Greenwood Philanthropic Fund
- Assets
- $1.9m
- Revenue
- $136.8k
- Investments
- $1.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 36-4118456
Organization Overview
Greenwood Philanthropic Fund is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Greenwood Philanthropic Fund 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, Greenwood Philanthropic Fund generated $136.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $163.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Greenwood Philanthropic Fund has awarded 69 individual grants totaling $148,865. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Gidwitz President | 0 | $0 | |
Teri Gidwitz Vice President | 0 | $0 | |
Steven Gidwitz Director | 0 | $0 | |
Kevin O'keefe Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $343 |
| Dividends & Interest | $52,404 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $60,068 |
| Capital Gain Net Income | $60,068 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,974 |
| Total Revenue | $136,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,184 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,124 |
| Total operating and administrative expenses | $28,308 |
| Contributions, gifts, grants paid | $134,894 |
| Total expenses and disbursements | $163,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,048 |
| Savings and temporary cash investments | $0 |
| 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 | $3,248 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,780 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,855,564 |
| 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, Greenwood Philanthropic Fund has awarded $148,865 in support to 69 organizations.
| Grant Recipient | Amount |
|---|---|
ACTION FOR POST-SOVIET JEWRY PURPOSE: GENERAL USE | $4,400 |
AMERICA-ISRAEL FRIENDSHIP LEAGUE PURPOSE: GENERAL USE | $750 |
AMERICAN FRIENDS OF NEO KEDUMIM PURPOSE: GENERAL USE | $150 |
AMERICAN JEWISH COMITTEE PURPOSE: GENERAL USE | $500 |
AMERICAN RED CROSS OF GREATER PURPOSE: GENERAL USE | $225 |
AMERICAN JEWISH BEHAVIOR SOCIETY PURPOSE: GENERAL USE | $150 |