Sheba Foundation
- Assets
- $29.9m
- Revenue
- $4.3m
- Investments
- $27.3m
- Employees
- 0
- Location
- Aurora, IL
- Founding
- 11/1994
- Data as of
- 12/2021
- EIN
- 36-3976909
Organization Overview
Sheba Foundation is located in Aurora, IL. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Sheba 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, Sheba Foundation generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 19.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sheba Foundation has awarded 68 individual grants totaling $16,683,300. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheldon Lavin Director/pres. | 2 | $0 | |
Deborah Rosenberg Dir/ass't Sec | 1 | $0 | |
Steven Lavin Dir/sec/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,250,000 |
| Interest on Savings | $103 |
| Dividends & Interest | $929,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,121,874 |
| Capital Gain Net Income | $1,121,874 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $32,555 |
| Total Revenue | $4,334,158 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,759 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $259,288 |
| Contributions, gifts, grants paid | $3,410,000 |
| Total expenses and disbursements | $3,669,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,610,797 |
| 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 | $8,428,066 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,895,757 |
| 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, Sheba Foundation has awarded $3,410,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: FOR CANCER CENTER AT NEW MEDICAL FACILITY | $3,000,000 |
JEWISH UNITED FUND PURPOSE: CHARITABLE CAUSES CONSISTENT WITHJEWISH ETHICS | $325,000 |
GOODMAN THEATRE PURPOSE: SUPPORT PERFORMING ARTS | $35,000 |
NAT'L MULTIPLE SCLEROSIS SOCIETY - PURPOSE: MEDICAL RELATING TO MULTIPLE SCLEROSIS. | $25,000 |
Glenwood, IL PURPOSE: FOR GRANTS AND SCHOLARSHIPS | $10,000 |
Evanston, IL PURPOSE: ADVANCE MEDICAL CARE WITH EMPHASIS ON PANCREATIC CANCER RESEARCH | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |
Christian Community Health Center Chicago, IL | $24,875,996 | $21,223,346 |
Jewish Federation Of St Louis St Louis, MO | $156,968,183 | $19,475,995 |
Pritzker Family Philanthropic Fund Chicago, IL | $175,241,348 | $15,696,254 |
Memorial Foundation Inc Belleville, IL | $139,919,506 | $17,553,919 |
Ramtell Inc Tell City, IN | $25,696,087 | $2,760,088 |
Marquardt Home And Community Based Services Inc Watertown, WI | $9,140,172 | $14,598,397 |
Jewish Federation Of Greater Indianapolis Inc Indianapolis, IN | $105,560,722 | $10,106,603 |
Winning Wheels Inc Prophetstown, IL | $11,909,541 | $13,671,140 |
United Way Fox Cities Inc Menasha, WI | $16,186,120 | $10,302,524 |
Heart Of Illinois United Way Inc Peoria, IL | $14,132,248 | $9,955,140 |
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |