Foglia Family Foundation
- Assets
- $45.6m
- Revenue
- $8.7m
- Investments
- $39.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1995
- Data as of
- 09/2022
- EIN
- 36-3925857
The information for Foglia Family Foundation is as of the organization's most recent filing in September 2020. This organization is located in Chicago, IL. It has been in existence for 25 years, following its founding in 1995.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Foglia Family Foundation's NTEE code is T20. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. The NTEE describes Private Grantmaking Foundations as nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors established to maintain charitable activities serving the common welfare, primarily through grantmaking. Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Grant History
Our dataset has a single year of grant history for the Foglia Family Foundation. In that year, they have awarded 176 grants, with an average check size of $106,807. The most frequent NTEE Sectors for grants were Human Services (26), Education (20), and Health Care (12). Additionally, the organization most frequently awards grants in the state of Illinois (142), Georgia (2), Minnesota (4), and New York (2).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia A Foglia Pres. & Dir. | 0 | $0 | |
Vincent W Foglia Sec,tres, Dir | 0 | $0 | |
Kymberly A Foglia Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Madden Jiganti Moore & Sinars Llp | 9/29/22 | $54,500 |
Merrill Lynch | 9/29/22 | $149,194 |
Segall Bryant & Hamill | 9/29/22 | $79,128 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,974,882 |
| Interest on Savings | $0 |
| Dividends & Interest | $699,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,958,729 |
| Capital Gain Net Income | $2,611,224 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $107,607 |
| Total Revenue | $8,740,610 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50,778 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,963 |
| Total operating and administrative expenses | $367,536 |
| Contributions, gifts, grants paid | $4,286,153 |
| Total expenses and disbursements | $4,653,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,640,656 |
| Savings and temporary cash investments | $2,049,567 |
| 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 | $3,970,839 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,324,582 |
| Total assets | $45,575,944 |
| 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, Foglia Family Foundation has awarded $4,286,153 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
AMITA HEALTH PURPOSE: GENERAL CHARITABLE PURPOSES | $600,000 |
Carpentersville, IL PURPOSE: GENERAL CHARITABLE PURPOSES | $300,000 |
Geneva, IL PURPOSE: GENERAL CHARITABLE PURPOSES | $250,000 |
Barrington, IL PURPOSE: GENERAL CHARITABLE PURPOSES | $225,000 |
JUDSON UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSES | $175,000 |
OAK POINT UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSES | $150,000 |
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 |