Mary Lou Downs Foundation
- Assets
- $2.2m
- Revenue
- $97.2k
- Investments
- $1.9m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 36-3797797
Organization Overview
Mary Lou Downs Foundation is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (G25) the organization is classified as: Down Syndrome, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Lou Downs 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 12/2021, Mary Lou Downs Foundation generated $97.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $221.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mary Lou Downs Foundation has awarded 82 individual grants totaling $384,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $97,247 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $13,185 |
| Net ST Capital Gain | $15,220 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,247 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,193 |
| Total operating and administrative expenses | $31,193 |
| Contributions, gifts, grants paid | $190,000 |
| Total expenses and disbursements | $221,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $309,224 |
| 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 | $2,193,989 |
| 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, Mary Lou Downs Foundation has awarded $190,000 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
MISERICORDIA HEART OF MERCY PURPOSE: EXCLUSIVELY CHARITABLE | $11,000 |
LIFE SPAN PURPOSE: EXCLUSIVELY CHARITABLE | $10,000 |
Palatine, IL PURPOSE: EXCLUSIVELY CHARITABLE | $10,000 |
HEPHZIBAH CHILDREN'S ASSN PURPOSE: EXCLUSIVELY CHARITABLE | $10,000 |
Memphis, TN PURPOSE: EXCLUSIVELY CHARITABLE | $10,000 |
LITTLE SISTERS OF THE POOR OF PALATINE PURPOSE: EXCLUSIVELY CHARITABLE | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Down Syndrome Association Of Greater St Louis Saint Louis, MO | $1,288,297 | $641,765 |
J1224 Seeds Of Hope Inc Elkhorn, WI | $474,017 | $710,611 |
Mary Lou Downs Foundation Chicago, IL | $2,193,989 | $97,247 |
National Association For Down Syndrome Park Ridge, IL | $237,030 | $261,302 |
Down Syndrome Association Of Central Kentucky Inc Lexington, KY | $327,788 | $253,838 |
Angels In Disguise Inc Louisville, KY | $54,472 | $59,513 |
Down Syndrome Association Of Northeast Indiana Inc Fort Wayne, IN | $262,056 | $0 |
Down Country Taylor, MO | $42,792 | $38,239 |
Ups For Downs Nfp Schaumburg, IL | $309,045 | $0 |
Down Syndrome Association Of Northwest Indiana Inc Schererville, IN | $237,812 | $0 |
Chasing Dreams Inc Valparaiso, IN | $49,992 | $0 |
Down In The Southland Nfp Tinley Park, IL | $83,152 | $0 |