Haag Family Foundation
- Assets
- $22.5m
- Revenue
- $845.7k
- Investments
- $22.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1997
- Data as of
- 12/2023
- 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 12/2023, Haag Family Foundation generated $845.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Haag Family Foundation has awarded 358 individual grants totaling $10,550,550. 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 |
|---|---|---|---|
Nancy Haag Jarvinen Vice Preside | 0 | $70,000 | |
Gregg Gohlke President, T | 0 | $70,000 | |
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 | $48,135 |
| Dividends & Interest | $613,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $168,215 |
| Capital Gain Net Income | $161,472 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,086 |
| Total Revenue | $845,686 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $140,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $10,710 |
| Interest | $0 |
| Taxes | $19,289 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,608 |
| Printing and publications | $0 |
| Other expenses | $124,402 |
| Total operating and administrative expenses | $300,439 |
| Contributions, gifts, grants paid | $1,363,539 |
| Total expenses and disbursements | $1,663,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $22,543,932 |
| 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, Haag Family Foundation has awarded $1,363,539 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
COOKIE CART PURPOSE: GENERAL PURPOSE | $50,000 |
UNIVERSITY OF MINNESOTA SCHOLARSHIP PURPOSE: GENERAL PURPOSE | $96,081 |
UNIVERSITY OF MINNESOTA FOUNDATION PURPOSE: GENERAL PURPOSE | $30,000 |
PRESBYTERIAN HOMES FOUNDATION PURPOSE: GENERAL PURPOSE | $10,000 |
NORTHERN STAR COUNCIL BSA PURPOSE: GENERAL PURPOSE | $5,000 |
CHICAGO JESUIT ACADEMY PURPOSE: GENERAL PURPOSE | $100,000 |