Francis J Van Bortel And Dorothy Greey Van Bortel Fund
- Assets
- $1.2m
- Revenue
- $55.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2009
- Data as of
- 06/2024
- EIN
- 26-3389342
Organization Overview
Francis J Van Bortel And Dorothy Greey Van Bortel Fund is located in Chicago, IL. The organization was established in 2009. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Francis J Van Bortel And Dorothy Greey Van Bortel Fund 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 06/2024, Francis J Van Bortel And Dorothy Greey Van Bortel Fund generated $55.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $91.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Francis J Van Bortel And Dorothy Greey Van Bortel Fund has awarded 42 individual grants totaling $368,327. 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 | $25,884 | |
Theodore J Vittoria Jr ESQ Co-Trustee | 1 | $8,312 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,591 |
| Capital Gain Net Income | $11,591 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,547 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,196 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,665 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $36,111 |
| Contributions, gifts, grants paid | $54,957 |
| Total expenses and disbursements | $91,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,067 |
| Savings and temporary cash investments | $20,041 |
| 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 | $68,699 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,212,802 |
| 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, Francis J Van Bortel And Dorothy Greey Van Bortel Fund has awarded $54,957 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CAYUGA MEDICAL CENTER PURPOSE: GENERAL | $7,851 |
CORNELL UNIVERSITY PURPOSE: GENERAL | $7,851 |
GREENWICH HOSPITAL PURPOSE: GENERAL | $7,851 |
RYE PRESBYTERIAN CHURCH PURPOSE: GENERAL | $7,851 |
UNIVERSITY OF CHICAGO PURPOSE: GENERAL | $7,851 |
WHITE PLAINS HOSPITAL MEDICAL PURPOSE: GENERAL | $7,851 |