The Duchossois Family Foundation
- Assets
- $157.8m
- Revenue
- $2.2m
- Investments
- $140.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/1985
- Data as of
- 12/2022
- EIN
- 36-3327987
Organization Overview
The Duchossois Family Foundation is located in Chicago, IL. The organization was established in 1985. 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. Duchossois Family 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 12/2022, Duchossois Family Foundation generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $14.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Duchossois Family Foundation has awarded 318 individual grants totaling $41,487,462. 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 |
|---|---|---|---|
Craig J Duchossois Treasurer | 2 | $0 | |
Ashley D Joyce Chairperson | 25 | $0 | |
Janet J Duchossois Secretary | 0.25 | $0 | |
Ilaria Woodward Director | 0.25 | $0 | |
Mary Ann Roeser President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,763,254 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$559,126 |
| Capital Gain Net Income | $1,290,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,946 |
| Total Revenue | $2,212,274 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $192,228 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,628 |
| Total operating and administrative expenses | $578,713 |
| Contributions, gifts, grants paid | $13,844,750 |
| Total expenses and disbursements | $14,423,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,218,018 |
| 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 | $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 | $100,252,044 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $157,767,436 |
| 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 | $4,165 |
| Total liabilities | $4,165 |
Grants Awarded
Over the last fiscal year, The Duchossois Family Foundation has awarded $13,844,750 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER CHICAGO PURPOSE: ANNUAL GIFT - JASON MOSKOWITZ | $2,500 |
ADLER PLANETARIUM PURPOSE: GENERAL OPERATING | $5,000 |
ADVOCATE CHARITABLE FOUNDATION PURPOSE: GSH BARN DANCE 2022 SPONSORSHIP | $5,000 |
AFTER SCHOOL MATTERS PURPOSE: GENERAL OPERATING | $40,000 |
AMERICAN RED CROSS PURPOSE: GENERAL OPERATING | $30,000 |
ARTISTS SPACE INC PURPOSE: DONATION | $2,000 |