Rossman Family Foundation is located in Chicago, IL. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Rossman 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 12/2021, Rossman Family Foundation generated $198.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $583.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Rossman Family Foundation has awarded 185 individual grants totaling $5,012,019. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard M Rossman Pres/treas | 0.25 | $0 | |
Beverly G Rossman Secretary | 0.25 | $0 | |
Jeremy Rossman Vice President | 0 | $0 | |
Erin Rossman Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $4 |
Dividends & Interest | $111,984 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $82,893 |
Capital Gain Net Income | $82,893 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $3,788 |
Total Revenue | $198,669 |
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 | $10 |
Total operating and administrative expenses | $15,827 |
Contributions, gifts, grants paid | $567,305 |
Total expenses and disbursements | $583,132 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,542,211 |
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 | $6,568,386 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $8,266,972 |
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 |
Over the last fiscal year, Rossman Family Foundation has awarded $475,000 in support to 18 organizations.
Grant Recipient | Amount |
---|---|
ACCELERATE CHANGE PURPOSE: GENERAL PURPOSES | $20,000 |
ALBANY PARK THEATER PROJECT PURPOSE: GENERAL PURPOSES | $15,000 |
CHICAGO PUBLIC MEDIA - WBEZ PURPOSE: GENERAL PURPOSES | $10,000 |
CHILDREN'S PLACE INTERNATIONAL PURPOSE: GENERAL PURPOSES | $35,000 |
CIVIC LEADERSHIP FOUNDATION PURPOSE: GENERAL PURPOSES | $210,000 |
COMPASSION & CHOICES PURPOSE: GENERAL PURPOSES | $10,000 |