Dz Liebmann Fund 7428018
- Assets
- $19.0m
- Revenue
- $907.8k
- Investments
- $18.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/1993
- Data as of
- 12/2023
- EIN
- 13-3682433
Organization Overview
Dz Liebmann Fund 7428018 is located in Chicago, IL. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dz Liebmann Fund 7428018 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, Dz Liebmann Fund 7428018 generated $907.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Dz Liebmann Fund 7428018 has awarded 163 individual grants totaling $4,941,328. 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 |
|---|---|---|---|
Name Not Listed Trustee | 2 | $188,827 | |
Missak Haigentz Program Coordinator | 8 | $65,000 | |
Carol Aslanian Commitee Member | 1 | $5,000 | |
Dr Stephan H Astourian Commitee Member | 1 | $5,000 | |
Kevork B Bardakjian Commitee Member | 1 | $5,000 | |
Dr Krikor Maksoudian Commitee Member | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $635,677 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $272,083 |
| Capital Gain Net Income | $272,083 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $907,760 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $273,827 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,536 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $303,113 |
| Contributions, gifts, grants paid | $1,062,022 |
| Total expenses and disbursements | $1,365,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,721 |
| Savings and temporary cash investments | $281,232 |
| 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 | $1,088,154 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,964,924 |
| 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, Dz Liebmann Fund 7428018 has awarded $1,062,022 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
SHANT H MAHROKHIAN PURPOSE: SCHOLARSHIP | $86,359 |
ARTHUR IPEK PURPOSE: SCHOLARSHIP | $14,250 |
KEVIN WORAM PURPOSE: SCHOLARSHIP | $11,864 |
LAUREN BRADFORD PURPOSE: SCHOLARSHIP | $35,000 |
SEAN NONNENMACHER PURPOSE: SCHOLARSHIP | $9,500 |
MAYA MARTIROSSYAN PURPOSE: SCHOLARSHIP | $23,750 |