Edward And Rose Donnell Foundation
- Assets
- $1.4m
- Revenue
- $245.1k
- Investments
- $1.3m
- Employees
- 0
- Location
- Glencoe, IL
- Founding
- 02/1980
- Data as of
- 06/2024
- EIN
- 36-3047959
Organization Overview
Edward And Rose Donnell Foundation is located in Glencoe, IL. The organization was established in 1980. 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. Edward And Rose Donnell 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 06/2024, Edward And Rose Donnell Foundation generated $245.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $236.2k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Edward And Rose Donnell Foundation has awarded 198 individual grants totaling $925,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ACCOMPLISHES ITS CHARITABLE PURPOSE ONLY THROUGH A PROGRAM OF DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Myszkowski Director | 1 | $0 | |
Mark Donnell President | 5 | $5,000 | |
Ann Onderdonk Secretary | 1 | $0 | |
William Donnell Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24 |
| Dividends & Interest | $63,595 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $181,496 |
| Capital Gain Net Income | $181,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $245,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $225 |
| Total operating and administrative expenses | $11,225 |
| Contributions, gifts, grants paid | $225,000 |
| Total expenses and disbursements | $236,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,089 |
| 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 | $0 |
| Total assets | $1,399,116 |
| Accounts payable and accrued expenses | $100,000 |
| 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 | $100,000 |
Grants Awarded
Over the last fiscal year, Edward And Rose Donnell Foundation has awarded $225,000 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
DEPAUL UNIVERSITY PURPOSE: UNRESTRICTED | $3,000 |
LEARNING MATTERS PURPOSE: UNRESTRICTED | $5,000 |
CHICAGO HORTICULTURAL SOCIETY PURPOSE: UNRESTRICTED | $15,000 |
COUNTRY MUSIC HALL OF FAME PURPOSE: UNRESTRICTED | $10,000 |
NASHVILLE OPERA PURPOSE: UNRESTRICTED | $6,000 |
NASHVILLE ZOO PURPOSE: UNRESTRICTED | $1,500 |