Albert And Lucille Delighter And Marcella Winston Foundation
- Assets
- $141.1m
- Revenue
- $11.1m
- Investments
- $139.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2007
- Data as of
- 06/2022
- EIN
- 20-5488529
Organization Overview
Albert And Lucille Delighter And Marcella Winston 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. Albert And Lucille Delighter And Marcella Winston 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 06/2022, Albert And Lucille Delighter And Marcella Winston Foundation generated $11.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $12.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Albert And Lucille Delighter And Marcella Winston Foundation has awarded 17 individual grants totaling $18,711,368. 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 |
|---|---|---|---|
Gerald M Newman President | 0.3 | $0 | |
Melvin S Newman Vice President | 0.3 | $0 | |
Steven B Nasatir Secretary | 0.3 | $0 | |
David S Rosen Treasurer | 0.3 | $0 | |
James Pinkston Asst. Treasurer | 0.3 | $0 | |
Donna Kahan Vice President | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $184,092 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,932,291 |
| Capital Gain Net Income | $10,932,291 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,116,383 |
| 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 | $153,592 |
| Total operating and administrative expenses | $719,960 |
| Contributions, gifts, grants paid | $11,964,434 |
| Total expenses and disbursements | $12,684,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,299,328 |
| Net Accounts receivable | $5,000 |
| 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 | $139,772,512 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $141,076,840 |
| Accounts payable and accrued expenses | $12,050 |
| Grants payable | $5,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $11,976,395 |
| Total liabilities | $11,993,445 |
Grants Awarded
Over the last fiscal year, Albert And Lucille Delighter And Marcella Winston Foundation has awarded $11,964,434 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CJE SENIOR LIFE PURPOSE: SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,421,934 |
JEWISH UNITED FUND OF METROPOLITAN CHICAGO PURPOSE: SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $4,007,500 |
JEWISH FEDERATION OF METROPOLITAN CHICAGO PURPOSE: SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,085,000 |
JEWISH CHILD AND FAMILY SERVICES PURPOSE: SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $170,000 |
THE ARK PURPOSE: SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $100,000 |
SELFHELP HOME PURPOSE: SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $75,000 |