World Business Chicago
WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY.
Financial Overview
From 2023 IRS Form 990-PF
Total Assets
$11.7M
-8.1% YoY
Annual Giving
$520K
+41.0% YoY
Grant Count
17
+142.9% YoY
Avg Grant Size
$31K
-41.9% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $11,676,169 | $12,703,057 | $9,302,792 |
| Revenue | $13,132,683 | $11,317,735 | $9,942,081 |
| Expenses | $13,484,230 | $11,739,073 | $8,933,544 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $67,837 | $6,420 | $-32,570 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2023
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does World Business Chicago fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRANDON JOHNSON | CHAIR | 0.25 | — |
| LORI E LIGHTFOOT | FORMER CHAIR | 0.25 | — |
| MELLODY HOBSON | VICE CHAIR | 0.5 | — |
| MICHAEL MORKIN | SECRETARY | 0.5 | — |
| PETER THOMPSON | TREASURER | 0.5 | — |
| DAVID ANDALCIO | DIRECTOR | 0.25 | — |
| RITA ATHAS | EX OFFICIO DIRECTOR | 0.25 | — |
| CURT R BAILEY | DIRECTOR | 0.25 | — |
| GREG BEDALOV | EX OFFICIO DIRECTOR | 0.25 | — |
| MARC BAUMANN | FORMER DIRECTOR | 0.25 | — |
| HARDIK BHATT | DIRECTOR | 0.25 | — |
| KAREN BRENNAN | DIRECTOR | 0.25 | — |
| ROZ BREWER | FORMER DIRECTOR | 0.25 | — |
| ROBERT BRONSTEIN | FORMER DIRECTOR | 0.25 | — |
| GREG BROWN | DIRECTOR | 0.25 | — |
| ELIZABETH BUCHANAN | DIRECTOR | 0.25 | — |
| JOHN BUCK | FORMER DIRECTOR | 0.25 | — |
| MARTIN CABRERA | DIRECTOR | 0.25 | — |
| GREGORY C CASE | DIRECTOR | 0.25 | — |
| DAVE CASPER | FORMER DIRECTOR | 0.25 | — |
| HOWARD CHRISMAN | DIRECTOR | 0.25 | — |
| FRANCO CISTERNINO | DIRECTOR | 0.25 | — |
| KEVIN COLE | DIRECTOR | 0.25 | — |
| KEVIN CONSIDINE | EX OFFICIO DIRECTOR | 0.25 | — |
| ALANNA COTTON | DIRECTOR | 0.25 | — |
| STEPHANIE CURULEWSKI | DIRECTOR | 0.25 | — |
| JAMES S CROWN | FORMER DIRECTOR | 0.25 | — |
| WENDELL DALLAS | DIRECTOR | 0.25 | — |
| KYLE DEGIULIO | DIRECTOR | 0.25 | — |
| DAVE DOHNALEK | FORMER DIRECTOR | 0.25 | — |
| DONALD EDWARDS | FORMER DIRECTOR | 0.25 | — |
| JOE ERLINGER | DIRECTOR | 0.25 | — |
| DR OPELLA ERNEST | DIRECTOR | 0.25 | — |
| JOHN ETTELSON | FORMER DIRECTOR | 0.25 | — |
| GRAHAM GRADY | DIRECTOR | 0.25 | — |
| KELLY GRAVES | DIRECTOR | 0.25 | — |
| RAJ GUPTA | FORMER DIRECTOR | 0.25 | — |
| DARRELL HACKETT | DIRECTOR | 0.25 | — |
| NINA HARDING | DIRECTOR | 0.25 | — |
| DEAN HARRISON | FORMER DIRECTOR | 0.25 | — |
| BRETT HART | DIRECTOR | 0.25 | — |
| LORI E HEALEY | DIRECTOR | 0.25 | — |
| TORRENCE HINTON | DIRECTOR | 0.25 | — |
| JOHN M HOLMES | DIRECTOR | 0.25 | — |
| MARK HOPLAMAZIAN | DIRECTOR | 0.25 | — |
| MARK A HOPPE | FORMER DIRECTOR | 0.25 | — |
| ZACHERY HOUSE | DIRECTOR | 0.25 | — |
| PAUL HSU | DIRECTOR | 0.25 | — |
| GREG HUGHES | DIRECTOR | 0.25 | — |
| TRAVIS HUNTER JR | DIRECTOR | 0.25 | — |
| LINDA IMONTI | FORMER DIRECTOR | 0.25 | — |
| JAIME LM JONES | DIRECTOR | 0.25 | — |
| STEVEN A KERSTEN | DIRECTOR | 0.25 | — |
| DAVE KIMBELL | DIRECTOR | 0.25 | — |
| KIP KIRKPATRICK | DIRECTOR | 0.25 | — |
| GREG KLAMRZYNSKI | DIRECTOR | 0.25 | — |
| JOHN KOUDOUNIS | DIRECTOR | 0.25 | — |
| ASHISH LAL | DIRECTOR | 0.25 | — |
