POLSKY FOUNDATION

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Reduce your risk when donating: see where the money actually goes.

Cite this

Plain text POLSKY FOUNDATION. furp.org, nonprofit organization profile, tax years 2011–2024. https://furp.org/org/polsky-foundation-651164639. Retrieved 2026-11-15.

APA furp.org. (n.d.). POLSKY FOUNDATION [Nonprofit organization profile; tax years 2011–2024]. Retrieved November 15, 2026, from https://furp.org/org/polsky-foundation-651164639

MLA “POLSKY FOUNDATION.” furp.org, tax years 2011–2024, https://furp.org/org/polsky-foundation-651164639. Accessed 15 Nov. 2026.

Retrieved 2026-11-15; covers tax years 2011–2024. Data: furp.org (index © the FURP Alliance; the records are public domain).

2024 · Form 990PF · revenue $3.3M ($3.4M in 2025 dollars) · expenses $8.2M · assets $63.5M

EIN
65-1164639
Address
ONE SOUTH WACKER DRIVE SUITE 1810, CHICAGO, IL 60606-4614
NTEE code
T20 Private Grantmaking Foundations (Philanthropy, Voluntarism and Grantmaking Foundations) published (IRS Business Master File)
Exempt type
501(c)(3): charitable, religious, educational, scientific or literary (corporation)
Ruling date
February 2003 (when the IRS recognized its exemption)
IRS status
Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations
Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
Foundation status
Private non-operating foundation
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

None of the 3 people listed on these returns reported compensation from the organization. They are listed below.

Officers and directors, no compensation reported

3 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

NameLatest titleYearsHrs/wk (latest)CompensationOrganizations
Michael Polsky PRESIDENT AND DIRECTOR2011-2024 0 $0 reported 2
Jonathan Taiber TREASURER AND DIRECTOR2011-2024 0 $0 reported 1
David Canmann SECRETARY AND DIRECTOR2011-2024 0 $0 reported 1

People by year

2024 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL P POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2023 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL P POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2022 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL P POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2021 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL P POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2020 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL P POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2017 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL P POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2016 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL P POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2012 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01
2011 · 3 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
MICHAEL POLSKY PRESIDENT AND DIRECTOR0 $0-$0 $02
JONATHAN TAIBER TREASURER AND DIRECTOR0 $0-$0 $01
DAVID CANMANN SECRETARY AND DIRECTOR0 $0-$0 $01

Highest-paid independent contractors

No independent contractors reported.

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 39 grants to organizations · $7.8M
2023 · 46 grants to organizations · $4.4M
2022 · 36 grants to organizations · $9.1M
2021 · 9 grants to organizations · $5.5M
2020 · 8 grants to organizations · $5.3M
2017 · 10 grants to organizations · $1.8M
2016 · 7 grants to organizations · $1.4M
2012 · 4 grants to organizations · $245K
2011 · 7 grants to organizations · $295K

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2023 · 1 contributor · $815K
#ContributorTypeCity, stateTotalNoncashSource
1 Michael P Polsky Person Chicago, IL $814,752$608,200 Form 990PF Sch. B, 2023 · filing
2022 · 1 contributor · $880K
#ContributorTypeCity, stateTotalNoncashSource
1 Michael P Polsky Person Chicago, IL $879,590$879,590 Form 990PF Sch. B, 2022 · filing
2021 · 1 contributor · $47.6M
#ContributorTypeCity, stateTotalNoncashSource
1 MICHAEL P POLSKY Person CHICAGO, IL $47,598,347$47,598,347 Form 990PF Sch. B, 2021 · filing
2020 · 1 contributor · $18.1M
#ContributorTypeCity, stateTotalNoncashSource
1 MICHAEL P POLSKY Person CHICAGO, IL $18,078,550- Form 990PF Sch. B, 2020 · filing
2016 · 1 contributor · $988K
#ContributorTypeCity, stateTotalNoncashSource
1 MICHAEL P POLSKY Person CHICAGO, IL $988,031$988,031 Form 990PF Sch. B, 2016 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$3,326,501$8,196,597 $63,458,565$63,020,039 $0- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$3,413,668$4,712,068 $62,785,818$62,711,779 $814,752- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$13,432,580$9,182,513 $68,739,918$68,730,592 $879,590- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$48,528,430$5,501,652 $64,677,458$64,674,747 $47,598,347- $0--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$16,629,255$5,379,344 $21,378,246$21,373,020 $18,078,550- $0--
2017 · Form 990PF period ending 2017-12-31 · view filing · original 990 ↗
$86,430$1,889,663 $7,762,506$7,762,506 $0- $0--
2016 · Form 990PF period ending 2016-12-31 · view filing · original 990 ↗
$1,270,987$1,363,164 $9,565,739$9,565,739 $988,031- $0--
2012 · Form 990PF period ending 2012-12-31 · view filing · original 990 ↗
$70,353$248,351 $195,526$195,526 -- $0--
2011 · Form 990PF period ending 2011-12-31 · view filing · original 990 ↗
$53,935$296,520 $373,524$373,524 -- $0--

