The Richard H Driehaus Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1985, with $10,711,253 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$10.7M
▲ 21.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$18.6M
Net assets
$379.2M
Employees
—
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 The Richard H Driehaus 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 The Richard H Driehaus Foundation: 245 mo reserves · -73% margin earns a F 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 The Richard H Driehaus 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 The Richard H Driehaus Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.5M (FY2020) to $10.7M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
-73.4%
Spent more than it raised in the latest fiscal year.
Total assets
$386.7M
Total liabilities
$7.5M
Net assets
$379.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $10,711,253▲21.2% | $18,574,013▼6.7% | $379,246,743▲6.7% | $386,726,217▲6.3% | 990PF |
| 2023 | $8,835,016▲4297% | $19,897,268▲167% | $355,392,035▲6.9% | $363,758,900▲8.7% | 990PF |
| 2022 | $200,949▼99.9% | $7,447,544▲30.5% | $332,422,543▼6.3% | $334,699,905▼6.5% | 990PF |
| 2021 | $282,865,843▲19367% | $5,704,861▼12.9% | $354,911,324▲264% | $357,794,391▲255% | 990PF |
| 2020 | $1,453,050 | $6,550,768 | $97,464,283 | $100,822,251 | 990PF |
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.
Highest-paid: Anne Lazar — $384,519 (2.07% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Anne Lazar | Executive Director/president | 40 | $384,519 |
| Chris Mellin | Director / Secretary | 0 | $16,500 |
| Dorothy Mellin | Director / Vice President | 1 | $16,500 |
| Elizabeth Driehaus | Director / Treasurer | 1 | $16,500 |
| Ernest Wong | Director | 1 | $16,500 |
| John Chandler | Director | 1 | $16,500 |
| Lynn Osmond | Director | 1 | $16,500 |
| Michael Lykoudis | Director | 1 | $16,500 |
| Maurice Cox | Director | 1 | $4,250 |
2 grants to The Richard H Driehaus Foundation totaling $6.8M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | General operating support | 2019 | $18,035 |
| The Chicago Community Trust | General operating support | 2018 | $6,739,477 |
Explore more
Data for The Richard H Driehaus Foundation (EIN 36-3261347) 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.