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Ernest Wentcher Educational Fund is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1997. It holds total assets of $69.3M. Annual income is reported at $29.9M. Total assets have grown from $10.2M in 2010 to $60.9M in 2022. The foundation is governed by 9 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Illinois. According to available records, Ernest Wentcher Educational Fund has made 349 grants totaling $8.7M, with a median grant of $10K. Annual giving has decreased from $5.7M in 2022 to $3M in 2023. Individual grants have ranged from $414 to $402K, with an average award of $25K. The foundation has supported 135 unique organizations. The foundation primarily supports organizations in Illinois, New York, Michigan, which account for 32% of all grants. Grantmaking reaches organizations across 34 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$414
Median Grant
$10K
Average Grant
$25K
Largest Grant
$343K
Based on 115 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Ernest Wentcher Educational Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 349 grants. Its grantmaking reaches organizations primarily in IL, NY, MI.
Ernest Wentcher Educational Fund has distributed a total of $8.7M across 349 grants. The median grant size is $10K, with an average of $25K. Individual grants have ranged from $414 to $402K.
The application deadline is SPRING OF EACH YEAR. Successful oakton community college wentcher scholar graduates, fafsa-eligible students. Chicago public schools seniors, fasfa-eligible.
Ernest Wentcher Educational Fund is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 34 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brian Fitzpatrick | EXECUTIVE DI | $110K | $0 | $110K |
| Lucy Tuck | BOARD MEMBER | $0 | $0 | N/A |
| Laura Farr | BOARD MEMBER | $0 | $0 | N/A |
| Richard Helmholz | BOARD MEMBER | $0 | $0 | N/A |
| Dan Williams | TREASURER | $0 | $0 | N/A |
| Chris Broughton | EXECUTIVE DI | $0 | $0 | N/A |
| Laura Bordine | SECRETARY | $0 | $0 | N/A |
| Robert Wise | VICE PRESIDE | $0 | $0 | N/A |
| Robert Slay | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$3.9M
Total Assets
$60.9M
Fair Market Value
$70.8M
Net Worth
$57.6M
Grants Paid
$3M
Contributions
$1K
Net Investment Income
$1.6M
Distribution Amount
$3.3M
Total: $39.3M
Total Grants
349
Total Giving
$8.7M
Average Grant
$25K
Median Grant
$10K
Unique Recipients
135
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Knox CollegeEDUCATION | Galesburg, IL | $30K | 2023 |
| Univ Of Illinois UrbanaEDUCATION | Champaign, IL | $402K | 2023 |
| University Of MichiganEDUCATION | Ann Arbor, MI | $186K | 2023 |
| Depaul UnivEDUCATION | Chicago, IL | $173K | 2023 |
| Univ Of Illinois ChicagoEDUCATION | Chicago, IL | $141K | 2023 |
| Cornell UnivEDUCATION | Ithaca, NY | $117K | 2023 |
| Univ Of WisconsinEDUCATION | Madison, WI | $101K | 2023 |
| Univ Of Southern CaliforniaEDUCATION | Los Angeles, CA | $100K | 2023 |
| Loyola UniversityEDUCATION | Chicago, IL | $89K | 2023 |
| IitEDUCATION | Chicago, IL | $79K | 2023 |
| Howard UniversityEDUCATION | Washington, DC | $70K | 2023 |
| Oakton Comm CollegeEDUCATION | Des Plaines, IL | $63K | 2023 |
| Northwestern UniversityEDUCATION | Evanston, IL | $49K | 2023 |
| George Washington UniversityEDUCATION | Ashburn, VA | $49K | 2023 |
| Univ Of ChicagoEDUCATION | Chicago, IL | $44K | 2023 |
| Middlebury CollegeEDUCATION | Middlebury, VT | $41K | 2023 |
| Univ Of Notre DameEDUCATION | Notre Dame, IN | $40K | 2023 |
| Columbia UnivEDUCATION | New York, NY | $37K | 2023 |
| Emory UnivEDUCATION | Atlanta, GA | $37K | 2023 |
| Washington UniversityEDUCATION | St Louis, MO | $37K | 2023 |
| Illinois State UniversityEDUCATION | Normal, IL | $36K | 2023 |
| Bradley UniversityEDUCATION | Peoria, IL | $30K | 2023 |
| Elmhurst UniversityEDUCATION | Elmhurst, IL | $30K | 2023 |
| Connecticut CollegeEDUCATION | New London, CT | $29K | 2023 |
| Stanford UniversityEDUCATION | Stanford, CA | $28K | 2023 |
| Morehouse CollegeEDUCATION | Atlanta, GA | $26K | 2023 |
| Columbia CollegeEDUCATION | Chicago, IL | $26K | 2023 |
| Spelman CollegeEDUCATION | Atlanta, GA | $23K | 2023 |
| University Of MiamiEDUCATION | Arlington, TX | $20K | 2023 |
| Univ Of Minnesota - Twin CitiesEDUCATION | Minneapolis, MN | $20K | 2023 |
| Lake Forest CollegeEDUCATION | Lake Forest, IL | $20K | 2023 |
| Marquette UniversityEDUCATION | Milwaukee, WI | $20K | 2023 |
| Loyala Marymount UniversityEDUCATION | Los Angeles, CA | $20K | 2023 |
| Boston UniversityEDUCATION | Boston, MA | $20K | 2023 |
| Lewis UniversityEDUCATION | Romeoville, IL | $20K | 2023 |
| Tufts UniversityEDUCATION | Medford, MA | $20K | 2023 |
| Syracuse UniversityEDUCATION | Syracuse, NY | $20K | 2023 |
| St Olaf CollegeEDUCATION | Northfield, MN | $20K | 2023 |
| Oberlin CollegeEDUCATION | Oberlin, OH | $18K | 2023 |
| MitEDUCATION | Cambridge, MA | $18K | 2023 |
| North Park UniversityEDUCATION | Chicago, IL | $17K | 2023 |
| University Of PennsylvaniaEDUCATION | Philadelphia, PA | $17K | 2023 |
| American UniversityEDUCATION | Washington, DC | $15K | 2023 |
| Georgetown UniversityEDUCATION | Washington, DC | $15K | 2023 |
| Harvard UniversityEDUCATION | Cambridge, MA | $14K | 2023 |
| New York UniversityEDUCATION | New York, NY | $13K | 2023 |
| Florida A&M UniversityEDUCATION | Tallahassee, FL | $12K | 2023 |
| Hampton UniversityEDUCATION | Hampton, VA | $12K | 2023 |
| Pomona CollegeEDUCATION | Claremont, CA | $10K | 2023 |
| Olivet Nazerene UniversityEDUCATION | Bourbonnais, IL | $10K | 2023 |