The Illinois State Capitol

Form 990-PFTax year 2024EIN 45-1225075

The Chicago Innovation Foundation

A private foundation in Chicago, IL. Its return for tax year 2024 lists 4 grants and $16,000 paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $16,000

    Grants listed
    4
    Assets, end of year
    $104,593
  • Tax year 2023

    $11,103

    Grants listed
    3
    Assets, end of year
    $161,459
  • Tax year 2022

    $26,400

    Grants listed
    5
    Assets, end of year
    $307,549
  • Tax year 2021

    $8,000

    Grants listed
    3
    Assets, end of year
    $304,494
  • Tax year 2020

    $5,000

    Grants listed
    1
    Assets, end of year
    $44,132
  • Tax year 2019

    $10,500

    Grants listed
    3
    Assets, end of year
    $7,565
  • Tax year 2018

    $20,000

    Grants listed
    5
    Assets, end of year
    $59,755

Grants paid in 2024

4 grants, largest first

As listed on the return.

  1. Chicago Inventors OrganizationChicago, IL

    Provides resources to inventors

    $5,000
  2. YMCA of Metropolitan ChicagoChicago, IL

    Provide resources to the community

    $5,000
  3. The Village ChicagoChicago, IL

    Enhance the quality of life

    $5,000
  4. The Chicago Help InitiativeChicago, IL

    Providing access to food, health ser

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services2 grants $6,00055% of the total
  2. Education1 grant $5,00045% of the total

By State

Grants to organizations with a US address, latest year.

  1. Illinois4 grants $16,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Thomas KuczmarskiPRESIDENT Hours 20Pay $42,086
  • Rosalyn KingTREASURER Hours 15Pay $54,366
  • Luke TanenEXECUTIVE DI Hours 15Pay $125,635

The return

More foundations

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Same main cause (human services), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Joe W Kemble Trust XXXXX7004Chicago, IL 2 grants Preselected only $15,476 giving
  2. Shore Capital Charitable FoundationChicago, IL 11 grants Preselected only $16,725 giving
  3. Donald Learner Family FoundationChicago, IL 8 grants Preselected only $15,300 giving
  4. Juniata StaffordChicago, IL 1 grant Preselected only $16,748 giving
  5. Myrtle I Wiseman Charitable NP TrustChicago, IL 3 grants Preselected only $15,069 giving