John Hart Foundation is located in Chicago, IL. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John Hart Foundation 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 12/2022, John Hart Foundation generated $417.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John Hart Foundation has awarded 477 individual grants totaling $7,733,374. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John H Hart Pres/treas/d | 0 | $0 | |
Carol Prins Vice Pres/ D | 0 | $0 | |
Ronald Schreiber Secretary/ D | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34,001 |
| Dividends & Interest | $279,222 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,044 |
| Capital Gain Net Income | $104,044 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $417,267 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,126 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $109,227 |
| Contributions, gifts, grants paid | $1,812,675 |
| Total expenses and disbursements | $1,921,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $458,161 |
| Net Accounts receivable | $5,200 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $3,865 |
| 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 | $0 |
| Total assets | $9,941,824 |
| Accounts payable and accrued expenses | $32 |
| 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 | $32 |
Over the last fiscal year, John Hart Foundation has awarded $1,812,675 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS LIVING PURPOSE: CHARITABLE | $2,500 |
ACLU FOUNDATION PURPOSE: CHARITABLE | $10,000 |
AMERICAN WRITER MUSEUM PURPOSE: CHARITABLE | $1,000 |
ART BEYOND SIGHT PURPOSE: CHARITABLE | $1,500 |
ARTS OF LIFE PURPOSE: CHARITABLE | $2,500 |
ASPEN SANTA FE BALLET PURPOSE: CHARITABLE CONTRIBUTION | $2,500 |