Cleave Family Foundation
- Assets
- $909.9k
- Revenue
- $23.1k
- Investments
- $835.7k
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3291424
Organization Overview
Cleave Family Foundation is located in Northbrook, IL. The organization was established in 2009. 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. Cleave 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, Cleave Family Foundation generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (29.5%) each year. All expenses for the organization totaled $69.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Cleave Family Foundation has awarded 28 individual grants totaling $297,000. 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 |
|---|---|---|---|
Carol Cleave President/treasurer | 2 | $0 | |
Benjamin N Feder Secretary And Director | 2 | $0 | |
Karen Vorreiter Director | 2 | $0 | |
Barbara Perce Director | 2 | $0 | |
Deborah Carlson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $119 |
| Dividends & Interest | $24,700 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,674 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1 |
| Total Revenue | $23,146 |
| 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 | $0 |
| Total operating and administrative expenses | $12,771 |
| Contributions, gifts, grants paid | $56,500 |
| Total expenses and disbursements | $69,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,428 |
| Savings and temporary cash investments | $0 |
| 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 | $55,761 |
| Total assets | $909,915 |
| 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, Cleave Family Foundation has awarded $56,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PLANNED PARENTHOOD OF ILLINOIS PURPOSE: GENERAL | $15,000 |
DUKE UNIVERSITY PURPOSE: GENERAL | $15,000 |
SHERIDAN SHORE SAILING SCHOOL PURPOSE: GENERAL | $11,500 |
CHICAGO BOTANIC GARDEN PURPOSE: GENERAL | $15,000 |