Clearing Corporation Charitable Foundation
- Assets
- $0.0
- Revenue
- $182.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Hinsdale, IL
- Founding
- 08/2007
- Data as of
- 12/2020
- EIN
- 20-5258907
Organization Overview
Clearing Corporation Charitable Foundation is located in Hinsdale, 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.
For the year ending 12/2020, Clearing Corporation Charitable Foundation generated $182.0k 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 (17.7%) each year. All expenses for the organization totaled $6.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Clearing Corporation Charitable Foundation has awarded 107 individual grants totaling $16,641,914. 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.
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 |
|---|---|---|---|
Kevin R Mcclear Administrative Director | 10 | $0 | |
Gerald F Corcoran Director | 0 | $0 | |
Michael C Dawley Director | 0 | $0 | |
Ronald Filler Director | 0 | $0 | |
David Johnson Director | 0 | $0 | |
Wendell A Kapustiak Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $76,594 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $105,405 |
| Capital Gain Net Income | $105,405 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,999 |
| 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 | $0 |
| Total operating and administrative expenses | $26,900 |
| Contributions, gifts, grants paid | $6,201,310 |
| Total expenses and disbursements | $6,228,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Clearing Corporation Charitable Foundation has awarded $6,201,310 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
A LEG TO STAND ON PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $197,500 |
HEALEY CENTER FOR ALS PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $250,000 |
MAKE-A-WISH FOUNDATION OF AMERICA PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $350,000 |
GREATER CHICAGO FOOD PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $21,160 |
DAWLEY CHARITABLE FUND PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $1,552,500 |