Helen Brach Foundation
- Assets
- $118.4m
- Revenue
- $13.6m
- Investments
- $104.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1974
- Data as of
- 03/2024
- EIN
- 23-7376427
Organization Overview
Helen Brach Foundation is located in Chicago, IL. The organization was established in 1974. 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. Helen Brach 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 03/2024, Helen Brach Foundation generated $13.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $8.1m during the year ending 03/2024. While expenses have increased by 7.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Helen Brach Foundation has awarded 2,278 individual grants totaling $24,372,028. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James J O'connor Director | 2 | $5,000 | |
John J Sheridan Director | 2 | $20,000 | |
R Matthew Simon President | 40 | $269,000 | |
Charles A Vorhees Director | 2 | $20,000 | |
Cherryl T Thomas Directoor | 2 | $20,000 | |
R Matthew Simon Member | 4 | $25,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rickard Schwartz | 3/30/24 | $82,000 |
The Northern Trust Company | 3/30/24 | $63,288 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,334,601 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,308,432 |
| Capital Gain Net Income | $9,308,432 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37 |
| Total Revenue | $13,643,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $566,500 |
| Other employee salaries and wages | $147,200 |
| Pension plans, employee benefits | $245,052 |
| Interest | $0 |
| Taxes | $200,015 |
| Depreciation | $0 |
| Occupancy | $88,715 |
| Travel, conferences, and meetings | $2,368 |
| Printing and publications | $27,389 |
| Other expenses | $55,366 |
| Total operating and administrative expenses | $1,567,850 |
| Contributions, gifts, grants paid | $6,516,942 |
| Total expenses and disbursements | $8,084,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,640,573 |
| 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 | $29,470 |
| Total assets | $118,436,357 |
| 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, Helen Brach Foundation has awarded $6,516,942 in support to 527 organizations.
| Grant Recipient | Amount |
|---|---|
11TH STREET CHURCH OF GOD PURPOSE: BOARD OF DIRECTORS, MATCHING AND DISCRETIONARY GRANT | $2,500 |
ADVOCATE IL MASONIC MED CNTR PURPOSE: TO SUPPORT MOBILE DENTAL PROGRAM PROVIDING PREVENTIVE AND RESTORATIVE DENTAL TREATMENT IN UNDERSERVED COMMUNITIES | $10,000 |
ALL CHGO MAKING HOMELESSNESS HIST PURPOSE: FOR IMMEDIATE FINANCIAL ASSISTANCE TO INDIVIDUALS FACING AN EMERGENCY WHICH COULD LEAD TO HOMELESSNESS OR ARE EXPERIENCING HOMELESSNESS | $5,000 |
AID FOR WOMEN PURPOSE: TO SUPPORT OPERATION OF RESIDENTIAL PROGRAM, HEATHERS HOUSE, FOR MOTHERS AND THEIR CHILDREN | $10,000 |
AMER FEDERATION PUERI CANTORES PURPOSE: TO SUPPORT THE 2024 CHORAL FESTIVAL IN CHICAGO, AT HOLY NAME CATHEDRAL, AND A FALL FESTIVAL FOR CATHOLIC HIGH SCHOOLS | $15,000 |
AMER FEDERATION PUERI CANTORES PURPOSE: BOARD OF DIRECTORS, MATCHING AND DISCRETIONARY GRANT | $1,500 |