Code Family Foundation
- Assets
- $31.8m
- Revenue
- $2.6m
- Investments
- $826.1k
- Employees
- 0
- Location
- Hinsdale, IL
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 36-4159492
Organization Overview
Code Family Foundation is located in Hinsdale, IL. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public 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. Code Family 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, Code Family Foundation generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Code Family Foundation has awarded 259 individual grants totaling $21,927,132. 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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew W Code President | 1 | $0 | |
Susan K Code Secretary | 1 | $0 | |
Kevin Code Director | 1 | $0 | |
Blake Thoele Treasurer | 5 | $38,332 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,191,737 |
| Interest on Savings | $6,077 |
| Dividends & Interest | $86,679 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,549 |
| Capital Gain Net Income | $2,194,855 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $283,749 |
| Total Revenue | $2,569,791 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,332 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $83,111 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $46,377 |
| Total operating and administrative expenses | $167,820 |
| Contributions, gifts, grants paid | $5,087,625 |
| Total expenses and disbursements | $5,255,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $425,352 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $379,865 |
| 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 | $30,120,370 |
| Total assets | $31,751,699 |
| 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, Code Family Foundation has awarded $5,087,625 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN LIFE MINISTRIES PURPOSE: UNRESTRICTED | $100,000 |
DR LUCY AMMAMIYO PURPOSE: PROVIDE FUNDING FOR A MEDICAL CAMP IN UGANDA | $3,200 |
EXPONENT PHILANTHROPY PURPOSE: UNRESTRICTED | $795 |
NATIONAL CHRISTIAN CHARITABLE FOUNDATION PURPOSE: UNRESTRICTED | $4,975,000 |
CURE CHILDREN'S HOSPITAL OF UGANDA PURPOSE: UNRESTRICTED | $2,630 |
UNIVERSITY OF IOWA FOUNDATION PURPOSE: UNRESTRICTED | $6,000 |