Burns Legacy Foundation
- Assets
- $2.9m
- Revenue
- $177.1k
- Investments
- $2.7m
- Employees
- 0
- Location
- St Charles, IL
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-2386882
Organization Overview
Burns Legacy Foundation is located in St Charles, IL. The organization was established in 2009. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burns Legacy 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 12/2021, Burns Legacy Foundation generated $177.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $133.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Burns Legacy Foundation has awarded 81 individual grants totaling $933,816. 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 |
|---|---|---|---|
Gregory T Snyder Director | 0 | $0 | |
Melinda R Snyder Secretary | 0 | $0 | |
Patrick T Snyder Director | 0 | $0 | |
Jeremy L Burns Director | 0 | $0 | |
John R Neal Treasurer | 0 | $0 | |
Brent B Burns Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23,077 |
| Dividends & Interest | $59,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $94,563 |
| Capital Gain Net Income | $94,563 |
| Net ST Capital Gain | $1,687 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $177,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,262 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,187 |
| Total operating and administrative expenses | $36,012 |
| Contributions, gifts, grants paid | $97,000 |
| Total expenses and disbursements | $133,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $120,397 |
| 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 | $2,738,935 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,859,332 |
| 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, Burns Legacy Foundation has awarded $97,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
LGBT OF SE WI PURPOSE: CHARITABLE | $25,000 |
Chicago, IL PURPOSE: CHARITABLE | $15,000 |
ALEXIAN BROTHERS FOUNDATION PURPOSE: CHARITABLE | $15,000 |
SALVATION ARMY - ELGIN PURPOSE: CHARITABLE | $10,000 |
Waukegan, IL PURPOSE: CHARITABLE | $10,000 |
Chicago, IL PURPOSE: CHARITABLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Human Service Center Foundation Peoria, IL | $0 | $1,619,200 |
Lodgic Holdings Inc Mooseheart, IL | $17,554,057 | $6,408,971 |
Illinois Childrens Healthcare Foundation Oak Brook, IL | $172,838,273 | $9,428,256 |
Childserve Foundation Inc Johnston, IA | $15,317,194 | $6,918,113 |
Iowa Community Action Association Des Moines, IA | $753,837 | $3,823,427 |
Share Our Spare Chicago, IL | $1,000,301 | $3,535,972 |
Lux Family Foundation St Louis, MO | $0 | $335,497 |
Voice Of Judah Israel Inc Fort Wayne, IN | $1,559,331 | $3,178,865 |
Cornerstone Of Hope Inc Paducah, KY | $781,400 | $2,454,747 |
Virginia Henry Charitable Trust 0403231952 Po Box Chicago, IL | $27,737,979 | $3,536,006 |
American Warrior Initiative Inc Madison, WI | $3,298,583 | $1,806,705 |
Chaddock Childrens Foundation Quincy, IL | $5,809,375 | $1,961,321 |