Strauss Family Foundation Inc
- Assets
- $928.7k
- Revenue
- $80.3k
- Investments
- $918.0k
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 04/2015
- Data as of
- 12/2022
- EIN
- 26-3839762
Organization Overview
Strauss Family Foundation Inc is located in Deerfield, IL. The organization was established in 2015. 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. Strauss Family Foundation Inc 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, Strauss Family Foundation Inc generated $80.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $103.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Strauss Family Foundation Inc has awarded 74 individual grants totaling $259,900. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Strauss President | 1 | $0 | |
Benjamin Rubin Treasurer | 1 | $0 | |
Jane Strauss Director | 1 | $0 | |
Mitchell D Pawlan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,834 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,430 |
| Capital Gain Net Income | $61,430 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $80,264 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $411 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $542 |
| Total operating and administrative expenses | $24,471 |
| Contributions, gifts, grants paid | $79,450 |
| Total expenses and disbursements | $103,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,641 |
| 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 | $928,663 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,316 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,316 |
Grants Awarded
Over the last fiscal year, Strauss Family Foundation Inc has awarded $79,450 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
BALLET ARIZONA PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
BRIARWOOD SCHOLARSHIP FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
A SAFE PLACE PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
CANCER WELLNESS CENTER PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
DESERT BOTANICAL GARDEN PURPOSE: GENERAL OPERATING SUPPORT | $500 |
FIRST TEE OF CHICAGO FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $500 |