Acorn Foundation is located in Chicago, IL. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acorn Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Wanger President | 0 | $0 | |
Kathleen Tucker Treasurer | 0 | $0 | |
Eric David Wanger Director | 0 | $0 | |
Leonard Ralph Wanger Director | 0 | $0 | |
Debra Jane Wanger Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5 |
| Dividends & Interest | $837 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,770 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$32,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $514 |
| Total operating and administrative expenses | $17,804 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $17,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,691 |
| Savings and temporary cash investments | $29,063 |
| 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 | $556,312 |
| 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, Acorn Foundation has awarded $45,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION AGAINST HUNGER-USA PURPOSE: HUMAN SERVICES | $1,200 |
ANSHE EMET SYNAGOGUE PURPOSE: RELIGIOUS | $1,000 |
CHARITYWATER PURPOSE: ENVIRONMENTAL | $1,000 |
CHICAGO SYMPHONY ORCHESTRA PURPOSE: CULTURAL | $1,000 |
HABITAT FOR HUMANITY PURPOSE: HUMAN SERVICESHUMAN SERVICES | $1,000 |
FEDERALIST SOCIETY PURPOSE: ADVOCACY | $500 |
| Organization Name | Assets | Revenue |
|---|---|---|
Edgar & Lucile Schergens Foundation Inc Tell City, IN | $6,893,377 | $222,582 |
O Natalie Proctor Revocable Trust Chicago, IL | $1,227,942 | $65,568 |
B & S Lang Charitable Trust Chicago, IL | $602,316 | $48,333 |
Damian P And Marie Mccarthy Alagia Family Charitable Foundation Louisville, KY | $556,031 | $13,358 |
Martin J Taub & Irene M Taub Memorial Fund Chicago, IL | $563,061 | $36,982 |
Acorn Foundation Chicago, IL | $556,312 | -$32,928 |