Barbara Ann Steel Charitable Foundation
- Assets
- $2.1m
- Revenue
- $669.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 07/2005
- Data as of
- 12/2023
- EIN
- 20-2928424
Organization Overview
Barbara Ann Steel Charitable Foundation is located in Deerfield, IL. The organization was established in 2005. 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. Barbara Ann Steel Charitable 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 12/2023, Barbara Ann Steel Charitable Foundation generated $669.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $649.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel M Friedman President, Secretary, Treasurer | 0 | $0 | |
Kenneth A Goldstein Ass't Secretary | 0 | $0 | |
Zachary P Hafner Vice President | 40 | $300,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $397,609 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,784 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $236,346 |
| Capital Gain Net Income | $236,346 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $669,739 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2 |
| Taxes | $18,711 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,184 |
| Printing and publications | $0 |
| Other expenses | $30,913 |
| Total operating and administrative expenses | $379,197 |
| Contributions, gifts, grants paid | $270,000 |
| Total expenses and disbursements | $649,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $424,690 |
| 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 | $0 |
| Total assets | $2,067,566 |
| 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 | $84 |
| Total liabilities | $84 |
Grants Awarded
Over the last fiscal year, Barbara Ann Steel Charitable Foundation has awarded $19,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DIABETES ASSOCIATION PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE RECIPIENT | $750 |
OCEAN CONSERVANCY PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE RECIPIENT | $250 |
WORLD WILDLIFE FUND PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE RECIPIENT | $500 |
NATIONAL PARKS CONVERSATION ASSN PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE RECIPIENT | $500 |
AMERICAN HEART ASSOCIATION PURPOSE: TO FURTHER THE EXEMPT PURPOSES OF THE RECIPIENT | $2,000 |
CHICAGO BOTANICAL GARDEN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE RECIPIENT | $250 |