Grand Victoria Foundation
- Assets
- $165.9m
- Revenue
- $14.8m
- Investments
- $154.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/1996
- Data as of
- 12/2023
- EIN
- 36-4107162
Organization Overview
Grand Victoria Foundation is located in Chicago, IL. The organization was established in 1996. 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. Grand Victoria 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 12/2023, Grand Victoria Foundation generated $14.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $9.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Grand Victoria Foundation has awarded 992 individual grants totaling $45,381,648. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Bush President/executive Director | 40 | $267,779 | |
Eric T Mckissack Chair | 1 | $0 | |
Ricardo Estrada Treasurer | 1 | $0 | |
Teresa Cordova Secretary | 1 | $0 | |
Kristin Finney-Cooke Director | 1 | $0 | |
Heather Rapp Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Klb Consulting | 12/30/22 | $90,950 |
Entara Corporation | 12/30/22 | $56,293 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,527,696 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,235,225 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $95,727 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,812 |
| Total Revenue | $14,764,733 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $267,779 |
| Other employee salaries and wages | $1,076,248 |
| Pension plans, employee benefits | $307,267 |
| Interest | $0 |
| Taxes | $54,400 |
| Depreciation | $11,398 |
| Occupancy | $123,869 |
| Travel, conferences, and meetings | $64,726 |
| Printing and publications | $0 |
| Other expenses | $442,987 |
| Total operating and administrative expenses | $2,941,884 |
| Contributions, gifts, grants paid | $6,895,671 |
| Total expenses and disbursements | $9,837,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,918,929 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $9,418,666 |
| 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 | $46,061 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $154,524,158 |
| Net Land, buildings, and equipment | $34,885 |
| Other assets | $0 |
| Total assets | $165,942,699 |
| Accounts payable and accrued expenses | $228,507 |
| Grants payable | $2,822,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $381,503 |
| Total liabilities | $3,432,510 |
Grants Awarded
Over the last fiscal year, Grand Victoria Foundation has awarded $6,895,671 in support to 162 organizations.
| Grant Recipient | Amount |
|---|---|
ADELANTE CENTER FOR ENTREPRENEURSHIP PURPOSE: GENERAL OPERATING SUPPORT | $60,000 |
AFRICAN AMERICAN COALITION OF KANE COUNTY INC PURPOSE: GENERAL OPERATING SUPPORT | $65,000 |
ALIGNMENT COLLABORATIVE FOR EDUCATION PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHICAGO PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
AFTERSCHOOL FOR CHILDREN AND TEENS NOW (ACT NOW) PURPOSE: PROJECT SUPPORT | $50,000 |
BETHLEHEM LUTHERAN CHILD DEVELOPMENT CENTER PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |