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Chicago Cred Inc. is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2017. The principal officer is Vistrai. It holds total assets of $34M. Annual income is reported at $26.1M. Total assets have grown from $7.7M in 2019 to $46.8M in 2023. The foundation is governed by 5 officers and trustees. Provide holistic approach to reduce gun violence, work in communities most impacted by crisis, provide resources for strategic violence reduction and develop policy solutions. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Illinois. According to available records, Chicago Cred Inc. has made 95 grants totaling $28.6M, with a median grant of $70K. Annual giving has grown from $8M in 2021 to $19.5M in 2022. Individual grants have ranged from $1K to $3.6M, with an average award of $304K. The foundation has supported 40 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$250K
Average Grant
$525K
Largest Grant
$3.6M
Based on 20 grants from the most recent 990-PF filing.
Provide holistic approach to reduce gun violence, work in communities most impacted by crisis, provide resources for stategic violence reduction and develop policy solutions
Expenses: $22.4M
Provide job skills and other job-readiness training to at-risk young men in chicago who are out of work and out of school
Expenses: $3.9M
Provide holistic approach to reduce gun violence, work in communities most impacted by crisis, provide resources for strategic violence reduction and develop policy solutions. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in IL.
Chicago Cred Inc. has distributed a total of $28.6M across 95 grants. The median grant size is $70K, with an average of $304K. Individual grants have ranged from $1K to $3.6M.
Chicago Cred Inc. typically selects its grantees rather than accepting unsolicited proposals.
Chicago Cred Inc. is headquartered in PALO ALTO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dr Selwyn Rogers | Director | $0 | $0 | N/A |
| Arne Duncan | President | $0 | $0 | N/A |
| Laurene Powell Jobs | Secretary/Treasurer | $0 | $0 | N/A |
| John W Rogers Jr | Director | $0 | $0 | N/A |
| Andrew Crown | Director | $0 | $0 | N/A |
Total Giving
$33.4M
Total Assets
$46.8M
Fair Market Value
$46.8M
Net Worth
$26.6M
Grants Paid
$10.1M
Contributions
$56.8M
Net Investment Income
$74K
Distribution Amount
N/A
Total: N/A
Total Grants
95
Total Giving
$28.6M
Average Grant
$304K
Median Grant
$70K
Unique Recipients
40
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ccf - Central Investment FundGENERAL SUPPORT | Chicago, IL | $3.6M | 2022 |
| Youth Peace CenterGENERAL SUPPORT | Chicago, IL | $1.7M | 2022 |
| New Mount Pilgrim Missionary Baptist ChurchGENERAL SUPPORT | Chicago, IL | $899K | 2022 |
| Institute For Non-Violence ChicagoGENERAL SUPPORT | Chicago, IL | $690K | 2022 |
| Inner City Muslim Action NetworkGENERAL SUPPORT | Chicago, IL | $624K | 2022 |
| Target Area DevcorpGENERAL SUPPORT | Chicago, IL | $583K | 2022 |
| Alliance Of Local Service OrganizationsGENERAL SUPPORT | Chicago, IL | $350K | 2022 |
| After School MattersGENERAL SUPPORT | Chicago, IL | $125K | 2022 |
| Englewood First RespondersGENERAL SUPPORT | Chicago, IL | $104K | 2022 |
| Project Hood CommunitiesGENERAL SUPPORT | Chicago, IL | $100K | 2022 |
| Chicago Youth Boxing ClubGENERAL SUPPORT | Chicago, IL | $100K | 2022 |
| The Chicago Community FoundationGENERAL SUPPORT | Chicago, IL | $100K | 2022 |
| Civic Consulting AllianceGENERAL SUPPORT | Chicago, IL | $100K | 2022 |
| Acclivus IncGENERAL SUPPORT | Chicago, IL | $100K | 2022 |
| Black Men UnitedGENERAL SUPPORT | Chicago, IL | $75K | 2022 |
| The Faith Community Of Saint SabinaGENERAL SUPPORT | Chicago, IL | $70K | 2022 |
| North Lawndale College PrepGENERAL SUPPORT | Chicago, IL | $65K | 2022 |
| Teamwork EnglewoodGENERAL SUPPORT | Chicago, IL | $54K | 2022 |
| Restorative ProjectGENERAL SUPPORT | Chicago, IL | $34K | 2022 |
| Carol CollumGENERAL SUPPORT | Chicago, IL | $30K | 2022 |
| Access FreedomGENERAL SUPPORT | Flossmor, IL | $30K | 2022 |
| What About Us Charitable Enterprises IncGENERAL SUPPORT | Belwood, IL | $30K | 2022 |
| Northwestern UniversityGENERAL SUPPORT | Evanston, IL | $25K | 2022 |
| Uchicago Crime Lab & Education LabGENERAL SUPPORT | Chicago, IL | $25K | 2022 |
| Fathers Who CareGENERAL SUPPORT | Chicago, IL | $20K | 2022 |
| Your Passion 1stGENERAL SUPPORT | Oak Park, IL | $20K | 2022 |