Orell Farley Foundation
- Assets
- $705.3k
- Revenue
- $42.6k
- Investments
- $696.4k
- Employees
- 0
- Location
- Newton, IL
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 31-6655781
Organization Overview
Orell Farley Foundation is located in Newton, IL. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Orell Farley 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, Orell Farley Foundation generated $42.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Orell Farley Foundation has awarded 29 individual grants totaling $125,301. 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 |
|---|---|---|---|
Name Not Listed Trustee | 1 | $4,383 | |
Fred Huddlestun President | 0 | $0 | |
Christie Wagner Vice Preside | 0 | $0 | |
Rita M Kocher Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $18,467 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,152 |
| Capital Gain Net Income | $24,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $42,630 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,383 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $188 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $11,333 |
| Contributions, gifts, grants paid | $32,405 |
| Total expenses and disbursements | $43,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,177 |
| Net Accounts receivable | $648 |
| 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 | $0 |
| Total assets | $705,264 |
| 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, Orell Farley Foundation has awarded $32,405 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
JASPER COUNTY COMMUNITY UNIT 1 PURPOSE: BOOKS, INSTRUMENTS, THEATER EQUIPMEN | $14,879 |
ST THOMAS THE APOSTLE CATHOLIC SCHO PURPOSE: 20 CHROMEBOOKS | $5,600 |
JASPER COUNTY BOYS & GIRLS PARK PURPOSE: PURCHASE PROTECTIVE SCREENS | $1,050 |
JASPER COUNTY YOUTH SOCCER PURPOSE: PURCHASE OF BACKSTOP NETS | $6,876 |
JASPER COUNTY AMBULANCE SERVICE PURPOSE: POWER LOAD SYSTEM | $4,000 |