The Sears-Roebuck Foundation
- Assets
- $0.0
- Revenue
- $983.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hoffman Estates, IL
- Founding
- 09/1959
- Data as of
- 12/2020
- EIN
- 36-6032266
Organization Overview
The Sears-Roebuck Foundation is located in Hoffman Estates, IL. The organization was established in 1959. 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.
For the year ending 12/2020, Sears-Roebuck Foundation generated $983.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $563.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence J Meerschaert Vice President | 0 | $0 | |
Robert A Riecker Vice President | 0 | $0 | |
Robert J Phelan Treasurer | 0 | $0 | |
Laurie D Skinner Assistant Treasurer | 0 | $0 | |
Rajat Prakash Assistant Treasurer | 0 | $0 | |
Jennifer L Joye Assistant Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $983 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $30,622 |
| Contributions, gifts, grants paid | $532,783 |
| Total expenses and disbursements | $563,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, The Sears-Roebuck Foundation has awarded $532,783 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
REBUILDING TOGETHER PURPOSE: GENERAL CHARITABLE PURPOSE | $230,031 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: GENERAL CHARITABLE PURPOSE | $202,752 |
CATHOLIC CHARITIES OF THE ARCHDIOCESE OF NEW YORK PURPOSE: GENERAL CHARITABLE PURPOSE | $50,000 |
UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK INC PURPOSE: GENERAL CHARITABLE PURPOSE | $50,000 |