Fulk Family Foundation Inc

The information for Fulk Family Foundation Inc is as of the organization's most recent filing in July '22. This organization is located in Chicago, IL. It has been in existence for 32 years, following its founding in 1990.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Fulk Family Foundation Inc's NTEE code is T20. This means that it falls under the classification of Philanthropy, Voluntarism & Grantmaking Foundations. As a Private Grantmaking Foundation, the Fulk Family Foundation Inc is a nongovernmental, nonprofit organization that manages funds and programs through its own trustees or directors. Its purpose is to support social, educational, religious, and other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the organization is classified as a 501(c)(3) organization, which means it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work, according to the Internal Revenue Code.

Program Areas

Within the general fund, the organization does not engage in any direct charitable activities.

Grant History

Our dataset includes eight years of grant history for the Fulk Family Foundation Inc. Over the course of these eight years, they have awarded a total of 1,242 grants, with an average check size of $377,407. On average, the foundation awards 155 grants each year. The majority of their grants are awarded in the Education sector, with 177 grants in this category. They also frequently award grants in the Arts, Culture & Humanities sector (161 grants) and the Health Care sector (71 grants). When it comes to geographical distribution, the foundation most frequently awards grants in Illinois (766 grants), followed by Nebraska (173 grants), Indiana (101 grants), and New York (43 grants), among others.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Forvis Llp
$50,120
Foundation Source
$129,700
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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $3,568,149
Net Rental Income$0
Net Gain on Sale of Assets $1,576,449
Capital Gain Net Income $1,576,449
Net ST Capital Gain $0
Income Modifications $891,768
Profit on Inventory Sales $0
Other Income $42,633
Total Revenue $5,187,231

Grants Awarded

Over the last fiscal year, Fulk Family Foundation Inc has awarded $66,514,077 in support to 167 organizations.

Grant RecipientAmount

Lincoln, NE

PURPOSE: BUILDING CAMPAIGN

$5,000,000

WAUKEGAN PARK DISTRICT

PURPOSE: LIBRARY RENOVATION

$4,750,000

UNIVERSITY OF CHICAGO

Org PageRecipient Profile

Chicago, IL

PURPOSE: TMW CENTER

$2,800,000

LYRIC OPERA OF CHICAGO

Org PageRecipient Profile

Chicago, IL

PURPOSE: MILLENNIUM PARK CONCERT

$2,500,000

ERIKSON INSTITUTE

Org PageRecipient Profile

Chicago, IL

PURPOSE: EDUCATION PROGRAMS

$2,200,000

PRESERVATION FOUNDATION OF THE LAKECOUNTY FOREST P

Org PageRecipient Profile

Libertyville, IL

PURPOSE: EDUCATION CENTER

$2,000,000
View Grant Profile

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