100 Thousand Foundation is located in Deerfield, IL. The organization was established in 2019. 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. 100 Thousand 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, 100 Thousand Foundation generated $172.3k in total revenue.
Since 2021, 100 Thousand Foundation has awarded 14 individual grants totaling $344,000. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Malnati President | 0 | $0 | |
David Brenner Secretary/treasurer/director | 0 | $0 | |
Dan Nikitas Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $171,250 |
| Interest on Savings | $1,075 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Total Revenue | $172,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,334 |
| Total operating and administrative expenses | $1,334 |
| Contributions, gifts, grants paid | $124,000 |
| Total expenses and disbursements | $125,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $152,718 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $154,718 |
| 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 |
Over the last fiscal year, 100 Thousand Foundation has awarded $124,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE BLOC CHICAGO PURPOSE: CHARITABLE DONATION | $50,000 |
ABC PILSEN PURPOSE: CHARITABLE DONATION | $20,000 |
INTERNATIONAL SPORTS PURPOSE: CHARITABLE DONATION | $35,000 |
BOYS HOPE GIRLS HOPE ILLINOIS PURPOSE: CHARITABLE DONATION | $4,000 |
EAST SIDE LITTLE LEAGUE PURPOSE: CHARITABLE DONATION | $10,000 |
CHICAGO BASEBALL AND EDUCATIONAL ACADEMY PURPOSE: CHARITABLE DONATION | $5,000 |