Edward E Ford Foundation Mfgr
- Assets
- $62.5m
- Revenue
- $4.9m
- Investments
- $62.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/1959
- Data as of
- 09/2023
- EIN
- 13-6047243
Organization Overview
Edward E Ford Foundation Mfgr is located in Chicago, IL. The organization was established in 1959. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward E Ford Foundation Mfgr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Edward E Ford Foundation Mfgr generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $3.2m during the year ending 09/2023. While expenses have increased by 0.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edward E Ford Foundation Mfgr has awarded 90 individual grants totaling $9,727,263. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gulla Executive Director | 40 | $390,763 | |
Name Not Listed Trustee | 15 | $349,432 | |
Miss Gillian Attfield Advisory Committee | 5 | $0 | |
Ms Gillian R Christensen Advisory Committee | 5 | $0 | |
Mr Robert W Hallett Advisory Committee | 5 | $0 | |
Elizabeth Duffy Advisory Committee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,727,218 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,181,294 |
| Capital Gain Net Income | $3,181,294 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,908,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $740,195 |
| Other employee salaries and wages | $109,166 |
| Pension plans, employee benefits | $82,474 |
| Interest | $0 |
| Taxes | $146,531 |
| Depreciation | $0 |
| Occupancy | $53,714 |
| Travel, conferences, and meetings | $54,517 |
| Printing and publications | $0 |
| Other expenses | $95,255 |
| Total operating and administrative expenses | $1,343,142 |
| Contributions, gifts, grants paid | $1,852,398 |
| Total expenses and disbursements | $3,195,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,458 |
| Savings and temporary cash investments | $363,823 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $62,543,304 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Edward E Ford Foundation Mfgr has awarded $1,852,398 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWEST ASSOCIATION OF PURPOSE: GENERAL | $70,000 |
SADDLE RIVER DAY SCHOOL PURPOSE: GENERAL | $100,000 |
LAKE RIDGE ACADEMY PURPOSE: GENERAL | $50,000 |
LAUREL SCHOOL PURPOSE: GENERAL | $8,500 |
GREENSBORO DAY SCHOOL PURPOSE: GENERAL | $100,000 |
THE GREGORY SCHOOL PURPOSE: GENERAL | $50,000 |