Helen Brach Foundation
- Assets
- $118.5m
- Revenue
- $6.6m
- Investments
- $111.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1974
- Data as of
- 03/2022
- EIN
- 23-7376427
Organization Overview
Helen Brach Foundation is located in Chicago, IL. The organization was established in 1974. 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. Helen Brach 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 03/2022, Helen Brach Foundation generated $6.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $8.0m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Helen Brach Foundation has awarded 1,165 individual grants totaling $10,978,836. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Matthew Simon Member | 4 | $50,000 | |
Joseph J Griseta Associate Director | 40 | $127,500 | |
Daniel Simon Administrator | 40 | $82,500 | |
Lynn M Griseta Administrative Assis | 40 | $55,000 | |
Raymond F Simon Chairman | 10 | $50,000 | |
Mark T Simon Member | 4 | $50,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Northern Trust Company | 3/30/22 | $60,976 |
Rickard Schwartz | 3/30/22 | $80,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,534,234 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,015,578 |
| Capital Gain Net Income | $4,015,578 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,662 |
| Total Revenue | $6,552,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $702,500 |
| Other employee salaries and wages | $137,500 |
| Pension plans, employee benefits | $245,724 |
| Interest | $0 |
| Taxes | $50,015 |
| Depreciation | $0 |
| Occupancy | $111,717 |
| Travel, conferences, and meetings | $83 |
| Printing and publications | $4,655 |
| Other expenses | $55,979 |
| Total operating and administrative expenses | $1,565,034 |
| Contributions, gifts, grants paid | $6,476,999 |
| Total expenses and disbursements | $8,042,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,314,588 |
| 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 | $29,470 |
| Total assets | $118,473,745 |
| 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, Helen Brach Foundation has awarded $6,476,999 in support to 602 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: TO PROVIDE SCHOLARSHIPS, LEADERSHIP DEVELOPMENT FOR SCHOOL LEADERS AND EDUCATORS AND ACADEMIC ENRICHMENT PROGRAMS | $110,000 |
NATURAL RESOURCES DEFENSE CNCL PURPOSE: SPECIAL GRANT | $100,000 |
BETHLEHEM UNIVERSITY FDN PURPOSE: SPECIAL GRANT | $100,000 |
MAGIS AMERICAS PURPOSE: SPECIAL GRANT | $100,000 |
CATHOLIC CHARITIES HOUMA- THIBODAUX PURPOSE: SPECIAL GRANT | $100,000 |
JESUIT REFUGEE SERVICE PURPOSE: SPECIAL GRANT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |