George & June Block Family Foundation
- Assets
- $13.6m
- Revenue
- $611.3k
- Investments
- $12.9m
- Employees
- 0
- Location
- Harwood Heights, IL
- Founding
- 10/1999
- Data as of
- 12/2023
- EIN
- 36-4294119
Organization Overview
George & June Block Family Foundation is located in Harwood Heights, IL. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. George & June Block 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, George & June Block Family Foundation generated $611.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $813.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George & June Block Family Foundation has awarded 414 individual grants totaling $7,433,700. 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 |
|---|---|---|---|
Barbara Block Vanderkloot President/sec/dir | 6 | $0 | |
Mathew Vanderkloot Treasurer/dir | 6 | $0 | |
John Vanderkloot Vice President/dir | 0.5 | $0 | |
George Vanderkloot Director | 0.5 | $0 | |
David Vanderkloot Director | 0.5 | $0 | |
Elizabeth Vanderkloot Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $568,237 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,067 |
| Capital Gain Net Income | $43,067 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $611,304 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $63,301 |
| Contributions, gifts, grants paid | $750,000 |
| Total expenses and disbursements | $813,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,246 |
| Savings and temporary cash investments | $645,136 |
| 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 | $850,196 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,588,309 |
| 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, George & June Block Family Foundation has awarded $750,000 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
BLAINE COUNTY CHARITABLE FUND PURPOSE: GENERAL FUND | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL PURPOSE | $15,000 |
BOOTS ON THE COURT PURPOSE: GENERAL FUND | $10,000 |
CHICAGO COALITION FOR THE HOMELESS PURPOSE: ANNUAL GIVING | $20,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: PLEDGE YEAR 3 OF 5 | $25,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: GRAND CHEFS EVENT | $10,000 |