Illinois Knights Templar Home Endowment Fund
- Assets
- $6.1m
- Revenue
- $77.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Ellyn, IL
- Founding
- 01/1982
- Data as of
- 07/2020
- EIN
- 36-3153303
Organization Overview
Illinois Knights Templar Home Endowment Fund is located in Glen Ellyn, IL. The organization was established in 1982. According to its NTEE Classification (Y11) the organization is classified as: Single Organization Support, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Knights Templar Home Endowment Fund 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 07/2020, Illinois Knights Templar Home Endowment Fund generated $77.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $52.5k during the year ending 07/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE ILLINOIS KNIGHTS TEMPLAR HOME IN ITS MISSION, AS WELL AS SUPPORTING OTHER MASONIC CHARITIES AND MASONIC FRATERNAL ORGANIZATIONS QUALIFYING AS CHARITABLE ENTITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ILLINOIS KNIGHTS TEMPLAR HOME ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT THE ILLINOIS KNIGHTS TEMPLAR HOME IN ITS MISSION, AS WELL AS SUPPORTING OTHER MASONIC CHARITIES AND MASONIC FRATERNAL ORGANIZATIONS QUALIFYING AS CHARITABLE ENTITIES.
THE ILLINOIS KNIGHTS TEMPLAR HOME ENDOWMENT FUND WAS ESTABLISHED TO SUPPORT THE ILLINOIS KNIGHTS TEMPLAR HOME IN ITS MISSION, AS WELL AS SUPPORTING OTHER MASONIC CHARITIES AND MASONIC FRATERNAL ORGANIZATIONS QUALIFYING AS CHARITABLE ENTITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard T Carnall President | OfficerTrustee | 1 | $0 |
William E Jegen Treasurer | OfficerTrustee | 1 | $0 |
Richard Yena Secretary | OfficerTrustee | 1 | $0 |
Henry J Deheer Director | Trustee | 1 | $0 |
James W Patton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2 |
| Investment income | $43,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,281 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,106 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,568 |
| Fees for services: Accounting | $11,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,057 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $52,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,110,487 |
| Savings and temporary cash investments | $155,179 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,322 |
| Prepaid expenses and deferred charges | $338 |
| Investments—publicly traded securities | $1,616,788 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,677,000 |
| Total assets | $6,078,114 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $6,078,114 |
Grants Awarded
Over the last fiscal year, Illinois Knights Templar Home Endowment Fund has awarded $35,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Glen Ellyn, IL PURPOSE: FINANCIAL ASSISTANCE FOR THE FULL RANGE OF THE GRANTEE'S ACTIVITIES | $10,000 |
Macon, GA PURPOSE: FINANCIAL ASSISTANCE FOR THE FULL RANGE OF THE GRANTEE'S ACTIVITIES | $10,000 |
JOBS DAUGHTERS INTERNATIONAL PURPOSE: FINANCIAL ASSISTANCE FOR THE FULL RANGE OF THE GRANTEE'S ACTIVITIES | $5,000 |
East Moline, IL PURPOSE: FINANCIAL ASSISTANCE FOR THE FULL RANGE OF THE GRANTEE'S ACTIVITIES | $5,000 |
ORDER OF THE RAINBOW FOR GIRLS IN ILLINOIS PURPOSE: FINANCIAL ASSISTANCE FOR THE FULL RANGE OF THE GRANTEE'S ACTIVITIES | $5,000 |
Endowment Analysis
| Beg. Balance | $952,540 |
| Earnings | $16,247 |
| Other Expense | $12,635 |
| Ending Balance | $956,152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Memorial Park Cemetery Assoc Inc Merchds & Serv Tr No Two Waterloo, IA | $48,674,638 | $6,457,146 |
G O Forward Charitable Tr Milwaukee, WI | $77,461,823 | $4,606,970 |
Campus At Ardenwood Inc Chicago, IL | $816,853 | $59,911,304 |
Ipers South Loop Market Inc Chicago, IL | $53,039,136 | $3,792,245 |
Airport Center Inc Chicago, IL | $20,160,091 | $924,307 |
Midwest Multistate Division Service Corporation Jefferson City, MO | $246,700 | $825,297 |
Theta Chi Fraternity University Of Missouri Iota Mu Chapter Columbia, MO | $63,212 | $730,564 |
Horse Country Inc Lexington, KY | $352,785 | $369,643 |
Rna Real Estate Holdings Inc Rock Island, IL | $1,320,000 | $138,000 |
Columbus Building Assoc Ottawa, IL | $898,782 | $182,700 |
Oscar B Smith Estate Chicago, IL | $4,666,151 | $386,092 |
Association For International Risk Intelligence Professionals Union, KY | $244,805 | $0 |