Albert J And Susan E Rot Foundation
- Assets
- $122.2k
- Revenue
- $74.2k
- Investments
- $79.1k
- Employees
- 0
- Location
- Naperville, IL
- Founding
- 03/1990
- Data as of
- 12/2022
- EIN
- 36-3653679
Organization Overview
Albert J And Susan E Rot Foundation is located in Naperville, IL. The organization was established in 1990. 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. Albert J And Susan E Rot 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, Albert J And Susan E Rot Foundation generated $74.2k 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 (3.3%) each year. All expenses for the organization totaled $149.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Albert J And Susan E Rot Foundation has awarded 143 individual grants totaling $1,311,061. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SCHOLARSHIP GRANTS TO COVER TUITION AND BOOKS.
PROVIDE DIRECT CONTRIBUTION TO VARIOUS CHARITIES
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 |
|---|---|---|---|
Albert J Rot President | 5 | $0 | |
Susan E Rot Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,414 |
| Net Rental Income | $2,592 |
| Net Gain on Sale of Assets | $51,292 |
| Capital Gain Net Income | $51,292 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,189 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,655 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,875 |
| Total operating and administrative expenses | $21,929 |
| Contributions, gifts, grants paid | $127,943 |
| Total expenses and disbursements | $149,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,648 |
| 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 | $29,429 |
| Total assets | $122,173 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Albert J And Susan E Rot Foundation has awarded $127,943 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: DONATION | $20,000 |
BEN WIACEK PURPOSE: TUITION | $7,500 |
HANNAH WIACEK PURPOSE: TUITION | $7,500 |
FERNANADA GARCIA PURPOSE: TUITION | $7,289 |
JOHN VANPOUCKE PURPOSE: TUITION | $7,500 |
MORNING STAR MISSION MINISTRIES PURPOSE: DONATION | $10,000 |