Allstate Foundation

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. Allstate 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 12/2021, Allstate Foundation generated $31.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.6% each year . All expenses for the organization totaled $39.9m during the year ending 12/2021. While expenses have increased by 16.3% per year over the past 4 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.

Since 2021, Allstate Foundation has awarded 2,469 individual grants totaling $37,011,475. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

YOUTH EMPOWERMENT PROGRAMS REPRESENTS 37.86% OF TOTAL GRANTS IN 2020


COMMUNITY LEADERSHIP REPRESENTS 17.71% OF TOTAL GRANTS IN 2020


DOMESTIC VIOLENCE PROGRAMS REPRESENTS 13.37% OF TOTAL GRANTS IN 2020


AGENCY OWNER INDIVIDUAL HELPING HANDS GRANTS REPRESENTS 10.84% OF TOTAL GRANTS IN 2020


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Meta Platforms Inc
$0
Tessa Films Inc
$0
Dun Bradstreet Inc
$0
Starcom Worldwide Inc
$666,800
Starcom Worldwide Inc
$0
Golinharris International Inc
$0
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $26,530,144
Interest on Savings $975
Dividends & Interest $1,497,877
Net Rental Income$0
Net Gain on Sale of Assets -$148,007
Capital Gain Net Income $22,403,221
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $3,396,625
Total Revenue $31,277,614

Grants Awarded

Over the last fiscal year, Allstate Foundation has awarded $37,011,475 in support to 2,469 organizations.

Grant RecipientAmount

New York, NY

PURPOSE: EQUITY IN THE CLASSROOM MATCH AND GIFT CARDS

$2,000,000

CHARITIES AID FOUNDATION AMERICA

PURPOSE: Q2 MATCHING GIFTS FOR 501C3, MATCHING GIFTS FOR HI

$1,012,423

CENTER FOR EMPLOYMENT OPPORTUNITIES INC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL OPERATING GRANT

$1,000,000

Chicago, IL

PURPOSE: GENERAL OPERATING GRANT

$1,000,000

Boston, MA

PURPOSE: PROXIMATE CAPITAL

$1,000,000

ECHOING GREEN INC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL OPERATING GRANT

$1,000,000
View Grant Profile

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