Haag Family Foundation
- Assets
- $24.5m
- Revenue
- $1.9m
- Investments
- $24.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 41-1885356
Organization Overview
Haag Family Foundation is located in Chicago, IL. The organization was established in 1997. 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. Haag Family 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, Haag Family Foundation generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Haag Family Foundation has awarded 215 individual grants totaling $6,032,145. 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 |
|---|---|---|---|
Gregg Gohlke President, T | 0 | $65,833 | |
Nancy Haag Jarvinen Vice Preside | 0 | $65,833 | |
Steven Gohlke Director | 0 | $0 | |
Kristen Gohlke Director | 0 | $0 | |
Brian R Gohlke Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $50,528 |
| Dividends & Interest | $601,875 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,253,609 |
| Capital Gain Net Income | $406,108 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,874 |
| Total Revenue | $1,922,886 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,666 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $10,073 |
| Interest | $0 |
| Taxes | $21,317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $143,139 |
| Total operating and administrative expenses | $310,155 |
| Contributions, gifts, grants paid | $1,247,967 |
| Total expenses and disbursements | $1,558,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,607 |
| 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 | $7,500 |
| Total assets | $24,482,645 |
| Accounts payable and accrued expenses | $4,785 |
| 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 | $4,785 |
Grants Awarded
Over the last fiscal year, Haag Family Foundation has awarded $1,247,967 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S MINNESOTA FOUNDATION PURPOSE: GENERAL PURPOSE | $160,000 |
Minneapolis, MN PURPOSE: GENERAL PURPOSE | $147,500 |
UNIVERSITY OF MINNESOTA SCHOLARSHIP PURPOSE: GENERAL PURPOSE | $105,524 |
COURAGE KENNY FOUNDATION PURPOSE: GENERAL PURPOSE | $100,000 |
HUNTINGTON'S DISEASE PURPOSE: GENERAL PURPOSE | $80,000 |
URBAN VENTURES PURPOSE: GENERAL PURPOSE | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |