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The Knowles Foundation

Chicago, IL 366051968

The Knowles Foundation, located in Chicago, IL, has assets of $24.3 million and funds projects in several Illinois cities and Rochester, MN, with annual expenses of $1.38 million and revenue of $2.35 million.

Overview

About The Knowles Foundation

The Knowles Foundation is a philanthropic organization based in Chicago, Illinois, with assets totaling approximately $24.3 million. The foundation's annual expenses are around $1.38 million, while its revenue is approximately $2.35 million. Although specific subject areas of funding are not listed, the foundation supports various cities primarily in Illinois, including Chicago, Elmhurst, Evanston, Hinsdale, Hoffman Estates, Lisle, and Mayhood, as well as Rochester in Minnesota. The foundation does not have a publicly available website, and there is no detailed information about the individuals involved with the organization.

Focus Areas

N/A

Geographic Focus

ILMN
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key Statistics
Total Assets $24.3M
Total Awarded This Year $1.1M
Average Grant Size $51K
Total Grants (Previous Year) 5,791
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
Chicago, IL US
Geographic Funding Distribution

Financials

Total Assets
$24,279,182

in 2024, compared to $23,309,575 in 2023

Annual Grants
$1,132,000

22 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$100,000ELMHURST MEMORIAL HOSPITALNursing Program155 E BRUSH HILL RD ELMHURST, IL US2022
$100,000GIGI'S PLAYHOUSEGeneral Fund2350 W HIGGINS ROAD HOFFMAN ESTATES, IL US2022
$100,000LOYOLA UNIVERSITY MEDICAL CENTERNursing Fund2160 S 1ST AVE MAYHOOD, IL US2022
$100,000LYRIC OPERA OF CHICAGOStudent and Family Performances Fund20 N WACKER DR SUITE 860 CHICAGO, IL US2022
$100,000RAY GRAHAM ASSOCIATIONHanson Center901 WARRENVILLE ROAD SUITE 500 LISLE, IL US2022
$100,000ELMHURST MEMORIAL HOSPITALNursing Program155 E BRUSH HILL RD ELMHURST, IL US2023
$100,000GIGI'S PLAYHOUSE INCGeneral Fund2350 W HIGGINS ROAD HOFFMAN ESTATES, IL US2023
$100,000LOYOLA UNIVERSITY MEDICAL CENTERNursing Fund2160 S 1ST AVE MAYHOOD, IL US2023
$100,000LYRIC OPERA OF CHICAGOStudent and Family Performances Fund20 N WACKER DR SUITE 860 CHICAGO, IL US2023
$100,000RAY GRAHAM ASSOCIATIONHanson Center901 WARRENVILLE ROAD SUITE 500 LISLE, IL US2023
72 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
MJP
MICHAEL J POWERS
DIRECTOR/TREASURER/SECRETARY$02022
DJH
DAVID J HILL
DIRECTOR/PRESIDENT$02022
RL
RONALD LAWLER
DIRECTOR$02022
MJP
MICHAEL J POWERS
DIR/TREAS/SEC$02023
DJH
DAVID J HILL
DIRECTOR/PRESIDENT$02023
RL
RONALD LAWLER
DIRECTOR$02023
6 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025