Cuneo Foundation
- Assets
- $12.7m
- Revenue
- -$1.9m
- Investments
- $12.5m
- Employees
- 0
- Location
- Vernon Hills, IL
- Founding
- 01/1948
- Data as of
- 12/2023
- EIN
- 36-2261606
Organization Overview
Cuneo Foundation is located in Vernon Hills, IL. The organization was established in 1948. 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. Cuneo Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Cuneo Foundation has awarded 220 individual grants totaling $6,062,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Garanzini Sj President | 1 | $0 | |
Andrea Hasten Vice Chairman | 1 | $0 | |
Msgr Kenneth J Velo Director | 1 | $0 | |
Joan E Steel Treasurer | 1 | $0 | |
Jared Hasten Director | 1 | $0 | |
Kathryn White Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21,969 |
| Dividends & Interest | $381,572 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,297,946 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$15,801 |
| Total Revenue | -$1,910,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,664 |
| Total operating and administrative expenses | $135,447 |
| Contributions, gifts, grants paid | $566,000 |
| Total expenses and disbursements | $701,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,710 |
| 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 | $12,509,643 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,663,353 |
| 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, Cuneo Foundation has awarded $566,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CARMEL CATHOLIC HIGH SCHOOL PURPOSE: NEEDS BASED SCHOLARSHIP | $18,000 |
CHRIST THE KING JESUIT COLLEGE PREP PURPOSE: NEEDS BASED SCHOLARSHIP | $18,000 |
CRISTO REY JESUIT HIGH SCHOOL PURPOSE: NEEDS BASED SCHOLARSHIP | $18,000 |
CRISTO REY ST MARTIN COLLEGE PREP PURPOSE: NEEDS BASED SCHOLARSHIP | $18,000 |
DE LA SALLE INSTITUTE PURPOSE: NEEDS BASED SCHOLARSHIP | $18,000 |
JOSEPHINUM ACADEMY PURPOSE: NEEDS BASED SCHOLARSHIP | $18,000 |