Altrusa International Foundation Inc
- Assets
- $4.2m
- Revenue
- $400.8k
- Investments
- $410.5k
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 12/1985
- Data as of
- 05/2022
- EIN
- 36-6110418
Organization Overview
Altrusa International Foundation Inc is located in Chicago, IL. The organization was established in 1985. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 05/2022, Altrusa International Foundation Inc employed 2 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Altrusa International Foundation Inc 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 05/2022, Altrusa International Foundation Inc generated $400.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $728.2k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Altrusa International Foundation Inc has awarded 73 individual grants totaling $560,186. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS A HUMANITARIAN PHILANTHROPIC ORGANIZATION WHOSE MISSION IS TO EMPOWER ALTRUSANS TO PROVIDE EFFECTIVE LOCAL AND GLOBAL COMMUNITY SERVICE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALTRUSA INTERNATIONAL FOUNDATION PROVIDES GENERAL OPERATING GRANTS AND AWARDS TO HELP FUND A WORLDWIDE VOLUNTEER SERVICE ORGANIZATION DEVOTED TO CONTRIBUTION TO HUMAN WELL-BEING THROUGH THE DEVELOPMENT AND IMPLEMENTATION OF EFFECTIVE LOCAL COMMUNITY SERVICE PROGRAMS. THE FOUNDATION IS DEDICATED TO IMPROVING ECONOMIC WELL-BEING AND QUALITY OF LIFE THROUGH A COMMITMENT TO COMMUNITY SERVICES AND LITERACY.
DISASTER RELIEF - CONTRIBUTIONS DISTRIBUTED TO DISASTER RELIEF ORGANIZATIONS IN ADDITION TO OTHER ALTRUSA CLUBS THAT ARE IN LOCATIONS THAT HAVE SUFFERED MAJOR DISASTERS.
CLUB 21 WAS ESTABLISHED TO SUPPORT CHILDREN WITH HIV/AIDS WHICH AFFECTS PEOPLE IN ALL COUNTRIES AND FROM ALL WALKS OF LIFE, PARTICULARLY INNOCENT CHILDREN. CLUB 21 GIVES ALTRUSANS THE OPPORTUNITY TO EXTEND THEIR HANDS TO CHILDREN AND THEIR FAMILIES CONFRONTING THIS DISEASE. CLUB 21 HAS FUNDED CAMPS FOR CHILDREN WITH HIV/AIDS THAT ARE FREE OF CHARGE. THESE CAMPS ASSIST THE FAMILIES TO COPE WITH THE REALITIES OF HIV/AIDS. ADDITIONALLY, CLUB 21 PROVIDES MONETARY SUPPORT TO YOUTH FUTURES INTERNATIONAL AND TO THE GHANA HEALTH AND EDUCATION INITIATIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawna Veldhuizen Secretary/foundation Direc | Officer | 35 | $74,679 |
Linda Robison Past Chair | OfficerTrustee | 5 | $0 |
Marie A Pike Vice-Chair | OfficerTrustee | 15 | $0 |
Leslie Johnson Chair | OfficerTrustee | 30 | $0 |
Susan Carpenter Past Vice-Chair | OfficerTrustee | 5 | $0 |
Dana Vierck Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $384,077 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $398,327 |
| Total Program Service Revenue | $0 |
| Investment income | $54,329 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$51,846 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $400,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $415,855 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,701 |
| Compensation of current officers, directors, key employees. | $61,033 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,686 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,368 |
| Fees for services: Management | $56,010 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,652 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $16,004 |
| Information technology | $4,096 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,388 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,059 |
| All other expenses | $0 |
| Total functional expenses | $728,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,850 |
| Savings and temporary cash investments | $26,076 |
| Pledges and grants receivable | $79,983 |
| Accounts receivable, net | $395 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,456,219 |
| Investments—other securities | $410,455 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,173,978 |
| Accounts payable and accrued expenses | $29,408 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,408 |
| Net assets without donor restrictions | $2,471,680 |
| Net assets with donor restrictions | $1,672,890 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,173,978 |
Grants Awarded
Over the last fiscal year, Altrusa International Foundation Inc has awarded $186,056 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
New Albany, IN PURPOSE: DISASTER RELIEF | $10,000 |
New York, NY PURPOSE: DISASTER RELIEF | $10,000 |
Washington, DC PURPOSE: DISASTER RELIEF | $10,000 |
Washington, DC PURPOSE: DISASTER RELIEF | $10,000 |
Mesa, AZ PURPOSE: DISASTER RELIEF | $10,000 |
St Louis, MO PURPOSE: SUPPORT CAMP FOR UNDERSERVED/ILL CHILDREN | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Altrusa International Foundation Inc has recieved totaling $26,806.
| Awarding Organization | Amount |
|---|---|
William C & Dorotha Gaedke Charitable Tr Milwaukee, WI PURPOSE: GENERAL OPERATING | $23,674 |
C Giles Hunt Charitable Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $132 |
Endowment Analysis
| Beg. Balance | $1,712,338 |
| Earnings | -$75,531 |
| Net Contributions | $6,496 |
| Grants | $45,583 |
| Ending Balance | $1,597,720 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Center For Families Learning Inc Louisville, KY | $16,159,024 | $7,570,588 |
Simon Youth Foundation Inc Indianapolis, IN | $13,534,989 | $1,991,502 |
Great Books Foundation Chicago, IL | $3,063,168 | $3,289,304 |
Turnk The Page Kc Inc Kansas City, MO | $555,932 | $3,146,244 |
La Crosse Medical Health Science Consortium Inc La Crosse, WI | $13,920,244 | $1,509,206 |
Wisconsin Literacy Inc Madison, WI | $355,424 | $1,313,626 |
Literacy Network Inc Madison, WI | $4,205,047 | $2,002,520 |
Ready Readers St Louis, MO | $1,581,585 | $1,585,720 |
School On Wheels Corp Indianapolis, IN | $2,488,592 | $1,690,910 |
Chicago Citywide Literacy Coalition Chicago, IL | $1,103,489 | $1,225,090 |
Carnegie Literacy Center Inc Lexington, KY | $1,003,564 | $1,222,449 |
Chicago Heightening Opportunity And Potential For Educational Success Chicago, IL | $1,173,887 | $1,219,506 |