Cloud Family Private Foundation
- Assets
- $1.1m
- Revenue
- $18.7k
- Investments
- $1.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 36-4408643
Organization Overview
Cloud Family Private Foundation is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Cloud Family Private 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, Cloud Family Private Foundation generated $18.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $92.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cloud Family Private Foundation has awarded 42 individual grants totaling $239,500. 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 |
|---|---|---|---|
Thomas Cloud President & Director | 0.25 | $0 | |
David A Cloud Treas, Sec & Director | 0.5 | $0 | |
Steven Cloud VP And Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $462 |
| Dividends & Interest | $21,786 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,833 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $236 |
| Total Revenue | $18,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,492 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,408 |
| Total operating and administrative expenses | $27,230 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $92,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,357 |
| 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 | $1,008,976 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,141,333 |
| 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, Cloud Family Private Foundation has awarded $65,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CHARITY NAVIGATOR PURPOSE: GENERAL PURPOSES | $500 |
DOCTORS WITHOUT BORDERS USA PURPOSE: GENERAL PURPOSES | $8,500 |
GREATER CHICAGO FOOD DEPOSITORY PURPOSE: GENERAL PURPOSES | $8,500 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: GENERAL PURPOSES | $16,000 |
NATURAL RESOURCES DEFENSE COUNCIL PURPOSE: GENERAL PURPOSES | $8,500 |
PLANNED PARENTHOOD OF ILLINOIS PURPOSE: GENERAL PURPOSES | $8,500 |