Renaissance Fund Nfp
- Assets
- $2.8m
- Revenue
- $138.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/2019
- Data as of
- 12/2023
- EIN
- 84-2952123
Organization Overview
Renaissance Fund Nfp is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renaissance Fund Nfp 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, Renaissance Fund Nfp generated $138.3k 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 (54.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Renaissance Fund Nfp has awarded 288 individual grants totaling $4,232,978. 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 |
|---|---|---|---|
Steven M Laduzinsky President | 40 | $188,100 | |
Wesley A Stinich Vice President | 20 | $50,160 | |
Ann M Karavitis Treasurer | 20 | $38,874 | |
Lisa M Green Secretary | 35 | $57,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pedersen & Houpt | 12/30/19 | $94,443 |
Leinenweber Baroni Daffada Llc | 12/30/19 | $57,181 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $85,230 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,115 |
| Capital Gain Net Income | $53,115 |
| Net ST Capital Gain | $53,115 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $138,345 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $334,134 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $145,358 |
| Interest | $51,548 |
| Taxes | -$20,000 |
| Depreciation | $2,525 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,395 |
| Printing and publications | $0 |
| Other expenses | $26,309 |
| Total operating and administrative expenses | $564,007 |
| Contributions, gifts, grants paid | $544,694 |
| Total expenses and disbursements | $1,108,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,259 |
| 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 | $1,750 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,933 |
| Other assets | $0 |
| Total assets | $2,830,243 |
| Accounts payable and accrued expenses | $17,138 |
| Grants payable | $193,714 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1 |
| Total liabilities | $210,853 |
Grants Awarded
Over the last fiscal year, Renaissance Fund Nfp has awarded $783,964 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
ST MICHAEL'S ORTHODOX CHURCH PURPOSE: ENDOWMENT FUND DONATION | $5,000 |
GENEVA COLLEGE PURPOSE: SCHOLARSHIP | $2,500 |
HELLENIC BAR ASSOCIATION FOUNDATION PURPOSE: 2023 SCHOLARSHIP PROGRAM DONATION | $5,000 |
ST VLADIMIR'S ORTH THEOLOGICAL SEMI PURPOSE: SCHOLARSHIP | $2,500 |
THE UNIVERSITY OF ARIZONA PURPOSE: SCHOLARSHIP | $2,500 |
DUQUESNE UNIVERSITY PURPOSE: SCHOLARSHIP | $2,500 |