Mansueto Foundation is located in Chicago, IL. The organization was established in 2010. 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. Mansueto 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, Mansueto Foundation generated $10.7m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $11.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mansueto Foundation has awarded 151 individual grants totaling $26,496,635. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph D Mansueto President | 1 | $0 | |
Rika Yoshida Vice-President | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bdt Capital Partners Fund 3 (Te) Lp | 12/30/22 | $400,817 |
Bank Of America | 12/30/22 | $180,661 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,999,585 |
| Interest on Savings | $11,582 |
| Dividends & Interest | $405,207 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,303,851 |
| Capital Gain Net Income | $9,495,432 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $29 |
| Total Revenue | $10,720,254 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $140,459 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $675,701 |
| Total operating and administrative expenses | $850,730 |
| Contributions, gifts, grants paid | $10,488,541 |
| Total expenses and disbursements | $11,339,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,174,766 |
| Savings and temporary cash investments | $0 |
| 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 | $21,236,048 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $42,808,570 |
| 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 |
Over the last fiscal year, Mansueto Foundation has awarded $10,488,541 in support to 59 organizations.
| Grant Recipient | Amount |
|---|---|
A WELL-FED WORLD PURPOSE: GENERAL SUPPORT | $6,382 |
AFTER SCHOOL MATTERS PURPOSE: GENERAL SUPPORT | $75,000 |
ART INSTITUTE OF CHICAGO PURPOSE: GENERAL SUPPORT | $150,000 |
AZIRA MICHAEL YOUTH FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
BETTER GOVERNMENT ASSOCIATION PURPOSE: GENERAL SUPPORT | $200,000 |
BY THE HAND CLUB FOR KIDS PURPOSE: GENERAL SUPPORT | $50,000 |