Charlton Family Charitable Foundation
- Assets
- $1.4m
- Revenue
- $70.7k
- Investments
- $968.3k
- Employees
- 0
- Location
- Kankakee, IL
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 20-8679550
Organization Overview
Charlton Family Charitable Foundation is located in Kankakee, IL. The organization was established in 2009. 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. Charlton Family 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 12/2022, Charlton Family Charitable Foundation generated $70.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $257.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charlton Family Charitable Foundation has awarded 72 individual grants totaling $2,997,483. 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 |
|---|---|---|---|
Bruce W Payne Trustee/dcm | 0 | $0 | |
J Dennis Marek Dcm | 0 | $0 | |
R Jeffrey Smith Dcm | 0 | $0 | |
Andy Maas Dcm | 0 | $0 | |
Ted Maas Dcm | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $460 |
| Dividends & Interest | $57,136 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,071 |
| Capital Gain Net Income | $327 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $70,667 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,215 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,115 |
| Total operating and administrative expenses | $16,482 |
| Contributions, gifts, grants paid | $241,264 |
| Total expenses and disbursements | $257,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,952 |
| Savings and temporary cash investments | $7,466 |
| 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 | $25,516 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $423,000 |
| Total assets | $1,402,735 |
| 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, Charlton Family Charitable Foundation has awarded $241,264 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KANKAKEE AREA YMCA PURPOSE: CHARITABLE - 501(C)(3) ORGANIZATION | $38,350 |
KANKAKEE COMMUNITY COLLEGE FOUNDATI PURPOSE: CHARITABLE - 501(C)(3) ORGANIZATION | $50,000 |
ASBURY U METHODIST CHRCH PURPOSE: CHARITABLE - 501(C)(3) ORGANIZATION | $86,014 |
TREE FOLKS PURPOSE: TREE PLANTING | $15,000 |
KANKAKEE COUNTY HISTORICAL SOCIETY PURPOSE: PRESERVATION OF KANKAKEE HISTORY | $1,900 |
RIVERSIDE HEALTH CARE FDN PURPOSE: CHARITABLE - 501(C)(3) ORGANIZATION | $50,000 |