EIN 36-3689171

Robert R Mccormick Foundation

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
1989
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Robert R McCormick Foundation's primary mission works with communities in Chicagoland and across Illinois to develop educated, informed, and engaged citizens. The foundation aims to assist communities, strengthen democracy, and help ensure that all residents have the opportunity to reach their full potential. In addition to providing grants for organizations in its program areas, the foundation also purchases tables and sponsorships for other charitable fundraising events. Administrative expenses are reported separately from any benefits received. The foundation is located in Chicago, IL.
Total revenues
$64,881,149
2022
Total expenses
$102,934,841
2022
Total assets
$1,467,739,432
2022
Num. employees
21
2022

Program areas at Robert R Mccormick Foundation

Grants (and related administration) made to organizations in the Foundation's grant making program areas.
The Foundation supports charitable organizations across the chicago region in their fundraising efforts through sponsorships, tables purchases, ticket purchases, and other donations to improve these organizations' sustainability and community impact.
Evaluation and support of programs in furtherance of the Foundation's mission.

Grants made by Robert R Mccormick Foundation

GranteeGrant descriptionAmount
Cantigny ParkGeneral Operating Support$20,460,897
Projecthood Hood Community Development CorporationFor General Operating Support. for the Leadership and Economic Development Center$8,022,500
Enlace ChicagoFor the Integration and Coordination of Two Community-Wide Local Safety Networks: the Little Village Youth Safety Network (Lvysn, Founded in 2011), and the Little Village Violence Prevention Collaborative (VPC, Founded in 2001), Enlace Chicago Is Soliciting Support To Engage A Consultant To Lead the Process To Generate the Little Village Quality of Life Plan 2023, and To Develop A Monitoring and Evaluation System. in Order To Do That Successfully, They Are Also Aiming To Reunify the Different Neighborhood Networks and Tables That Are Duplicating Efforts in Pursuit of Similar Goals. for Early Childhood Enrollment Support in Little Village, for the Fiscal Sponsorship of Universidad Popular To Support Early Childhood Enrollment in Little Village, for the Fiscal Sponsorship of Telpochcalli Community Education Project Inc To Support Early Childhood Enrollment in Little Village.$4,575,000
...and 236 more grants made totalling $93,169,259

Who funds Robert R Mccormick Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Metropolitan ChicagoProgram Support$5,498,000
Chicago Cubs CharitiesDonation To Cubs Care Fund and Chicago Sports Alliance$802,433
Chicago Bulls CharitiesProgram Support$516,021
...and 20 more grants received totalling $7,933,492

Personnel at Robert R Mccormick Foundation

NameTitleCompensation
Timothy P KnightChief Executive Officer and President$428,809
Carla BealChief Investment Officer$43,269
Kim TylerChief Financial Officer$61,144
David GranatChief Information Officer / Vice President Chief Investment Officer / Vice President , Chief Investment Officer$300,274
Louis MarsicoSenior Vice President of Operations , Treasurer / Senior Vice President , Operations / Senior Vice President of Operations$81,027
...and 24 more key personnel

Financials for Robert R Mccormick Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$13,376,363
Program services$0
Investment income and dividends$21,930,263
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$29,574,523
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$64,881,149

Form 990s for Robert R Mccormick Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-10-20990View PDF
2018-122020-02-08990View PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Used new vendors
Identified 2 new vendors, including , and
December 25, 2023
Received grants
Identified 3 new grant, including a grant for $430,000 from Chicago White Sox Charities
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $802,433 from Chicago Cubs Charities
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyNational levelEndowed supportTax deductible donations
General information
Address
205 N Michigan Ave 4300
Chicago, IL 60601
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Website URL
mccormickfoundation.org/ 
Phone
(630) 260-8151
Facebook page
McCormickFoundation 
Twitter profile
@mccormick_fdn 
IRS details
EIN
36-3689171
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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