Exelon Foundation
- Assets
- $118.7m
- Revenue
- $15.6m
- Investments
- $96.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2008
- Data as of
- 12/2022
- EIN
- 83-0499473
Organization Overview
Exelon Foundation is located in Chicago, IL. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Exelon 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, Exelon Foundation generated $15.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $15.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Exelon Foundation has awarded 150 individual grants totaling $58,628,316. 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 |
|---|---|---|---|
Christopher Crane Past Chairman/director | 1.5 | $0 | |
Amy Best Director | 0.25 | $0 | |
Douglas J Brown Director | 0.25 | $0 | |
Marjorie Rodgers-Cheshire Director | 0.25 | $4,000 | |
Carter Culver Director | 0.25 | $0 | |
Aaron Koos Vice President/director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Icon Consultants | 12/30/21 | $116,915 |
Blackrock Financial Management Inc | 12/30/21 | $62,107 |
Troutman Pepper Hamilton Sanders | 12/30/21 | $59,264 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,913,109 |
| Interest on Savings | $670 |
| Dividends & Interest | $2,154,280 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,429,394 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,995 |
| Total Revenue | $15,640,660 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,692 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,634 |
| Total operating and administrative expenses | $426,994 |
| Contributions, gifts, grants paid | $14,792,603 |
| Total expenses and disbursements | $15,219,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,756 |
| Savings and temporary cash investments | $530,984 |
| Net Accounts receivable | $274,117 |
| Net Pledges Receivable | $17,905,109 |
| 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 | $43,770,987 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,132,293 |
| Total assets | $118,696,070 |
| Accounts payable and accrued expenses | $154,908 |
| Grants payable | $6,951,632 |
| 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 | $7,106,540 |
Grants Awarded
Over the last fiscal year, Exelon Foundation has awarded $16,542,603 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN AMERICAN MUSEUM IN PHILADELPHIA PURPOSE: GENERAL | $5,000 |
FAMILY ASSOCIATION OF NORTHFIELD PURPOSE: GENERAL | $5,000 |
FRIENDS OF COMPASS PURPOSE: GENERAL | $5,000 |
FUNDS 4 FIREFIGHTERS PURPOSE: GENERAL | $5,000 |
HARFORD COUNTY EDUCATION FOUNDATION PURPOSE: GENERAL | $5,000 |
PAN MASSACHUSETTS CHALLENGE PURPOSE: GENERAL | $5,000 |