The Dewan Foundation was established in January 2000 following the completion of the sale of STATS. Inc. , a sports information company founded by John and Susan Dewan in the 1980's. The foundation provides financial support and assistance to organizations that provide direct services to people in poverty. Faith-based organizations are a focus of grant making. Self-help projects that transform lives are a special interest. The foundation is interested in funding efforts with the potential to provide an improvement in service lasting beyond the period of support.

Grants will focus primarily on organizations operating programs and providing services within the Chicago metropolitan area, although efforts that address the needs of people in poverty overseas are also an interest.