NonprofitsIllinois Policy Institute

Public & Societal Benefit

Illinois Policy Institute

CHICAGO, IL

Total revenue

$8.1M

Total expenses

$7.5M

Net assets

$2.0M

Grants received

$21.3M

228 grants

EIN

412057028

Tax year

2024

Mission

The institute is a free market oriented think tank dedicated to gathering, disseminating, and educating illinois constituents on local, state, and federal public policy issues facing illinois.

Financials

FY 2024

Revenue

Contributions & grants$8.0M
Program service revenue
Investment income$90K
Other revenue$2K
Total revenue$8.1M

Expenses

Grants paid$705K
Salaries & benefits$2.9M
Fundraising$1.2M
Other expenses$3.4M
Total expenses$7.5M
Total assets$3.1M
Net assets$2.0M

People

14 listed

NameRoleCompensation

MATTHEW PAPROCKI

PRESIDENT AND CEO

Board

$279K

28 hrs/wk

RICHARD WEISS

DIRECTOR

Board

1 hrs/wk

JOHN TILLMAN

CHAIRMAN

Board

5 hrs/wk

CRAIG MANSKE

DIRECTOR

Board

1 hrs/wk

MARK MILLER

SECRETARY

Board

1 hrs/wk

ART MARGULIS

TREASURER

Board

1 hrs/wk

SHERRY STREET

DIRECTOR

Board

1 hrs/wk

SARA ALBRECHT

DIRECTOR

Board

1 hrs/wk

ED BACHRACH

VICE CHAIRMAN

Board

1 hrs/wk

AUSTIN JACK

VP OF EXTERNAL RELATIONS

Staff

$179K

38 hrs/wk

AMY KORTE

EXECUTIVE VP

Staff

$133K

30 hrs/wk

HILARY YELVINGTON

SENIOR VICE PRESIDENT

Staff

$120K

30 hrs/wk

CHRISTOPHER ANDRIESEN

VP OPERATIONS

Staff

$91K

28 hrs/wk

JAMES LONG

VP OF GOVERNMENT AFF

Staff

$77K

24 hrs/wk

Independent contractors

BEARING TREE

ADMINISTRATIVE, DEVELOPMENT, AND STRATEG

$1.6M

IRON LIGHT INC

MARKETING AND PROMOTION

$963K

SOUTH RIVERSIDE BUILDING LLC

PROPERTY MANAGEMENT

$549K

ROBERT ISHAM JR

CONSULTING

$125K

PERSONALIZED MARKETING SOLUTIONS

MARKETING AND PROMOTION

$105K

Grants received

Showing 200 of 228

FromAmountPurposeYear
$125K
To support general operations
2024
$125K
UNRESTRICTED CHARITABLE GIFT
2024
$100K
UNRESTRICTED
2024
$100K
TO FURTHER PROGRAM SERVICES
2024
$80K
Economic Education
2024
$60K
GENERAL SUPPORT
2024
$40K
GENERAL OPERATING
2024
$36K
COMMUNITY & HUMAN SERVICES
2024
$35K
General & Unrestricted
2024
$25K
UNRESTRICTED GENERAL
2024
$20K
UNRESTRICTED
2024
$20K
UNRESTRICTED GENERAL SUPPORT
2024
$18K
PUBLIC AFFAIRS
2024
$15K
TO PROVIDE SUPPORT
2024
$10K
for general operations
2024
$10K
CHARITABLE PURPOSE
2024
$10K
UNRESTRICTED
2024
$10K
GENERAL FUND
2024
$5K
General Charitable Purpose
2024
$5K
UNRESTRICTED
2024
$5K
Funding of public policy advocacy program
2024
$1K
GENERAL OPERATION SUPPORT
2024
$1K
General & Unrestricted
2024
$1K
GENERAL OPERATIONS
2024
$100
GENERAL CHARITABLE PURPOSE
2024
$250K
VENTURE
2023
$235K
GENERAL OPERATING
2023
$203K
