Louis & Rose Klosk Fund Uw L Klost T-7002
- Assets
- $5.0m
- Revenue
- $358.6k
- Investments
- $4.9m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1971
- Data as of
- 12/2023
- EIN
- 13-6328994
Organization Overview
Louis & Rose Klosk Fund Uw L Klost T-7002 is located in Chicago, IL. The organization was established in 1971. 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. Louis & Rose Klosk Fund Uw L Klost T-7002 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, Louis & Rose Klosk Fund Uw L Klost T-7002 generated $358.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $474.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Louis & Rose Klosk Fund Uw L Klost T-7002 has awarded 170 individual grants totaling $1,888,000. 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 |
|---|---|---|---|
Name Not Listed Trustee | 2 | $75,261 | |
Dr Herbert L Cooper Co-Trustee | 2 | $4,655 | |
Dr Barry C Cooper Co-Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $181,013 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,582 |
| Capital Gain Net Income | $177,582 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $358,595 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,916 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,510 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $84,676 |
| Contributions, gifts, grants paid | $390,000 |
| Total expenses and disbursements | $474,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,157 |
| Savings and temporary cash investments | $98,457 |
| 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 | $302,589 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,989,464 |
| 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, Louis & Rose Klosk Fund Uw L Klost T-7002 has awarded $390,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
HILLEL AT STANDFORD PURPOSE: GENERAL OPERATING | $5,000 |
COLUMBIABARBARD HILLEL PURPOSE: GENERAL OPERATING | $2,000 |
TRUSTEES OF SMITH COLLEGE PURPOSE: GENERAL | $5,000 |
WILLIAMS COLLEGE PURPOSE: GENERAL | $5,000 |
TEMPLE BETH EI PURPOSE: GENERAL | $5,000 |
SID JACOBSON JEWISH COMMUNITY CENTER PURPOSE: GENERAL | $20,000 |