Cast Water Safety Foundation
- Assets
- $2.9m
- Revenue
- $804.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-1243277
Organization Overview
Cast Water Safety Foundation is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Cast Water Safety 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, Cast Water Safety Foundation generated $804.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $745.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Cast Water Safety Foundation has awarded 296 individual grants totaling $216,985. 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
INSTRUCTOR CERTIFICATION AND MENTORSHIP PROGRAM - THE FOUNDATION OFFERS GRANTS TO THOSE INDIVIDUALS DESIRING TO BECOME INSTRUCTORS TO ASSIST IN OFFSETTING COSTS ASSOCIATED WITH TRAINING TO BECOME AN INFANT SWIM RESOURCE ("ISR") CERTIFIED INSTRUCTOR. AS PART OF THE ISR INSTRUCTOR CERTIFICATION PROGRAM, THE FOUNDATION PAYS THE COST TO TRAIN THE AWARD RECIPIENT AS AN ISR-CERTIFIED INSTRUCTOR, UNDER THE CONDITION THAT THE AWARD RECEPIENT WILL THEN VOLUNTEER TO TRAIN CHILDREN AGED 6 MONTHS TO 8 YEARS OLD IN THE GREATER CHICAGOLAND AREA IN ISR PHILOSOPHIES AND METHODOLOGIES. THE FOUNDATION ALSO OFFERS STIPENDS TO ISR "MASTER INSTRUCTORS" WHO PARTICIPATE IN THE TRAINING AND CONTINUED MENTORSHIP OF NEW ISR-CERTIFIED INSTRUCTORS IN BOTH CASES, THE AWARD RECEIPIENTS WILL BE INSTRUCTED IN ISR PHILOSOPHIES AND METHODOLOGIES DESIGNED TO REDUCE THE RISKS OF ACCIDENTAL CHILDHOOD DROWNING. THE FOUNDATION INTENDS TO MAKE ISR INSTRUCTOR CERTIFICATION SCHOLARSHIPS AND MASTER INSTRUCTOR STIPENDS.
ISR STUDENT TUITION - AS PART OF THE ISR SWIM LESSON SCHOLARSHIP PROGRAM, THE FOUNDATION WILL PAY UP TO 100% OF THE COST TO INSTRUCT THE AWARD RECIPIENT IN ISR PHILOSOPHIES TO INCREASE AWARENESS AND REDUCE THE RISKS OF CHILDHOOD DROWNING. AWARD RECEPIENTS WILL GENERALLY BE TRAINED IN ISR PHILOSOPHIES AND METHODOLOGIES AT THE FOUNDATION'S DEDICATED SWIMMING AND EDUCATION FACILITY BECAUSE THERE ARE LIMITED (OR NO) OTHER INSTITUTIONS PROVIDING THIS TRAINING IN THE GREATER CHICAGOLAND AREA. THE FOUNDATION INTENDS TO AWARD ISR SWIM LESSON SCHOLARSHIPS EACH MONTH, DEPENDING ON THE AVAILABILITY OF CERTIFIED INSTRUCTORS TO EDUCATE AND TRAIN THE CHILDREN, THE NUMBER OF QUALIFYING APPLICANTS, AND THE ASSETS OF THE FOUNDATION AVAILABLE TO PAY. SCHOLARSHIPS AID IN OFFSETTING THE COST OF SWIM LESSIONS, WITH A FOCUS ON ASSISTING CHILDREN OF TEACHERS, FIRST RESPONDERS, NURSES AND MILITARY FAMILIES. CAST WILL ALSO PROVIDE SCHOLARSHIPS TO FAMILIES WITH LOW INCOME, SPECIAL NEEDS AND DISABILITIES.
AWARENESS, EDUCATION, AND RESEARCH PROGRAM THE FOUNDATION COMMITS RESOURCES TO RAISE AWARENESS OF THE DANGERS OF WATER-RELATED ACCIDENTS, EDUCATE INDIVIDUALS, FAMILIES, AND THE COMMUNITY ABOUT THE DANGERS OF WATER-RELATED FACTORS AND METHODOLOGIES TO PREVENT DROWNING, AND FUND RESEARCH INTO THE CAUSES OF CHILDHOOD DROWNING. THE AWARENESS AND EDUCATION PROGRAMS WILL FURTHER AMPLIFY THE RESULTS OF THE RESEARCH, WHICH REVEALS THE NEED TO REVOLUTIONIZE THE WAY WE APPROACH WATER SAFETY FOR INFANTS AND YOUNG CHILDREN AS MAINSTREAM PRESCHOOL FORMAL SWIMMING LESSON CURRICULUMS DO NOT PROMOTE, OR RESULT IN, THE ACQUISITION OF EFFECTIVE AQUATIC SURVIVAL SKILLS, SPECIFICALLY THE ABILITY TO INDEPENDENTLY ROLL OVER TO FLOAT, REST, AND BREATHE. THE RESEARCH IS INTENDED TO BE PRESENTED TO THE BROADER MEDICAL COMMUNITY AND DESIGNED TO AFFECT POLICY CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Bernick Huber President/executive Direct | 40 | $0 | |
Daniel Huber Vice President/secretary | 1 | $0 | |
Carol L Bernick Director | 1 | $0 | |
Andrew C Langert-Thru 33022 Director/treas | 1 | $0 | |
Debra Grinnell Director | 1 | $0 | |
Patrick Moore-As Of 33022 Director/treas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $706,490 |
| Interest on Savings | $11 |
| Dividends & Interest | $0 |
| Net Rental Income | $3,871 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $94,277 |
| Total Revenue | $804,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $252,080 |
| Pension plans, employee benefits | $64,353 |
| Interest | $0 |
| Taxes | $37,663 |
| Depreciation | $71,964 |
| Occupancy | $50,466 |
| Travel, conferences, and meetings | $2,815 |
| Printing and publications | $0 |
| Other expenses | $151,609 |
| Total operating and administrative expenses | $676,758 |
| Contributions, gifts, grants paid | $68,440 |
| Total expenses and disbursements | $745,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $135,260 |
| Net Accounts receivable | $9 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,791,214 |
| Other assets | $0 |
| Total assets | $2,926,483 |
| Accounts payable and accrued expenses | $9,707 |
| 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 | $9,707 |
Grants Awarded
Over the last fiscal year, Cast Water Safety Foundation has awarded $68,440 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LAURA KRILLIC PURPOSE: ISR INSTRUCTOR TRAINING | $12,500 |
TAYLOR IVEY PURPOSE: ISR INSTRUCTOR TRAINING | $12,500 |
KAREN CHAVEZ PURPOSE: ISR INSTRUCTOR TRAINING | $2,750 |
SCHOLORSHIPS - DETAIL UPON REQUEST PURPOSE: ISR STUDENT INSTRUCTION | $38,480 |
MEGAN MERIT PURPOSE: ISR INSTRUCTOR TRAINING | $1,810 |
MICHAEL PETRELLA PURPOSE: ISR INSTRUCTOR TRAINING | $400 |