Joan And Norman Chapman Foundation
- Assets
- $6.6m
- Revenue
- $209.3k
- Investments
- $6.5m
- Employees
- 0
- Location
- Bannockburn, IL
- Founding
- 07/1987
- Data as of
- 11/2023
- EIN
- 36-3480507
Organization Overview
Joan And Norman Chapman Foundation is located in Bannockburn, IL. The organization was established in 1987. 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. Joan And Norman Chapman 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 11/2023, Joan And Norman Chapman Foundation generated $209.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $571.2k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Joan And Norman Chapman Foundation has awarded 243 individual grants totaling $4,129,548. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Kolber Director/president | 3 | $0 | |
Austin Hirsch Director/treas/secretary | 3 | $0 | |
Mel Justak Officer Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,547 |
| Dividends & Interest | $166,846 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,956 |
| Capital Gain Net Income | $37,956 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $209,349 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,497 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54,097 |
| Total operating and administrative expenses | $113,404 |
| Contributions, gifts, grants paid | $457,766 |
| Total expenses and disbursements | $571,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,616 |
| Savings and temporary cash investments | $129,166 |
| 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 | $6,625,052 |
| Accounts payable and accrued expenses | $36,120 |
| 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 | $36,120 |
Grants Awarded
Over the last fiscal year, Joan And Norman Chapman Foundation has awarded $457,766 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AM SHALOM PURPOSE: NON-SPECIFIC | $35,000 |
BE LIKE TOM INC PURPOSE: NON-SPECIFIC | $2,500 |
BAYLOR SCOTT & WHITE CENTAL TEXAS FD PURPOSE: NON-SPECIFIC | $10,000 |
AMERICAN HEART ASSOCIATION PURPOSE: NON-SPECIFIC | $5,000 |
BIG SHOULDERS FUND SGO PURPOSE: NON-SPECIFIC | $5,000 |
CHICAGO SCULPTURE EXHIBIT PURPOSE: NON-SPECIFIC | $4,000 |