Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. 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.
Chicago CRED Inc. operates as a hybrid organization: simultaneously a large-scale direct service provider AND a strategic grantmaker to community-based partner organizations. This distinction is critical for any applicant to understand before pursuing funding. CRED does not advertise an open RFP cycle, maintain a public grant portal, or publish application deadlines. Instead, the organization builds multi-year funding partnerships with organizations already embedded in Chicago's highest-violence community areas — primarily the South and West sides, including Englewood, Roseland, Auburn Gresham, West Humboldt Park, Austin, and West Garfield Park.
The foundation's giving philosophy is deeply relational and mission-driven. President Arne Duncan (former U.S. Secretary of Education) and the board — which includes Laurene Powell Jobs (Emerson Collective founder) and John W. Rogers Jr. (Ariel Investments founder) — are hands-on stakeholders, not passive funders. They are not looking for grant recipients in the traditional sense; they are looking for operational partners who can extend CRED's community violence intervention (CVI) model into specific blocks where gun violence is most concentrated.
The typical path to funding involves three stages. First, an organization builds organic visibility with CRED's team through CVI convenings, co-presenting data, or being referred by an existing partner (organizations like Youth Peace Center, Inner City Muslim Action Network, or After School Matters carry significant credibility as introducers). Second, CRED staff — led by Chief of Strategy & Policy Susan Lee — vets the organization for neighborhood reach, participant trust relationships, and operational credibility. Third, the organization may receive an initial general support grant, often in the $25,000–$75,000 range for new partners, with multi-year renewals growing significantly as trust and demonstrated results accumulate.
First-time applicants must understand: 100% of 95 recorded grants went to Illinois-based organizations operating in Chicago. Organizations outside Chicago should not apply. CRED strongly favors organizations led by individuals with lived experience of community violence — street-level credibility matters as much as programmatic sophistication. All 95 grants in the database were for "general support" — CRED does not restrict grants to single projects. The core belief driving all funding decisions: "individuals most at risk are not the problem — they are the solution," and this framing should permeate any partnership conversation or written materials.
Chicago CRED Inc.'s grantmaking shows a consistent high-volume pattern dominated by multi-year general support relationships. Across 95 total grants to Illinois organizations in the database, the average grant was $288,941 and total disbursed was $27.4 million. Annual grants-paid figures have been remarkably stable: $15.3M in FY2019, $10.5M in FY2020, $9.1M in FY2021, $10.6M in FY2022, and $10.1M in FY2023 — indicating a sustainable annual external grantmaking budget of roughly $9M–$11M.
The top recipient, CCF Central Investment Fund (Chicago Community Foundation's investment arm), received $8.85M across 3 grants — 32% of all grant dollars — and functions as a strategic pass-through vehicle. Excluding this outlier, CRED's core CVI partner organizations received $1.05M–$4.41M over three-grant cycles, implying annual grants of approximately $350K–$1.5M for top-tier partners: Youth Peace Center ($4.41M total), New Mount Pilgrim Missionary Baptist Church ($2.46M), Inner City Muslim Action Network ($2.13M), Institute for Non-Violence Chicago ($2.08M), and Target Area Devcorp ($1.54M).
The second tier — organizations receiving $100K–$500K total across multiple grants — includes After School Matters ($350K), Acclivus ($400K), Civic Consulting Alliance ($300K), Englewood First Responders ($257K), and Chicago Youth Boxing Club ($250K). A third tier of smaller grantees received under $100K total, including some exploratory micro-grants as low as $2,000–$10,000.
Per CRED's reported typical grant size: median $250,000, range $1,750–$3,600,000, average $524,817. By program area, annual expenditures break down as roughly 85% on holistic gun violence reduction ($22.4M) and 15% on job skills/employment training ($3.9M). All 95 grants are geographically concentrated in Illinois, with 100% directed to Chicago-area organizations.
Revenue growth signals dramatically increasing grantmaking capacity: contributions received surged from $29.4M in FY2022 to $56.8M in FY2023, nearly doubling — likely reflecting a major new philanthropic commitment from Emerson Collective or another major donor in the board network. Total assets grew from $7.7M in FY2019 to $46.8M in FY2023, a 6x increase in five years.
The following table compares Chicago CRED to peer foundations of similar asset size in the Human Services NTEE category:
| Foundation | Assets | Annual Grants Paid | Primary Focus | Geography | Application |
|---|---|---|---|---|---|
| Chicago CRED Inc. | $46.8M | ~$10.1M | Gun violence/CVI | Chicago, IL only | By invitation/relationship |
| Fund For Life Foundation Inc. | $46.9M | Not disclosed | Human Services | New York | Unknown |
| Liberty Bank Foundation | $43.1M | Not disclosed | Human Services | Connecticut | Open (community) |
| Sandy River Charitable Foundation | $37.2M | Not disclosed | Human Services | Maine | Unknown |
| Perry & Donna Golkin Family Foundation | $29.9M | Not disclosed | Human Services | New York | Unknown |
| Orc Sheltered Friends Foundation | $19.5M | Not disclosed | Human Services | Wisconsin | Unknown |
Chicago CRED stands distinctly apart from this peer set in three ways. First, it is the only operating foundation in the group — spending $26M+ annually on direct programs while simultaneously making $10M+ in external grants, a resource intensity that dwarfs peers of similar asset size. Second, CRED's board represents extraordinary philanthropic leverage: Laurene Powell Jobs (Emerson Collective) and John W. Rogers Jr. (Ariel Investments) sit as directors, providing access to mega-gift donor networks that explain CRED's remarkable revenue growth from $7.7M in FY2019 assets to $46.8M by FY2023. Third, CRED's hyper-geographic focus (exclusively Chicago) and single-issue mandate (gun violence/CVI) make it the most mission-concentrated foundation in this peer group — funding decisions are operational strategy, not discretionary philanthropy, which means partner organizations must fit precisely or not at all.
