Community Foundation Of Kankakee River Valley

Organization Overview

Community Foundation Of Kankakee River Valley is located in Kankakee, IL. The organization was established in 1983. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Kankakee River Valley employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Kankakee River Valley 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 12/2021, Community Foundation Of Kankakee River Valley generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $924.5k during the year ending 12/2021. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Community Foundation Of Kankakee River Valley has awarded 108 individual grants totaling $3,185,244. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENCOURAGE AND RECEIVE GIFTS OF MONEY AND PROPERTY FROM DONORS AND TO APPLY SUCH GIFTS AND THE PROCEEDS THEREOF AS DEEMED APPROPRIATE BY THE BOARD OF DIRECTORS FOR THE PRIMARY BENEFIT OF THE INHABITANTS OF KANKAKEE COUNTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ASSISTANCE IN MEETING THE PURPOSE OF THE COMMUNITY FOUNDATION FOR THE BENEFIR OF THE INHABITANTS OF KANKAKEE COUNTY.


DURING THE FOUNDATION RAISED SUPPORT ITS MISSION AND AWARDED GRANTS TO ORGANIZATIONS AND INDIVIDUALS FOR VARIOUS PURPOSES RELATED TO THE FOUNDATION'S PROGRAMS.


TO PROVIDE ASSISTANCE IN MEETING THE PURPOSE OF THE COMMUNITY FOUNDATION FOR THE BENEFIR OF THE INHABITANTS OF KANKAKEE COUNTY.


DURING THE FOUNDATION RAISED SUPPORT ITS MISSION AND AWARDED GRANTS TO ORGANIZATIONS AND INDIVIDUALS FOR VARIOUS PURPOSES RELATED TO THE FOUNDATION'S PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Nicole Smolkovich
Ecexutive Di
$0
Nick Allen
Trustee
$0
Arlene Bartolini
Trustee
$0
Kiana Battle
Trustee
$0
Nick Bufford
Secretary
$0
Nina Epstein
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $126,861
All other contributions, gifts, grants, and similar amounts not included above$229,048
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$355,909
Total Program Service Revenue$0
Investment income $348,613
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $730,168
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,435,640

Grants Awarded

Over the last fiscal year, Community Foundation Of Kankakee River Valley has awarded $796,646 in support to 44 organizations.

Grant RecipientAmount

VARIOUS

|

|

$164,198

VARIOUS

|

|

$164,198

AGAPE COMMUNITY OUTREACH MISSION

|

|

$28,209

AGAPE COMMUNITY OUTREACH MISSION

|

|

$28,209

NORTHERN ILLINOIS FOOD BANK

|

|

$26,000

NORTHERN ILLINOIS FOOD BANK

|

|

$26,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Community Foundation Of Kankakee River Valley has recieved totaling $159,000.

Awarding OrganizationAmount
Illinois Childrens Healthcare Foundation

Oak Brook, IL

PURPOSE: CMHI 2.0 IMPLEMENTATION - PROJECT SUN - A STRONG & UNIFIED NETWORK

$150,000
Thrivent Charitable Impact & Investing

Appleton, WI

PURPOSE: SCHOLARSHIPS.

$8,000
Grand Victoria Foundation

Chicago, IL

PURPOSE: GENERAL OPERATING SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

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