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Knowles Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1956. The principal officer is Michael Powers. It holds total assets of $23.4M. Annual income is reported at $8.3M. Total assets have grown from $4.8M in 2010 to $24.3M in 2022. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Illinois. According to available records, Knowles Foundation has made 97 grants totaling $4.8M, with a median grant of $45K. The foundation has distributed between $1.1M and $2.6M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.6M distributed across 50 grants. Individual grants have ranged from $8K to $100K, with an average award of $49K. The foundation has supported 28 unique organizations. Grants have been distributed to organizations in Illinois and Minnesota. Contributions to this foundation are tax-deductible.
The Knowles Foundation is a quiet, invitation-only private family foundation operating from Suite 1400 at 2 Prudential Plaza in Chicago's Loop. There is no public application process — the foundation explicitly does not accept unsolicited proposals, and its grantmaking is governed entirely by a three-person all-volunteer board: President/Director David J Hill, Director/Treasurer/Secretary Michael J Powers, and Director Ronald Lawler. No paid staff or program officers exist to serve as secondary entry points.
The foundation's origins trace to 1956, but its modern scale dates from the Nancy W. Knowles Trust (established April 18, 2019), which delivered approximately $19.7M in contributions across 2018–2019, transforming a ~$5M grantmaker distributing $275,000/year into a $23M+ endowment giving over $1.1M–$1.45M annually.
Giving philosophy centers on deep, sustained institutional relationships. The data show that 95% of grantees receive multi-year funding, with top relationships spanning 10+ grants over the dataset period: Merit School of Music has accumulated 10 grants totaling $358,500, and Gigi's Playhouse has received combined grants totaling over $380,000 across multiple entries. This is not a foundation that experiments with new relationships frequently — once in the portfolio, organizations can expect sustained, growing support.
The geographic scope is tightly defined: 93 of 97 recorded grants went to Illinois organizations, nearly all in the Chicago metropolitan area. The rare Minnesota grantee (The Mayo Foundation, four grants totaling $100,000 for the Mayo Clinic Simulation Center) almost certainly reflects a personal board connection rather than a programmatic expansion. Note that the website listed in some grant databases (knowlesteachers.org) belongs to the Knowles Teacher Initiative, a separate New Jersey organization — the Knowles Foundation (EIN 36-6051968) has no public website.
For first-time applicants, the strategic reality is stark: the only pathway in is personal introduction. Organizations should identify whether any of their board members, major donors, or senior staff have existing relationships with Hill, Powers, or Lawler, and cultivate those connections before any outreach to the foundation itself.
The Knowles Foundation's grantmaking has undergone two distinct eras. Pre-2018, with assets of approximately $4.7M–$5.3M, annual grants held steady at $250,000–$275,000 distributed to roughly 5–8 organizations. Post-endowment (2019 onward), assets exceeded $23M and annual grants scaled to $1.05M–$1.45M across 22–25 awards.
FY 2024 represents the highest recorded giving level at $1,452,500 across 24 grants. FY 2023 totaled $1,132,000 across 22 awards; FY 2022 reached $1,305,000 across 25 awards. The three-year average is approximately $1.3M annually, consistent with a 5–6% annual payout rate from the $23M endowment.
From the cumulative 97-grant dataset (totaling $4,797,000), the average grant is $49,454. The foundation's enrichment data pegs the median at $35,000 with a typical range of $10,000–$100,000. More recent data (2024 filings) extend the range to $7,500–$187,500. First-year median grants are approximately $40,000; second-year grants step up to approximately $50,000 on average.
By sector (based on cumulative grantee totals): - Arts and cultural institutions (~35–40%): Lyric Opera of Chicago ($375,000 cumulative), The Field Museum ($200,000), Museum of Science and Industry ($185,000), Shedd Aquarium ($160,000), Lincoln Park Zoo ($120,000), Chicago Architecture Center ($265,000), Adler Planetarium ($245,000). - Healthcare and hospitals (~25–30%): Elmhurst Memorial Hospital ($375,000), Loyola University Medical Center ($375,000), Shirley Ryan Abilitylab ($275,000), The Mayo Foundation ($100,000). - Disability services and music education (~20–25%): Gigi's Playhouse ($380,000 combined), Merit School of Music ($358,500), Ray Graham Association ($265,000), Foundation for Hearing and Speech Resources ($206,000+). - Environment and food security (~5–10%): Friends of the Chicago River ($295,000), Alliance for the Great Lakes ($115,000), Greater Chicago Food Depository ($160,000).
Grant size scales with organizational prominence and relationship longevity. Capital campaign requests can command premium single-year grants — Merit School of Music's $187,500 in 2024 is the most visible example.
