Elm Family Foundation
- Assets
- $43.1m
- Revenue
- $7.1m
- Investments
- $43.0m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 04/2015
- Data as of
- 12/2023
- EIN
- 47-6500826
Organization Overview
Elm Family Foundation is located in Northbrook, IL. The organization was established in 2015. 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. Elm 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 12/2023, Elm Family Foundation generated $7.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Elm Family Foundation has awarded 122 individual grants totaling $14,052,569. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,312,862 |
| Interest on Savings | $0 |
| Dividends & Interest | $716,608 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,521 |
| Capital Gain Net Income | $40,521 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,069,991 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,420 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $38,954 |
| Contributions, gifts, grants paid | $2,042,959 |
| Total expenses and disbursements | $2,081,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $12,186 |
| Net Accounts receivable | $93,988 |
| 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 | $43,004,760 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $43,110,934 |
| 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, Elm Family Foundation has awarded $2,042,959 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE IDF PURPOSE: UNRESTRICTED | $15,759 |
FRIENDS OF ELNET PURPOSE: UNRESTRICTED | $185,000 |
THE UNIVERSITY OF CHICAGO MEDICINE PURPOSE: UNRESTRICTED | $1,025,000 |
STANDWITHUS PURPOSE: UNRESTRICTED | $265,000 |
SOLOMON SCHECTER DAY SCHOOL PURPOSE: UNRESTRICTED | $107,200 |
MORIAH CONGREGATION PURPOSE: UNRESTRICTED | $25,000 |