Debicki Foundation is located in Chicago, 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. Debicki 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, Debicki Foundation generated $113.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Debicki Foundation has awarded 117 individual grants totaling $3,570,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenton J Klaus Treasurer, Director | 2 | $0 | |
Martin H Tish President, Director | 2 | $0 | |
Clifford Panczyk Vice President, Secretary, Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $488,663 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$376,351 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,568 |
Total Revenue | $113,880 |
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 | $97,313 |
Total operating and administrative expenses | $139,056 |
Contributions, gifts, grants paid | $955,000 |
Total expenses and disbursements | $1,094,056 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $64,246 |
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 | $4,768 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $12,726,890 |
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 |
Over the last fiscal year, Debicki Foundation has awarded $955,000 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
ACCESS LIVING OF METROPOLITAN CHICAGO PURPOSE: DISABILITY AND COMMUNITY OUTREACH | $5,000 |
ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION PURPOSE: MEDICAL RESEARCH | $50,000 |
AMERICAN CANCER SOCIETY PURPOSE: MEDICAL RESEARCH | $35,000 |
AMERICAN HEART ASSOCIATION PURPOSE: MEDICAL RESEARCH | $30,000 |
ANN AND ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO PURPOSE: MEDICAL RESEARCH | $75,000 |
ARTHRITIS FOUNDATION PURPOSE: MEDICAL RESEARCH | $30,000 |