Fred B Snite Foundation
- Assets
- $0.0
- Revenue
- $817.7k
- Investments
- $16.0m
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 01/1947
- Data as of
- 06/2022
- EIN
- 36-6084839
Organization Overview
Fred B Snite Foundation is located in Glenview, IL. The organization was established in 1947. 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. Fred B Snite 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 06/2022, Fred B Snite Foundation generated $817.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Fred B Snite Foundation has awarded 79 individual grants totaling $2,669,694. 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 |
|---|---|---|---|
Margaret Sackley President | 5 | $19,895 | |
Katherine B Miszklevitz Vice President | 0 | $0 | |
Theresa Rassas Vice President | 0 | $0 | |
Patrick Sackley Vice President | 0 | $0 | |
Lance Williams Vice President | 0 | $0 | |
Robert Wott Treasurer | 5 | $12,008 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $195 |
| Dividends & Interest | $268,745 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,557 |
| Total Revenue | $817,706 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $47,700 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $104,076 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $309,013 |
| Contributions, gifts, grants paid | $923,318 |
| Total expenses and disbursements | $1,232,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,243,003 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fred B Snite Foundation has awarded $883,986 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
BIG SHOULDERS PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $25,217 |
THE CHRIST CHILD SOCIETY PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $20,000 |
MISERICORDIA PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $24,263 |
ROSELAND TRAINING CENTER PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $15,000 |
WELLNESS HOUSE PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $25,217 |
ST ANN SCHOOL PURPOSE: FURTHER DONEE'S CHARITABLE PURPOSE | $60,000 |