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Organizations Education The Innovation Foundation Inc

The Innovation Foundation Inc

Fiscal year ending 2020. Filed on November 10, 2021.

1130 W Monroe
Chicago, Illinois 60607

The Innovation Foundation Inc (EIN: 80-0633175), also known as Chicago Ideas Week & Street Phil Society, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, The Innovation Foundation Inc, a 501(c)(3) charitable organization, reported compensation for 2 out of 17 total employees. Among the employees shown here, the average compensation is $122,885. The highest compensated employee at The Innovation Foundation Inc is Megan M McDonald Paulson with fiscal year 2020 compensation of $131,700.

Revenue, expenses, and employee compensation

Revenue

$787,864

Expenses

$1,630,435

Employee compensation

$891,466
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Megan M McDonald Paulson
Executive Director
$131,700
$131,700 No related compNo other comp
Sarah Ruth-Gillis
Managing Producer
$114,070
$114,070 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bradley A Keywell
Chair
Kim Keywell
Director
Nora Daley
Director
Scott Smith
Director

Mission Statement

THE INNOVATION FOUNDATION IS DOING BUSINESS AS THE STREET PHILOSOPHER SOCIETY, A PROGRAM ESTABLISHED TO IDENTIFY, HONOR, AND AMPLIFY MODERN PHILOSOPHERS WHOSE WISDOM IS ROOTED IN LIVED EXPERIENCE RATHER THAN ACADEMIC TRAINING. THE SOCIETY EXISTS TO RECOGNIZE THESE INDIVIDUALS THROUGH GRANTS/AWARDS AND TO PROMOTE PUBLIC ENGAGEMENT WITH THEIR IDEAS THROUGH MEDIA, EVENTS, AND COMMUNITY-BUILDING INITIATIVES.

Revisions to this organization profile

November 17, 2025:
2024 The Innovation Foundation Inc 990 filed
November 12, 2024:
2023 The Innovation Foundation Inc 990 filed
August 29, 2023:
2022 The Innovation Foundation Inc 990 filed

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