Adam Don Foundation

Organization Overview

Adam Don Foundation is located in Woodridge, IL. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public 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. Adam Don 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 12/2022, Adam Don Foundation generated $30.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $33.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Adam Don Foundation has awarded 28 individual grants totaling $445,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF HELPING TO MAKE LIFE BETTER FOR YOUNG PEOPLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY FUND RAISING EVENT IS THE ANNUAL GOLF OUTING. THE PROCEEDS OF WHICH ARE CONTRIBUTED TO OTHER CHARITIES THAT SERVICE OUR MISSION. DUE TO COVID-19, THE 2022 ANNUAL GOLF OUTING WAS CANCELLED. THE ORGANIZATION WAS STILL ABLE TO GIVE GRANTS TO 3 OTHER ORGANIZATIONS DURING THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Steven R Don
President/director
$0
Robert E Don
Chairman/director
$0
Abbe Don
Director
$0
Keith H Berk
Director
$0
David Schulman-Thru 1222
Director
$0
David Kirschner
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$550
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$550
Total Program Service Revenue$0
Investment income $18,060
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,833
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,443

Grants Awarded

Over the last fiscal year, Adam Don Foundation has awarded $30,000 in support to 3 organizations.

Grant RecipientAmount

PADS LAKE COUNTRY INC

PURPOSE: GENERAL OPERATIONS

$5,000

FIRST TEE OF GREATER CHICAGO

PURPOSE: TO SUPPORT YOUNG PEOPLE

$15,000

NORTHERN ILLINOIS FOOD BANK

PURPOSE: GENERAL OPERATIONS

$10,000
View Grant Profile

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