Crain-Maling Foundation
- Assets
- $0.0
- Revenue
- -$1.7m
- Investments
- $40.1m
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 05/2006
- Data as of
- 10/2020
- EIN
- 20-4310219
Organization Overview
Crain-Maling Foundation is located in Deerfield, IL. The organization was established in 2006. 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. Crain-Maling Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Crain-Maling Foundation has awarded 109 individual grants totaling $1,357,810. 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 |
|---|---|---|---|
Beatrice G Crain Director | 40 | $280,109 | |
Michael S Maling Chairperson, CEO & Director | 40 | $280,109 | |
Marissa Iancu Co-President, Secretary & Director | 40 | $61,624 | |
Elise A Maling Co-President, Treasurer & Director | 30 | $48,769 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,810 |
| Interest on Savings | $242 |
| Dividends & Interest | $2,496,362 |
| Profit on Inventory Sales | $0 |
| Other Income | $967 |
| Total Revenue | -$1,718,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $857,772 |
| Pension plans, employee benefits | $18,134 |
| Depreciation | $5,753 |
| Occupancy | $46,041 |
| Travel, conferences, and meetings | $1,667 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,256,911 |
| Contributions, gifts, grants paid | $1,357,810 |
| Total expenses and disbursements | $2,614,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $551,114 |
| Investments—mortgage loans | $0 |
| Investments—other | $154,007 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $347,313 |
Grants Awarded
Over the last fiscal year, Crain-Maling Foundation has awarded $1,357,810 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
GASTROINTESTINAL RESEARCH FOUNDATION PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION | $101,100 |
Indianapolis, IN PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION | $100,000 |
New York, NY PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION | $60,000 |
JEWISH EDUCATIONAL MEDIA PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION | $59,800 |
Chicago, IL PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 |
Brooklyn, NY PURPOSE: EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |