Glenview Park Foundation Inc
- Assets
- $193.4k
- Revenue
- $80.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 01/2002
- Data as of
- 12/2021
- EIN
- 31-1814879
Organization Overview
Glenview Park Foundation Inc is located in Glenview, IL. The organization was established in 2002. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glenview Park 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 12/2021, Glenview Park Foundation Inc generated $80.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $92.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Glenview Park Foundation Inc has awarded 26 individual grants totaling $510,516. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GLENVIEW PARK FOUNDATION WAS CREATED TO BENEFIT THE PUBLIC BY PROVIDING FINANCIAL ASSISTANCE TO ENHANCE THE PARKS, MUSEUMS, PROGRAMS, AND RECREATIONAL OPPORTUNITIES EXTENDED BY THE GLENVIEW PARK DISTRICT (A GOVERNMENT ENTITY)
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS IS PART OF A MULTI-YEAR GRANT TO THE GLENVIEW PARK DISTRICT FOR AN ART SCULPTURE IN THE LOBBY OF THE NEWLY RENOVATED AND EXPANDED GLENVIEW COMMUNITY ICE CENTER.
THIS IS A DIRECT PAYMENT TO THE VENDOR, A. GONZALEZ INC, FOR PLANTINGS AND MAINTENANCE AT THE ARBORETUM.
THE GLENVIEW PARK DISTRICT HAS A SCHOLARSHIP FUND TO ASSIST LOW-INCOME FAMILIES WITH CHILDREN TO ATTEND PARK DISTRICT PROGRAMS. WITH THE COVID-19 PANDEMIC AND RELATED LOSSES OF INCOME, THERE WAS A GREATER NEED FOR INVENTIVE PROGRAMS AND FINANCIAL SUPPORT FOR THE COMMUNITY. THE FOUNDATION WAS ABLE TO GRANT THE PARK DISTRICT 43,984 IN 2021.
VARIOUS DONATIONS TO OUTSIDE CHARITABLE ORGANIZATION, YOUTH SERVICES, AND 4TH OF JULY COMMITTEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Strey Vice Preside | OfficerTrustee | 0.2 | $0 |
Joe Sullivan Park Board R | OfficerTrustee | $0 | |
James Warnstedt Treasurer | OfficerTrustee | 3 | $0 |
Kevin Christell President | OfficerTrustee | 0.2 | $0 |
Karen Paszkiewicz Secretary | OfficerTrustee | 0.2 | $0 |
Omar Daghestani Past Preside | Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,057 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,057 |
| Total Program Service Revenue | $0 |
| Investment income | $54 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $25,410 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $80,846 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $88,334 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $866 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $806 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10 |
| Total functional expenses | $92,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $169,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,230 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $193,409 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $168,884 |
| Net assets with donor restrictions | $24,525 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $193,409 |
Grants Awarded
Over the last fiscal year, Glenview Park Foundation Inc has awarded $88,334 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GLENVIEW PARK DISTRICT PURPOSE: GPD LEISURESHIP | $43,984 |
GLENVIEW PARK DISTRICT PURPOSE: ICE ART SCULPTURE | $25,000 |
GLENVIEW PARK DISTRICT PURPOSE: MISCELLANEOUS | $10,350 |
A GONZALEZ INC PURPOSE: PLANTING AT THE ARBO | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Glenview Park Foundation Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Wadsworth Golf Charities Foundation Plainfield, IL PURPOSE: TO FURTHER THE FOUNDATION'S EXEMPT PURPOSES. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indianapolis Parks Foundation Inc Indianapolis, IN | $2,785,719 | $1,402,836 |
Hunt And Diane Harris Family Foundation Moline, IL | $0 | $164,820 |
Camp Nageela Midwest Inc Skokie, IL | $3,818,884 | $3,295,001 |
National Recreation Foundation Inc Lake Forest, IL | $54,011,615 | $7,763,187 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
Capital Access Corporation Louisville, KY | $1,120,026 | $636,362 |
Friends Of Big Marsh Chicago, IL | $158,301 | $422,082 |
St Louis National Charity Horse Show Defiance, MO | $108,222 | $561,071 |
Cope Environmental Center Inc Centerville, IN | $2,793,518 | $403,692 |
Warren County Y M C A Foundation Inc Monmouth, IL | $7,688,047 | $218,593 |
Campout For Kids Chicago, IL | $328,388 | $396,250 |
Pgalex Inc Lexington, KY | -$2,828 | $0 |