Coleman Foundation Inc is located in Chicago, IL. The organization was established in 1979. 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. Coleman 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 12/2023, Coleman Foundation Inc generated $20.5m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $11.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Coleman Foundation Inc has awarded 1,015 individual grants totaling $56,825,829. 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 |
---|---|---|---|
Shelley A Davis President | 50 | $277,474 | |
Thomas D Trinley Cfo/coo | 45 | $237,001 | |
R Michael Furlong Director | 6 | $47,750 | |
Patricia K Yuzawa-Rubin Director | 6 | $38,750 | |
Laura A Lane Director | 6 | $32,000 | |
Alison Fitzgerald Director | 6 | $32,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wcm Investment Management | 12/30/23 | $171,369 |
Wasmer Schroeder & Company | 12/30/23 | $74,609 |
Vanguard | 12/30/23 | $69,403 |
C3 Legal | 12/30/23 | $67,285 |
Pinnacle Associates Ltd | 12/30/23 | $61,203 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $4,133,498 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $16,457,765 |
Capital Gain Net Income | $16,379,146 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$57,340 |
Total Revenue | $20,533,923 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $728,975 |
Other employee salaries and wages | $323,916 |
Pension plans, employee benefits | $301,570 |
Interest | $0 |
Taxes | $312,282 |
Depreciation | $55,930 |
Occupancy | $123,208 |
Travel, conferences, and meetings | $11,384 |
Printing and publications | $0 |
Other expenses | $210,717 |
Total operating and administrative expenses | $2,695,686 |
Contributions, gifts, grants paid | $9,116,544 |
Total expenses and disbursements | $11,812,230 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,994,064 |
Savings and temporary cash investments | $413,476 |
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 | $33,019 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $9,535,049 |
Net Land, buildings, and equipment | $114,100 |
Other assets | $94,292 |
Total assets | $174,975,741 |
Accounts payable and accrued expenses | $122,395 |
Grants payable | $2,035,500 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $327,540 |
Total liabilities | $2,485,435 |
Over the last fiscal year, Coleman Foundation Inc has awarded $9,904,902 in support to 238 organizations.
Grant Recipient | Amount |
---|---|
ALLIES FOR COMMUNITY BUSINESS PURPOSE: GENERAL OPERATING SUPPORT - ENTREPRENEURSHIP | $100,000 |
ALLIES FOR COMMUNITY BUSINESS PURPOSE: GENERAL OPERATING SUPPORT - ENTREPRENEURSHIP | $2,500 |
CHICAGO HORTICULTURAL SOCIETY PURPOSE: GENERAL OPERATING SUPPORT - ENTREPRENEURSHIP | $75,000 |
CHICAGO URBAN LEAGUE PURPOSE: GENERAL OPERATING SUPPORT - ENTREPRENEURSHIP | $12,500 |
CHICAGO URBAN LEAGUE PURPOSE: GENERAL OPERATING SUPPORT - ENTREPRENEURSHIP | $125,000 |
FAR SOUTH COMMUNITY DEVELOPMENT CORPORATION PURPOSE: GENERAL OPERATING SUPPORT - ENTREPRENEURSHIP | $100,000 |