Regenstein Foundation
- Assets
- $73.3m
- Revenue
- $2.5m
- Investments
- $60.3m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/1981
- Data as of
- 12/2023
- EIN
- 36-3152531
Organization Overview
Regenstein Foundation is located in Chicago, IL. The organization was established in 1981. 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. Regenstein 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 12/2023, Regenstein Foundation generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (31.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Regenstein Foundation has awarded 119 individual grants totaling $27,207,000. 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 |
|---|---|---|---|
Susan Regenstein Chairman And President | 10 | $0 | |
Joseph Regenstein III Secretary And Treasurer | 5 | $0 | |
Marshall Field V Director | 5 | $0 | |
F Oliver Nicklin Jr Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $144,174 |
| Dividends & Interest | $1,258,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,065,721 |
| Capital Gain Net Income | $1,065,721 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,573 |
| Total Revenue | $2,492,112 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $159,208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,840 |
| Printing and publications | $0 |
| Other expenses | $135,797 |
| Total operating and administrative expenses | $681,296 |
| Contributions, gifts, grants paid | $1,255,000 |
| Total expenses and disbursements | $1,936,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $802,969 |
| Savings and temporary cash investments | $11,964,960 |
| 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 | $112,343 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $54,257 |
| Total assets | $73,262,797 |
| Accounts payable and accrued expenses | $32,993 |
| Grants payable | $21,594,178 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $534,263 |
| Total liabilities | $22,161,434 |
Grants Awarded
Over the last fiscal year, Regenstein Foundation has awarded $7,055,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ANN & ROBERT H LURIE CHILDREN'S HOSPITAL PURPOSE: OPERATIONAL SUPPORT | $1,070,000 |
AMERICAN RED CROSS PURPOSE: OPERATIONAL SUPPORT | $15,000 |
CHICAGO BOTANIC GARDEN PURPOSE: OPERATIONAL SUPPORT | $860,000 |
GREATER CHICAGO FOOD DEPOSITORY PURPOSE: OPERATIONAL SUPPORT | $25,000 |
LINCOLN PARK ZOO PURPOSE: OPERATIONAL SUPPORT | $1,112,000 |
MILLENNIUM PARK FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $10,000 |