A E Staley Jr Foundation is located in Decatur, IL. The organization was established in 1956. 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. A E Staley Jr 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 12/2022, A E Staley Jr Foundation generated $60.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $422.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, A E Staley Jr Foundation has awarded 174 individual grants totaling $1,999,500. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $120,348 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$59,601 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,747 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,765 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,530 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95,341 |
| Total operating and administrative expenses | $122,211 |
| Contributions, gifts, grants paid | $300,500 |
| Total expenses and disbursements | $422,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,381 |
| Savings and temporary cash investments | $0 |
| 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 | $2,729,067 |
| 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 |
Over the last fiscal year, A E Staley Jr Foundation has awarded $300,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
RICHLAND COMMUNITY COLLEGE FOUNDATION PURPOSE: UNRESTRICTED USE | $5,000 |
DUCKS UNLIMITED INC PURPOSE: UNRESTRICTED USE | $5,000 |
SALVATION ARMY PURPOSE: UNRESTRICTED USE | $3,000 |
MILLIKIN UNIVERSITY PURPOSE: UNRESTRICTED USE | $30,000 |
UNITED WAY OF DECATUR & MACON COUNTY PURPOSE: UNRESTRICTED USE | $20,000 |
AMERICAN CANCER SOCIETY-ILLINOIS DIV PURPOSE: UNRESTRICTED USE | $20,000 |