Vision For Tomorrow Foundation
- Assets
- $341.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lagrange, IL
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-4840395
Organization Overview
Vision For Tomorrow Foundation is located in Lagrange, IL. The organization was established in 2006. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision For Tomorrow 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 12/2023, Vision For Tomorrow Foundation generated $56.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $90.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FUNDING FOR RESEARCH INITIATIVES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Wolfe President | 6 | $0 | |
Grayson Chinn Vp/secretary | 4 | $0 | |
Matt Wolfe Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,269 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $729 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,998 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,679 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,047 |
| Total expenses | $90,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $341,829 |
| Other assets | $0 |
| Total assets | $341,829 |
| Total liabilities | $70,369 |
| Net assets or fund balances | $271,460 |
Grants Awarded
Over the last fiscal year, Vision For Tomorrow Foundation has awarded $301,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF VIRGINIA PURPOSE: TO SPONSOR ANIRIDIA AND ALBINISM RESEARCH PROGRAMS | $150,000 |
UNIVERSITY OF GEORGIA PURPOSE: TO SPONSOR ANIRIDIA RESEARCH PROGRAM | $25,000 |
NATIONAL ORGANIZATION FOR ALBINISM AND HYPOPIGMENTATION PURPOSE: TO SPONSOR ALBINISM RESEARCH PROGRAM | $120,000 |
UNIVERSITY OF VIRGINIA PURPOSE: TO SPONSOR ANIRIDIA MEETING | $6,500 |