GENERAL OPERATING SUPPORT.
2023
$194K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$150K
To support general operations
2023
$119K
PUBLIC, SOCIETAL BENEFIT
2023
$102K
ON 12/08/2023, THE FOUNDATION DONATED 5750 SHS OF PLTR WITH A BOOK VALUE OF $18,745 TO HELP FURTHER THE ORGANIZATION'S PROGRAM SERVICES. VALUATIONS ARE BASED ON THE AVERAGE OF THE HIGH/LOW SHARE PRICE ON THE DATE OF THE CONTRIBUTION.
2023
$100K
UNRESTRICTED USE
2023
$100K
General support for programs, operations and other charitable purposes
2023
$91K
for general operations
2023
$88K
UNRESTRICTED
2023
$60K
GENERAL SUPPORT
2023
$51K
For grant recipient's exempt purposes
2023
$40K
General use
2023
$22K
CULTURE & ARTS
2023
$20K
General & Unrestricted
2023
$20K
UNRESTRICTED GENERAL
2023
$15K
TO PROVIDE SUPPORT
2023
$10K
GENERAL FUND
2023
$10K
UNRESTRICTED
2023
$10K
for the Invest in Kids project
2023
$10K
COMMUNITY
2023
$10K
GENERAL OPERATION SUPPORT
2023
$10K
General Support
2023
$10K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$10K
CHARITABLE PURPOSE
2023
$7K
GRANTS FROM DONOR ADVISED FUNDS- OPERATING SUPPORT
2023
$5K
PUBLIC POLICY RESEARCH
2023
$5K
UNRESTRICTED
2023
$5K
UNRESTRICTED
2023
$5K
General Charitable Purpose
2023
$5K
Funding of public policy advocacy program
2023
$3K
CHARITABLE CONTRIBUTION
2023
$2K
General & Unrestricted
2023
$1K
GENERAL OPERATIONS
2023
$1K
GENERAL FUND
2023
$600
PROFESSIONAL
2023
$350K
CENTER FOR POVERTY SOLUTIONS GRANT
2022
$335K
PUBLIC, SOCIETAL BENEFIT
2022
$200K
To support general operations
2022
$164K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$117K
PUBLIC, SOCIETAL BENEFIT
2022
$100K
UNRESTRICTED USE
2022
$100K
UNRESTRICTED
2022
$100K
CHARITABLE
2022
$50K
UNRESTRICTED
2022
$50K
GENERAL OPERATING
2022
$40K
GENERAL OPERATING GRANT
2022
$32K
For grant recipient's exempt purposes
2022
$25K
COMMUNITY & HUMAN SERVICES
2022
$25K
GENERAL SUPPORT
2022
$20K
RESEARCH INSTITUTE / PUBLIC POLICY ANALYSIS
2022
$15K
GENERAL OPERATING FUND
2022
$12K
GENERAL CHARITABLE PURPOSES
2022
$11K
General Operating Support
2022
$10K
General & Unrestricted
2022
$10K
UNRESTRICTED
2022
$10K
COMMUNITY
2022
$10K
GENERAL OPERATION SUPPORT
2022
$10K
GENERAL PURPOSES
2022
$10K
TO PROVIDE SUPPORT
2022
$5K
FOR GENERAL OPERATING SUPPORT
2022
$5K
PUBLIC POLICY RESEARCH
2022
$5K
General Charitable Purpose
2022
$4K
Funding of public policy advocacy program
2022
$3K
CHARITABLE CONTRIBUTION
2022
$2K
CHARITABLE
2022
$1K
GENERAL FUND
2022
$1K
General & Unrestricted
2022
$1K
GENERAL FUND
2022
$1K
SUPPORT FOR SOCIAL SERVICES
2022
$1K
GENERAL OPERATION SUPPORT
2022
$1K
FURTHER THE ORGANIZATION'S EXEMPT PURPOSES
2022
$500
GENERAL OPERATIONS
2022
