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Illinois · Nonprofit

CHOOSE CHICAGO FOUNDATION

CHOOSE CHICAGO FOUNDATION (Illinois) receives grants from 15 organizations whose IRS filings report $11,485,640 to it, the largest being AB FOUNDATION ($4,000,000). 2 of them have funded it in more than one year.

Revenue FY2024
$9.2M
Funders on record
15
Grants received
$11M
Net assets
$780k
2/15 repeat fundersgrants exceed reported revenue in one year
01What it does

What Choose Chicago Foundation does

Mission

The Choose Chicago Foundation accelerates the civic, cultural, and economic growth of chicago through travel and tourism initiatives.

As stated on its FY2024 Form 990.

Program

  1. The Choose Chicago Foundation strategically promotes equity, diversity, and inclusion initiatives that benefit youth, community, and workforce development. The foundation will offer financial support and long-term training opportunities for ethnically and economically diverse communities for advancement within the hospitality and tourism industry.

    $16,937,073 spentof which $16,937,073 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $16,937,073.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($59k) Expenses 100 ($4k) Net assets 100 ($338k)2018 Revenue 173 ($102k) Expenses 65 ($3k) Net assets 129 ($438k)2019 Revenue 255 ($150k) Expenses 299 ($12k) Net assets 170 ($576k)2020 Revenue 127 ($75k) Expenses 800 ($32k) Net assets 183 ($619k)2021 Revenue 4318 ($2.5M) Expenses 59434 ($2.4M) Net assets 225 ($760k)2022 Revenue 13 ($8k) Expenses 3493 ($142k) Net assets 185 ($626k)2023 Revenue 13705 ($8.1M) Expenses 5174 ($210k) Net assets 2518 ($8.5M)2024 Revenue 15638 ($9.2M) Expenses 418567 ($17M) Net assets 231 ($780k)
'17'18'19'20'21'22'23'24
Revenue (15638)Expenses (418567)Net assets (231)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $626k to $8.5M (+1260%).

$394k
$494k
$652k
$669k
$860k
$626k
$8.5M
$782k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

98% of CHOOSE CHICAGO FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$55k
’17
$99k
’18
$138k
’19
$43k
’20
$141k
’21
−$134k
’22
$7.9M
’23
−$7.7M
’24
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Juan Leyva

Board chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24
Listed22353339
Joined···+2+0+2+0+6
No longer listed···02200
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $75k → $2.8M.

5 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $215k from 2 payers (the payer shares this organization's board, largest Silicon Valley Community Foundation). These are real filings, and they are not money CHOOSE CHICAGO FOUNDATION raised.

From the IRS filings of CHOOSE CHICAGO FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CHOOSE CHICAGO FOUNDATION leans on a few funders — its largest provides 35% of grant income and the top three 78%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

64% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CHOOSE CHICAGO FOUNDATION.

35%
largest funder
78%
top three
~4
effective funders

Largest funder’s share by year: 2017 100% · 2018 99% · 2019 100% · 2020 100% · 2021 100% · 2023 91% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CHOOSE CHICAGO FOUNDATION draws 68% of its grant income from funders outside Illinois, across 5 states in all.

IL
NY
CA
NC
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’23
Illinois out of state home

Funder states come from each funder’s own filing. $2.9M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CHOOSE CHICAGO FOUNDATION has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin−84% · bottom quartile
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)106% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like CHOOSE CHICAGO FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

57%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 1 related entity

  • Chicago Convention and Tourism Bureau · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CHOOSE CHICAGO FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CHOOSE CHICAGO FOUNDATION?
CHOOSE CHICAGO FOUNDATION (Illinois) receives grants from 15 organizations whose IRS filings report $11,485,640 to it, the largest being AB FOUNDATION ($4,000,000). 2 of them have funded it in more than one year.
How many funders does CHOOSE CHICAGO FOUNDATION have?
IRS filings report 15 organizations giving $11,485,640 in grants to CHOOSE CHICAGO FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of CHOOSE CHICAGO FOUNDATION?
AB FOUNDATION is the largest funder on record, with $4,000,000 in grants. The full list of funders is on this page.
How can an organization like CHOOSE CHICAGO FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing