,000112023
Hear Scholarship Foundation IncGlenview, IL$100,000112022
Thrive ScholarsLos Angeles, CA$100,000112021
Gem-Ifk Venture for EducationChicago, IL$75,000222022
Depaul UniversityChicago, IL$50,000332024
Chicago Mathematics and Science Academy Charter School IncChicago, IL$30,000112023
Music and Dance Theater Chicago IncChicago, IL$30,000332024
True Star Foundation IncChicago, IL$20,000112021
Careerspring FoundationBellaire, TX$10,000112024
The Bottom Line IncJamaica Plain, MA$10,000112021
Urban Prep AcademiesChicago, IL$10,000112021
Vocel Viewing Our Children As Emerging Leaders NfpChicago, IL$10,000112021
Young Mens Educational NetworkChicago, IL$10,000112021

10 of 42 (24%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

What the money was for

Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.

What kind of organizations it funds

By each recipient's own IRS classification, for the 40 of 42 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Education
24 orgs
Youth Development
5 orgs
Human Services
4 orgs
Arts & Culture
3 orgs
Community Improvement
2 orgs
Environment
1 org
Recreation & Sports
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
202113$1,050,500$41,000
202218$1,935,500$103,000
202314$1,678,500$150,000
202413$1,749,100$200,000

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

86% of its giving went to organizations in Illinois. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

Illinois
$5.5M
New York
$400K
Texas
$210K
Minnesota
$200K
California
$100K
Massachusetts
$10K

Down to the city

Chicago, IL
$5.4M
New York, NY
$400K
Saint Paul, MN
$200K
Houston, TX
$200K
Glenview, IL
$100K
Los Angeles, CA
$100K

Find more funders like Invest for Kids Inc

We read newly filed IRS returns and email you the grantmakers whose giving matches your state and cause, as they are published. Free.

No spam, unsubscribe in one click. We never sell or share your address.

Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

Fidelity Investments Charitable Gift Fund34 shared recipientsDonor Advised Charitable Giving Inc32 shared recipientsAmerican Online Giving Foundation Inc31 shared recipientsThe Chicago Community Trust29 shared recipientsNational Philanthropic Trust22 shared recipientsMorgan Stanley Global Impact Funding Trust Inc22 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $100,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in Illinois.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Related guides

Foundations funding education in IllinoisEvery funder in this group, rankedFoundations funding human services in IllinoisEvery funder in this group, ranked

Where these numbers come from

Everything above is taken from Invest for Kids Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred or estimated.

On its most recent return it told the IRS it made grants to 13 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: 875 N Michigan Ave Suite 3400, Chicago, IL, 60611.

EIN 27-0826182 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded, which is the best available predictor of who it will fund next.

Is something here wrong about your organization? Email hello@funderscope.com and we will correct it.