Thomas J & Kathleen M Laird Family Foundation
- Assets
- $1.6m
- Revenue
- $98.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 26-1083958
Organization Overview
Thomas J & Kathleen M Laird Family Foundation is located in Northbrook, 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. Thomas J & Kathleen M Laird Family 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, Thomas J & Kathleen M Laird Family Foundation generated $98.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $105.7k during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 8 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 2015, Thomas J & Kathleen M Laird Family Foundation has awarded 49 individual grants totaling $693,700. 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 |
|---|---|---|---|
Thomas J Laird Vice Preside | 1 | $0 | |
Kathleen M Laird President/se | 1 | $0 | |
Rachel L Tidwell-Neal Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35 |
| Dividends & Interest | $39,676 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,730 |
| Capital Gain Net Income | $58,730 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $98,441 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,101 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $13,737 |
| Contributions, gifts, grants paid | $92,000 |
| Total expenses and disbursements | $105,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $51,128 |
| 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 | $1,275,704 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,630,523 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $25,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,000 |
Grants Awarded
Over the last fiscal year, Thomas J & Kathleen M Laird Family Foundation has awarded $92,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO BOTANIC GARDEN PURPOSE: ENHANCE NATURAL HABITAT | $5,000 |
NORTHFIELD TOWNSHIP FOOD PANTRY IL PURPOSE: FOOD FOR THE NEEDY | $20,000 |
ST NORBERT CATHOLIC CHURCH PURPOSE: SUPPORT CATHOLIC SCHOOLS/ACTIVITIES | $5,000 |
BENEDICTINE SISTERS OF ERIE PURPOSE: LOCAL COMMUNITY CHARITABLE WORK | $10,000 |
COMMUNITY FOUNDATION OF NORTHERN IL PURPOSE: EDUCATIONAL SCHOLARSHIPS | $23,000 |
GOLISANO CHILDREN'S HOSPITAL PURPOSE: ONGOING HEALTH NEEDS FOR CHILDREN | $4,000 |