Stairway Fund
- Assets
- $2.8m
- Revenue
- $428.0k
- Investments
- $2.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 30-0286949
Organization Overview
Stairway Fund is located in Chicago, IL. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Stairway 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 12/2022, Stairway Fund generated $428.0k 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 (13.6%) each year. All expenses for the organization totaled $990.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stairway Fund has awarded 154 individual grants totaling $1,597,074. 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 |
|---|---|---|---|
Audrey H Meyer Secretary / Director | 1 | $0 | |
Daniel H Meyer President / Director | 1 | $0 | |
Michael Mcquinn Vice President | 1 | $0 | |
Hallie Louise Meyer Director | 1 | $0 | |
Lauren K Macdonald Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $213,729 |
| Interest on Savings | $3,386 |
| Dividends & Interest | $50,647 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $79,960 |
| Capital Gain Net Income | $91,537 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,302 |
| Total Revenue | $428,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,034 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,127 |
| Total operating and administrative expenses | $101,816 |
| Contributions, gifts, grants paid | $888,931 |
| Total expenses and disbursements | $990,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $348,380 |
| 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 | $744,451 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,845,178 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $325,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $11,393 |
| Total liabilities | $336,393 |
Grants Awarded
Over the last fiscal year, Stairway Fund has awarded $682,681 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY IN ROME PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $5,000 |
BARROW STREET NURSERY SCHOOL (BSNS) PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $5,000 |
ARTS CONNECTION PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $2,500 |
BRONX OPERA COMPANY PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $500 |
BROOKLYN BOTANIC GARDEN PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $5,000 |
BROOKLYN MUSEUM PURPOSE: GENERAL OPERATING SUPPORT/ANNUAL GIFT | $5,000 |