CHICAGO, IL

Edwin Odika Foundation Inc.

Quick Facts

EIN: 833186412
Location: CHICAGO, IL
Category: Human Services
Total Assets: $6K
Annual Income: $27K
IRS Ruling Year: 2019
Organization Type: Non-Operating Foundation
Principal Officer: % Chinenye Odika
Tax Deductibility: Contributions are deductible

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About This Foundation

Edwin Odika Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2019. The principal officer is % Chinenye Odika. It holds total assets of $6K. Annual income is reported at $27K. Provided small business grants to underserved communities in South Eastern Nigeria. According to available records, Edwin Odika Foundation Inc. has made 9 grants totaling $106K, with a median grant of $9K. Annual giving has decreased from $34K in 2020 to $22K in 2023. Individual grants have ranged from $1K to $25K, with an average award of $12K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

Provided small business grants to businesses in underserved communities in South Eastern Nigeria

Expenses: $8K

Frequently Asked Questions

What does Edwin Odika Foundation Inc. fund?

Provided small business grants to underserved communities in South Eastern Nigeria. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in IL.

How much does Edwin Odika Foundation Inc. give in grants?

Edwin Odika Foundation Inc. has distributed a total of $106K across 9 grants. The median grant size is $9K, with an average of $12K. Individual grants have ranged from $1K to $25K.

How do I apply for a grant from Edwin Odika Foundation Inc.?

Edwin Odika Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.

Where is Edwin Odika Foundation Inc. located?

Edwin Odika Foundation Inc. is headquartered in CHICAGO, IL.

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$26K

2023-5%

Total Assets

$16K

2023+21%

Fair Market Value

$16K

2023

Net Worth

$16K

2023

Grants Paid

$22K

2023

Contributions

$29K

2023

Net Investment Income

2023

Distribution Amount

$54

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Financial Details (2023)

Total Revenue: $29K
Total Expenses: $26K
Exempt Purpose Expenses: $26K
Required Distribution: $54
Undistributed Income: $0
Total Liabilities: $1

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$106K

Average Grant

$12K

Median Grant

$9K

Unique Recipients

Most Common Grant

$1K

Grant Disbursements by Year

Grant Range

Min$1K

Max$25K

Median: $9K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

IL$1K (1)

Past Grantees

Recipient	Location	Amount	Year
Ibreathe - InitiativeGrant to charity to enable staff training and provide education grants support and assistance to underserved communities	Enugu	$15K	2023
Business Grants To UmunooAssist deserving underserved business operators with grants to support their communities	Nnewi South	$6K	2023
The Breakthrough Board - Cancer ResFund cancer research	Chicago, IL	$1K	2023