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Illinois · Nonprofit

City Colleges of Chicago Foundation

City Colleges of Chicago Foundation (Illinois) receives grants from 61 organizations whose IRS filings report $32,632,062 to it, the largest being The Chicago Community Trust ($15,023,534). 25 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$7.2M
Funders on record
61
Grants received
$33M
Net assets
$24M
25/61 repeat funderspeak grant-dependency 72%
01What it does

What City Colleges of Chicago Foundation does

Mission

Fueled by the generosity of Chicago's philanthropic community, the City Colleges of Chicago Foundation raises charitable contributions to support community colleges students from all backgrounds in reaching their academic and career goals.

As stated on its FY2025 Form 990.

Program

  1. The Foundation is organized and shall be operated exclusively for educational purposes to assist in developing and augmenting the resources and carrying out the educational functions of the City Colleges of Chicago, established and operated by the Board of Trustees of Community College District No. 508, Cook County, State of Illinois, to the end there may be provided in the college's community broader educational opportunities for and service to the student and alumni of the college and the citizens of this state and nation. The Foundation provides scholarships and skilled upgrades to 1,287 students.

    $8,115,843 spentof which $8,019,233 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,115,843.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($7.6M) Expenses 100 ($4.2M) Net assets 100 ($14M)2021 Revenue 187 ($14M) Expenses 215 ($9.0M) Net assets 151 ($21M)2022 Revenue 117 ($9.0M) Expenses 150 ($6.3M) Net assets 168 ($24M)2023 Revenue 81 ($6.2M) Expenses 180 ($7.5M) Net assets 165 ($23M)2024 Revenue 65 ($5.0M) Expenses 116 ($4.9M) Net assets 176 ($25M)2025 Revenue 94 ($7.2M) Expenses 197 ($8.3M) Net assets 166 ($24M)
202020212022202320242025
Revenue (94)Expenses (197)Net assets (166)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $15M to $23M (+55%).

$15M
$23M
$24M
$24M
$29M
$27M
202020212022202320242025
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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$3.4M
’20
$5.3M
’21
$2.7M
’22
−$1.3M
’23
$123k
’24
−$1.1M
’25
12
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.

Chief executive

Marcus Hardaway

Executive Director

Board chair

Gary L Rozier

Chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed131113131412
Joined·+2+3+2+4+0
No longer listed·41232
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 21 funders, grant income rose $200k → $4.0M.

10 of 61 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of City Colleges of Chicago Foundation’s funders (the co-funder graph). Top 30 of 61 funders by total. 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

City Colleges of Chicago Foundation leans on a few funders — its largest provides 46% of grant income and the top three 63%; half comes from just 2 funders.

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

56% 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 City Colleges of Chicago Foundation.

46%
largest funder
63%
top three
~4
effective funders

Largest funder’s share by year: 2017 100% · 2018 62% · 2019 40% · 2020 34% · 2021 74% · 2022 65% · 2023 38% — 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.

How long its funders stay

36% of City Colleges of Chicago Foundation's funders are still giving 3 years after their first grant; 41% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of City Colleges of Chicago Foundation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $16M that is directly attributable, 60% of it comes from funders outside Illinois, across 16 states.

IL
WI
MI
NY
MA
IN
OH
CT
CA
CO
NE
VA
DE
NC
DC
TX

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

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $17M arriving through sponsors registered in 9 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

Organizations like City Colleges of 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

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

11
board members
82%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

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

  • City Colleges of Chicago · exempt

Screen this organization

A dated, signed PDF of the compliance screen for City Colleges of 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 City Colleges of Chicago Foundation?
City Colleges of Chicago Foundation (Illinois) receives grants from 61 organizations whose IRS filings report $32,632,062 to it, the largest being The Chicago Community Trust ($15,023,534). 25 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does City Colleges of Chicago Foundation have?
IRS filings report 61 organizations giving $32,632,062 in grants to City Colleges of Chicago Foundation, 25 of which have funded it in more than one year.
Who is the largest funder of City Colleges of Chicago Foundation?
The Chicago Community Trust is the largest funder on record, with $15,023,534 in grants. The full list of funders is on this page.
How can an organization like City Colleges of 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 FY2025 (financials across 2020–2025), and the filings of 61 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 22, 2026. What this page cannot tell you · view filing