WORLD BUSINESS CHICAGO
AI Summary
WORLD BUSINESS CHICAGO is the City of Chicago’s public-private economic development agency, focused on inclusive economic growth, job creation, business support, and promoting Chicago as a leading global city. For fiscal year 2024, it reported an operating budget of $9.3 million and total revenue of $9.8 million, with major support from The Chicago Community Trust, John D and Catherine T MacArthur Foundation, and THE BLACKSTONE CHARITABLE FOUNDATION.
Mission Statement
WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY. OUR VISION IS TO ENSURE THAT ALL CHICAGOANS PROSPER. WE DRIVE GROWTH THROUGH BUSINESS RECRUITMENT, EXPANSION, AND RETENTION ASSISTANCE AND CONNECTING BUSINESSES TO RESOURCES AND OPPORTUNITIES. WE CHAMPION CHICAGO AS A WORLD-CLASS CITY THROUGH BUILDING STRATEGIC INDUSTRY PARTNERSHIPS, CONVENING POLICY MAKERS AND LEADERS, AND ADVANCING OPPORTUNITIES FOR MULTICULTURAL ENGAGEMENT. WE UNITE LEADERS TO ADVANCE GROWTH IN CHICAGO'S NEIGHBORHOODS THROUGH TALENT DEVELOPMENT, PROCUREMENT, AND INVESTMENT.
Cause Areas
1
Urban development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 70 funders
- 387 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is WORLD BUSINESS CHICAGO’s budget?
In 2023, WORLD BUSINESS CHICAGO reported an annual operating budget of around $13 million. More detailed financial information is available to registered users.
What causes does WORLD BUSINESS CHICAGO support?
WORLD BUSINESS CHICAGO supports work in Urban development.
Where does WORLD BUSINESS CHICAGO operate?
WORLD BUSINESS CHICAGO is headquartered in Chicago, IL.
Who funded WORLD BUSINESS CHICAGO recently?
In 2025, WORLD BUSINESS CHICAGO received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHARITIES AID FOUNDATION AMERICA, and NEW VENTURE FUND. More information on this organization’s funders is available to registered users.
What is the largest grant WORLD BUSINESS CHICAGO received in 2024?
The largest grant to WORLD BUSINESS CHICAGO in 2024 exceeds $491 thousand.
What is WORLD BUSINESS CHICAGO’s reliance on government grants?
WORLD BUSINESS CHICAGO relied on government grants for more than 45% of their total revenue in 2023.