Bill Bartholomay Foundation
- Assets
- $7.3m
- Revenue
- $295.4k
- Investments
- $6.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1990
- Data as of
- 12/2023
- EIN
- 36-3679496
Organization Overview
Bill Bartholomay Foundation is located in Chicago, 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. Bill Bartholomay 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, Bill Bartholomay Foundation generated $295.4k 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 (3.2%) each year. All expenses for the organization totaled $36.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (22.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bill Bartholomay Foundation has awarded 176 individual grants totaling $3,033,410. 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 |
|---|---|---|---|
Virginia T Bartholomay Trustee | 0 | $0 | |
William T Bartholomay Trustee | 0 | $0 | |
Jamie B Niemie Trustee | 0 | $0 | |
Elizabeth Benoit Trustee | 0 | $0 | |
Sara B Downey Trustee & Manager | 0 | $0 | |
Timothy J Debruyne Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $19,627 |
| Dividends & Interest | $180,653 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,109 |
| Capital Gain Net Income | $95,109 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $295,389 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,428 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19,478 |
| Total operating and administrative expenses | $31,406 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $36,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,104 |
| Savings and temporary cash investments | $487,938 |
| 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 | $7,304,507 |
| 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, Bill Bartholomay Foundation has awarded $1,060,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF PALM BEACH COUNTY PURPOSE: GENERAL EXEMPT PURPOSE | $20,000 |
ROAD HOME PROJECT PURPOSE: GENERAL EXEMPT PURPOSE | $15,000 |
MUSEUM OF SCIENCE AND INDUSTRY PURPOSE: GENERAL EXEMPT PURPOSE | $1,000,000 |
WORLD CENTRAL KITCHEN PURPOSE: GENERAL EXEMPT PURPOSE | $20,000 |
GLOBAL EMPOWERMENT MISSION PURPOSE: GENERAL EXEMPT PURPOSE | $5,000 |