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Polk Bros. Foundation, Inc.

Profile

Last profile update: 06/16/2017
Last grant data update: 03/18/2017

At A Glance

Polk Bros. Foundation, Inc.

20 W. Kinzie St., Ste. 1110

Chicago, IL United States 60654-5815

Telephone: (312) 527-4684

URL: www.polkbrosfdn.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

EIN

366108293

BRIDGE Number

7604026230

Background

Incorporated in 1957 in IL - Founded by members of the Polk family who owned and operated the Polk Bros. Inc. chain of retail stores. One of the original discounters, Polk Bros. Inc. was founded by Sol Polk in 1935. Brothers Sol, Sam, Harry, David and Morris and their sister, Ghisella "Goldie" Bachmann, ran the business, which was renamed Polk Brothers in 1946. Polk Brothers was a large home appliance and electronics retailer in Chicago, Illinois. The chain officially closed its doors in 1992. The assets were rolled over into the Polk Bros. Foundation.

Purpose and Activities

The mission is to improve the quality of life for the people of Chicago. The foundation partners with local nonprofit organizations that work to reduce the impact of poverty and provide area residents with better access to quality education, preventive health care and basic human services. Through its grantmaking, the foundation strives to make Chicago a place where all people have the opportunity to reach their full potential.