The Joyce Foundation is a non-operating private foundation based in Chicago, Illinois. As of 2021, it had assets of approximately $1.1 billion and distributes $50 million in grants per year and primarily funds organizations in the Great Lakes region. Former U.S. President Barack Obama served on the foundation's board of directors from 1994 through 2002. The Joyce Foundation is notable for its support of gun control measures. The Joyce Foundation was established in 1948 by Beatrice Joyce Kean of Chicago. She was the sole heir of David Joyce, a lumber executive and industrialist from Clinton, Iowa. The family wealth came from the lumber industry, including family-owned timberlands, plywood and saw mills, and wholesale and retail building material distribution facilities located in the Midwest, Louisiana, and Texas. The Foundation was modestly endowed until Kean's death in 1972, when she bequeathed it nearly $100 million. More information...
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