The following table compares the Knowles Foundation to four comparable Illinois private foundations operating in overlapping sectors. Asset and giving figures are drawn from publicly available IRS 990 data.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Knowles Foundation (Chicago, IL) | $23.4M | ~$1.3M | Arts, Healthcare, Disability, Music/Hearing | Invitation Only |
| Blowitz-Ridgeway Foundation (Northbrook, IL) | ~$27M | ~$1.2M | Healthcare, Mental Health, Disability (IL) | Invited Proposals |
| Albert Pick Jr. Fund (Chicago, IL) | ~$12M | ~$500K | Civic Organizations, Arts, Education (Chicago) | Open LOI |
| Heller Foundation (Chicago, IL) | ~$8M | ~$350K | Community Services, Arts, Youth (Chicago) | Open LOI |
| Lloyd A. Fry Foundation (Chicago, IL) | ~$130M | ~$7M | Education, Workforce Development, Arts (Chicago) | Open Application |
The Knowles Foundation occupies a middle tier among Chicago's private family foundations — substantially larger than most family foundations but far smaller than major institutional funders like Lloyd A. Fry or Polk Bros. Its closest peer is Blowitz-Ridgeway Foundation, which shares a similar asset base (~$27M), Illinois geographic focus, invitation-based model, and commitment to healthcare and disability services. The critical differentiator is Knowles's simultaneous investment in arts and cultural institutions alongside healthcare — Blowitz-Ridgeway remains almost exclusively clinical and disability-focused. Both Albert Pick Jr. Fund and the Heller Foundation offer more accessible entry points for Chicago nonprofits that cannot secure a Knowles board introduction, with open LOI processes and comparable sector interests.
The foundation's most current IRS filing (Form 990, filed September 1, 2024, covering FY 2024) confirms $1,452,500 in total grantmaking — its highest recorded annual total. Notable 2024 grants include Merit School of Music ($187,500 for its capital campaign, the largest single award on record for this foundation), GiGi's Playhouse ($100,000 for General Fund), Ray Graham Association ($100,000 for the Hanson Center), Chicago Architecture Center ($75,000), and Lincoln Park Zoo ($30,000).
The foundation maintains a Facebook presence at facebook.com/theknowlesfoundation but does not appear to post publicly accessible announcements — the page returned no substantive content in web research as of June 2026. No press releases, leadership changes, or new program announcements were identifiable through public channels.
The foundation has no public website. Some grant databases erroneously list knowlesteachers.org as the foundation's web presence; this site belongs to the Knowles Teacher Initiative, a separate New Jersey-based STEM teacher development organization with a different EIN. Researchers should disregard this attribution.
Leadership appears fully stable: David J Hill (Director/President) and Michael J Powers (Director/Treasurer/Secretary) appear consistently across all available filings. The 'Music to My Ears' initiative — a music therapy and hearing-accessibility program funded through Merit School of Music, Foundation for Hearing and Speech Resources, and Friends of the Chicago River — continues as an active programmatic thread with no announced changes to its scope.
The single most important thing to internalize about the Knowles Foundation is that it operates on an entirely relationship-based model with no formal application pathway. The foundation's own publicly available profiles confirm it does not accept unsolicited proposals. Every grant originates from a board member's direct knowledge of or personal relationship with the grantee.
Map your network before anything else. Determine whether any current or former board members, major donors, or senior staff at your organization have personal or professional connections to David J Hill, Michael J Powers, or Ronald Lawler. A board-to-board introduction is the only credible cold-start pathway. LinkedIn, mutual professional associations (Chicago law, finance, or civic organizations), and alumni networks from Northwestern, University of Chicago, or DePaul are worth examining given the board's Chicago professional profile.
Cultivate existing grantees. Organizations with long Knowles funding relationships — Lyric Opera, Field Museum, Merit School of Music, Gigi's Playhouse, Shirley Ryan Abilitylab, Ray Graham Association — have demonstrated board trust. A development director or executive at one of these organizations who can speak to your work in a board meeting is invaluable. Pursue these relationships actively at professional convenings.
Align to demonstrated priorities, not stated ones. The foundation lists no formal program guidelines. Your alignment case must be built from the grantee pattern: flagship Chicago cultural institutions, hearing health and music therapy (the 'Music to My Ears' thread is a clear board passion), disability services for both children (Gigi's Playhouse) and adults with developmental disabilities (Ray Graham), major Chicago hospitals and medical centers, and environmental stewardship of Lake Michigan and the Chicago River.
