Landis Family Foundation
- Assets
- $4.6m
- Revenue
- $769.7k
- Investments
- $4.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 84-4325443
Organization Overview
Landis Family Foundation is located in Chicago, IL. 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. Landis Family 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, Landis Family Foundation generated $769.7k in total revenue. All expenses for the organization totaled $209.1k during the year ending 12/2022. While expenses have increased by 76.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATING DIRECT PATHWAYS TO ENABLE EQUITABLE ACCESS TO WORKFORCE AND ENTREPRENEURIAL OPPORTUNITIES IN THE MANUFACTURING INDUSTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory J Landis Director | 0 | $0 | |
David A Landis Director | 0 | $0 | |
James M Landis Director | 0 | $0 | |
Russel J Landis Director | 0 | $0 | |
Yvonne Martello Director | 0 | $0 | |
Lynda Russo Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $209,695 |
| Dividends & Interest | $117,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $442,731 |
| Capital Gain Net Income | $442,731 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $769,733 |
| 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 | $0 |
| Total operating and administrative expenses | $35,953 |
| Contributions, gifts, grants paid | $173,167 |
| Total expenses and disbursements | $209,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,829 |
| 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 | $1,563,556 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,553,836 |
| 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 |
Grants Awarded
Over the last fiscal year, Landis Family Foundation has awarded $173,167 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO POLICE FOUNDATION PURPOSE: CONTRIBUTION TO SUPPORT FUNDING THE INITIATIVE TO PROVIDE ALL CHICAGO POLICE OFFICERS TRAINED IN THE SPECIAL LAW ENFORCEMENT MEDICAL AND RESCUE TRAINING (LEMART) TECHNIQUE WITH CUSTOMIZED TREATMENT KITS. | $6,500 |
MHUB CHICAGO PURPOSE: PARTNERSHIP TO DEVELOP FELLOWSHIPS IN THE MHUB HARDTECH DEVELOPMENT SERVICES PROGRAM | $166,667 |