The Illinois Tool Works Foundation will provide support for organizations within the following fields of interest:
Projects serving the following populations are of special interest:
Employee Matching Gifts
The foundation matches contributions made by full-time employees, retirees, and directors of ITW to nonprofit organizations on a three-for-one, up to $5,000 in donations for a total of $20,000 match per person.
Employee Volunteer Program
The foundation awards grants of up to $1,000 to nonprofit organizations with which employees of Illinois Tool Works volunteer.
The foundation awards scholarships to children of ITW employees for post-secondary education. The program is administered by the National Merit Scholarship Corporation and Scholarship America.
The Illinois Tool Works Foundation has given a total of $20,128,437 in grants in 2017. Recent awardees include: Misencordia Home, Chicago Zoological Society, Edward Foundation, New Schools for Chicago and Northwestern University.
The Illinois Tool Works Foundation was established in 1954 in Illinois. The foundation does not maintain a website. Please contact the foundation to verify eligibility prior to submission of a full application. Funds may be used for the following purposes:
No support for political organizations or candidates or religious organizations, or for endowments or research; no loans.
Giving primarily is limited to non profit organizations in Illinois with emphasis on Cook county. No grants to individuals (except for employee-related scholarships). Preference is given to organizations with an established relationship with an ITW employee or business unit.
Applications are accepted throughout the year. Board meetings occur in May and December. Initial approach should be by completing the online application. An application form is required. Applicants should submit the following:
Awards vary based on scope and size of project. Awards are up to $50,000. Most awards are less than $5,000.