About Greater Southwest Development
We work in service of a multicultural, prosperous, and economically vibrant Southwest Chicago, rooted in social justice and racial equity. Together, we build generational, inclusive and sustainable wealth on Chicago’s Southwest Side.
Focus Areas
economic developmentsmall business support and advisinghousing counseling and foreclosure preventionaffordable senior housingreal estate developmentcommercial corridor revitalizationneighborhood services via SSAs
Who They Fund
Southwest Chicago neighborhood residentslocal small business ownerssenior residentslocal businesses and industries
About Greater Southwest Development
Greater Southwest Development Corp’s recent grants show a funder working through neighborhood organizations and local business intermediaries to strengthen Southwest Chicago’s commercial and community fabric. The largest grant in the data, $125,750 to Greater Englewood Community Development Corp, sits alongside other sizable awards to United Business Association of Midway and Midway Chamber of Commerce, signaling support for local entities that organize economic activity on the Southwest Side. The foundation’s mission statement centers on a multicultural, prosperous, and economically vibrant Southwest Chicago, with an emphasis on social justice, racial equity, and generational wealth building. The grant list also shows repeat support for the same organizations over time. Tgi Movement appears in both 2023 and 2024, and The Southwest Collective and Chicago Inventors Organization each received more than one award. That pattern suggests ongoing relationships rather than isolated transactions. The foundation’s active programs point to practical neighborhood work: property improvements through SSA rebate structures, housing counseling and foreclosure prevention, and assistance for small businesses navigating licensing, equipment, and corridor activation. Across the record, the funding profile is tightly local and tied to place-based development on Chicago’s Southwest Side.
What Greater Southwest Development Funds
One clear theme is neighborhood economic development through local intermediaries. Greater Southwest Development Corp awarded $46,800 to Target Area Development Corp and $36,976 to Midway Chamber of Commerce, both organizations that fit its focus on corridor activity and local business support. Small business assistance appears in multiple forms. The foundation gave $35,100 to Chicago Inventors Organization and $11,700 to the same group in 2024, while another $42,500 grant went to Chicago Inventors Organization in 2023. That mix points to support for business formation, advising, and entrepreneurship. Community development and commercial corridor work are also visible in grants to The Southwest Collective, including $45,824 in 2024. The foundation’s active programs reinforce that pattern through SSA rebate and direct vendor payment structures for façade work, awnings, security improvements, graffiti removal, and related property upgrades. Housing stability is part of the portfolio as well, with counseling and foreclosure prevention listed among the foundation’s operating programs.
Financial Snapshot
Annual Giving
$40K
Total Assets
$17.2M
Total Revenue
$3.4M
Total Expenses
$2.5M
Typical Grant Size
Most grants fall between $37K and $65K, with a median of $43K.
25th Percentile
$37K
Median
$43K
75th Percentile
$65K
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
ADRIAN SOTO
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