Edward S Sprague Foundation
- Assets
- $1.4m
- Revenue
- $38.8k
- Investments
- $1.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1957
- Data as of
- 06/2023
- EIN
- 36-6070124
Organization Overview
Edward S Sprague Foundation is located in Chicago, IL. The organization was established in 1957. 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. Edward S Sprague 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 06/2023, Edward S Sprague Foundation generated $38.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $164.9k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Edward S Sprague Foundation has awarded 124 individual grants totaling $950,394. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GIFTS AND GRANTS TO EDUCATIONAL ORGANIZATIONS
PROVIDE GIFTS AND GRANTS TO HEALTHCARE ORGANIZATIONS
PROVIDE GIFTS AND GRANTS TO ENVIRONMENTAL ORGANIZATIONS
PROVIDE GIFTS AND GRANTS TO SOCIAL SERVICE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie Sprague O'brien Trustee | 1 | $0 | |
Jack O'brien Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,658 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,856 |
| Capital Gain Net Income | $1,856 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,293 |
| Total Revenue | $38,807 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,359 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,813 |
| Total operating and administrative expenses | $24,407 |
| Contributions, gifts, grants paid | $140,481 |
| Total expenses and disbursements | $164,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,585 |
| Savings and temporary cash investments | $51,966 |
| 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 | $22,872 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,441,804 |
| 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, Edward S Sprague Foundation has awarded $140,481 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ALPHONSUS ACADEMY & CENTER FOR THE ARTS PURPOSE: EDUCATION | $19,256 |
ASSOCIATION HOUSE OF CHICAGO PURPOSE: HOME FOR THE POOR & SERVICES | $10,000 |
BERNIES BOOK BANK PURPOSE: SERVICES FOR CHILDREN | $5,000 |
CHICAGO LIGHTHOUSE FOR THE BLIND PURPOSE: EDUCATION | $10,000 |
EMBARC PURPOSE: EDUCATION | $5,000 |
DEBORAH'S PLACE PURPOSE: HOMELESS SHELTER & SERVICES | $5,000 |