Blowitz-Ridgeway Foundation
- Assets
- $19.7m
- Revenue
- $523.5k
- Investments
- $19.2m
- Employees
- 0
- Location
- Schaumburg, IL
- Founding
- 09/1965
- Data as of
- 09/2022
- EIN
- 36-2488355
Organization Overview
Blowitz-Ridgeway Foundation is located in Schaumburg, IL. The organization was established in 1965. 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. Blowitz-Ridgeway 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 09/2022, Blowitz-Ridgeway Foundation generated $523.5k 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 (25.2%) each year. All expenses for the organization totaled $1.6m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Blowitz-Ridgeway Foundation has awarded 159 individual grants totaling $2,097,350. 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 |
|---|---|---|---|
Serena Moy Executive Director | 40 | $110,151 | |
Rebekah Azar Rashidfarokhi Trustee | 4 | $10,200 | |
Edward Jacob Trustee | 4 | $10,200 | |
Jennifer Arwade Trustee | 4 | $8,400 | |
Sandra Swantek MD President | 4 | $7,200 | |
Esther Nieves Secretary | 4 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,659 |
| Dividends & Interest | $453,682 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20,480 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,614 |
| Total Revenue | $523,475 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $164,751 |
| Other employee salaries and wages | $66,450 |
| Pension plans, employee benefits | $43,350 |
| Interest | $0 |
| Taxes | $17,853 |
| Depreciation | $2,230 |
| Occupancy | $15,933 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $76,232 |
| Total operating and administrative expenses | $502,311 |
| Contributions, gifts, grants paid | $1,049,150 |
| Total expenses and disbursements | $1,551,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,353 |
| 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 | $295,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,745 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,363,022 |
| Net Land, buildings, and equipment | $2,547 |
| Other assets | $82,059 |
| Total assets | $19,742,479 |
| Accounts payable and accrued expenses | $3,923 |
| 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 | $3,923 |
Grants Awarded
Over the last fiscal year, Blowitz-Ridgeway Foundation has awarded $1,049,150 in support to 79 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH SUBURBAN PADS PURPOSE: FOR GENERAL OPERATING SUPPORT. PROGRAMS & SERVICES INCLUDE PREVENTION (EMERGENCY FUNDS), STREET OUTREACH, EMERGENCY SHELTER, RAPID REHOUSING, PERMANENT SUPPORTIVE HOUSING, AND SUPPORTIVE SERVICES FOR HOMELESS INDIVIDUALS/FAMILIES IN SOUTH SUBURBAN COOK. | $20,000 |
Chicago, IL PURPOSE: FOR GENERAL OPERATING SUPPORT. CAWC'S COMPREHENSIVE DOMESTIC VIOLENCE SERVICES INCLUDE CRISIS INTERVENTION, SHELTER, SAFETY PLANNING/ASSESSMENT, LEGAL AND MEDICAL ADVOCACY, INDIVIDUAL AND GROUP COUNSELING FOR SURVIVORS OF DOMESTIC VIOLENCE IN CHICAGO. | $20,000 |
ALL CHICAGO MAKING HOMELESSNESS HISTORY (FORMERLY EMERGENCY FUND) PURPOSE: FOR THE ALL CHICAGO EMERGENCY FUND FOR AGENCIES. FUNDS COULD BE USED TOWARDS, FOR EXAMPLE, MENTAL HEALTH COUNSELING, HIRING STAFF, TRANSPORTATION, TECHNOLOGY, OR COVER EXPENSES RELATED TO THE PANDEMIC THAT IS NOT COVERED BY GRANTS. | $20,000 |
FRANCISCAN OUTREACH ASSOCIATION PURPOSE: FOR GENERAL OPERATING SUPPORT OF ITS PROGRAMS AND SERVICES, WHICH INCLUDE EMERGENCY SHELTERS, TRANSITIONAL HOUSING PROGRAM (STREETS TO HOME INITIATIVE/INTERIM HOUSING), CASE MANAGEMENT, FINANCIAL ASSISTANCE FUND, MEALS, ACCESS TO HEALTH CARE, AND MORE. | $20,000 |
CENTER ON HALSTED (FORMERLY HORIZONS COMMUNITY SERVICES) PURPOSE: FOR THE BEHAVIORAL HEALTH SERVICES, WHICH PROVIDES LGBTQ+ COMMUNITY WITH COMPREHENSIVE BILINGUAL (ENGLISH/SPANISH) THERAPEUTIC SHORT-TERM AND LONG-TERM INDIVIDUAL, GROUP FAMILY AND RELATIONSHIP THERAPIES, AND CRISIS SUPPORT IN CHICAGO. | $20,000 |
Chicago, IL PURPOSE: FOR GENERAL OPERATING SUPPORT. DEBORAH'S PLACE PROVIDES HOUSING AND COMPREHENSIVE SUPPORTIVE SERVICES TO CHRONICALLY HOMELESS WOMEN IN CHICAGO. FUNDING IS NEEDED TO HELP EXPAND PROGRAMS AND INCREASE THE NUMBER OF WOMEN SERVED. | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |