Chicago Parks Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2012, with $4,315,548 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$4.3M
▲ 3.9% vs prior year
Recreation median: $129K
Expenses (FY2023)
$4.3M
Net assets
$7.6M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Chicago Parks Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Chicago Parks Foundation: 21 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Chicago Parks Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Chicago Parks Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $835K (FY2013) to $4.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$10.0M
Total liabilities
$2.5M
Net assets
$7.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,315,548▲3.9% | $4,341,039▲70.2% | $7,555,661▲0.1% | $10,010,253▲23.4% | 990 |
| 2022 | $4,155,415▼2.4% | $2,550,807▲20.1% | $7,547,120▲28.6% | $8,109,583▲29.4% | 990 |
| 2021 | $4,256,299▼5.1% | $2,123,065▼41.3% | $5,866,933▲59.9% | $6,269,164▲6.9% | 990 |
| 2020 | $4,486,912▲61.0% | $3,613,954▲67.2% | $3,669,199▲31.2% | $5,863,664▲87.6% | 990 |
| 2019 | $2,787,391▲4.0% | $2,162,100▼35.0% | $2,796,241▲28.8% | $3,125,902▲26.5% | 990 |
| 2018 | $2,678,899▲30.6% | $3,326,849▲68.6% | $2,170,950▼23.0% | $2,471,479▼15.5% | 990 |
| 2017 | $2,051,731▼11.3% | $1,973,521▼24.6% | $2,818,900▲2.9% | $2,923,995▲6.3% | 990 |
| 2016 | $2,312,097▼23.6% | $2,618,020▲62.9% | $2,740,690▼10.0% | $2,751,075▼10.8% | 990 |
| 2015 | $3,024,987▲37.9% | $1,607,606▲143% | $3,046,613▲87.0% | $3,083,691▲85.7% | 990 |
| 2014 | $2,193,744▲163% | $661,769▼10.4% | $1,629,232▲1575% | $1,660,248▲1142% | 990 |
| 2013 | $835,412 | $738,655 | $97,257 | $133,628 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
55 grants to Chicago Parks Foundation totaling $6.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Robert R Mccormick Foundation | Youth baseball and softball programs to support health and wellness | 2024 | $242,650 |
| Impactassets Inc | General support | 2024 | $200,000 |
| American Online Giving Foundation Inc | General support | 2024 | $29,373 |
| Stonier Scholarship Inc | General support to further the organization's purpose. | 2024 | $10,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $5,499 |
| Robert R Mccormick Foundation | Youth baseball and softball programs to support health and wellness | 2023 | $217,650 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $120,162 |
| National Philanthropic Tr | Health | 2023 | $113,396 |
| Donor Advised Charitable Giving | Human services | 2023 | $31,450 |
| American Online Giving Foundation Inc | General support | 2023 | $24,405 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $20,770 |
| American Endowment Foundation | Sports/leisure | 2023 | $10,500 |
| Jewish Federation of Metropolitan Chicago | Grants from donor advised funds - operating support | 2022 | $50,000 |
| The Chicago Community Trust | Support for park rejuvenation project at lakeview and fullerton parkway, 2022 financial assistance fund, support for diversey harbor community garden, general operating support | 2022 | $49,927 |
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Data for Chicago Parks Foundation (EIN 45-4866050) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.