Skidmore Owings And Merrill Foundation
- Assets
- $2.4m
- Revenue
- $167.2k
- Investments
- $2.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1978
- Data as of
- 08/2023
- EIN
- 36-2969068
Organization Overview
Skidmore Owings And Merrill Foundation is located in Chicago, IL. The organization was established in 1978. 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. Skidmore Owings And Merrill 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 08/2023, Skidmore Owings And Merrill Foundation generated $167.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $312.5k during the year ending 08/2023. While expenses have increased by 6.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Skidmore Owings And Merrill Foundation has awarded 106 individual grants totaling $981,440. 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 |
|---|---|---|---|
Mr Scott Duncan Co-Chairman | 0.1 | $0 | |
Mr Leo Chow Co-Chairman | 0.1 | $0 | |
Ms Laura Ettelman Treasurer | 0.1 | $0 | |
Mr Kent Jackson Secretary | 0.1 | $0 | |
Mr Brant Coletta Director | 0.1 | $0 | |
Mr Colin Koop Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,073 |
| Interest on Savings | $21 |
| Dividends & Interest | $87,460 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,023 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,644 |
| Total Revenue | $167,175 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $138,688 |
| Total operating and administrative expenses | $170,802 |
| Contributions, gifts, grants paid | $141,683 |
| Total expenses and disbursements | $312,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,313 |
| Savings and temporary cash investments | $251,962 |
| 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 | $562 |
| Total assets | $2,401,475 |
| 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 |
Grants Awarded
Over the last fiscal year, Skidmore Owings And Merrill Foundation has awarded $332,183 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
KAI BENJAMIN PAREL-SEWELL CO SKIDMO PURPOSE: SCHOLARSHIP AWARD | $10,000 |
BRIA MILLER CO SKIDMORE OWINGS MERR PURPOSE: SCHOLARSHIP AWARD | $10,000 |
TULANE SCHOOL OF ARCHITECTURE CO SKIDMORE OWINGS & MERRILL FOUNDATION PURPOSE: SCHOLARSHIP AWARD | $5,000 |
PENNSYLVANIA STATE UNIVERSITY CO SKIDMORE OWINGS & MERRILL FOUNDATION PURPOSE: RESEARCH | $35,000 |
CARNEGIE MELLON UNIVERSITY CO SKIDMORE OWINGS & MERRILL FOUNDATION PURPOSE: RESEARCH | $20,000 |
UNIVERSITE CATHOLIQUE DE LOUVAIN CO SKIDMORE OWINGS & MERRILL FOUNDATION PURPOSE: RESEARCH | $11,183 |