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. NTEE: the IRS’s code when it lists one, otherwise FURP’s inferred code. Same state only · More (100)

OrganizationStateNTEELatest revenueLatest expensesTop-paid titleTop payWhy similar
GIES FOUNDATIONILT20 $3,078,538$2,134,500 Director / President$0 Same NTEE code T20, revenue within 2x, same state, similar name
WIEBOLDT FOUNDATIONILT20 $3,387,173$1,528,660 EXECUTIVE DIRECTOR$126,888 Same NTEE code T20, revenue within 2x, same state, similar name
GALLO FAMILY FOUNDATIONILT20 $3,277,211$566,932 TRUSTEE$0 Same NTEE code T20, revenue within 2x, same state
GLERUM FAMILY FOUNDATIONILT20 $3,106,515$443,328 PRESIDENT/DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state
WOHLERS FAMILY FOUNDATIONILT20 $3,380,381$2,222,286 EXECUTIVE DIRECTOR$69,000 Same NTEE code T20, revenue within 2x, same state
LKQ COMMUNITY FOUNDATIONILT20 $3,448,398$3,962,374 President$0 Same NTEE code T20, revenue within 2x, same state
MAKE IT BETTER FOUNDATIONILT20 $3,015,762$1,826,253 EXEC/PERSONAL ASST$90,328 Same NTEE code T20, revenue within 2x, same state
BISCO CHARITABLE FOUNDATIONILT20 $3,477,698$783,698 DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state
STEELE-REESE FOUNDATION- 561ILT20 $3,607,846$2,701,819 CO-TRUSTEE$223,683 Same NTEE code T20, revenue within 2x, same state
SCHLINGER CHRISMAN FOUNDATIONILT20 $3,091,181$2,888,703 TRUSTEE$0 Same NTEE code T20, revenue within 2x, same state
THE JAMES HUNTINGTON FOUNDATIONILT20 $3,108,484$23,456,555 TRUSTEE$0 Same NTEE code T20, revenue within 2x, same state
WILLIAM M YARBROUGH FOUNDATIONILT20 $2,991,119$824,279 CHIEF EXECUTIVE OFFICER$0 Same NTEE code T20, revenue within 2x, same state
MARK AND MARY ANN KAUFMAN FOUNDATIONILT20 $3,831,725$3,751,245 PRESIDENT & CEO$0 Same NTEE code T20, revenue within 2x, same state
ABSHER CHARITABLE FOUNDATION INCILT20 $2,945,264$2,388,988 EXECUTIVE DIRECTOR$69,141 Same NTEE code T20, revenue within 2x, same state
AHMAD FAMILY CHARITABLE FOUNDATIONILT20 $3,145,933$3,159,532 Secretary and Director$0 Same NTEE code T20, revenue within 2x, same state
CHARLES & M R SHAPIRO FOUNDATION INCILT20 $3,450,904$2,908,778 PRESIDENT AND DIRECTOR$200,000 Same NTEE code T20, revenue within 2x, same state
SMART FAMILY FOUNDATION OF ILLINOISILT20 $3,144,248$4,875,747 DIRECTOR AND PRESIDENT$100,000 Same NTEE code T20, revenue within 2x, same state
La Fondation Publicis IncILT20 $3,429,764$2,665 President$0 Same NTEE code T20, revenue within 2x, same state
W CLEMENT & JESSIE V STONE FOUNDATIONILT20 $3,556,780$6,903,300 EXECUTIVE DIRECTOR$346,807 Same NTEE code T20, revenue within 2x, same state
EUNICE AND JOSHUA J STONE FOUNDATIONILT20 $3,024,999$728,063 PRESIDENT$0 Same NTEE code T20, revenue within 2x, same state
ROBERT AND JEAN REID FAMILY FOUNDATIONILT20 $3,676,486$3,602,397 TRUSTEE$317,212 Same NTEE code T20, revenue within 2x, same state
ELEANOR SCHWARTZ CHARITABLE FOUNDATIONILT20 $3,259,831$2,542,104 TRUSTEE$338,887 Same NTEE code T20, revenue within 2x, same state
GEORGE J AND JANET REAM BAUER FOUNDATIONILT20 $3,389,992$194,524 President/Asst. Sec./Treasurer$0 Same NTEE code T20, revenue within 2x, same state
JOSEPH & GENE SWEDISH FAMILY FOUNDATION INCILT20 $3,497,205$2,909,598 DIRECTOR$0 Same NTEE code T20, revenue within 2x, same state
GEORGE M EISENBERG FOUNDATION FOR CHARITIESILT20 $3,103,608$4,592,102 TREASURER$103,500 Same NTEE code T20, revenue within 2x, same state

