OVERVIEW: The Gies Foundation’s grantmaking includes support of educational and health causes.
IP TAKE: The foundation keeps a low public profile, which limits information available on its grantmaking priorities and activities.
FUNDING AREAS: education & youth, health
PROFILE: Founded in 2005, the Gies Foundation was established by Madison Industries CEO Larry Gies and his wife Beth. Larry Gies founded what became Madison Industries in 1994, which is now regarded as one of the largest and most successful privately held companies in the world. While the foundation is not transparent preferring to not maintain a public presence or website, tax filings suggest that the Gies Foundation’s grantmaking invests in education and health causes.
The foundation does not maintain dedicated education or health programs preferring to fund them more broadly. Larry and Beth Gies recently gave a $150 million gift to his alma mater University of Illinois to focus on expanding the business school's programming and scholarships. The Gies Foundation was also instrumental in establishing the Gies Campus of Chicago Jesuit Academy, a full scholarship school for boys on Chicago's West Side.
In a recent year the foundation gave away around $1.1 million. Past grantees also include Huntington Disease Society, Glenwood School for Boys, Holy Trinity High School, Northwestern University (Gies has a degree from the school), Sarcoidosis Foundation, and Boys & Girls Club.
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The Gies Foundation
500 West Madison Street, Suite 3890
Chicago, IL 60661