Harvey And Ethel Daeumer Foundation
- Assets
- $3.8m
- Revenue
- $261.8k
- Investments
- $3.7m
- Employees
- 0
- Location
- Elgin, IL
- Founding
- 10/2001
- Data as of
- 12/2023
- EIN
- 36-4462103
Organization Overview
Harvey And Ethel Daeumer Foundation is located in Elgin, 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. Harvey And Ethel Daeumer 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, Harvey And Ethel Daeumer Foundation generated $261.8k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $251.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Harvey And Ethel Daeumer Foundation has awarded 103 individual grants totaling $959,976. 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 |
|---|---|---|---|
Glen T Dobosz Director/treasurer | 1 | $0 | |
Laurie Az Bitter Director/secretary | 1 | $0 | |
Bonnie L Emberton Director/president | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,672 |
| Dividends & Interest | $118,234 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $141,913 |
| Capital Gain Net Income | $141,913 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261,819 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $824 |
| Total operating and administrative expenses | $9,669 |
| Contributions, gifts, grants paid | $241,384 |
| Total expenses and disbursements | $251,053 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $70,604 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,791,014 |
| 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, Harvey And Ethel Daeumer Foundation has awarded $241,384 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ADMINISTER JUSTICE PURPOSE: EXPANDING ACCESS TO JUSTICE - ELGIN AREA | $5,000 |
BLACK WOMEN ASSOCIATION PURPOSE: SENIOR CITIZENS HOLIDAY DINNER | $1,500 |
CASA KANE COUNTY PURPOSE: KANE COUNTY EDUCATION AND TRAINING PROGRAM | $15,000 |
COMMUNITY CRISIS CENTER PURPOSE: THE CHILDREN'S PROGRAM | $5,000 |
DUNDEE TOWNSHIP ROTARY FOUNDATION PURPOSE: SCHOLARSHIP PROGRAM | $8,500 |
EASTER SEALS OF DUPAGE AND FOX VALLEY PURPOSE: MENTAL HEALTH PROGRAM | $10,000 |