Illinois · Nonprofit
P33
P33 (Illinois) receives grants from 17 organizations whose IRS filings report $2,325,825 to it, the largest being THE BLACKBAUD GIVING FUND ($900,025). 7 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $5.8M
- Funders on record
- 17
- Grants received
- $2.3M
- Net assets
- $13M
What P33 does
Mission
Tranform chicago into a tier one technology and innovation hub and promote inclusive economic growth.
As stated on its FY2025 Form 990.
Programs
Founders - P33 is actively engaged in inclusive efforts to accelerate the flow of capital in our region so that chicago's startup and venture economy makes a significant impact on the perception, economic growth, and wellbeing of our city and our tech economy.
$1,864,063 spentof which $427,500 as grants$75,473 earned by the program35% of program spendingMarketing/communications and impact - P33 unites to tell chicago's tech story to retain and attract key audiences.
$1,247,073 spent$50,704 earned by the program23% of program spendingTalent - P33 is dedicated to cultivating, retaining, and attracting talent that reflects the diverse makeup of our region. We're focused on creating a robust tech talent pipeline inclusive of all chicagoland residents, enabling them to contribute to the digital economy while also retaining our existing tech talent. By building a more diverse tech talent pipeline, we not only foster continued innovation but also position ourselves as a global leader in promoting equity in tech.
$1,102,621 spentof which $10,000 as grants21% of program spendingRegional priorities - P33's regional priorities works to inclusively build and activate regional deep tech ecosystems, identifying and pushing forward promising emerging markets while continuing to advance existing scientific fields. P33 leans on local strengths and federal initiatives to unlock opportunities for diverse local scientists, researchers, and entrepreneurs, while advancing our nation's technological prowess and vision.
$1,102,521 spent21% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,316,278.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $67k to $8.7M (+12854%).
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.
Government-grant reliance: 2023 6% · 2024 6% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.
97% of P33’s revenue is contributions — more reliant on donations than three-quarters of its peers (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
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
Brad Henderson
CEO
Board chair
Chris Gladwin
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 12 funders, grant income rose $100k → $622k.
13 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% 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: $4.1M from 4 payers (the payer shares this organization's board, largest The Commercial Club Foundation); $35k from one payer (the same organization on both sides, largest P33). These are real filings, and they are not money P33 raised.
From the IRS filings of P33’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
P33 leans on a few funders — its largest provides 39% of grant income and the top three 68%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
100% 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 P33.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 44% · 2022 61% · 2023 56% — 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
100% of P33's funders are still giving 2 years after their first grant; 41% give in more than one year at all.
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
93% of P33'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 $160k that is directly attributable, 100% of it comes from funders outside Illinois, across 4 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.2M arriving through sponsors registered in 11 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.
Against its field
P33 has grown faster than three-quarters of the 2,299 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025
Organizations like P33
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for P33: 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.
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 P33?
- P33 (Illinois) receives grants from 17 organizations whose IRS filings report $2,325,825 to it, the largest being THE BLACKBAUD GIVING FUND ($900,025). 7 of them have funded it in more than one year, and 93% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does P33 have?
- IRS filings report 17 organizations giving $2,325,825 in grants to P33, 7 of which have funded it in more than one year.
- Who is the largest funder of P33?
- THE BLACKBAUD GIVING FUND is the largest funder on record, with $900,025 in grants. The full list of funders is on this page.
- How can an organization like P33 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 2019–2025), and the filings of 17 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