Frame your organization, not your project. The foundation consistently funds organizations for general operating support and capital campaigns — not discrete programs. Presenting as an established Chicago institution with broad impact will resonate more than a single-program ask.
Calibrate your first ask appropriately. Historical data show first-year grants averaging ~$40,000. Opening a relationship conversation with an ask of $35,000–$50,000 positions you within the foundation's comfort zone and makes it easier for a board champion to carry your case forward. A $150,000 request from an unknown organization is a non-starter.
Do not cold-call the office. The listed phone (312) 456-3416 reaches the foundation's registered agent, not a program officer. Unsolicited calls signal you are outside the board's network.
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Smallest Grant
$10K
Median Grant
$35K
Average Grant
$42K
Largest Grant
$100K
Based on 25 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.
The Knowles Foundation's grantmaking has undergone two distinct eras. Pre-2018, with assets of approximately $4.7M–$5.3M, annual grants held steady at $250,000–$275,000 distributed to roughly 5–8 organizations. Post-endowment (2019 onward), assets exceeded $23M and annual grants scaled to $1.05M–$1.45M across 22–25 awards. FY 2024 represents the highest recorded giving level at $1,452,500 across 24 grants. FY 2023 totaled $1,132,000 across 22 awards; FY 2022 reached $1,305,000 across 25 awards. .
Knowles Foundation has distributed a total of $4.8M across 97 grants. The median grant size is $45K, with an average of $49K. Individual grants have ranged from $8K to $100K.
The Knowles Foundation is a quiet, invitation-only private family foundation operating from Suite 1400 at 2 Prudential Plaza in Chicago's Loop. There is no public application process — the foundation explicitly does not accept unsolicited proposals, and its grantmaking is governed entirely by a three-person all-volunteer board: President/Director David J Hill, Director/Treasurer/Secretary Michael J Powers, and Director Ronald Lawler. No paid staff or program officers exist to serve as secondary .
Knowles Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David J Hill | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Ronald Lawler | DIRECTOR | $0 | $0 | N/A |
| Michael J Powers | DIR/TREAS/SEC | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$24.3M
Fair Market Value
$23.8M
Net Worth
$24.3M
Grants Paid
$1.1M
Contributions
$1.9M
Net Investment Income
$342K
Distribution Amount
$1.2M
Total: $22.9M
Total Grants
97
Total Giving
$4.8M
Average Grant
$49K
Median Grant
$45K
Unique Recipients
28
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gigi'S Playhouse IncGENERAL FUND | Hoffman Estates, IL | $100K | 2023 |
| Lyric Opera Of ChicagoSTUDENT AND FAMILY PERFORMANCES FUND | Chicago, IL | $100K | 2023 |
| Friends Of The Chicago RiverGENERAL FUND | Chicago, IL | $75K | 2023 |
| Elmhurst Memorial HospitalBREAST HEALTH PROGRAM | Elmhurst, IL | $75K | 2023 |
| Chicago Architecture CenterGENERAL FUND | Chicago, IL | $75K | 2023 |
| Loyola University Medical CenterNURSING FUND | Mayhood, IL | $75K | 2023 |
| Adler PlanetariumSCHOOL EXPERIENCES PROGRAM | Chicago, IL | $70K | 2023 |
| Merit School Of MusicGENERAL FUND | Chicago, IL | $68K | 2023 |
| Shedd Aquarium SocietyGENERAL FUND | Chicago, IL | $50K | 2023 |
| Hinsdale Junior Womans ClubGENERAL FUND | Hinsdale, IL | $50K | 2023 |
| Museum Of Science And IndustryGENERAL FUND | Chicago, IL | $50K | 2023 |
| Shirley Ryan Ability LabGENERAL FUND | Chicago, IL | $50K | 2023 |
| The Field MuseumGENERAL FUND | Chicago, IL | $50K | 2023 |
| Greater Chicago Food DepositoryGENERAL FUND | Hoffman Estates, IL | $40K | 2023 |
| Foundation For Hearing And Speech ResourcesMUSIC TO MY EARS PROGRAM | Chicago, IL | $33K | 2023 |
| Alliance For The Great LakesGENERAL FUND | Chicago, IL | $30K | 2023 |
| Lincoln Park ZooGENERAL FUND | Chicago, IL | $30K | 2023 |
| The Mayo FoundationMAYO CLINIC SIMULATION CENTER | Rochester, MN | $25K | 2023 |
| Northwestern UniversityGENERAL FUND | Evanston, IL | $10K | 2023 |
| Ray Graham AssociationHanson Center | Lisle, IL | $100K | 2022 |
| Shirley Ryan AbilitylabGeneral Fund | Chicago, IL | $75K | 2022 |