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

GrantorTotal givenGrantsOrganizations fundedTypeYearsWhich ones
THE SMART FAMILY FOUNDATION INC $52,370,8041 1Private foundation2016–2016 SMART FAMILY FOUNDATION OF ILLINOIS
FOURDOVES FOUNDATION $13,975,0005 1Private foundation2019–2024 TSADRA FOUNDATION
The Gale Foundation $3,040,2003 1Private foundation2025–2025 FREER FOUNDATION
GREATER HOUSTON COMMUNITY FOUNDATION $2,960,0001 1DAF sponsor2022–2022 RUPANI FOUNDATION
THE CHICAGO COMMUNITY TRUST $1,050,0004 1DAF sponsor2020–2024 WIEBOLDT FOUNDATION
THE@NORMAN AND EMMY LOU ILLGES FOUNDATION $823,00016 1Private foundation2012–2020 CS FOUNDATION INC
OGC CHARITABLE FOUNDATION $400,0004 1Private foundation2022–2025 HOOVER FOUNDATION
THE COMMUNITY FOUNDATION FOR GREATER ATLANTA INC $307,0006 1DAF sponsor2016–2024 NADA FOUNDATION
AMERICAN ONLINE GIVING FOUNDATION INC $159,6754 1DAF sponsor2019–2023 NADA FOUNDATION
LOZEN FOUNDATION INC $157,0002 1Private foundation2019–2020 WEEDEN FOUNDATION
CHANCE TO EXCEL $150,0002 1Private foundation2020–2021 ROCK FOUNDATION
NAAA WARREN YOUNG SR SCHOLASTIC FOUNDATION INC $100,0001 1Private foundation2023–2023 NADA FOUNDATION
HOUSTON ENDOWMENT INC $100,0001 1Private foundation2022–2022 RUPANI FOUNDATION
DONOR ADVISED CHARITABLE GIVING $75,0003 2DAF sponsor2019–2022 NADA FOUNDATION; RUPANI FOUNDATION
PENNSYLVANIA AUTOMOTIVE ASSOCIATION FOUNDATION $65,0004 1DAF sponsor2016–2024 NADA FOUNDATION

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990PF · $8,196,597 spent · pay $0 · grants $7,770,395 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $7,770,395 94.8%
Other expenses $321,321 3.9%
Taxes $47,377 0.6%
Fees: legal $36,258 0.4%
Fees: accounting $11,487 0.1%
Fees: other professional $9,759 0.1%
Total$8,196,597100%

View the filing

2023 · Form 990PF · $4,712,068 spent · pay $0 · grants $4,363,941 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $4,363,941 92.6%
Taxes $192,009 4.1%
Other expenses $97,025 2.1%
Fees: legal $24,238 0.5%
Fees: other professional $22,955 0.5%
Fees: accounting $11,900 0.3%
Total$4,712,068100%

View the filing

2022 · Form 990PF · $9,182,513 spent · pay $0 · grants $9,059,259 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $9,059,259 98.7%
Taxes $59,193 0.6%
Other expenses $42,521 0.5%
Fees: legal $20,421 0.2%
Fees: accounting $1,119 0.0%
Total$9,182,513100%

View the filing

2021 · Form 990PF · $5,501,652 spent · pay $0 · grants $5,475,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $5,475,000 99.5%
Fees: legal $9,101 0.2%
Taxes $6,709 0.1%
Other expenses $6,092 0.1%
Fees: accounting $4,750 0.1%
Total$5,501,652100%

View the filing

2020 · Form 990PF · $5,379,344 spent · pay $0 · grants $5,327,375 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $5,327,375 99.0%
Taxes $26,145 0.5%
Fees: accounting $10,200 0.2%
Other expenses $8,985 0.2%
Fees: other professional $6,250 0.1%
Fees: legal $389 0.0%
Total$5,379,344100%

