Henderson Foundation is located in Gurnee, IL. The organization was established in 2008. 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. Henderson 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 05/2024, Henderson Foundation generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $510.9k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Henderson Foundation has awarded 266 individual grants totaling $2,212,496. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas Henderson President | 5 | $0 | |
Judy K Henderson Director | 5 | $0 | |
J John Henderson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $180,000 |
Interest on Savings | $0 |
Dividends & Interest | $58,729 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $799,913 |
Capital Gain Net Income | $799,913 |
Net ST Capital Gain | $32,594 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,038,642 |
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 | $24,447 |
Total operating and administrative expenses | $28,287 |
Contributions, gifts, grants paid | $482,654 |
Total expenses and disbursements | $510,941 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $78,971 |
Savings and temporary cash investments | $12,440 |
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 | $3,077,452 |
Net Land, buildings, and equipment | $81,454 |
Other assets | $0 |
Total assets | $3,250,317 |
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 | $6,846 |
Total liabilities | $6,846 |
Over the last fiscal year, Henderson Foundation has awarded $482,654 in support to 40 organizations.
Grant Recipient | Amount |
---|---|
VILLAGE CHURCH OF GURNEE PURPOSE: BENEVOLENCE | $4,000 |
SUSAN G KOMEN FOR THE CURE PURPOSE: BENEVOLENCE | $500 |
THE SMILE TRAIN PURPOSE: BENEVOLENCE | $1,000 |
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: BENEVOLENCE | $500 |
DOCTORS WITHOUT BORDERS PURPOSE: BENEVOLENCE | $1,000 |
LOVE INC PURPOSE: BENEVOLENCE | $16,375 |