Giving in Illinois
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Giving in Illinois 2019 Contributing Staff Candid Reina Mukai, Manager, Global Projects & Partnerships Davis Parchment, Manager, Global Projects & Partnerships Betty Saronson, Visual Designer Vanessa Suarez, Knowledge Services Assistant David Wolcheck, Manager, Data Standards Mantin Diomande, Research Analyst Forefront Eric Weinheimer, President and CEO Dawn Melchiorre, Chief Operating Officer Lisa May Simpson, Vice President, Learning and Engagement Noah Cruickshank, Director, Communications Sarah Rice, Librarian About Candid Every year, millions of nonprofits spend trillions of dollars around the world. Candid finds out where that money comes from, where it goes, and why it matters. Through research, collaboration, and training, Candid connects people who want to change the world to the resources they need to do it. Candid’s data tools on nonprofits, foundations, and grants are the most comprehensive in the world. Foundation Center and GuideStar joined forces to become Candid, a 501(c)(3) nonprofit organization. Find out more atcandid.org. About Forefront Forefront builds a vibrant social impact sector for all the people of Illinois. Forefront is Illinois’ statewide membership association for nonprofits, grantmakers, public agencies, advisors, and our allies. Forefront provides education, advocacy, thought leadership, and facilitates collective action around issues that are important to its members and to the sector. For more information, please visit myforefront.org or call (312) 578-0090. Copyright © 2019 Candid. This work is made available under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License. creativecommons.org/licenses/by-nc/4.0. doi.org/dd66 Key Findings 5,25 Number of active Illinois grantmaking foundations $44.1 illion Assets of Illinois foundations $5.1 Record level of Illinois illion foundation giving Share of Illinois foundation giving accounted for by Share of general operating Lake County grantmakers support to Illinois 4 2 Top funding priorities in Illinois Education Health $1. illion Giving by non-Illinois foundations to Illinois recipients Candid | Giving in Illinois 2019 | 3 The Illinois Foundation Community Illinois is home to 5,235 active grantmaking foundations spanning all types—independent or family, corporate, community, and operating—sizes, and issue areas. The community includes many foundations that only give locally or within the state, as well as those that fund nationally and even internationally. The following analysis provides an overview of the scale and composition of the Illinois foundation community and an examination of how Illinois foundations have fared relative to U.S. foundations in general over the past decade. The following section includes analysis of private and community foundations. Growth in Illinois foundation Illinois foundation giving reached a record $5.1 billion in 2017 giving outpaces U.S. foundations overall $5.1 B $4.6 B Illinois foundation giving reached a $3.8 B $3.3 B record $5.1 billion in 2017, nearly $3.1 B $2.8 B $2.6 B tripling since 2007. (Adjusted for $2.4 B $2.1 B $2.2 B inflation, giving rose 136 percent.) $1.8 B By comparison, giving by U.S. foundations overall rose 74 percent during this period (or 47 percent after inflation). The Illinois 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 foundation community has shown Source: Giving in Illinois, 2019. Figures based on unadjusted dollars. annual growth in giving every Note: Includes total giving of private and community foundations. year during the past decade. By comparison, total U.S. foundation Illinois foundation giving assets reached a record $44.1 billion in 2017 giving declined by just over 2 percent in 2009, following the double-digit $44.1 B loss in foundation assets that $38.3 B $39.0 B $39.2 B $35.9 B resulted from the Great Recession. $32.3 B $29.6B $27.9 B $28.5 B $24.9 B $25.0 B Illinois foundation assets reach peak levels Illinois foundations experienced high growth in assets in 2017, with an increase of 12 percent. 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Assets of Illinois foundations have Source: Giving in Illinois, 2019. Figures based on unadjusted dollars. grown at pace with the national Note: Includes assets of private and community foundations. average over the past decade (49 percent or 26 percent when adjusted for inflation). Candid | Giving in Illinois 2019 | 4 Summary statistics for Illinois grantmaking foundations by type, 2017 TYPE NO. FDNS % ASSETS % TOTAL GIVING % GIFTS RECEIVED % Independent 4,883 93.3 $37,752,419,732 85.6 $2,308,007,589 44.8 $1,727,228,920 37.9 Corporate 171 3.3 2,172,609,490 4.9 353,240,843 6.9 316,268,770 6.9 Community 26 0.5 3,474,785,037 7.9 341,816,574 6.6 445,902,576 9.8 Operating 155 3.0 720,727,315 1.6 2,145,718,484 41.7 2,070,232,666 45.4 TOTAL 5,235 100.0 $44,120,541,574 100.0 $5,148,783,490 100.0 $4,559,632,932 100.0 Source: Giving in Illinois, 2019. Figures exclude Illinois foundations that did not report grants in the latest fiscal year. Independent and family Illinois foundation giving grew faster than U.S. foundations foundations account for between 2007 and 2017 the majority of Illinois 136% foundations and resources Nine out of 10 foundations in $5.1 B Illinois are independent or family $4.6 B 47% foundations, including the state’s $3.8 B 26% $3.3 B 26% largest private foundation by $3.1 B $2.8 B ILLINOIS U.S.