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Steans Family Foundation

Profile

Last Updated: 2016-05-29

At A Glance

Steans Family Foundation

50 E. Washington St., Ste. 410

Chicago, IL United States 60602-2152

Telephone: (312) 467-5900

URL: www.steansfamilyfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Politics
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $21,957,449

Total giving: $1,792,083

EIN

363486843

BRIDGE Number

3131611471

Background

Established in 1986 in IL - Founded by the Steans family - Harrison, Lois, and their three daughters, Heather, Jennifer, and Robin. Heather Steans is a member of the Illinois Senate, representing the 7th district.

Purpose and Activities

The foundation's mission is to focus its grantmaking and programs in North Lawndale, IL, a revitalizing neighborhood on Chicago, IL's, west side, and working in partnership with local residents and institutions to build and enhance the North Lawndale community. Giving primarily for education, birth-college access, including early childhood and school-based funding.

Program Area(s)

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

Program-Related Investment

The foundation has made a PRI to a community center. Historically, the foundation has made a PRI in the form of a loan to an organization which prepares young men for mature Christian leadership and academic excellence. The foundation has also made PRIs to a nonprofit organization which works to rebuild low- and moderate-income housing in neighborhoods of Chicago, IL, that have experienced deterioration and disinvestment, an education-to-career initiative, and to support community development and education.

Fields of Interest

Subjects
  • Charter school education
  • Education
  • Elementary and secondary education
  • Secondary education
Population Groups
  • Academics
  • Adolescents
  • Children
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Female children and youth
  • Female infants and toddlers
  • Female young adults
  • Infants and toddlers
  • Low-income and poor people
  • Male children and youth
  • Male infants and toddlers
  • Male young adults
  • People of African descent
  • Students
  • Young adults

Financial Data

Year ended 2014-12-31

Assets: $21,957,449 (market value)

Gifts received: $1,041,828

Expenditures: $4,250,347

Total giving: $1,792,083

Qualifying distributions: $2,535,651