Edward & Wanda Jordan Foundation
- Assets
- $14.7m
- Revenue
- $626.0k
- Investments
- $14.6m
- Employees
- 0
- Location
- Des Plaines, IL
- Founding
- 12/1988
- Data as of
- 11/2023
- EIN
- 36-3586729
Organization Overview
Edward & Wanda Jordan Foundation is located in Des Plaines, 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. Edward & Wanda Jordan 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, Edward & Wanda Jordan Foundation generated $626.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.2%) each year. All expenses for the organization totaled $789.5k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Edward & Wanda Jordan Foundation has awarded 302 individual grants totaling $3,941,794. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MT PROSPECT PARK DISTRICT - MEDIATION GARDEN AND PATHS
SAM BEAUFORD - WORK BENCHES FOR STUDENTS & VETERANS
MARYVILLE ACADEMY - TOOLS AND TRAINING FOR SCHOOLS
ASP - HOUSING FOR LOW INCOME
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosemary Argus Director | 10 | $1,000 | |
Robert Argus Director | 10 | $83,000 | |
Deborah Duvair Director | 10 | $43,000 | |
Dina Argus Grant Reviewer | 5 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $246,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $379,986 |
| Capital Gain Net Income | $379,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $626,031 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,792 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,013 |
| Total operating and administrative expenses | $220,982 |
| Contributions, gifts, grants paid | $568,472 |
| Total expenses and disbursements | $789,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,647 |
| 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 | $14,557,972 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,677,619 |
| 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, Edward & Wanda Jordan Foundation has awarded $685,972 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR CONCERN PURPOSE: MEETING COSTS FOR MENTORSHIP PROGRAM AT PURDUE. | $10,000 |
CASA LAKE COUNTY PURPOSE: ADVOCATE FOR YOUTH IN TROUBLE | $20,000 |
WOMEN'S CARE CENTER PURPOSE: SUPPORT FOR MOTHERS AND BABIES | $35,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: RESEARCH TO FIGHT THE DISEASE | $10,000 |
LAKE COUNTY HAVEN PURPOSE: ASSISTANCE FOR HOMELESS WOMEN AND CHILDREN | $22,000 |
BRIGHT START LEARNING PURPOSE: WOMENS LEARNING AND WELLNESS | $14,492 |