Leonard P Reaume Memorial Foundation
- Assets
- $2.2m
- Revenue
- $138.4k
- Investments
- $2.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/1987
- Data as of
- 12/2023
- EIN
- 36-3495865
Organization Overview
Leonard P Reaume Memorial Foundation is located in Chicago, IL. The organization was established in 1987. 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. Leonard P Reaume Memorial 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, Leonard P Reaume Memorial Foundation generated $138.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $120.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Leonard P Reaume Memorial Foundation has awarded 46 individual grants totaling $835,455. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | 1 | $0 | |
Name Not Listed Treasurer | 2 | $0 | |
Name Not Listed Vice Chair (thru 5/01/2023) Chair (beg 5/01/2023) | 2 | $0 | |
Name Not Listed Chair (thru 5/01/2023) | 2 | $0 | |
Name Not Listed Vice Chair (beg 5/01/2023) | 1 | $0 | |
Name Not Listed Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $69,241 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $69,182 |
| Capital Gain Net Income | $69,182 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $138,423 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,182 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $11,197 |
| Contributions, gifts, grants paid | $109,135 |
| Total expenses and disbursements | $120,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,127 |
| Savings and temporary cash investments | $27,804 |
| 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 | $0 |
| Total assets | $2,196,805 |
| Accounts payable and accrued expenses | $3,200 |
| 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 | $3,200 |
Grants Awarded
Over the last fiscal year, Leonard P Reaume Memorial Foundation has awarded $109,135 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CAMARA NACIONAL INMOBILIARIA DE BOLIVIA PURPOSE: TO PROVIDE SPECIALTY COURSES FOR THE PROFESSIONALISM AND REAL ESTATE CAREER DEVELOPMENT FOR CNIB MEMBERS. | $15,000 |
GHANA REAL ESTATE PROFESSIONALS ASSOCIATION PURPOSE: AFRICA REAL ESTATE CONFERENCE AND EXPO FOR BASIC AND ADVANCED COURSES | $15,000 |
CAMARA DE CORREDORES DE BIENES RAICES DE GUATEMALA PURPOSE: TO PROVIDE THE INTERNATIONAL CIPS CERTIFIED INTERNATIONAL PROPERTY SPECIALIST COURSE. | $13,135 |
REAL ESTATE BUSINESS OWNERS OF SOUTH AFRICA PURPOSE: FUNDING FOR THE CONTINUATION OF THE REBOSA BUSINESS LEADER PROGRAMME | $15,000 |
ACOP NATIONAL CHAMBER OF REAL ESTATE SERVICES CHILE (ACOP) PURPOSE: TO PROVIDE A VIRTUAL CLASSROOM FOR PROPERTY BROKERS. COURSES INCLUDE CIPS, ABR, ACOP PROPERTY BROKERAGE COURSE, AND ACOP PROPERTY APPRAISAL COURSE. | $15,500 |
NATIONAL ASSOCIATION OF THE REAL ESTATE OFFICES OF SLOVAKIA (NARKS) PURPOSE: FUNDING TO CREATE ANOTHER FORM OF BASIC REAL ESTATE EDUCATION. | $10,500 |