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Northern Trust Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2019. The principal officer is % Kelly M Mannard. It holds total assets of $82M. Annual income is reported at $78.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Northern Trust Foundation has made 3 grants totaling $10.5M, with a median grant of $4M. Annual giving has grown from $2.5M in 2021 to $8M in 2022. Individual grants have ranged from $2.5M to $4M, with an average award of $3.5M. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Northern Trust Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Northern Trust Foundation has distributed a total of $10.5M across 3 grants. The median grant size is $4M, with an average of $3.5M. Individual grants have ranged from $2.5M to $4M.
Northern Trust Foundation typically selects its grantees rather than accepting unsolicited proposals.
Northern Trust Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kelly M Mannard | DIRECTOR/PRESIDENT | $0 | $0 | $0 |
| Connie L Lindsey | DIRECTOR | $0 | $0 | $0 |
| Steven L Fradkin | DIRECTOR | $0 | $0 | $0 |
| Lauren Allnutt | TREASURER | $0 | $0 | $0 |
| Shana Hayes | DIRECTOR/SECRETARY | $0 | $0 | $0 |
Total Giving
$2.5M
Total Assets
$12.4M
Fair Market Value
$12.6M
Net Worth
$12.4M
Grants Paid
$2.5M
Contributions
$3M
Net Investment Income
$650K
Distribution Amount
$617K
Total: $3.8M
Total Grants
3
Total Giving
$10.5M
Average Grant
$3.5M
Median Grant
$4M
Unique Recipients
1
Most Common Grant
$4M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedGENERAL | Chicago, IL | $4M | 2022 |
Other foundations that have funded Northern Trust Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Freedom And Justice Foundation Inc. | $50K | 2023 | TO ASSIST ORGANIZATION TO RAISE AWARENESS, INCREASE PARTICIPATION IN FEDERAL AND STATE NUTRITION ASSISSTANCE ORGANIZATIONS |
| Freedom And Justice Foundation Inc. | $70K | 2021 | TO ASSIST ORGANIZATION IN FUNDING HOSPITALS, HEALTHCARE CENTERS AND COMMUNITY ORGANIZATIONS PROVIDING PHYSICAL OR MENTAL HEALTHCARE FOR FREE OR AT A SLIDING SCALE. |
| Michael G O'Grady |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
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