The Irving & Dorothy Rom Charitable Foundation Inc
- Assets
- $5.9m
- Revenue
- $99.3k
- Investments
- $5.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1987
- Data as of
- 12/2022
- EIN
- 59-2730088
Organization Overview
The Irving & Dorothy Rom Charitable Foundation Inc is located in Chicago, IL. The organization was established in 1987. 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. Irving & Dorothy Rom Charitable Foundation Inc 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, Irving & Dorothy Rom Charitable Foundation Inc generated $99.3k 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 (17.8%) each year. All expenses for the organization totaled $419.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Irving & Dorothy Rom Charitable Foundation Inc has awarded 43 individual grants totaling $1,451,042. 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
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Rom-Rymer Director | 2 | $0 | |
Symi Rom-Rymer Director | 0.5 | $0 | |
Gary Eisendorf Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,495 |
| Interest on Savings | $4,742 |
| Dividends & Interest | $119,133 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$51,157 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,067 |
| Total Revenue | $99,280 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,332 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,166 |
| Total operating and administrative expenses | $76,748 |
| Contributions, gifts, grants paid | $342,571 |
| Total expenses and disbursements | $419,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,493 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,676 |
| 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 | $4,906,103 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,851,705 |
| 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, The Irving & Dorothy Rom Charitable Foundation Inc has awarded $342,571 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ACWIS - NATIONAL OFFICE SCIENCE PURPOSE: GENERAL | $100,000 |
AMERICAN PSYCHOLOGICAL FOUNDATION PURPOSE: GENERAL | $70,000 |
AMITA ASCENSION ILLINOIS FOUNDATION PURPOSE: GENERAL | $52,571 |
NAMI ILLIONOIS PURPOSE: GENERAL | $5,000 |
NATIONAL REGISTER OF HEALTH SERVICE PROFESSIONALS PURPOSE: GENERAL | $5,000 |
PRINCETON UNIVERSITY PURPOSE: GLOBAL HEALTH AND POLICY FUND | $100,000 |