Foley Family Foundation
- Assets
- $3.2m
- Revenue
- $69.8k
- Investments
- $2.9m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 36-4263312
Organization Overview
Foley Family Foundation is located in Chicago, IL. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Foley 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 12/2022, Foley Family Foundation generated $69.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $40.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (24.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Foley Family Foundation has awarded 164 individual grants totaling $594,365. 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 |
|---|---|---|---|
James F Foley President | 0.5 | $0 | |
Jean I Foley Director | 0.5 | $0 | |
Kathryn Fitch Director | 0.5 | $0 | |
J Justin Foley Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,106 |
| Dividends & Interest | $57,146 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,913 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $500 |
| Total Revenue | $69,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,005 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55 |
| Total operating and administrative expenses | $19,426 |
| Contributions, gifts, grants paid | $20,800 |
| Total expenses and disbursements | $40,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $229,758 |
| 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 | $2,694,014 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,173,565 |
| 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, Foley Family Foundation has awarded $20,800 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LIVER FOUNDATION (BILIARY ATRESIA FUND FOR THE CURE) PURPOSE: FOR LIVER TRANSPLANT RESEARCH | $1,000 |
ANGEL FLIGHT CENTRAL PURPOSE: FOR ASSISTANCE PROVIDING FLIGHTS FOR HEALTH CARE | $1,000 |
COMMON HOPE PURPOSE: FOR COMMUNITY HOUSING AND HEALTHCARE | $200 |
ENCORE MUSIC ACADEMY PURPOSE: FOR PROGRAM PARTICIPATION COST | $1,250 |
EVANGELICAL FREE CHURCH OF CRYSTAL LAKE (CELEBRATE RECOVERY) PURPOSE: FOR RECOVERY SERVICES | $1,250 |
GASTRO INTESTINAL RESEARCH FOUNDATION PURPOSE: FOR PHYSICIAN SERVICE | $400 |