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Steans Family Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1987. It holds total assets of $293.8M. Annual income is reported at $85.6M. Total assets have grown from $13.4M in 2011 to $293.8M in 2024. The foundation is governed by 6 officers and trustees. Tax records are available from 2016 to 2024. According to available records, Steans Family Foundation has made 6 grants totaling $53.3M, with a median grant of $8.5M. Annual giving has grown from $11.2M in 2020 to $25.6M in 2023. Individual grants have ranged from $546K to $19.2M, with an average award of $8.9M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
The Steans Family Foundation (SFF) is one of the most distinctive place-based foundations in the United States — a $294 million private foundation with a mandate so geographically specific that only organizations operating in two defined communities (North Lawndale on Chicago's West Side, and North Chicago, IL) are considered for grants. This geographic discipline is both the foundation's greatest strength and the primary filter for applicants.
What "place-based philanthropy" means in practice: SFF does not fund based on issue area alone. A K-12 education organization in Evanston, a workforce development program in Englewood, or a community health clinic on Chicago's South Side will not be funded — regardless of quality. Geographic location within the two defined communities is the primary eligibility screen.
Three-program structure: 1. North Lawndale: The foundation's largest and oldest program area (since 1996). Funds the full "cradle to career" pipeline: early childhood, K-12, college completion, workforce development, and economic opportunity. Also encompasses the North Lawndale Catalyst Initiative (NLCI), a newer real estate and economic development strategy with a multi-million dollar investment in the Fillmore Center and Roosevelt Road corridor.
2. North Chicago: Added in 2016, education-focused with a strong emphasis on teacher development, reading, college transition, and youth enrichment. The foundation has deep personal ties to this community — founder Harrison Steans was stationed at Naval Station Great Lakes in the 1950s; his daughter Robin was involved with Rosalind Franklin University in the 2010s.
3. Policy & Ecosystem: Cross-cutting support for systems-level advocacy in early childhood, education, employment, justice, and community development. Provides connective tissue between the two place-based programs and larger Illinois policy landscape.
Invitation-only with a back door: The official process is invitation-only with no unsolicited applications accepted. However, the foundation's grants page explicitly states that organizations that believe their work fits SFF priorities may email grants@steansfamilyfoundation.org to determine next steps. This is the recommended first approach for organizations not yet in SFF's orbit — a brief, compelling email to that address describing geographic and programmatic alignment.
Annual Grantmaking Volume: SFF has maintained consistent, substantial distributions averaging approximately $16.4 million per year from 2020–2023: - 2023: $16,762,988 - 2022: $16,854,731 - 2021: $18,070,670 - 2020: $13,990,982
The 2020 dip reflects the early COVID-19 period; SFF returned to $16–18M in 2021–2023.
Portfolio scale: In 2021, SFF reported making grants to approximately 102 organizations (per website impact metrics), distributing $18M. This implies an average grant of roughly $177,000 per organization — unusually large for a foundation with this many grantees, reflecting a concentration of support in a small geographic area.
Asset Stability: Assets have remained remarkably stable at $293–315M from 2020–2023, with moderate fluctuation based on market conditions. The 2021 peak of $315M decreased with market conditions in 2022–2023, but the foundation has maintained its grantmaking pace regardless.
Income dynamics: SFF's reported income of $85.6M significantly exceeds its distribution (~$17M), reflecting investment returns and possibly real estate/operating income from the North Lawndale Catalyst Initiative's commercial investments. The foundation's functional expenses were substantially higher than distributions in 2023 ($31.9M vs $16.8M distributions), suggesting significant direct program activity (operating the Fillmore Center, construction management, direct program staffing) beyond traditional grantmaking.
Grant structure: Based on grantee lists and distribution volume, SFF's portfolio appears to include: - Core multi-year operating support grants ($50K–$500K/year) to ~30–40 anchor organizations - Smaller project-based grants ($10K–$50K) to 50+ additional organizations - Major capital/real estate investments through the NLCI (multi-million dollar commitments)
No scholarship/individual grants component: Unlike many foundations, SFF grants exclusively to institutions and organizations — no individual grants or scholarships.
