Cnh Industrial Foundation
- Assets
- $2.1m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Burr Ridge, IL
- Founding
- 06/2017
- Data as of
- 12/2022
- EIN
- 47-2363945
Organization Overview
Cnh Industrial Foundation is located in Burr Ridge, IL. The organization was established in 2017. 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. Cnh Industrial 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 12/2022, Cnh Industrial Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Cnh Industrial Foundation has awarded 107 individual grants totaling $3,561,459. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian French Bd Chair/dir/pres (thru 12/22) | 0.3 | $0 | |
Maureen L Yax Sec, Dir (thru 12/22) | 0.25 | $0 | |
Athena Campos Director (thru 12/22) | 0.13 | $0 | |
Melinda Griffen Director (thru 12/22) | 0.17 | $0 | |
Michelle Javaherian Asst Secretary | 5.65 | $0 | |
Lisa Moran Director (thru 12/22) | 0.17 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,632,000 |
| Interest on Savings | $20,437 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,652,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $2,203 |
| Contributions, gifts, grants paid | $1,381,729 |
| Total expenses and disbursements | $1,383,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,776,327 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $312,000 |
| 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 | $2,088,327 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $483,340 |
| 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 | $483,340 |
Grants Awarded
Over the last fiscal year, Cnh Industrial Foundation has awarded $1,383,469 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ONLINE GIVING FOUNDATION INC PURPOSE: MATCHING FUNDS | $1,740 |
TEAM RUBICON PURPOSE: UNRESTRICTED READY RESERVE | $300,000 |
AMERICAN ONLINE GIVING FOUNDATION INC PURPOSE: MATCHING FUNDS | $2,345 |
LAKE AGASSIZ HABITAT FOR HUMANITY PURPOSE: 2022 SPARTAN BUILD | $10,000 |
RACINE HABITAT FOR HUMANITY PURPOSE: WOMEN BUILD | $10,000 |
HABITAT FOR HUMANITY OF BOONE COUNTY PURPOSE: WOMEN BUILD | $2,500 |