DONOR ADVISED FUNDS:
ACTIVE, GROWING AND MAKING AN IMPACT
1,574
DONOR ADVISED
FUNDS AT THE TRUST
20%
INCREASE IN DONOR ADVISED FUNDS BETWEEN FY 2017-2019
10,498
GRANTS FUNDED THIS YEAR FROM DONOR ADVISED FUNDS
56%
INCREASE IN GRANTS FUNDED FROM DONOR ADVISED FUNDS BETWEEN FY 2015-2019

PRIVATE FOUNDATIONS REQUIRE A 5% PAYOUT RATE
OUR AGGREGATE DONOR ADVISED FUND PAYOUT RATE: 18%
BEYOND CASH:
DIVERSE ASSETS AT WORK
Donors turned their philanthropy into impact with a range of non-cash assets

ARTWORK

REAL ESTATE +
VACATION PROPERTY

RETIREMENT
ASSETS

INTELLECTUAL
PROPERTY

BUSINESS
INTERESTS
(Privately held corporations,
LLCs, Limited partnerships)

PRE-IPO STOCK
A STRONG YEAR
IN FY 2019 THE TRUST AWARDED MORE THAN
$369 MILLION
IN TOTAL GRANT MAKING
FEATURED PROGRAMS

CHICAGO-AREA BUSINESSES OF COLOR PARTNERSHIP FUND
Small businesses help people build wealth while creating jobs and strengthening neighborhoods. However, in the Chicago region, African American and Latinx-owned businesses comprise just 8% of small businesses. In 2019, the Trust joined forces with three other local funders to address these barriers to success.

SOUTHLAND DEVELOPMENT AUTHORITY (SDA)
To help economic development thrive in Chicago’s south suburbs, SDA launched with support from Cook County, an investment from the Trust and additional philanthropic resources. The goal is to create a self-sustaining model that continues to catalyze major development projects that revitalize communities.

COMMUNITY ORGANIZING & FAMILY ISSUES (COFI)
Founded in 1995, COFI works to build leadership in African-American and Latino neighborhoods in the Chicago region. This unique community model allows residents of disenfranchised communities, recent immigrants, public housing residents, TANF recipients, and single parents to let their voices be heard.

GREATER CHICAGO FOOD DEPOSITORY
This united community effort works to bring food, dignity and hope to our Cook County neighbors. With a network of more than 700 food pantries, soup kitchens, shelters and other programs, food is provided where it is needed most while addressing the root causes of hunger.
DONOR HIGHLIGHTS
JOE PEDOTT Pays It Forward
Joe Pedott knows firsthand the life-changing difference philanthropy can make in a person’s trajectory. When Pedott found himself living on his own as a teenager, he worried that his lifelong goal of a college education was slipping beyond his reach.
Fortunately, the boy who would go on to become the advertising genius behind the Chia Pet and the Clapper found a lifeline in SGA Youth & Family Services. SGA is a Chicago nonprofit that provides scholarship and educational supports to kids like Pedott—smart, full of potential and lacking the access and means to pursue a college degree.
KIM KAMIN Creates Value in Connections
Born and raised in Chicago, Kim Kamin grew up seeing and hearing the Trust’s name all over the city in connection to the programs it funded. Later, as an estate planning attorney, she got the chance to know the Trust on a personal and professional level when she became one of the first members of the Young Professional Advisory Committee (YPAC).
The YPAC and PAC (Professional Advisory Committee) are made up of lawyers, financial advisors and other professionals who work closely with the Trust to learn more about the community and better address their clients’ philanthropic goals.
SEARLE FUNDS HIGHLIGHT
Artisan Grain Collaborative: A Food:Land:Opportunity Project
Illinois is known as a major producer of corn and soybeans for the world market. But if more grains like barley, wheat and oats were introduced into crop rotations, and farmed sustainably, it would increase farmers’ overall yield and mitigate climate change—not to mention create beneficial opportunities at home for Chicagoans to sell, cook with and eat locally grown, nutritious whole grains.
But what would it take to actually make all of this happen? That is what the Artisan Grain Collaborative (AGC) is working to solve.
DONOR HIGHLIGHTS
JOE PEDOTT PAYS IT FORWARD
Joe Pedott knows firsthand the life-changing difference philanthropy can make in a person’s trajectory. When Pedott found himself living on his own as a teenager, he worried that his lifelong goal of a college education was slipping beyond his reach.
Fortunately, the boy who would go on to become the advertising genius behind the Chia Pet and the Clapper found a lifeline in SGA Youth & Family Services. SGA is a Chicago nonprofit that provides scholarship and educational supports to kids like Pedott—smart, full of potential and lacking the access and means to pursue a college degree.
KIM KAMIN Creates Value in Connections
Born and raised in Chicago, Kim Kamin grew up seeing and hearing the Trust’s name all over the city in connection to the programs it funded. Later, as an estate planning attorney, she got the chance to know the Trust on a personal and professional level when she became one of the first members of the Young Professional Advisory Committee (YPAC).
The YPAC and PAC (Professional Advisory Committee) are made up of lawyers, financial advisors and other professionals who work closely with the Trust to learn more about the community and better address their clients’ philanthropic goals.
SEARLE FUNDS HIGHLIGHT
Artisan Grain Collaborative: A Food:Land:Opportunity Project
Illinois is known as a major producer of corn and soybeans for the world market. But if more grains like barley, wheat and oats were introduced into crop rotations, and farmed sustainably, it would increase farmers’ overall yield and mitigate climate change—not to mention create beneficial opportunities at home for Chicagoans to sell, cook with and eat locally grown, nutritious whole grains.
But what would it take to actually make all of this happen? That is what the Artisan Grain Collaborative (AGC) is working to solve.
THE TRUST FONDLY REMEMBERS OUR FRIENDS AND PARTNERS WHO HAVE RECENTLY PASSED
PHILIP W. K. SWEET, JR.
As chairman and CEO of Northern Trust, Philip Sweet oversaw the expansion of the bank’s footprint domestically and abroad. He was also a member of the Trustees Committee, kindling a relationship with the Trust that would last the rest of his life. Sweet was a regular contributor to the Trust’s Basic Human Needs Fund and a dedicated board member and chair of the Chicago Zoological Society, where he was instrumental in raising funds for capital projects.
DONALD F. GOLDSMITH
Donald Goldsmith founded D.F. Goldsmith Chemical & Metal Corporation in 1960, continuing a family tradition of refining precious metals. A Trust donor, Goldsmith believed deeply in giving back and supported a range of areas, from education to arts and culture to basic human needs to the Jewish community. He was a passionate contributor to the American Jewish Committee and the Jewish Children’s Bureau of Chicago and a former member of the Highland Park School Board.
JOSEPH C. AND KATHLEEN C. MADDEN
From 1964 until 2000, Joe Madden ran his auto dealership, Joe Madden Ford, in Downers Grove. Shortly after retiring, he and his wife, Kathleen Madden, created a donor advised fund at the Trust. Joe experienced mobility issues later in life and had a keen interest in making arts venues accessible for audiences with disabilities. To honor their parents’ legacy, the Maddens’ children are using the fund to support Joe and Kathleen’s favorite causes.
JOHN K. GREENE
Civic leader John Greene embodied commitment to his community. Greene’s career at William Blair & Company spanned 42 years, and he served multi-decade terms on several nonprofit boards. In honor of his enduring and enthusiastic service as a board member of the Chicago Botanic Garden for 54 years, Greene was awarded the 2018 Chicago Horticultural Society Medal. He and his wife Jean’s donor advised fund will be used to support education, land and animal preservation, horticulture and medical research.