Allstate Foundation
- Assets
- $133.0m
- Revenue
- $53.2m
- Investments
- $110.0m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 05/1954
- Data as of
- 12/2019
- EIN
- 36-6116535
Organization Overview
Allstate Foundation is located in Northbrook, 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.
For the year ending 12/2019, Allstate Foundation generated $53.2m in total revenue. All expenses for the organization totaled $33.7m during the year ending 12/2019. While expenses have increased by 24.2% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH EMPOWERMENT PROGRAMS REPRESENTS 3841 OF TOTAL GRANTS IN 2019
COMMUNITY LEADERSHIP REPRESENTS 3146 OF TOTAL GRANTS IN 2019
DOMESTIC VIOLENCE PROGRAMS REPRESENTS 1227 OF TOTAL GRANTS IN 2019
AGENCY OWNER INDIVIDUAL HELPING HANDS GRANTS REPRESENTS 569 OF TOTAL GRANTS IN 2019
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,280,326 |
| Interest on Savings | $70,910 |
| Dividends & Interest | $1,725,973 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$119,357 |
| Capital Gain Net Income | $14,829,234 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,268,816 |
| Total Revenue | $53,226,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $860,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $265,422 |
| Total operating and administrative expenses | $1,125,422 |
| Contributions, gifts, grants paid | $32,565,462 |
| Total expenses and disbursements | $33,690,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,339 |
| Savings and temporary cash investments | $2,401,564 |
| Net Accounts receivable | $20,221,986 |
| 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 | $11,284,366 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $323,047 |
| Total assets | $133,045,947 |
| Accounts payable and accrued expenses | $1,115,818 |
| Grants payable | $17,195,220 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,200 |
| Total liabilities | $18,312,238 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $1,274,092,392 | $124,890,321 |
Grainger Foundation Inc Lake Forest, IL | $173,157,729 | $10,585,156 |
Fulk Family Foundation Inc Chicago, IL | $0 | $12,792,339 |
Enterprise Holdings Foundation Clayton, MO | $382,656,366 | $81,414,813 |
Hall Family Foundation Kansas City, MO | $881,677,518 | $43,313,571 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Allstate Foundation Northbrook, IL | $133,045,947 | $53,226,668 |
Pritzker Foundation Chicago, IL | $403,405,415 | $26,713,176 |
Abbott Fund Abbott Park, IL | $13,073,678 | $10,307,719 |
Richard O Jacobson Foundation Inc Des Moines, IA | $0 | $21,500,018 |
Centene Charitable Foundation St Louis, MO | $0 | $29,300,416 |
P H P Inc Hopkinsville, KY | $1,496,354 | $24,438,058 |