George M Eisenberg Foundation For Charities
- Assets
- $41.3m
- Revenue
- -$297.5k
- Investments
- $40.3m
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 11/1990
- Data as of
- 12/2023
- EIN
- 36-3689650
Organization Overview
George M Eisenberg Foundation For Charities is located in Arlington Heights, IL. The organization was established in 1990. 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. George M Eisenberg Foundation For Charities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, George M Eisenberg Foundation For Charities has awarded 807 individual grants totaling $18,554,054. 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 |
|---|---|---|---|
James Marousis Treasurer | 30 | $103,500 | |
Sofia Bishop President | 13 | $50,000 | |
Dean Marousis Vice President | 13 | $50,000 | |
Thomas Speslberg Jr Secretary | 13 | $50,000 | |
Katie Owens Director | 13 | $50,000 | |
Nancy Jourdan Director | 13 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,144,886 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,443,417 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,007 |
| Total Revenue | -$297,524 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $403,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,918 |
| Interest | $73 |
| Taxes | $569 |
| Depreciation | $0 |
| Occupancy | $20,400 |
| Travel, conferences, and meetings | $256 |
| Printing and publications | $0 |
| Other expenses | $37,428 |
| Total operating and administrative expenses | $622,301 |
| Contributions, gifts, grants paid | $3,699,413 |
| Total expenses and disbursements | $4,321,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,610 |
| Savings and temporary cash investments | $744,001 |
| 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 | $40,286,687 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $41,271,298 |
| 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, George M Eisenberg Foundation For Charities has awarded $3,699,413 in support to 154 organizations.
| Grant Recipient | Amount |
|---|---|
A JUST HARVEST PURPOSE: SOCIAL ASSISTANCE | $5,000 |
A SAFE HAVEN FOUNDATION PURPOSE: SOCIAL ASSISTANCE | $3,000 |
ALEXIAN BROTHERS AIDS MINISTRY PURPOSE: SOCIAL ASSISTANCE | $5,000 |
ALLICIAS HOUSE PURPOSE: SOCIAL ASSISTANCE | $5,000 |
ALL CHICAGO MAKING HOMELESS HISTORY PURPOSE: SOCIAL ASSISTANCE | $5,000 |
AMERICAN CANCER SOCIETY MIDWEST INC PURPOSE: SOCIAL ASSISTANCE | $15,000 |