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CHICAGO, IL

Builders Initiative

Quick Facts

EIN
821503941
Location
CHICAGO, IL
Category
Philanthropy & Grantmaking
Total Assets
$1.7B
Annual Income
$2.3B
IRS Ruling Year
2017

About This Foundation

Builders Initiative is a private foundation based in CHICAGO, IL. The foundation received its IRS ruling in 2017. It holds total assets of $1.7B. Annual income is reported at $2.3B. The foundation operates in the area of philanthropy & grantmaking.

View 990 Filings

Financial Overview

Total Giving

$110.8M

2023+6%

Total Assets

$1.5B

2023+37%

Fair Market Value

$1.7B

2023

Net Worth

$1.5B

2023

Grants Paid

$81.7M

2023

Contributions

$564.7M

2023

Net Investment Income

$454.8M

2023

Distribution Amount

$68.7M

2023

Total Giving by Year

$17.6M
19
$22.1M
20
$46.9M
21
$104.6M
22
$110.8M
23

Asset Growth

$484.6M
19
$992.9M
20
$1B
21
$1.1B
22
$1.5B
23

Investment Portfolio (2023)

Total: $754K

Corporate Stock: $754K
Other Investments: $1.5B
Cash: $1M
Corporate Stock (0%)
Other Investments (100%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$81.7M
Interest$291K
Accounting Fees$132K
Legal Fees$93K

Revenue Sources (2023)

Contributions
$564.7M
Dividends
$37M
Other Income
$3.4M
Capital Gains (Net)
$-85,253,324

Financial Details (2023)

Total Revenue
$519.9M
Total Expenses
$110.8M
Exempt Purpose Expenses
$83.9M
Required Distribution
$68.7M
Undistributed Income
$0
Total Liabilities
$4K
Excise Tax
$6.3M

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing
2018-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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