| RYAN LARISON | DIRECTOR | 0.25 | — |
| ERIC LEFKOFSKY | DIRECTOR | 0.25 | — |
| FABIANO LIMA | DIRECTOR | 0.25 | — |
| TONY MAGGIORE | DIRECTOR | 0.25 | — |
| JEFFREY MALEHORN | EX OFFICIO DIRECTOR | 0.25 | — |
| JAMES MANTANKY | FORMER DIRECTOR | 0.25 | — |
| CRAIG MARTIN | DIRECTOR | 0.25 | — |
| CHRISTINA MEITUS | DIRECTOR | 0.25 | — |
| MICHAEL H MOSKOW | DIRECTOR | 0.25 | — |
| KAREN MURPHY | DIRECTOR | 0.25 | — |
| MARTIN H NESBITT | FORMER DIRECTOR | 0.25 | — |
| PIN NI | DIRECTOR | 0.25 | — |
| DIA NICHOLS | DIRECTOR | 0.25 | — |
| MICHAEL O'GRADY | DIRECTOR | 0.25 | — |
| FRANK PASQUESI | DIRECTOR | 0.25 | — |
| LUKE PETHERBRIDGE | DIRECTOR | 0.25 | — |
| JOSE LUIS PRADO | DIRECTOR | 0.25 | — |
| RICHARD S PRICE | DIRECTOR | 0.25 | — |
| GIL C QUINIONES | DIRECTOR | 0.25 | — |
| JAIME REDMOND | DIRECTOR | 0.25 | — |
| DAVID REIFMAN | DIRECTOR | 0.25 | — |
| MICHAEL REINSDORF | DIRECTOR | 0.25 | — |
| JIM REYNOLDS | DIRECTOR | 0.25 | — |
| ROBBERT RIETBROEK | FORMER DIRECTOR | 0.25 | — |
| JOHN C ROBAK | DIRECTOR | 0.25 | — |
| DESIREE ROGERS | DIRECTOR | 0.25 | — |
| LIOR RON | DIRECTOR | 0.25 | — |
| KRISTEN ROSSI | DIRECTOR | 0.25 | — |
| DAN RYAN | FORMER DIRECTOR | 0.25 | — |
| MICHAEL J SACKS | DIRECTOR | 0.25 | — |
| KAREN SAUDER | DIRECTOR | 0.25 | — |
| KATHY SCHERER | DIRECTOR | 0.25 | — |
| JENNIFER SCANLON | FORMER DIRECTOR | 0.25 | — |
| ERIC SEDLER | DIRECTOR | 0.25 | — |
| SMITA SHAH | DIRECTOR | 0.25 | — |
| JEFF SHAPACK | DIRECTOR | 0.25 | — |
| JON SHULKIN | DIRECTOR | 0.25 | — |
| CHARLES SMITH | DIRECTOR | 0.25 | — |
| RYAN SMITH | DIRECTOR | 0.25 | — |
| MARC F SPERBER | DIRECTOR | 0.25 | — |
| JAMES SPRAYREGEN | DIRECTOR | 0.25 | — |
| JENNIFER STEANS | DIRECTOR | 0.25 | — |
| MARK SULLIVAN | DIRECTOR | 0.25 | — |
| SCOTT C SWANSON | DIRECTOR | 0.25 | — |
| MARK TEBBE | DIRECTOR | 0.25 | — |
| DONALD THOMPSON | DIRECTOR | 0.25 | — |
| WADE THOMSON | DIRECTOR | 0.25 | — |
| EDWARD TILLY | FORMER DIRECTOR | 0.25 | — |
| LAURA THONN | DIRECTOR | 0.25 | — |
| JUDY TOLAND | DIRECTOR | 0.25 | — |
| JEFF TOROSIAN | DIRECTOR | 0.25 | — |
| ELIZABETH TULACH | DIRECTOR | 0.25 | — |
| GLEN TULLMAN | DIRECTOR | 0.25 | — |
| JAMES TURNER | DIRECTOR | 0.25 | — |
| GRANT C UHLIR | DIRECTOR | 0.25 | — |
| JOHN R WEISS | DIRECTOR | 0.25 | — |
| TIM WENTWORTH | DIRECTOR | 0.25 | — |
| MELISSA WERNECK | DIRECTOR | 0.25 | — |
| DON WILSON | DIRECTOR | 0.25 | — |
| JASON WORTENDYKE | DIRECTOR | 0.25 | — |
| ANDREA ZOPP | EX OFFICIO DIRECTOR | 0.25 | — |
| MICHAEL FASSNACHT | PRESIDENT & CEO | 45 | $484,575 |
| CARRIE SIMMONS | VP OF OPERATIONS & HR | 40 | $152,668 |
| ABIN KURIAKOSE | STRATEGY & INNOVATION CHIEF | 40 | $157,066 |
| LISA DZIEKAN | EVP BUSINESS DEVELOPMENT | 40 | $145,372 |
| KYLE SCHULZ | GROWTH CHIEF | 40 | $153,645 |
| ADRIENNE TONGATE | EVP GLOBAL STRATEGIC INITIATIVES | 40 | $151,312 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Illinois $3.0M (95%)
California $55K (2%)
Massachusetts $50K (2%)
New Jersey $50K (2%)
Florida $8K (0%)
Cities
BOSTONCAMDENCAROL STREAMCHICAGOHAWTHORNELOS ANGELESORLANDO
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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