Virginia Burns Private Charitable Foundation
- Assets
- $690.0k
- Revenue
- -$172.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Morrison, IL
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 45-6255849
Organization Overview
Virginia Burns Private Charitable Foundation is located in Morrison, IL. The organization was established in 2011. 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. Virginia Burns Private Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Virginia Burns Private Charitable Foundation has awarded 110 individual grants totaling $255,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Kilgus Trustee | 0.5 | $2,000 | |
Amy Kilgus-Chamley Trustee | 0.5 | $2,000 | |
Adam Kilgus Trustee | 0.5 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,419 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$189,067 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $28 |
| Total Revenue | -$172,620 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,372 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58 |
| Total operating and administrative expenses | $21,680 |
| Contributions, gifts, grants paid | $48,000 |
| Total expenses and disbursements | $69,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,043 |
| Savings and temporary cash investments | $685,944 |
| 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 | $689,987 |
| 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, Virginia Burns Private Charitable Foundation has awarded $48,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
WVIK PUBLIC RADIO PURPOSE: PROMOTE THE ARTS | $500 |
TIMBERLAKE PLAYHOUSE PURPOSE: PROMOTE THE ARTS | $1,000 |
ODELL PUBLIC LIBRARY PURPOSE: PROMOTE THE ARTS | $1,000 |
NORTHERN SKY THEATER PURPOSE: PROMOTE THE ARTS | $1,000 |
FRANCIS HARDY GALLERY PURPOSE: PROMOTE THE ARTS | $500 |
WOODLAWN ARTS ACADEMY PURPOSE: PROMOTE THE ARTS | $1,000 |