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The Illinois Tool Works Foundation (Illinois)

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    CFDA#

    None
     

    Funder Type

    Private Foundation

    IT Classification

    C - Funds little to no technology

    Authority

    Illinois Tool Works Foundation

    Summary

    The Illinois Tool Works Foundation will provide support for organizations within the following fields of interest:

    • Arts and culture
    • Basic and emergency aid
    • Botanical gardens
    • Charter school education
    • Christianity
    • Communication media
    • Community beautification
    • Diseases and conditions
    • Domesticated animals
    • Economics for youth
    • Education
    • Elementary and secondary education
    • Environment
    • Family services
    • Food aid
    • Food banks
    • Gardening
    • Health
    • Higher education
    • History museums
    • Hospice care
    • Human services
    • In-patient medical care
    • International development
    • Orchestral music
    • Performing arts
    • School-based health care
    • Science museums
    • Shelter and residential care
    • Special population support
    • STEM education
    • Theater
    • Youth development
    • Youth services

    Projects serving the following populations are of special interest:

    • Adolescents
    • Children and youth
    • Economically disadvantaged people
    • Low-income and poor people

    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.


    ITW Scholarships

    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.

     

    History of Funding

    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.


    Additional Information

    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:

    • Annual campaigns
    • Capital and infrastructure
    • Capital campaigns
    • Continuing support
    • General support
    • Program development
    • Regranting
    • Scholarships

    No support for political organizations or candidates or religious organizations,  or for endowments or research; no loans.

    Contacts

    MICHAEL LARSEN

    MICHAEL LARSEN
    155 Harlem Ave.
    Glenview, IL 60025-4075
    (847) 724-7500
    (847) 657-4505
     
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    Eligibility Details

    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.

    Deadline Details

    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:

    1. Detailed description of project and amount of funding requested
    2. Copy of IRS Determination Letter

    Award Details

    Awards vary based on scope and size of project. Awards are up to $50,000. Most awards are less than $5,000.

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