Gaylord And Dorothy Donnelley Foundation
- Assets
- $208.0m
- Revenue
- $6.6m
- Investments
- $200.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1954
- Data as of
- 12/2020
- EIN
- 36-6108460
Organization Overview
Gaylord And Dorothy Donnelley Foundation is located in Chicago, IL. The organization was established in 1954. 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. Gaylord And Dorothy Donnelley 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 12/2020, Gaylord And Dorothy Donnelley Foundation generated $6.6m 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 (24.2%) each year. All expenses for the organization totaled $10.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gaylord And Dorothy Donnelley Foundation has awarded 1,035 individual grants totaling $24,926,907. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
CHICAGO REGION ARTS - TO NURTURE, DEVELOP AND STRENGTHEN THE CAPACITIES OF SMALL ARTS ORGANIZATIONS OF ALL DISCIPLINES IN CHICAGO.
CHICAGO LAND CONSERVATION PARTNERSHIP - TO COORDINATE REGIONAL LAND CONSERVATION EFFORTS IN THE CHICAGOLAND REGION.
LOWCOUNTY LAND CONSERVATION PARTNERSHIP - TO COORDINATE REGIONAL LAND CONSERVATION EFFORTS IN THE LOWCOUNTRY OF SOUTH CAROLINA.
CHARLESTON REGION ARTS - TO NURTURE, DEVELOP AND STRENGTHEN THE CAPACITIES OF SMALL ARTS ORGANIZATIONS OF ALL DISCIPLINES IN THE LOWCOUNTRY OF SOUTH CAROLINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Farren Executive Director & Asst. Secretary | 40 | $316,320 | |
Thomas Trinley Dir. Finance & Asst. Treasurer | 40 | $207,844 | |
Kerri Forrest Dir. Lowcountry Prog | 40 | $138,409 | |
Ellen Placey Wadey Program Officer | 40 | $122,000 | |
Susan Clark Grants Manager | 40 | $106,515 | |
Rebecca Judd Program Officer | 40 | $105,575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16,067 |
| Dividends & Interest | $1,701,106 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,880,790 |
| Capital Gain Net Income | $10,652,041 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,597,963 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $524,164 |
| Other employee salaries and wages | $814,096 |
| Pension plans, employee benefits | $408,585 |
| Interest | $0 |
| Taxes | $528,121 |
| Depreciation | $77,457 |
| Occupancy | $259,866 |
| Travel, conferences, and meetings | $58,390 |
| Printing and publications | $0 |
| Other expenses | $268,236 |
| Total operating and administrative expenses | $3,750,040 |
| Contributions, gifts, grants paid | $6,524,749 |
| Total expenses and disbursements | $10,274,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $984,312 |
| Net Accounts receivable | $11,104 |
| 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 | $110,043 |
| Net Investments - land, buildings, equipment | $6,215,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $149,667,610 |
| Net Land, buildings, and equipment | $305,829 |
| Other assets | $264,526 |
| Total assets | $207,987,827 |
| Accounts payable and accrued expenses | $253,524 |
| Grants payable | $4,721,202 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $620,222 |
| Total liabilities | $5,594,948 |
Grants Awarded
Over the last fiscal year, Gaylord And Dorothy Donnelley Foundation has awarded $13,764,109 in support to 529 organizations.
| Grant Recipient | Amount |
|---|---|
Memphis, TN PURPOSE: GENERAL OPERATING SUPPORT | $975,000 |
CHICAGO COMMUNITY TRUST - ARTS WORK FUND FOR ORGANIZATIONAL DEVELOPMENT PURPOSE: GENERAL OPERATING SUPPORT | $350,000 |
Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $240,000 |
Charleston, SC PURPOSE: GENERAL OPERATING SUPPORT | $212,500 |
Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $212,000 |
Missoula, MT PURPOSE: GENERAL OPERATING SUPPORT | $210,187 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
William R Kenan Jr Charitable Trust Chicago, IL | $564,490,046 | $137,606,226 |
Polk Bros Foundation Inc Chicago, IL | $329,136,356 | $57,050,478 |
Pritzker Foundation Chicago, IL | $0 | $47,756,040 |
Trott Family Foundation Chicago, IL | $0 | $2,395,873 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Manton Foundation Chicago, IL | $499,091,994 | $69,635,634 |