Dillon Foundation
- Assets
- $63.3m
- Revenue
- $2.9m
- Investments
- $63.1m
- Employees
- 0
- Location
- Sterling, IL
- Founding
- 02/1955
- Data as of
- 10/2023
- EIN
- 36-6059349
Organization Overview
Dillon Foundation is located in Sterling, IL. The organization was established in 1955. 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. Dillon 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 10/2023, Dillon Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $3.5m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dillon Foundation has awarded 1,183 individual grants totaling $24,488,863. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter W Dillon President | 12 | $0 | |
Patrick W Dillon Vice Preside | 1 | $0 | |
Gale D Inglee Asst. Treasu | 1 | $0 | |
James Boesen Secretary | 1 | $0 | |
John Van Osdol Treasurer | 1 | $0 | |
Christine Trizulny Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,343 |
| Dividends & Interest | $1,831,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,070,523 |
| Capital Gain Net Income | $1,070,523 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,902,926 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $9,402 |
| Pension plans, employee benefits | $2,160 |
| Interest | $0 |
| Taxes | $48,681 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,728 |
| Total operating and administrative expenses | $551,212 |
| Contributions, gifts, grants paid | $2,907,295 |
| Total expenses and disbursements | $3,458,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,091 |
| 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 | $19,604,706 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $29,000 |
| Total assets | $63,304,571 |
| 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, Dillon Foundation has awarded $2,907,295 in support to 136 organizations.
| Grant Recipient | Amount |
|---|---|
ABRAHAM LINCOLN PRESIDENTIAL PURPOSE: IN SUPPORT OF HUMAN SERVICE | $5,000 |
ACS RELAY FOR LIFE OF SAUK VALLEY PURPOSE: TO SUPPORT HEALTH/GENERAL AND RELATE | $7,000 |
ALZHEIMER'S DISEASE AND RELATED PURPOSE: IN SUPPORT OF MEDICAL RESEARCH | $3,000 |
AMERICAN BATTLEFIELD TRUST PURPOSE: TO SUPPORT ARTS, CULTURE, HUMANITIES | $5,000 |
AMERICAN RED CROSS - LINCOLN LAND PURPOSE: IN SUPPORT OF HUMAN SERVICE | $5,000 |
AUGUSTANA COLLEGE - WVIK PURPOSE: TO SUPPORT ARTS, CULTURE, HUMANITIES | $2,000 |