Shirley And Bill Koloseike Foundation
- Assets
- $7.9m
- Revenue
- $580.4k
- Investments
- $7.6m
- Employees
- 0
- Location
- Lisle, IL
- Founding
- 10/2008
- Data as of
- 12/2023
- EIN
- 26-0752500
Organization Overview
Shirley And Bill Koloseike Foundation is located in Lisle, 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. Shirley And Bill Koloseike 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 12/2023, Shirley And Bill Koloseike Foundation generated $580.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $141.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Shirley And Bill Koloseike Foundation has awarded 27 individual grants totaling $1,585,000. 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.
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 |
|---|---|---|---|
Nina B Koloseike Vice President | 1 | $0 | |
Mark J Koloseike Vice President | 1 | $0 | |
Judith A Spellman Treasurer | 1 | $0 | |
William A Koloseike President/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $456,308 |
| Interest on Savings | $18,518 |
| Dividends & Interest | $148,496 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,753 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$29,125 |
| Total Revenue | $580,444 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,463 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9 |
| Total operating and administrative expenses | $41,827 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $141,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $344,888 |
| 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 | $435,860 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,683 |
| Total assets | $7,935,106 |
| 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, Shirley And Bill Koloseike Foundation has awarded $150,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JDRF PURPOSE: IN SUPPORT OF JUVENILE DIABETES RESEARCH | $100,000 |
UNIVERSITY OF CHICAGO PURPOSE: IN SUPPORT OF THE BIOLOGICAL RESEARCH | $50,000 |