Modestus Bauer Foundation
- Assets
- $11.3m
- Revenue
- $681.3k
- Investments
- $10.9m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 36-4473692
Organization Overview
Modestus Bauer Foundation is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Modestus Bauer 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, Modestus Bauer Foundation generated $681.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Modestus Bauer Foundation has awarded 445 individual grants totaling $3,020,050. 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 |
|---|---|---|---|
Robert J Lawrence Director & President | 2.5 | $9,000 | |
Linda N Lawrence Director & Asst Sec | 0.25 | $9,000 | |
Lawrence A Reich Director & VP | 1.5 | $9,000 | |
David Reich Director & Sec | 1.5 | $9,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $513,844 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $167,427 |
| Capital Gain Net Income | $167,427 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $681,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $2,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,541 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $157,894 |
| Contributions, gifts, grants paid | $1,015,000 |
| Total expenses and disbursements | $1,172,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $438,900 |
| Savings and temporary cash investments | $0 |
| 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 | $11,344,793 |
| 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, Modestus Bauer Foundation has awarded $1,015,000 in support to 152 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: GENERAL CHARITABLE USE | $1,000 |
AM YISRAEL PURPOSE: GENERAL CHARITABLE USE | $3,600 |
ALS ASSOCIATION PURPOSE: GENERAL CHARITABLE USE | $1,000 |
AMER COMM FORWEIZMANN INSTITUTE PURPOSE: GENERAL CHARITABLE USE | $3,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL CHARITABLE USE | $3,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL CHARITABLE USE | $5,000 |