View the filing

2017 · Form 990PF · $1,889,663 spent · pay $0 · grants $1,847,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $1,847,000 97.7%
Fees: other professional $17,227 0.9%
Fees: legal $10,501 0.6%
Taxes $5,920 0.3%
Interest $5,298 0.3%
Other expenses $2,117 0.1%
Fees: accounting $1,600 0.1%
Total$1,889,663100%

View the filing

2016 · Form 990PF · $1,363,164 spent · pay $0 · grants $1,353,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $1,353,000 99.3%
Other expenses $9,199 0.7%
Fees: other professional $850 0.1%
Taxes $115 0.0%
Total$1,363,164100%

View the filing

2012 · Form 990PF · $248,351 spent · pay $0 · grants $245,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $245,000 98.7%
Fees: accounting $1,956 0.8%
Fees: other professional $770 0.3%
Taxes $567 0.2%
Other expenses $58 0.0%
Total$248,351100%

View the filing

2011 · Form 990PF · $296,520 spent · pay $0 · grants $295,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $295,000 99.5%
Fees: accounting $1,379 0.5%
Taxes $117 0.0%
Other expenses $24 0.0%
Total$296,520100%

View the filing

In the news

7 news articles name this organization (July 2019 to May 2026); the latest 7:

News article metadata and links: The GDELT Project (https://www.gdeltproject.org/). Matched by: Exact name match: "polsky foundation". A shared name is not proof of the same organization; how the matching works. Most in the news.

Others with the same interests

NTEE code Private Grantmaking Foundations, IL first:

More with this interest.

Interests: Private Grantmaking Foundations · Philanthropy

The area Census

Cook CountyChicago cityCensus Tract 8391

County outline, the place (blue), the tract (orange) and the ZIP center (dot).

In Census Tract 8391, Cook County, Illinois, place (city or town) Chicago, IL, county Cook County, IL, state Illinois; placed by its ZIP code (county and tract) and city name (place). The tract is the tract holding most of the record's ZIP code (FURP does not geocode street addresses).

  • Revenue of $3,326,501 is $1 per resident of Chicago, IL (population 2,711,226).
  • That revenue equals 0.00% of all household income in Chicago, IL (1,160,205 households at the median $77,902, about $90,382,289,910).
MeasureCensus tract
Census Tract 8391, Cook County, Illinois
Place (city or town)
Chicago, IL
County
Cook County, IL
State
Illinois
Population B010038,3552,711,2265,182,09012,694,798
Population, 2020 census P18,2342,746,3885,275,54112,812,508
Median age B0100229.735.838.039.0
Under 18 B010014.8%19.4%21.1%21.8%
65 and over B010013.5%13.8%16.0%17.0%
Households B110014,7991,160,2052,100,2305,036,449
Foreign born B0500234.5%20.9%21.7%14.7%
Median household income B19013$132,361$77,902$83,498$83,390
Median family income B19113$188,216$95,774$104,836$106,018
Per capita income B19301$116,544$50,086$49,329$46,406
Poverty rate B170019.0%16.8%13.5%11.8%
Unemployment rate B230252.9%8.0%7.0%5.8%
Civilian labor force B230256,2001,517,3302,792,8886,652,134
Mean commute (minutes) B0801322.033.131.527.8
Bachelor's degree or higher B1500380.6%44.3%42.7%37.8%
Housing units B250015,5441,277,0542,276,4935,457,452
Owner-occupied B2500323.4%46.0%57.7%67.1%
Renters B2500376.6%54.0%42.3%32.9%
Median home value B25077$423,300$334,100$324,500$263,300
Median gross rent B25064$2,481$1,440$1,435$1,274
White, not Hispanic B0300244.2%32.1%40.1%58.1%
Black B030029.4%27.4%21.8%13.3%
Hispanic or Latino B0300216.3%29.7%26.8%18.8%
Asian B0300227.9%7.2%7.9%5.9%
American Indian and Alaska Native B030020.3%0.1%0.1%0.1%

Economy now FRED unemployment 4.6% in Sep 2026 (4.5% a year earlier); per capita personal income $78,987 in 2025, up 28% in five years (+3.1% after inflation); Unemployment rate: 5.7% in Sep 2016 to 4.6% in Sep 2026; low 3.6%, high 18.3% the state; Source: FRED, Federal Reserve Bank of St. Louis.

Data: IPUMS NHGIS (ACS 2020-2024 and the 2020 census); each figure links to its table for that area at data.census.gov. Records are placed by ZIP code and city name, not street address. More: everything FURP has in Census Tract 8391, Cook County, Illinois.

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