Carol Oppenheim And Jerome S Lamet Charitable Fund
- Assets
- $4.0m
- Revenue
- $4.0m
- Investments
- $3.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 86-3914311
Organization Overview
Carol Oppenheim And Jerome S Lamet Charitable Fund is located in Chicago, IL. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Carol Oppenheim And Jerome S Lamet Charitable Fund 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, Carol Oppenheim And Jerome S Lamet Charitable Fund generated $4.0m in total revenue. All expenses for the organization totaled $154.7k during the year ending 12/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter D Gottlieb President | 2 | $0 | |
Lisa Newman Director | 1 | $5,500 | |
Katy Walsh Director | 1 | $6,000 | |
Terry G Chapman Asst Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,129,681 |
| Interest on Savings | $959 |
| Dividends & Interest | $37,935 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$132,853 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,035,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,500 |
| 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 | $7,183 |
| Total operating and administrative expenses | $20,683 |
| Contributions, gifts, grants paid | $134,000 |
| Total expenses and disbursements | $154,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $382,912 |
| 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 | $26,130 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,045 |
| Total assets | $3,980,872 |
| 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, Carol Oppenheim And Jerome S Lamet Charitable Fund has awarded $134,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO CRED INC PURPOSE: GENERAL CHARITABLE PURPOSES | $14,000 |
LOCAL INDEPENDENT ONLINE NEWS PUBLISHERS INC PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
ALLIANCE CHICAGO PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
NATIONAL ASSOCIATION OF BLACK JOURNALISTS PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
BLOCK CLUB CHICAGO PURPOSE: GENERAL CHARITABLE PURPOSES | $7,500 |
READER INSTITUTE FOR COMMUNITY JOURNALISM PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |