Funder DirectoryThe Knowles Foundation
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Private foundation (trust)EIN 366051968Est. 1956-06

The Knowles Foundation

Chicago, IL 60601

Total Assets

$27.5M

FY 2023

Annual Giving

$1.5M

FY 2023

Grants Made

24

FY 2023

Avg Grant

$61K

FY 2023

Grant Range

$10K–$188K

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$780K

Total Expenses

$1.7M

Qualifying Distributions

$1.5M

Distributable Amount

$1.3M

Min. Investment Return

$1.3M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

24 grants

Grant sizes from minimum $10K through median $50K to maximum $188K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2019 to 2023. Peak $1.5M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

121 grants

MERIT SCHOOL OF MUSIC
$666K
12 grants
LYRIC OPERA OF CHICAGO
$475K
5 grants
LOYOLA UNIVERSITY MEDICAL CENTER
$450K
6 grants
ELMHURST MEMORIAL HOSPITAL
$450K
5 grants
RAY GRAHAM ASSOCIATION
$415K
5 grants
FRIENDS OF THE CHICAGO RIVER
$370K
5 grants
CHICAGO ARCHITECTURE CENTER
$340K
5 grants
ADLER PLANETARIUM
$315K
6 grants

Grant Size Distribution

121 grants

<$10K
7
grants
$10–50K
69
grants
$50–250K
45
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

2 states

Illinois
$6.2M
98% of total
Minnesota
$100K
2% of total

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The Knowles Foundation — Grants, Financials & Contact | Grantivo