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The Coleman Foundation, Inc.

Profile

Last Updated: 2016-06-03

At A Glance

The Coleman Foundation, Inc.

651 W. Washington Blvd., Ste. 306

Chicago, IL United States 60661-2134

Telephone: (312) 902-7120

URL: www.colemanfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $169,627,108

Total giving: $7,052,614

EIN

363025967

BRIDGE Number

5442612096

Background

Trust established in 1951 in IL - The Coleman Foundation, Inc, is a private, independent foundation established in the state of Illinois in 1951. The source of the endowment was the estates of Dorothy W. and J.D. Stetson Coleman

Purpose and Activities

Giving for postsecondary, community, secondary and elementary education programs which focus on developing awareness of self-employment, and other selected postsecondary, secondary, and elementary education projects. Support also for cancer care and research well as for programs to aid the developmentally disabled in the metropolitan Chicago area.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Cancer Care

The foundation has been an advocate for raising the standards of cancer care in the Midwest region.The program’s primary initiatives are cancer care including support services, treatment and research. A specific area of interest is providing support services for individuals diagnosed with cancer, their families and caregivers. The foundation supports translational research, intended to translate knowledge derived from laboratory work into clinical applications. With a desire to increase the body of knowledge and expertise in the region, endowed chairs in oncology have been established at leading institutions. To supplement the work of the endowed chair holders, the foundation occasionally supports educational programs for cancer patients and survivors and workshops for healthcare professionals.

Developmental Disabilities

The foundation supports various programs aimed at helping individuals with disabilities achieve self-determination, self-reliance, and self-respect. These programs have historically been focused on individuals with developmental disabilities and have focused on housing, life skills and supportive employment.

Entrepreneurship Education

The foundation is committed to the principles of self-determination, self-reliance, self-respect, and individual initiative. It believes these characteristics are essential to the development of entrepreneurs and their pursuit of self-employment and has worked to establish entrepreneurship as a career option and field of study for individuals of all ages. The foundation’s work to advance entrepreneurship has included the establishment of Coleman Chairs in Entrepreneurship at colleges and universities across the nation, and the creation of the Council for Entrepreneurship Awareness and Education.

General Education

The foundation considers general education grants to exceptional institutions. These grants are mostly within the city of Chicago and focused on the creation of innovative programs that provide education to underserved individuals. The support is targeted at innovative programs that educate young people in underserved communities. Revitalization of communities and building a base for economic growth and development is the objective of such support.

Program-Related Investment

Historically, the foundation has made PRIs, in the form of low-interest rate loans to nonprofit community development organizations.

Fields of Interest

Subjects
  • Adult education
  • Business education
  • Community and economic development
  • Developmental disability services
  • Education
  • Elementary education
  • Entrepreneurship
  • Higher education
  • Human services
  • Oncology
  • Rehabilitation
  • Secondary education
  • Special population support
Population Groups
  • Academics
  • Low-income and poor people
  • People with disabilities
  • People with intellectual disabilities
  • People with psychosocial disabilities

Financial Data

Year ended 2014-12-31

Assets: $169,627,108 (market value)

Expenditures: $9,310,848

Total giving: $7,052,614

Qualifying distributions: $8,360,055

Giving activities include:

$7,052,614 for 145 grants (high: $400,000; low: $1,500)