Michael J Cushing Family Foundation

Organization Overview

Michael J Cushing Family Foundation is located in Chicago, IL. The organization was established in 2013. 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. Michael J Cushing 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, Michael J Cushing Family Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.2% each year . All expenses for the organization totaled $402.9k during the year ending 12/2021. While expenses have increased by 16.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Michael J Cushing Family Foundation has awarded 61 individual grants totaling $987,250. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $589,889
Interest on Savings $0
Dividends & Interest $132,213
Net Rental Income$0
Net Gain on Sale of Assets $490,983
Capital Gain Net Income $490,983
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $4,038
Total Revenue $1,217,123

Grants Awarded

Over the last fiscal year, Michael J Cushing Family Foundation has awarded $325,000 in support to 6 organizations.

Grant RecipientAmount

AMREF HEALTH AFRICA IN THE USA

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL PURPOSES

$100,000

New York, NY

PURPOSE: GENERAL PURPOSES

$100,000

THEOSOPHICAL SOCIETY IN AMERICA

Org PageRecipient Profile

Wheaton, IL

PURPOSE: GENERAL PURPOSES

$100,000

HUMANITARIAN SERVICE PROJECT

Org PageRecipient Profile

Carol Stream, IL

PURPOSE: GENERAL PURPOSES

$15,000

HOPE FAIR HOUSING CENTER

Org PageRecipient Profile

Wheaton, IL

PURPOSE: GENERAL PURPOSES

$5,000

Chicago, IL

PURPOSE: GENERAL PURPOSES

$5,000
View Grant Profile

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