The Steans Family Foundation occupies a distinctive position in the Chicago philanthropic ecosystem — a large private foundation with uniquely narrow geographic focus and deep program involvement. The following table compares SFF with peer funders in the Chicago urban community development space:
| Foundation | Assets | Annual Giving | Focus | Application Access | Geo Focus |
|---|---|---|---|---|---|
| Steans Family Foundation | $294M | ~$16–18M | Place-based: North Lawndale & North Chicago; education, workforce, economic dev | Invitation-only (email inquiry accepted) | North Lawndale (Chicago) + North Chicago, IL only |
| Caerus Foundation | $252M | ~$16.3M | Education, arts, human services | Private/relationship | Chicago, San Francisco, Wisconsin, international |
| Chicago Community Trust | ~$3B+ | ~$150M+ | Broad community needs, equity | Open LOI (competitive) | Greater Chicago region |
| Pritzker Foundation | $478M | Not disclosed | Education reform, health | Private/relationship | Chicago, National |
| Hunter Family Foundation | $420M | ~$3.4M | Broad community, arts, human services | Private | Chicago, IL |
| Joyce Foundation | ~$1.1B | ~$40M | Education, employment, environment, gun violence | Open RFP | Great Lakes region |
| Spencer Foundation | $665M | ~$24.7M | Education research exclusively | Open RFP (competitive) | National |
Key differentiators of the Steans Family Foundation:
1. Deepest geographic concentration in Chicago philanthropy. No foundation of comparable size maintains a sharper geographic focus than SFF. While other large Chicago foundations cover the whole city or region, SFF is the definitive funder for North Lawndale — providing roughly $16M/year to a community of ~35,000 residents, an extraordinarily high per-capita investment.
2. Dual role as funder AND developer. Through the North Lawndale Catalyst Initiative and the Fillmore Center, SFF functions simultaneously as a grantmaker and a real estate developer/community development entity. This is uncommon among private foundations of this size.
3. The Joyce Foundation and Chicago Community Trust are the most accessible peers for SFF grantees seeking additional funding — both operate in Chicago with open application processes and overlapping issue areas (education, workforce, community development).
North Lawndale Catalyst Initiative (2023–2024): SFF launched its most ambitious direct investment: the Fillmore Center, a 169,000 sq ft commercial building at 4100 West Fillmore Street in North Lawndale. The first anchor business — Fillmore Linen Service (healthcare laundry) — targets 175+ living-wage jobs. The building is in both an Enterprise Zone and an Opportunity Zone, maximizing tax incentive leverage. The center's rehabilitation was scheduled for completion in 2024. Four additional scattered-site developments are also underway along Roosevelt Road.
Roosevelt Road Corridor Revitalization: SFF is redesigning four buildings along the Roosevelt Road economic corridor and coordinating a streetscape project with the City of Chicago (green infrastructure, protected bike lanes, parking), plus vacant land greening and community art installations. This direct real estate and infrastructure work represents a significant expansion of SFF's role beyond traditional grantmaking.
Community Benefit Trust development: SFF is working toward creation of a community-controlled benefit trust in North Lawndale — a Black wealth-building mechanism. This is an emerging national model in community development philanthropy.
Financial context (2023): SFF's total functional expenses ($31.9M) significantly exceeded its grant distributions ($16.8M) in 2023, reflecting the substantial overhead and direct investment activity of the Catalyst Initiative and real estate development work. The foundation contributed $25.6M to program activities in 2023 (contrpdpbks), suggesting major capital investments beyond operating grants.
2021 Grantee Expansion: The 2021 Annual Report documents grants to approximately 102 organizations across North Lawndale and North Chicago — one of the broadest grantee networks in the foundation's history.
Stable asset base: Assets have remained at approximately $293–315M through 2020–2023 despite market volatility, affirming long-term financial health and continued grantmaking capacity.
North Lawndale Reads Campaign: An active literacy initiative in North Lawndale distributed 26,153 books, held 30 community events, and installed 14 Little Free Libraries.
1. Geographic fit is the non-negotiable first filter — confirm before any outreach. SFF funds exclusively in two communities: (a) the North Lawndale neighborhood on Chicago's West Side, and (b) the City of North Chicago (40 miles north of downtown, near Naval Station Great Lakes). If your organization does not deliver programs within these specific boundaries, you are not eligible, regardless of issue area quality or organizational strength. This is the single most common reason organizations are declined.
