Evanston Community Foundation Inc
- Assets
- $38.4m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 15
- Location
- Evanston, IL
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 36-3466802
Organization Overview
Evanston Community Foundation Inc is located in Evanston, IL. The organization was established in 1987. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Evanston Community Foundation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evanston Community 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 12/2021, Evanston Community Foundation Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 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 2014, Evanston Community Foundation Inc has awarded 442 individual grants totaling $12,987,355. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP REALIZE EVANSTON'S POTENTIAL TO THRIVE AS A VIBRANT, EQUITABLE, AND INCLUSIVE COMMUNITY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
THE FOUNDATION SUPPORTS AN EMPOWERED, ENGAGED COMMUNITY THAT COLLABORATES ACROSS SECTORS TO DEFINE PROBLEMS AND DEVELOP SOLUTIONS. THE COVID RESPONSE WORK SINCE 2020 DESCRIBED ABOVE WOULD NOT HAVE BEEN POSSIBLE WITHOUT UNPRECEDENTED WITHIN-SECTOR AND CROSS-SECTOR COLLABORATION AMONG NONPROFITS, THE CITY OF EVANSTON, COMMUNITY GROUPS, OUR SCHOOLS AND OUR BUSINESS COMMUNITY. ON AN ONGOING BASIS, THE FOUNDATION SERVES AS FISCAL SPONSOR FOR EVANSTON CRADLE TO CAREER, A COLLECTIVE IMPACT ORGANIZATION SUPPORTING COLLABORATION AMONG MORE THAN 40 CIVIC, EDUCATION, AND NONPROFIT ORGANIZATIONS WORKING TOGETHER WITH COMMUNITY MEMBERS TO IMPROVE THE FUTURE FOR ALL EVANSTON YOUTH.
THE FOUNDATION FOSTERS PRIVATE PHILANTHROPY AND BUILDS ENDOWED FUND TO SUSTAIN OUR COMMUNITY; IT ALSO ADMINISTERS DONOR-ADVISED AND OTHER NON-ENDOWED FUNDS TO BUILD AND DISTRIBUTE RESOURCES FOR MORE IMMEDIATE NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maricar Ramos Ec2c Executive Director | 40 | $111,332 | |
Jan Fischer Chief Financial Officer | Officer | 40 | $101,251 |
Joi Russell VP For Philanthropy And Commun | Officer | 40 | $98,325 |
Rebecca Cacayuran VP For Community Investment | Officer | 40 | $92,944 |
Sol Anderson President & CEO (start 6/21) | Officer | 40 | $84,849 |
Elspeth Revere Interim Pres & CEO (thru 6/21) | Officer | 40 | $56,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $550,000 |
| Membership dues | $0 |
| Fundraising events | $115,776 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,277,676 |
| Noncash contributions included in lines 1a–1f | $1,061,717 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,943,452 |
| Total Program Service Revenue | $26,255 |
| Investment income | $777,157 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $831,427 |
| Net Income from Fundraising Events | -$59,744 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,518,547 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,970,708 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $461,804 |
| Compensation of current officers, directors, key employees. | $101,918 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $447,096 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,417 |
| Payroll taxes | $46,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,609 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,865 |
| Advertising and promotion | $0 |
| Office expenses | $43,298 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $110,912 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,035 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,515 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,513,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,037 |
| Savings and temporary cash investments | $1,037,094 |
| Pledges and grants receivable | $166,695 |
| Accounts receivable, net | $77,733 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,025 |
| Net Land, buildings, and equipment | $9,505 |
| Investments—publicly traded securities | $36,856,969 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,360,058 |
| Accounts payable and accrued expenses | $90,100 |
| Grants payable | $199,725 |
| Deferred revenue | $15,450 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,914,221 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,125 |
| Total liabilities | $8,223,621 |
| Net assets without donor restrictions | $15,492,037 |
| Net assets with donor restrictions | $14,644,400 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $38,360,058 |
Grants Awarded
Over the last fiscal year, Evanston Community Foundation Inc has awarded $1,307,007 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
C&W MARKET AND ICE CREAM PARLOR PURPOSE: Basic Human Needs | $95,060 |
Evanston, IL PURPOSE: Early Childhood | $90,000 |
Evanston, IL PURPOSE: Basic Human Needs | $85,460 |
BOOKS & BREAKFAST PURPOSE: Early Childhood | $82,050 |
Evanston, IL PURPOSE: Operating support | $57,085 |
Evanston, IL PURPOSE: Mental Health | $55,000 |
Grants Recieved
Over the last fiscal year, we have identified 26 grants that Evanston Community Foundation Inc has recieved totaling $841,340.
| Awarding Organization | Amount |
|---|---|
United Way Of Metropolitan Chicago Inc Chicago, IL PURPOSE: PROGRAM SUPPORT | $528,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $143,385 |
American Endowment Foundation Hudson, OH PURPOSE: PHILANTHROPY | $36,000 |
Martha & Donald Farley Family Foundation Pennington, NJ PURPOSE: GENERAL OPEARTING | $26,000 |
Finnegan Family Foundation Chicago, IL PURPOSE: UNRESTRICTED | $25,000 |
The Lumpkin Family Foundation Mattoon, IL PURPOSE: CHARITABLE | $15,000 |
Endowment Analysis
| Beg. Balance | $19,988,450 |
| Earnings | $2,954,345 |
| Net Contributions | $142,017 |
| Other Expense | $910,662 |
| Ending Balance | $22,174,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
St Louis Community Foundation St Louis, MO | $112,098,850 | $20,148,169 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN | $181,936,459 | $11,602,152 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |