Heestand Foundation Inc is located in Chicago, IL. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Heestand Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Heestand Foundation Inc has awarded 181 individual grants totaling $534,425. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia H Heestand Dir/pres/tr | 0 | $0 | |
Alexandra N Heestand Dir/sec | 0 | $0 | |
Anne Heestand Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $901 |
Dividends & Interest | $29,268 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $31,734 |
Capital Gain Net Income | $31,734 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $61,903 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $823 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $10 |
Total operating and administrative expenses | $12,352 |
Contributions, gifts, grants paid | $59,500 |
Total expenses and disbursements | $71,852 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $454 |
Savings and temporary cash investments | $35,272 |
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 | $926,982 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $962,708 |
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, Heestand Foundation Inc has awarded $59,500 in support to 21 organizations.
Grant Recipient | Amount |
---|---|
CHICAGO SYMPHONY ORCHESTRA PURPOSE: FOR ANNUAL FUND (UNRESTRICTED) | $22,500 |
NEWBURY LIBRARY PURPOSE: FOR PRESIDENT'S FELLOWS | $2,000 |
CHICAGO SHAKESPEARE THEATRE PURPOSE: FOR ANNUAL FUND (UNRESTRICTED) AND CAMPAIGN PLEDGE | $1,500 |
FOURTH PRESBYTERIAN CHURCH PURPOSE: CHURCH PLEDGE AND CHICAGO LIGHTS. | $2,500 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: FOR ANNUAL FUND (UNRESTRICTED) | $1,500 |
ANTI CRUELITY SOCIETY PURPOSE: HELPING PETS AND EDUCATING PEOPLE. | $1,500 |