Albert Pick Jr Fund
- Assets
- $19.7m
- Revenue
- $287.3k
- Investments
- $19.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/1948
- Data as of
- 12/2022
- EIN
- 36-6071402
Organization Overview
Albert Pick Jr Fund is located in Chicago, IL. The organization was established in 1948. 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. Albert Pick Jr Fund 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, Albert Pick Jr Fund generated $287.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (35.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Albert Pick Jr Fund has awarded 355 individual grants totaling $6,597,964. 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 |
|---|---|---|---|
Shelley A Davis President/director | 0 | $0 | |
Rachel W Lindsey Secretary/director | 0 | $0 | |
Mark A Rosenberg Director | 0 | $0 | |
Heather D Parish Executive Director | 32 | $0 | |
Andrea Saenz Director | 0 | $0 | |
Nikki Will Stein Vice President/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26,879 |
| Dividends & Interest | $330,983 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$84,480 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,899 |
| Total Revenue | $287,281 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $178,415 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $187,473 |
| Total operating and administrative expenses | $648,825 |
| Contributions, gifts, grants paid | $1,182,009 |
| Total expenses and disbursements | $1,830,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,237 |
| 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 | $9,446,676 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,134 |
| Total assets | $19,724,604 |
| 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, Albert Pick Jr Fund has awarded $1,182,009 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
ARISE CHICAGO PURPOSE: COMMUNITY ORGS & CIVIC AFFAIRS | $15,000 |
ALLIANCE OF THE SOUTHEAST PURPOSE: COMMUNITY ORGS & CIVIC AFFAIRS | $20,000 |
BLACK ALPHABET PURPOSE: HEALTH AND HUMAN SERVICES ORGS | $10,000 |
ARTS WORK FUND FOR ORGANIZATIONAL DEVELOPMENT PURPOSE: COMMUNITY ORGS & CIVIC AFFAIRS | $35,000 |
BRIGHT PROMISES FOUNDATION PURPOSE: HEALTH AND HUMAN SERVICES ORGS | $10,000 |
BROWN HOUSE EXPERIENCE PURPOSE: EDUCATIONAL ORGS AND SCHOOLS | $5,000 |