$500
To promote a freer and more porsperous Illinois.
2022
$250
CHARITABLE CONTRIBUTION
2022
$100
EDUCATION AND HEALTH
2022
$4.2M
For recipient's exempt purpose
2021
$1.5M
For grant recipient's exempt purposes
2021
$1.5M
For grant recipient's exempt purposes
2021
$150K
ECONOMIC FREEDOM RESEARCH
2021
$100K
CHARITABLE
2021
$75K
UNRESTRICTED
2021
$68K
PUBLIC, SOCIETAL BENEFIT
2021
$10K
General & Unrestricted
2021
$10K
CHARITABLE PURPOSE
2021
$10K
GENERAL OPERATING FUND
2021
$10K
TO PROVIDE SUPPORT
2021
$8K
ECONOMIC FREEDOM RESEARCH
2021
$8K
TAX POLICY RESEARCH
2021
$5K
UNRESTRICTED
2021
$5K
FOR GENERAL SUPPORT
2021
$4K
CHARITABLE CONTRIBUTION
2021
$2K
UNRESTRICTED
2021
$2K
GENERAL OPERATION SUPPORT
2021
$500
GENERAL OPERATIONS
2021
$500
GENERAL SUPPORT
2021
$500
EDUCATION AND HEALTH
2021
$100
GENERAL CHARITABLE PUPOSE
2021
$1.8M
For grant recipient's exempt purposes
2020
$200K
CHARITABLE
2020
$200K
RESEARCH
2020
$184K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$150K
To support general operations
2020
$100K
UNRESTRICTED USE
2020
$100K
To support workplace freedom efforts
2020
$75K
UNRESTRICTED
2020
$44K
PUBLIC, SOCIETAL BENEFIT
2020
$40K
general operating
2020
$40K
for Fight that "Fair Tax"
2020
$40K
ECONOMIC FREEDOM RESEARCH
2020
$25K
GENERAL OPERATING BUDGET
2020
$20K
GENERAL & UNRESTRICTED
2020
$16K
GENERAL OPERATING SUPPORT
2020
$10K
COMMUNITY
2020
$10K
GENERAL OPERATING FUND
2020
$10K
GENERAL SUPPORT
2020
$8K
for general operations
2020
$5K
For general operating support
2020
$5K
General & Unrestricted
2020
$5K
CHARITABLE CONTRIBUTION
2020
$5K
BUILDING FINANCIAL STABILITY & OPPORTUNITY
2020
$5K
Funding of public policy advocacy program
2020
$3K
GENERAL FUND
2020
$3K
GENERAL PURPOSES
2020
$2K
General & Unrestricted
2020
$2K
UNRESTRICTED
2020
$2K
GENERAL OPERATION SUPPORT
2020
$500
FURTHER THE ORGANIZATION'S EXEMPT PURPOSES
2020
$500
GENERAL SUPPORT
2020
$250
EDUCATION AND HEALTH
2020
$590K
For grant recipient's exempt purposes
2019
$65K
PUBLIC, SOCIETAL BENEFIT
2019

Funded by

$21.3M from 78 funders · 228 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$9.4M · 8 grants · 2017–2023

Vanguard Charitable Endowment Program

$4.7M · 4 grants · 2020–2023

The Lynde and Harry Bradley Foundation Inc

$725K · 5 grants · 2020–2024

Adolph Coors Foundation

$680K · 4 grants · 2020–2023

State Policy Network

$531K · 7 grants · 2020–2024

Donor Advised Charitable Giving Inc

$458K · 7 grants · 2017–2023

Red Bird Hollow Foundation

$400K · 3 grants · 2020–2022

Ranch Spur Charitable Trust

$388K · 5 grants · 2020–2024

Details

EIN412057028
NTEE codeW05
Subsection03
Ruling date2003-04
Formed2002
Employees0
Volunteers0