N Demos Foundation Inc
- Assets
- $4.0m
- Revenue
- $352.6k
- Investments
- $3.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1965
- Data as of
- 06/2024
- EIN
- 36-6165689
Organization Overview
N Demos Foundation Inc is located in Chicago, IL. The organization was established in 1965. 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. N Demos 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 06/2024, N Demos Foundation Inc generated $352.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $220.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, N Demos Foundation Inc has awarded 78 individual grants totaling $691,654. 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 |
|---|---|---|---|
Judge Paul Lillios Chairman/director | 2 | $0 | |
Mr Frederick Chapekis President/director | 2 | $0 | |
Ms Laura Mandel Treasurer/director | 2 | $0 | |
Mr Andrew Glick Secretary/director | 2 | $0 | |
Mr Alexander Zagoreos Director | 2 | $0 | |
Mr Jason Merchant Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $109,676 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $242,939 |
| Capital Gain Net Income | $242,939 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $352,615 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,371 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $265 |
| Total operating and administrative expenses | $61,527 |
| Contributions, gifts, grants paid | $158,925 |
| Total expenses and disbursements | $220,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $208,751 |
| Net Accounts receivable | $0 |
| 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 | $632,490 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,252 |
| Total assets | $3,987,642 |
| Accounts payable and accrued expenses | $15,118 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,118 |
Grants Awarded
Over the last fiscal year, N Demos Foundation Inc has awarded $158,925 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
SOTIR ORPHANAGE OF CEPHALONIA PURPOSE: FUNDS TOWARDS LIVING EXPENSES FOR FIVE RESIDENTS | $4,600 |
AMERICAN COLLEGE OF GREECE PURPOSE: FUNDS TOWARD DEMOS SCHOLARSHIPS | $14,000 |
AMERICAN FARM SCHOOL PURPOSE: FUNDS FOR FULL BOARDING SCHOLORSHIP | $14,000 |
AMERICAN SCHOOL OF CLASSICAL STUDIES THE GENNADIUS LIBRARY PURPOSE: FUNDS FOR EXPANSION AND RESEARCH | $11,500 |
AMIMONI PURPOSE: FUNDS FOR 24 HOUR RESIDENTIAL HOME FOR INDEPENDENT LIVING PROGRAM | $5,850 |
ANATOLIA COLLEGE PURPOSE: FUNDS FOR SCHOLARSHIP SUPPORT | $17,000 |