Lohengrin Foundation Inc
- Assets
- $24.4m
- Revenue
- $2.5m
- Investments
- $21.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1964
- Data as of
- 12/2023
- EIN
- 13-6141339
Organization Overview
Lohengrin Foundation Inc is located in Chicago, IL. The organization was established in 1964. 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. Lohengrin Foundation Inc 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 12/2023, Lohengrin Foundation Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $5.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Lohengrin Foundation Inc has awarded 185 individual grants totaling $14,012,442. 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 |
|---|---|---|---|
Peter M Ascoli President, Treasurer | 1 | $0 | |
Lucy Ascoli Secretary | 1 | $0 | |
Elizabeth Ascoli Vice President | 1 | $0 | |
Mark Rodriguez Executive Director | 40 | $232,095 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,211,293 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$187,180 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,524,113 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $232,095 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,423 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $5,403 |
| Travel, conferences, and meetings | $3,163 |
| Printing and publications | $0 |
| Other expenses | $10,833 |
| Total operating and administrative expenses | $373,178 |
| Contributions, gifts, grants paid | $4,973,454 |
| Total expenses and disbursements | $5,346,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,398,517 |
| Savings and temporary cash investments | $257,429 |
| 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 | $126,921 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $24,385,443 |
| 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, Lohengrin Foundation Inc has awarded $4,973,454 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH WORLD SERVICE PURPOSE: GENERAL FUND | $10,000 |
ARTS ALLIANCE ILLINOIS - EE DIRECTED PURPOSE: GENERAL FUND | $500 |
BOON PURPOSE: GENERAL FUND | $12,000 |
BRAVE SPACE ALLIANCE - EE DIRECTED PURPOSE: GENERAL FUND | $200 |
CAROLE ROBERTSON CENTER FOR LEARNING PURPOSE: GENERAL FUND | $31,000 |
CHANGING WORLDS PURPOSE: GENERAL FUND | $50,000 |