George M Eisenberg Foundation For Charities
- Assets
- $47.1m
- Revenue
- $4.7m
- Investments
- $46.2m
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 11/1990
- Data as of
- 12/2020
- EIN
- 36-3689650
Organization Overview
George M Eisenberg Foundation For Charities is located in Arlington Heights, 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. George M Eisenberg Foundation For Charities 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 12/2020, George M Eisenberg Foundation For Charities generated $4.7m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $4.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, George M Eisenberg Foundation For Charities has awarded 491 individual grants totaling $11,027,504. 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 |
|---|---|---|---|
James Marousis Treasurer | 30 | $95,671 | |
Katie Owens President | 13 | $50,000 | |
Sofia Bishop Director | 13 | $50,000 | |
Erin O'brien-Cahill Director | 13 | $50,000 | |
Dean Marousis Director | 13 | $50,000 | |
Nancy Speslberg Vice President | 13 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $895,565 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,406,529 |
| Capital Gain Net Income | $3,415,302 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $404,738 |
| Total Revenue | $4,706,832 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $393,605 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,161 |
| Interest | $361 |
| Taxes | $98,303 |
| Depreciation | $0 |
| Occupancy | $20,400 |
| Travel, conferences, and meetings | $2,484 |
| Printing and publications | $0 |
| Other expenses | $34,894 |
| Total operating and administrative expenses | $697,124 |
| Contributions, gifts, grants paid | $3,849,258 |
| Total expenses and disbursements | $4,546,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,927 |
| Savings and temporary cash investments | $787,563 |
| 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 | $40,747,071 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $47,103,473 |
| 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, George M Eisenberg Foundation For Charities has awarded $3,827,151 in support to 155 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, MN PURPOSE: SOCIAL ASSISTANCE | $1,000,000 |
Chicago, IL PURPOSE: SOCIAL ASSISTANCE | $530,000 |
REHABILITATION INSTITUTE OF CHICAGO PURPOSE: SOCIAL ASSISTANCE | $500,000 |
NORTHWESTERN UNIVERISTY FOR FEINBERG SCHOOL OF MEDICINE OFFICE DEVE PURPOSE: SOCIAL ASSISTANCE | $425,000 |
Chicago, IL PURPOSE: SOCIAL ASSISTANCE | $180,000 |
NORTHWEST COMMUNITY HEALTH SERVICES FOUNDATAION PURPOSE: SOCIAL ASSISTANCE | $143,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |