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548 Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2021. The principal officer is Robert A Patton. It holds total assets of $2.8M. Annual income is reported at $5.3M. Total assets have grown from N/A in 2017 to $2.8M in 2024. The foundation is governed by 3 officers and trustees. Feja multi-cultural jobs program: costs of trainers, program management, case managers and barrier reduction specialists, lab and classroom supplies and rent for a training facility. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, 548 Foundation has made 1 grants totaling $75K, with a median grant of $75K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Feja multi-cultural jobs program: costs of trainers, program management, case managers and barrier reduction specialists, lab and classroom supplies and rent for a training facility.
Expenses: $600K
Affordable housing real estate development: apartments for low income families. Project with chicago's community development commission for the development of affordable housing in west and south chicago.
Expenses: $88K
Feja multi-cultural jobs program: costs of trainers, program management, case managers and barrier reduction specialists, lab and classroom supplies and rent for a training facility. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in IL.
548 Foundation has distributed a total of $75K across 1 grants. The median grant size is $75K, with an average of $75K. Individual grants have ranged from $75K to $75K.
548 Foundation typically selects its grantees rather than accepting unsolicited proposals.
548 Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert A Patton | PRESIDENT | $0 | $0 | N/A |
| James Luster | DIRECTOR | $0 | $0 | N/A |
| Lucas Humphrey | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.8M
Fair Market Value
N/A
Net Worth
$2.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
1
Total Giving
$75K
Average Grant
$75K
Median Grant
$75K
Unique Recipients
1
Most Common Grant
$75K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 548 Energy InstituteConstruction | Chicago, IL | $75K | 2022 |