Rob Koranda Scholarship Foundation
- Assets
- $475.7k
- Revenue
- $89.0k
- Investments
- $346.9k
- Employees
- 0
- Location
- Naperville, IL
- Founding
- 04/2004
- Data as of
- 12/2021
- EIN
- 36-7417496
Organization Overview
Rob Koranda Scholarship Foundation is located in Naperville, IL. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Rob Koranda Scholarship 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, Rob Koranda Scholarship Foundation generated $89.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $92.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Rob Koranda Scholarship Foundation has awarded 45 individual grants totaling $237,542. 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 |
|---|---|---|---|
Kenneth R Koranda Trustee | 1 | $0 | |
Susan W Koranda Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $71,213 |
| Interest on Savings | $228 |
| Dividends & Interest | $12,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,964 |
| Capital Gain Net Income | $4,964 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,006 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $503 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,427 |
| Total operating and administrative expenses | $44,066 |
| Contributions, gifts, grants paid | $48,279 |
| Total expenses and disbursements | $92,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $128,814 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $475,713 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Rob Koranda Scholarship Foundation has awarded $48,279 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
VANDERBILT UNIVERSITY - BRIDGET BRUEBACH PURPOSE: SCHOLARSHIPSCHOLARSHIP | $7,500 |
UNIVERSITY OF IOWA - JILLIAN CARROLL PURPOSE: SCHOLARSHIP | $7,500 |
NORTHWESTERN UNIVERSITY - JACOB SCHARM PURPOSE: SCHOLARSHIPSCHOLARSHIP | $7,500 |
VANDERBILT UNIVERSITY - MICHAEL BRUEBACH PURPOSE: SCHOLARSHIP | $7,500 |
ARIZONA STATE UNIVERSITY - SARAH WASTEK PURPOSE: SCHOLARSHIP | $7,500 |
UNIVERSITY OF ST THOMAS - JACK BARRY PURPOSE: SCHOLARSHIP | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rob Koranda Scholarship Foundation has recieved totaling $3,025.
| Awarding Organization | Amount |
|---|---|
Koranda Family Foundation Clarendon Hills, IL PURPOSE: CHARITABLE | $3,025 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
Klaff Family Foundation Chicago, IL | $171,629,374 | $12,167,429 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
The Pritzker Pucker Family Foundation Chicago, IL | $63,807,485 | $11,921,924 |
The Hagan Scholarship Foundation Columbia, MO | $259,194,852 | $64,132,818 |
Sunshine Charitable Foundation Libertyville, IL | $0 | $4,219,972 |
Tracy Family Foundation Mt Sterling, IL | $19,754,710 | $6,714,098 |
Chicagobeyond Inc Chicago, IL | $1,837,444 | $0 |
Conduit Foundation Chicago, IL | $3,365,161 | $7,119,515 |
Anahata Foundation Chicago, IL | $150,849,919 | $3,685,553 |
Melitta S And Joan M Pick Charitable Trust Milwaukee, WI | $69,688,567 | $15,533,257 |