Rjn Foundation is located in Downers Grove, IL. The organization was established in 1994. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rjn 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, Rjn Foundation generated $42.9k 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 (5.8%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rjn Foundation has awarded 248 individual grants totaling $226,674. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Nogaj Director | 5 | $0 | |
Florence Nogaj Director | 5 | $0 | |
Alan Hollenbeck Director | 1 | $0 | |
Charles Digiovanni Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,380 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,487 |
| Capital Gain Net Income | $9,487 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,241 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $846 |
| Total operating and administrative expenses | $14,629 |
| Contributions, gifts, grants paid | $37,499 |
| Total expenses and disbursements | $52,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,805 |
| 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 | $734,732 |
| 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 |
Over the last fiscal year, Rjn Foundation has awarded $37,499 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
A NEW LEAF PURPOSE: SCHOLARSHIP FUND | $1,000 |
DUPAGE HABITAT FOR HUMANITY PURPOSE: GENERAL FUND | $1,000 |
ELMHURST COLLEGE PURPOSE: SCHOLARSHIP FUND | $2,000 |
BENEDICTINE UNIVERSITY PURPOSE: SCHOLARSHIP FUND | $2,000 |
GRACE LUTHERAN SCHOOL PURPOSE: GENERAL FUND | $1,000 |
HISPANIC COUNCIL PURPOSE: GENERAL FUND | $1,000 |