Overview

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Closed

This organization closed in 2022. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Fiscal Year Start

Jan 1

Organization Type

Grantmaker

AI Summary

The Illinois Tool Works Foundation is a 501(c)3 organization that actively engages in grantmaking, having distributed a total of $8.7 million across 95 grantees in 2022. The foundation is currently open for unsolicited proposals, inviting prospective applicants to review the 'How to Apply' section of its profile page to determine their fit for funding opportunities.

Total Funding Given
$8.7M
2022
Grantees funded
95
Multi-year grantees
69%
Funding by Year
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Total No. of Grants
4
Median 1st year grant
$15K
Median 2nd year grant
$15K
Top 3 Grants
Matched grants only
Grantee
Grant Size
J
Jennifer Schott
Board Member
M
Michael Larsen
Board Member
E
E. Scott Santi
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to ILLINOIS TOOL WORKS FOUNDATION?
Yes. ILLINOIS TOOL WORKS FOUNDATION accepts unsolicited proposals for funding. You can find details in the How to Apply section on this profile.
Where does ILLINOIS TOOL WORKS FOUNDATION give?
ILLINOIS TOOL WORKS FOUNDATION primarily gives to organizations located in Illinois, South Carolina, and Minnesota. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are ILLINOIS TOOL WORKS FOUNDATION’s grants?
The largest share of grants from ILLINOIS TOOL WORKS FOUNDATION fall in the $5 million to $10 million range. The median first-year grant is about $15 thousand. More detailed grant size data is available to registered users.
How many grants does ILLINOIS TOOL WORKS FOUNDATION make each year?
In 2022, ILLINOIS TOOL WORKS FOUNDATION awarded about 4 grants, totaling nearly $8.7 million. More detailed grant metrics are available to registered users.
Who did ILLINOIS TOOL WORKS FOUNDATION fund recently?
In 2022, ILLINOIS TOOL WORKS FOUNDATION awarded grants to about 100 grantees. Recent grantees include UNITED WAY OF METROPOLITAN CHICAGO INC, THE BLACKBAUD GIVING FUND, and SCHOLARSHIP AMERICA INC. More detailed information on all recent recipients is available to registered users.
How do we apply to ILLINOIS TOOL WORKS FOUNDATION?
You can find details on how to apply in the How to Apply section on this profile.