National Recreation Foundation Inc
- Assets
- $54.0m
- Revenue
- $7.8m
- Investments
- $50.1m
- Employees
- 0
- Location
- Lake Forest, IL
- Founding
- 03/1965
- Data as of
- 12/2021
- EIN
- 13-6172514
Organization Overview
National Recreation Foundation Inc is located in Lake Forest, IL. The organization was established in 1965. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Recreation Foundation Inc 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 12/2021, National Recreation Foundation Inc generated $7.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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.
Since 2015, National Recreation Foundation Inc has awarded 618 individual grants totaling $22,888,132. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL RECREATION FOUNDATION HOSTED A SERIES OF VIRTUAL CAPACITY-BUILDING WORKSHOPS/TRAININGS FOR CURRENT, FORMER AND PROSPECTIVE GRANTEES IN 2021 (E.G. INCLUSIVE PHILANTHROPY, STRATEGIC STORYTELLING, AND POWER OF POSITIVE COACHING). ADDITIONALLY, THE FOUNDATION LAUNCHED SEVERAL COHORTS OF FACILITATED PEER LEADERSHIP CIRCLES FOR GRANTEES TO SUPPORT NONPROFIT LEADERS DURING UNCERTAIN TIMES. THESE WORKSHOPS, TRAININGS AND COACHING ARE OFFERED AT NO COST TO THE PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sophia B Twichell President & CEO | 40 | $219,523 | |
Joseph B Anderson Jr Trustee/chair | 2 | $0 | |
Endicott P Davison Jr Trustee/chair-Elect As Of 11/6/21 | 1 | $0 | |
R Thayer Tutt Jr Trustee/treasurer | 2 | $0 | |
Darryl L Taylor Trustee/secretary | 1 | $0 | |
Kim Moore Bailey Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,006,650 |
| Interest on Savings | $162,529 |
| Dividends & Interest | $432,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,161,161 |
| Capital Gain Net Income | $6,161,161 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,763,187 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $274,638 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $13,690 |
| Interest | $0 |
| Taxes | $111,081 |
| Depreciation | $0 |
| Occupancy | $43,401 |
| Travel, conferences, and meetings | $14,643 |
| Printing and publications | $120 |
| Other expenses | $38,811 |
| Total operating and administrative expenses | $854,046 |
| Contributions, gifts, grants paid | $1,763,115 |
| Total expenses and disbursements | $2,617,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,743,760 |
| 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 | $45,042 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $42,100,084 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $80,091 |
| Total assets | $54,011,615 |
| Accounts payable and accrued expenses | $40,819 |
| Grants payable | $1,297,365 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $230,886 |
| Total liabilities | $1,569,070 |
Grants Awarded
Over the last fiscal year, National Recreation Foundation Inc has awarded $3,474,852 in support to 107 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN & NATURE NETWORK PURPOSE: IN SUPPORT OF RECREATION PROGRAMMING THAT GETS ALL YOUTH ACTIVE AND OUTDOORS | $280,000 |
PARA LA NATURALEZA PURPOSE: AFTER SCHOOL IMMERSION IN NATURE PROGRAM | $140,000 |
Cincinnati, OH PURPOSE: IN SUPPORT OF RECREATION PROGRAMMING THAT GETS ALL YOUTH ACTIVE AND OUTDOORS | $100,000 |
Chicago, IL PURPOSE: IN SUPPORT OF RECREATION PROGRAMMING THAT GETS ALL YOUTH ACTIVE AND OUTDOORS | $100,000 |
New York, NY PURPOSE: IN SUPPORT OF RECREATION PROGRAMMING THAT GETS ALL YOUTH ACTIVE AND OUTDOORS | $100,000 |
New York, NY PURPOSE: IN SUPPORT OF RECREATION PROGRAMMING THAT GETS ALL YOUTH ACTIVE AND OUTDOORS | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indianapolis Parks Foundation Inc Indianapolis, IN | $2,785,719 | $1,402,836 |
Hunt And Diane Harris Family Foundation Moline, IL | $0 | $164,820 |
Camp Nageela Midwest Inc Skokie, IL | $3,818,884 | $3,295,001 |
National Recreation Foundation Inc Lake Forest, IL | $54,011,615 | $7,763,187 |
Iowa Sports Foundation Ames, IA | $1,349,375 | $1,610,513 |
Capital Access Corporation Louisville, KY | $1,120,026 | $636,362 |
Friends Of Big Marsh Chicago, IL | $158,301 | $422,082 |
St Louis National Charity Horse Show Defiance, MO | $108,222 | $561,071 |
Cope Environmental Center Inc Centerville, IN | $2,793,518 | $403,692 |
Warren County Y M C A Foundation Inc Monmouth, IL | $7,688,047 | $218,593 |
Campout For Kids Chicago, IL | $328,388 | $396,250 |
Pgalex Inc Lexington, KY | -$2,828 | $0 |