Chicago CRED's most significant recent activity spans advocacy, program expansion, and major philanthropic growth.
February 24, 2026: CVI organizations convened at the South Shore Cultural Center to mark progress in violence reduction across Chicago — a sector-coordination event in which CRED plays a central convening role, signaling the organization's growing ecosystem leadership.
August 2025: CRED hosted its 9th annual high school graduation ceremony, awarding degrees to 58 participants. The cumulative milestone of 400 degrees since 2016 indicates the education pillar of CRED's holistic model is maturing into a proven programmatic track record.
July 2025: Chicago recorded a historic decline in gun violence, with CRED's CVI programs expanded to scale in four communities and three additional programs in development — the most significant programmatic expansion since the organization's founding.
May 2025: CVI workers, case managers, and victim advocates held a Rally Day in Springfield pressing for full funding of the Reimagine Public Safety Act, marking a notable escalation of CRED's state legislative engagement.
November 2025: Arne Duncan published multiple op-eds defending the CVI model against enforcement-first approaches — positioning CRED as a public intellectual force in the national debate on gun violence policy.
On the funding side, Chicago Beyond made a $1.3M multi-year investment in CRED's Roseland expansion, and the federal Bureau of Justice Assistance awarded a capacity-building grant (Award No. 15PBJA-24-GK-03119-CVIP) covering 22 Chicago community areas. FY2023 contributions reached $56.8M, nearly doubling FY2022 — the largest single-year philanthropic inflow in CRED's history.
1. Your primary staff contact is Susan Lee. As Chief of Strategy & Policy (the highest-compensated staff member at $218,800), Susan Lee oversees partnerships and strategic direction. Initial outreach should be substantive and mission-specific — a concise note demonstrating neighborhood presence and CVI outcomes, not a boilerplate funding request.
2. Demonstrate ZIP-code-level community trust. CRED funds organizations deeply rooted in specific Chicago community areas: Englewood, Roseland, Auburn Gresham, West Humboldt Park, Austin, and West Garfield Park are prominently represented among grantees. Your organization must have staff with lived experience of community violence in those specific neighborhoods — credibility on the block level is non-negotiable.
3. Quantify everything in CVI language. CRED's reporting framework centers on measurable violence-interruption outcomes: number of high-risk individuals engaged, shooting interruptions, hospital bedside responses, employment placements, and school completion rates. Proposals must speak this language explicitly. Generic social services metrics (clients served, units of service) will not resonate.
4. Use warm introductions from existing partners. Organizations like Youth Peace Center, Inner City Muslim Action Network, After School Matters, UCAN, and Target Area Devcorp are established in CRED's network. A referral from any of these carries significant credibility with CRED's team and should be pursued before any cold outreach.
5. Request general operating support — not project grants. Every single grant in CRED's 95-grant database is for general support. Any proposal framing that names a specific restricted program budget is structurally misaligned. Instead, explain how unrestricted general support dollars would strengthen organizational capacity and expand neighborhood reach.
6. Start small and demonstrate results. Several grantees in CRED's database began with micro-grants of $20,000–$60,000 before receiving multi-year commitments of $500,000–$2M+. Position your organization for a pilot-scale initial grant ($25K–$75K), then invest in relationship maintenance — attending CRED convenings, sharing quarterly outcome data, and participating in policy advocacy — to build toward larger commitments.
7. Align with state policy advocacy. CRED is actively lobbying for Illinois's Reimagine Public Safety Act. Organizations that participate in Springfield advocacy days and CVI sector coalitions signal strategic alignment beyond programming and become part of CRED's broader movement-building identity.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
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
Chicago CRED Inc.'s grantmaking shows a consistent high-volume pattern dominated by multi-year general support relationships. Across 95 total grants to Illinois organizations in the database, the average grant was $288,941 and total disbursed was $27.4 million. Annual grants-paid figures have been remarkably stable: $15.3M in FY2019, $10.5M in FY2020, $9.1M in FY2021, $10.6M in FY2022, and $10.1M in FY2023 — indicating a sustainable annual external grantmaking budget of roughly $9M–$11M. The top.
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. operates as a hybrid organization: simultaneously a large-scale direct service provider AND a strategic grantmaker to community-based partner organizations. This distinction is critical for any applicant to understand before pursuing funding. CRED does not advertise an open RFP cycle, maintain a public grant portal, or publish application deadlines. Instead, the organization builds multi-year funding partnerships with organizations already embedded in Chicago's highest-violence.
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 |