Polk Bros. Foundation’s significantly increased grantmaking will continue for a second yearPolk Bros. Foundation’s significantly increased grantmaking will continue for a second yearPolk Bros. Foundation’s significantly increased grantmaking will continue for a second yearPolk Bros. Foundation’s significantly increased grantmaking will continue for a second year
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August 18, 2021
Fireworks over Chicago

Polk Bros. Foundation’s significantly increased grantmaking will continue for a second year

During its August 2021 meeting, Polk Bros. Foundation’s Board of Directors approved a second year of significantly increased grantmaking to help Chicago continue to recover from the pandemic in a way that addresses persistent and significant racial inequities. The Board’s decision will add $8.5 million to the foundation’s FY22 grantmaking (representing a payout rate of nearly 8%), and brings the total of its increased grantmaking across both years to $17 million.

With a second year of increased grantmaking approved, the foundation anticipates its total FY22 grantmaking will be $33.5 million, a 34% increase over its regular grantmaking.

In FY21, the foundation awarded $8.23 million in increased grantmaking to support 26 efforts. These new, targeted investments are building economic growth, community wealth, housing stability, and community safety in south- and west-side communities, engaging CPS students in learning that is responsive to this moment and supports their academic growth, and tending to trauma and mental health. The funds are, importantly, also helping to increase the strength and sustainability of BIPOC-led organizations, and supporting grantees’ development of a racial equity lens in their work.

These areas of focus will continue to guide the Foundation’s increased FY22 grantmaking.

Explore our increased grantmaking for Chicago’s equitable recovery.

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About Polk Bros. Foundation

Polk Bros. Foundation is a private independent foundation dedicated to building and strengthening Chicago's families and communities, especially those most affected by poverty. The Foundation focuses its work at the intersection of Chicago's most pressing issues to address the complex roots and devastating effects of poverty, challenge inequity, and ensure that all Chicagoans have the opportunity to reach their full potential. Learn more.

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  • Roberto Herencia and Raymond Simon0
    Roberto Herencia joins our Board of Directors; Raymond F. Simon retires
    December 13, 2021
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    Polk Bros. Foundation welcomes Kayla Eldridge as executive assistant
    November 3, 2021

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Apply by 5/6 for the Pathways Initiative, a program to strengthen the diversity of the Chicago area evaluation field by increasing the recruitment + retention of culturally responsive + equity-focused evaluators of color.

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