2. Use the email front door — it's the only one. The grants page states: "Although our application process is by invitation only, if you believe your organization's work fits SFF's current grantmaking priorities, please contact SFF's grants management team at grants@steansfamilyfoundation.org to determine next steps." This email is your entry point. Write a brief (3–4 paragraph) introduction that: (a) confirms your geographic location in North Lawndale or North Chicago, (b) describes your primary program area, (c) states annual budget and years of operation, and (d) names 2–3 SFF grantee organizations you partner with or are known by.
3. Align with the "cradle to career" pipeline. SFF's North Lawndale program explicitly covers early childhood development → K-12 education → college completion → workforce development → economic opportunity. The strongest applications span multiple pipeline stages or serve a clearly defined stage with deep impact. Programs focused on a single, well-defined stage (e.g., "high school to college transition" or "early literacy for pre-K children") with measurable outcomes are more compelling than broad human services organizations.
4. Economic development and workforce are rising priorities. The North Lawndale Catalyst Initiative (NLCI) signals SFF's increasing investment in economic opportunity, job creation, and community wealth building. Organizations involved in workforce training, job placement, employer engagement, or community-controlled economic development are increasingly relevant. If your work connects to the Fillmore Center ecosystem (healthcare laundry pipeline, local business development), this is a particularly strategic alignment.
5. Policy organizations should focus on connective tissue. The Policy & Ecosystem program funds cross-cutting advocacy that connects to ground-level work in North Lawndale and North Chicago. Policy organizations should demonstrate clear alignment with at least one of SFF's defined issue areas (early childhood, education, employment, criminal justice reform, community development) AND show how their policy work connects to real impact for residents in these specific communities.
6. Build relationships through SFF's existing grantee network. With 102 grantee organizations active in 2021, SFF has seeded a rich ecosystem in North Lawndale and North Chicago. The most reliable path to SFF funding is referral from an existing grantee. Organizations like North Lawndale Employment Network, North Lawndale College Prep, UCAN, City Year, Lawndale Christian Health Center, and Friends of the Children (Chicago) are long-tenured SFF partners. If your organization collaborates with any of these, request an introduction to the SFF program staff.
7. Budget scale: SFF funds mid-sized organizations with staying power. With an estimated average grant of ~$177,000 per grantee and a portfolio of ~100 organizations, SFF primarily invests in organizations with budgets in the $500K–$5M range that have a multi-year track record in their community. Newer organizations (under 3 years) or organizations with budgets below $200K may be better served by smaller community foundations (Chicago Community Trust, Forefront member organizations) first.
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Grant making and programs intended to revitalize the north lawndale neighborhood on chicago's west side
Expenses: $13.8M
Annual Grantmaking Volume: SFF has maintained consistent, substantial distributions averaging approximately $16.4 million per year from 2020–2023: - 2023: $16,762,988 - 2022: $16,854,731 - 2021: $18,070,670 - 2020: $13,990,982 The 2020 dip reflects the early COVID-19 period; SFF returned to $16–18M in 2021–2023.
Steans Family Foundation has distributed a total of $53.3M across 6 grants. The median grant size is $8.5M, with an average of $8.9M. Individual grants have ranged from $546K to $19.2M.
The Steans Family Foundation (SFF) is one of the most distinctive place-based foundations in the United States — a $294 million private foundation with a mandate so geographically specific that only organizations operating in two defined communities (North Lawndale on Chicago's West Side, and North Chicago, IL) are considered for grants. This geographic discipline is both the foundation's greatest strength and the primary filter for applicants. What "place-based philanthropy" means in practice: .
Steans Family Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Heather Steans | PRESIDENT | $0 | $0 | N/A |
| Lenny Gail | TRUSTEE | $0 | $0 | N/A |
| Leo Smith | TRUSTEE | $0 | $0 | N/A |
| Jim Kastenholz | TRUSTEE | $0 | $0 | N/A |
| Jennifer Steans | TREASURER | $0 | $0 | N/A |
| Robin Steans | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$293.8M
Fair Market Value
N/A
Net Worth
$282.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$53.3M
Average Grant
$8.9M
Median Grant
$8.5M
Unique Recipients
2
Most Common Grant
$19.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grants- See Attached ListGENERAL SUPPORT | Various, IL | $19.2M | 2023 |
| Other GrantsGENERAL SUPPORT | Various, IL | $6.3M | 2023 |