John R Flanagan Charitable Foundation
- Assets
- $31.1m
- Revenue
- $904.4k
- Investments
- $31.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-3101626
Organization Overview
John R Flanagan Charitable Foundation is located in Chicago, IL. The organization was established in 2016. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. John R Flanagan Charitable 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, John R Flanagan Charitable Foundation generated $904.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 44.2% each year . All expenses for the organization totaled $3.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John R Flanagan Charitable Foundation has awarded 32 individual grants totaling $6,537,671. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Wallenfelsz Chapman Cutler Co-Trustee | 0.5 | $182,272 | |
John Boyle Co-Trustee | 0.5 | $25,000 | |
David S Crossett Co-Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $98 |
| Interest on Savings | $0 |
| Dividends & Interest | $704,083 |
| Net Rental Income | -$3,073 |
| Net Gain on Sale of Assets | $199,402 |
| Capital Gain Net Income | $199,402 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $904,426 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $207,272 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,534 |
| Depreciation | $3,916 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,203 |
| Total operating and administrative expenses | $282,600 |
| Contributions, gifts, grants paid | $2,847,171 |
| Total expenses and disbursements | $3,129,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,611 |
| 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 | $195,475 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,062,591 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $500,000 |
| 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 | $500,000 |
Grants Awarded
Over the last fiscal year, John R Flanagan Charitable Foundation has awarded $2,847,171 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
FAMILY FORUM INC PURPOSE: FOR GENERAL CHARTIABLE PURPOSES | $38,850 |
FRIENDS OF NACHUSA PURPOSE: FOR GENERAL CHARITABLE PURPOSES | $25,000 |
FRIENDS OF THE APOSTEL ISLANDS NATIONAL PURPOSE: FOR GENERAL CHARITABLE PURPOSES | $50,000 |
DUKE UNIVERSITY CONC ACCOUNT PURPOSE: FOR GENERAL CHARITABLE PURPOSES | $198,321 |
GAD'S HILL PURPOSE: FOR GENERAL CHARTIABLE PURPOSES | $100,000 |
METROPOLITAN FAMILY SERVICES PURPOSE: FOR GENERAL CHARITABLE PURPOSES | $50,000 |