Mitchell J And Mary Ellen Lamka Foundation
- Assets
- $5.7m
- Revenue
- $51.0k
- Investments
- $5.5m
- Employees
- 0
- Location
- River Forest, IL
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-3181533
Organization Overview
Mitchell J And Mary Ellen Lamka Foundation is located in River Forest, IL. The organization was established in 2011. 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. Mitchell J And Mary Ellen Lamka 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, Mitchell J And Mary Ellen Lamka Foundation generated $51.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $418.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Mitchell J And Mary Ellen Lamka Foundation has awarded 30 individual grants totaling $1,913,912. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO OTHER CHARITABLE ORGANIZATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel C Finnegan Trustee | 20 | $57,561 | |
Jean M Finnegan Executive Director | 20 | $27,248 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,078 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,118 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $84,809 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,502 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $66,676 |
| Total operating and administrative expenses | $157,987 |
| Contributions, gifts, grants paid | $260,000 |
| Total expenses and disbursements | $417,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,271 |
| 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 | $3,520 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,543,143 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,654,934 |
| 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, Mitchell J And Mary Ellen Lamka Foundation has awarded $260,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST THOMAS AQUINAS CATHOLIC CENTER AT PURDUE UNIVERSITY PURPOSE: UNRESTRICTED GIFT TO SUPPORT OPERATIONS OF THE NEWMAN CENTER AT PURDUE UNIVERSITY | $100,000 |
DOMINICAN PROVINCE OF ST ALBERT THE GREAT PURPOSE: GRANT TO SUPPORT CONSTRUCTION OF A NOVITIATE BUILDING IN DENVER COLORADO | $100,000 |
Chicago, IL PURPOSE: PROVIDE FOR 2-FULL YEAR TUITION SCHOLARSHIPS FOR INNER CITY STUDENTS UNABLE TO AFFORD TUITION. | $59,000 |
DOMINICAN FRIARS CENTRAL PROVINCE PURPOSE: CONTRIBUTION TO 1216 ANNUAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |