Negaunee Foundation Ltd
- Assets
- $437.7m
- Revenue
- $110.7m
- Investments
- $365.5m
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 05/1988
- Data as of
- 12/2021
- EIN
- 36-3555046
Organization Overview
Negaunee Foundation Ltd is located in Northbrook, IL. The organization was established in 1988. 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. Negaunee Foundation Ltd 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, Negaunee Foundation Ltd generated $110.7m in total revenue. All expenses for the organization totaled $20.4m during the year ending 12/2021. While expenses have increased by 17.6% per year over the past 4 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, Negaunee Foundation Ltd has awarded 209 individual grants totaling $35,352,742. 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 |
|---|---|---|---|
Richard Colburn Presidentdirector | 1 | $0 | |
Ewa Jones Secretary | 1 | $0 | |
Robin T Colburn Vice Presidentdirector | 15 | $0 | |
Dale Kuntz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $86,350,000 |
| Interest on Savings | $504,260 |
| Dividends & Interest | $6,444,065 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,287,649 |
| Capital Gain Net Income | $17,287,649 |
| Net ST Capital Gain | $3,875,011 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $96,894 |
| Total Revenue | $110,682,868 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $191,168 |
| Taxes | $4,530 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,477,811 |
| Total operating and administrative expenses | $1,673,509 |
| Contributions, gifts, grants paid | $18,724,993 |
| Total expenses and disbursements | $20,398,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,202,792 |
| 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 | $365,505,770 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $437,708,562 |
| 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, Negaunee Foundation Ltd has awarded $18,724,993 in support to 106 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO BOTANIC GARDEN PURPOSE: RESTRICTED USE | $2,100,000 |
Chicago, IL PURPOSE: RESTRICTED USE | $2,000,000 |
RAVINIA FESTIVAL PURPOSE: RESTRICTED USE | $1,925,000 |
Chicago, IL PURPOSE: UNRESTRICTED USE | $1,773,487 |
FIELD MUSEUM PURPOSE: RETRICTED USE | $1,600,500 |
WTTW - NETWORK CHICAGO PURPOSE: UNRESTRICTED USE | $1,220,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
William R Kenan Jr Charitable Trust Chicago, IL | $564,490,046 | $137,606,226 |
Polk Bros Foundation Inc Chicago, IL | $329,136,356 | $57,050,478 |
Pritzker Foundation Chicago, IL | $0 | $47,756,040 |
Trott Family Foundation Chicago, IL | $0 | $2,395,873 |
Anthem Foundation Inc Indianapolis, IN | $153,394,091 | $25,472,782 |
U S Bancorp Foundation Milwaukee, WI | $68,350,907 | $6,892,078 |
Manton Foundation Chicago, IL | $499,091,994 | $69,635,634 |