$2.6 B ILLINOIS U.S. assets—the Chicago-based John $2.4 B $2.1 B $2.2 B D. and Catherine T. MacArthur $1.8 B GROWTH OF TOTAL GIVING, GROWTH OF TOTAL ASSETS, 2007-2017 2007-2017 Foundation. They also account for the largest shares of foundation Source: Giving in Illinois, 2019. Figures based on inflation-adjusted dollars. giving and assets. Nonetheless, Note: Includes total giving and assets of private and community foundations. the North Chicago-based Abbvie 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Independent foundations accounted for the largest Patient Assistance Foundation0.0 0.2 0.4 0.6 0.8 1.0 (formerly the Abbott Patient shares of Illinois foundation giving and assets in 2017 Assistance Foundation), an operating foundation, was by far the largest ILLINOIS FOUNDATION ASSETS 86% INDEPENDENT Illinois foundation by giving in 2017. ILLINOIS FOUNDATION GIVING 45% The foundation is one of roughly a dozen operating foundations 8% nationally created by pharmaceutical COMMUNITY manufacturers for the purpose of 7% distributing medications to patients 1 with financial hardships. Excluding 5% this foundation, Illinois operating CORPORATE 7% foundations would account for just 1 percent of giving by grantmakers in 2% the state. OPERATING 42% Illinois foundation giving is concentrated among the Source: Giving in Illinois, 2019. top 10 funders Consistent with patterns across the country, the top 10 Illinois private and community foundations by giving accounted for three-fifths of 2017 Candid | Giving in Illinois 2019 | 5 grant dollars. For the top 10 by assets, Top 10 Illinois private and community foundations by total giving, 2017 the share was a smaller but still FOUNDATION NAME CITY COUNTY TYPE1 TOTAL GIVING substantial 35 percent. Six of the top 1 The Abbvie Patient Assistance Foundation North Chicago Lake OP $2,107,677,524 foundations by giving and all but one 2 The Chicago Community Trust Chicago Cook CM $309,079,405 of the top foundations by assets were 3 John D. and Catherine T. MacArthur Foundation Chicago Cook IN $255,597,682 located in Cook County. 4 Howard G. Buffett Foundation Decatur Macon IN $168,339,765 5 The Grainger Foundation Lake Forest Lake CS $52,646,603 Illinois corporate foundations 6 Arie and Ida Crown Memorial Chicago Cook IN $47,864,529 account for 7 percent of 7 The Joyce Foundation Chicago Cook IN $36,440,380 8 Caterpillar Foundation Peoria Peoria CS $33,022,381 grant dollars 9 The Spencer Foundation Chicago Cook IN $28,428,520 Illinois corporate foundations 10 The Allstate Foundation Northbrook Cook CS $28,288,465 reported total giving of $353 million Source: Giving in Illinois, 2019. 1 in 2017, with the Grainger Foundation IN = Independent; CM = Community; CS = Corporate; OP = Operating at the top of the list. Corporate foundations’ 6.9 percent share of Top 10 Illinois private and community foundations by assets, 2017 overall Illinois foundation giving FOUNDATION NAME CITY COUNTY TYPE1 ASSETS was less than the 8.4 percent share 1 John D. and Catherine T. MacArthur Foundation Chicago Cook IN $6,999,766,070 recorded nationally. While a total 2 The Chicago Community Trust Chicago Cook CM $2,828,248,897 of 171 Illinois corporate foundations 3 The Joyce Foundation Chicago Cook IN $1,062,106,276 made grants in the latest year, giving 4 Arie and Ida Crown Memorial Chicago Cook IN $1,149,160,830 was extremely concentrated among 5 William R Kenan Jr Charitable Trust Chicago Cook IN $644,899,416 the largest funders. Over 60 percent 6 Terra Foundation for American Art Chicago Cook IN $562,241,908 of Illinois corporate foundation 7 The Spencer Foundation Chicago Cook IN $538,377,672 giving was provided by just the top 8 Pritzker Foundation Chicago Cook IN $522,551,000 10 grantmakers. 9 Circle of Service Foundation Vernon Hills Lake IN $498,897,699 10 Polk Bros. Foundation, Inc. Chicago Cook IN $434,882,694 Foundations in Cook County Source: Giving in Illinois, 2019. 1 and surrounding areas IN = Independent; CM = Community; CS = Corporate; OP = Operating control the largest share of resources Top 10 Illinois corporate foundations by total giving, 2017 Grantmaking foundations were FOUNDATION NAME CITY COUNTY TOTAL GIVING located in the vast majority of Illinois 1 The Grainger Foundation Lake Forest Lake $52,646,603 counties (90 out of 102), but 2 Caterpillar Foundation Peoria Peoria $33,022,381 90 percent of the giving was 3 The Allstate Foundation Northbrook Cook $28,288,465 accounted for by funders in just two 4 Illinois Tool Works Foundation Glenview Cook $20,128,437 counties.