3C Community Profile: Humboldt Park
Take a stroll down the Paseo Boricua corridor on Division Street and it’s easy to see why Humboldt Park is one of Chicago’s most vibrant…
Grants
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Our Grantmaking Strategy
For more than 100 years, The Chicago Community Trust has convened, supported, funded, and accelerated the work of community members and changemakers committed to strengthening the Chicago region. From building up our civic infrastructure to spearheading our response to the Great Recession, the Trust has brought our community together to face pressing challenges and seize our greatest opportunities. Today, that means confronting the racial and ethnic wealth gap.
Explore Our Discretionary Grants
Showing 2991–2998 of 3874 results
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Grant Recipient
Woodstock Institute
Woodstock Institute is grateful for the long-standing, productive and evolving collaboration between us and the Chicago Community Trust. While our aims are similar, it is particularly refreshing to have a partner who is willing to join us in uncomfortable discussions, to share learned lessons regarding successes and failures, and to keep the door open to new ideas and approaches. This includes the high-level goal of closing the racial homeownership wealth gap, but also the underlying infrastructure that must be changed to achieve and sustain that goal. Within this framework, our focus for this project is to re-imagine, de-construct and advocate for a better mortgage lending and home buying process to achieve greater equity in homeownership outcomes for people of color and expand the breadth of responsive mortgage products that meet their needs. To this end, in 2021 Woodstock Institute initiated the Mortgage Access Initiative, the first phase of which culminated in 2022 with the following recommendations: • Create an equitable lending product (the details and parameters of which will be shared in the completed Phase 1 report); • Ensure Federal Housing Administration loans only go to borrowers ineligible for conforming loan products; and • Address loan officer compensation structure and optimize relationships with housing counselors. In 2023, we will work with property appraisal and real estate professionals to participate in discussions that will focus on reimagining the processes, policies and procedures associated with their professions to create better outcomes for Black and Latiné borrowers. Recommendations resulting from these roundtable discussions and stakeholder meetings, based on expert feedback and counsel, would be released in separate reports.
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Grant Recipient
About Face Theatre Collective
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Grant Recipient
Honey Pot Performance
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Grant Recipient
RefugeeOne
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Grant Recipient
PRECIOUS BLOOD MINISTRY OF RECONCILIATION NFP
The PBMR Career Preparation and Placement program is a comprehensive approach to providing workforce development, job coaching, job search and practical work experience for a diverse community with varying employment needs. Our program is trauma informed and specifically designed to support formerly incarcerated persons and youth and young adults who are justice involved or at risk of becoming justice involved.
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Grant Recipient
Ingalls Development Foundation
Marking our centennial anniversary at UChicago Medicine Ingalls Memorial, the Ingalls Development Foundation has funded an asset based development plan focused on a blighted, crumbling 12-block stretch of roadway (Wood St.) running through the heart of our hospital campus that is scheduled for a $90 Million state of IL DOT reconstruction beginning in 2023. 1 The findings and recommendations of that IDF study, focused on reducing inequities caused by generational poverty, crime, systemic racism, food insecurity, blight and dis-investment in a key South Suburban Community, are the basis of this request, respectfully submitted, for a $200,000 Catalyzing Neighborhood Investment planning grant from the Chicago Community Trust (CCT). 92% of the residents living in our anchor hospital Harvey community are minority. The poverty rate is 28%. Unemployment is double the Cook County average and violent crime rates are three times the national average.2 No single entity in Harvey, Cook County or the greater Southland Community can possibly address these inequities alone. The Wood Street Community Health Corridor Asset Based Community Development Plan is a starting point intended to convene a public, private and philanthropic collaborative around this work. However, it will require ongoing planning, engagement and sustained public, private and philanthropic investment to realize its potential. While primarily focused on the Wood Street Corridor in Harvey, we expect this Catalyzing Neighborhood community development plan to have a lasting, positive impact on our core service area of Thornton Township, consisting of 13 zip codes and 23 south suburban communities. The Wood Street Community Health Corridor Anchor Hospital Community Development Plan exists as a living document, serving as a guide for development along not only Wood Street, but also Thornton Township and the greater Chicago Southland. A national healthcare consulting firm, Health Management Associates (HMA), engaged numerous stakeholder groups to collect data including community health research, key advisor interviews, focus groups, collateral review and community listening sessions. Data collected from this outreach effort informed our Wood Street Community Health Corridor Asset Based Community Development Planning process that ultimately identified three key areas of focus and strategies that will provide the direction to advance this work in partnership with the Chicago Community Trust.3 Our steering committee of stakeholders, including elected officials, hospital leaders, and community representatives including the Southland Development Authority (SDA), reviewed data and prioritized emerging themes from which the CCT Grant will help fund an implementation model for the Wood Street Community Health Corridor. Our intention is to contract for additional consulting services to further engage this stakeholder group in prioritizing the key focus areas to help determine the appropriate entities who will have oversight and implementation responsibilities. Phase I of the Wood Street Community Health Corridor Community Development plan established a baseline level of data and trust from which key areas of focus and potential strategies were identified. In Phase II we are respectfully requesting Chicago Community Trust to help fund a strategy of implementation that could include development opportunities such as workforce, senior and affordable housing, a research center, expanded clinical programs, greenspace, blight removal and commercial development. Our Phase II work will build upon our current model of place based planning to specifically focus on asset based development, finance and innovation. As we mark our centennial anniversary in 2023, we honor the legacy of industrialist Frederick Ingalls whose philanthropy and vision established his namesake hospital in Harvey. As an anchor institution in Harvey, UCM Ingalls provides vital services to the community as well as serves as an economic driver. When UCM Ingalls thrives, so does Harvey. With your help, we are returning to our philanthropic roots to chart a new course for Ingalls that secures the future of this hospital and builds a national development model that benefits not only Harvey residents but also the greater Southland community for the next 100 years! References: 1. https://www.illinois.gov/news/press-release.25409.html 2. www.bestplaces.net/crime/city/illinois/harvey) 3. Ingalls Wood Street Community Health Corridor Final Report 4. issuu.com/communitybenefit-ucm/docs/ucm-ingalls-sip-2023-2025
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Grant Recipient
North Suburban Legal Aid Clinic
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Grant Recipient
Allies for Community Business
A4CB intends to offer revenue-based financing to diverse Cook County entrepreneurs with high growth potential. We will leverage a $1M loan loss reserve grant from the Trust with $5M of loan capital. This loan loss reserve grant is crucial to our ability to offer this financing in an economically prudent manner. Within the first year after receiving the loan loss reserve grant, we intend to lend $5M to approximately 40 businesses (assuming $125K per loan) with a maximum repayment term of five years. We will provide intensive business coaching to these entrepreneurs throughout the five-year repayment period and beyond. If each business grows to four employees on average (in addition to the founder) after putting this growth capital to use, we expect to directly impact the lives of at least 200 people who would earn at least $30M in wages over five years. In addition, all funds successfully repaid will be relent to additional diverse entrepreneurs in Cook County, which means that an ever-growing number of people will be directly impacted for years until the $1M reserve has been exhausted by charge offs at some point in the distant future. We believe that this offering will help entrepreneurs achieve three objectives: reach whatever goals the entrepreneurs establish for themselves at the time of borrowing, create new wealth in the form of increased profits retained and wages paid, and create new jobs. If we succeed, this model could be expanded to a far greater number of diverse entrepreneurs in Cook County and could be shared with peers who wish to provide similarly structured growth capital nationwide.