Edward Foundation
- Assets
- $11.8m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Naperville, IL
- Founding
- 11/1990
- Data as of
- 12/2022
- EIN
- 36-3723705
Organization Overview
Edward Foundation is located in Naperville, IL. The organization was established in 1990. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward 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 12/2022, Edward Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Edward Foundation has awarded 16 individual grants totaling $17,299,000. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDWARD FOUNDATION FOLLOWS THE MISSION OF NORTHSHORE - EDWARD-ELMHURST HEALTH TO "HELP EVERYONE IN OUR COMMUNITIES BE THEIR BEST."
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION LINDEN OAKS FUND - A FUND THAT ASSISTS IN ENHANCING BEHAVIORAL HEALTH CARE IN THE COMMUNITY. BY FACILITATING DIAGNOSTIC TESTING, TREATMENT AND SUPPORT PROGRAMS. ALSO PROVIDING EDUCATION TO PATIENTS AND THE COMMUNITY AROUND THE PREVENTION, DETECTION AND TREATMENT OF BEHAVIORAL HEALTH DISORDERS. THE FUNDING ALSO BRINGS RESOURCES TO BEHAVIORAL HEALTH PATIENTS, THEIR LOVED ONES, AND CAREGIVERS TO ASSIST THE RECOVERY PROCESS. IN ADDITION, THE FUND HELPS PROVIDE STAFF CONTINUING EDUCTION AND TRAINING. FOR THE DEVELOPMENT AND IMPLEMENTATION OF NEW BEHAVIORAL HEALTH PROJECTS.
THE OB/GYNECOLOGY FUND - THIS FUND ASSISTS, THROUGH THE CRADLE CLUB PROGRAM, IN HONORING A CHILD'S BIRTH. THE FUNDS PROVIDE ASSISTANCE WITH STATE-OF-THE ART TECHNOLOGY AND EQUIPMENT. TO SUPPORT WOMEN AND CHILDREN SERVICES IN THE COMMUNITY. AS WELL AS PROVIDE EDUCATION AND SUPPORT SERVICES AROUND THE BIRTHING JOURNEY.
CARDIOLOGY FUND - DONORS HAVE AN OPPORTUNITY TO HELP FUND DIAGNOSTIC TESTING, EQUIPMENT, TREATMENT AND SUPPORT PROGRAMS RELATED TO CARDIOLOGY. THIS FUND ALSO FACILITATES THE EDUCATION OF PATIENTS AND THE COMMUNITY AROUND THE PREVENTION, DETECTION AND TREATMENT OF CARDIAC DISEASE. IT BRINGS RESOURCES TO CARDIOLOGY PATIENTS, THEIR LOVED ONES AND CAREGIVERS TO ASSIST THE RECOVERY PROCESS. ALSO PROVIDES CARDIOLOGY STAFF CONTINUING EDUCATION AND TRAINING FOR THE DEVELOPMENT AND IMPLEMENTATION OF NEW PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee /vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Pres,edward Hosp&sth Institute | OfficerTrustee | 1 | $0 |
Name Not Listed Trustee/chairman | OfficerTrustee | 1 | $0 |
Name Not Listed System VP Ops/president | OfficerTrustee | 1 | $0 |
Name Not Listed Physiciantrustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $953,920 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,236,023 |
| Noncash contributions included in lines 1a–1f | $114,123 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,189,943 |
| Total Program Service Revenue | $0 |
| Investment income | -$538,195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$120,807 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,530,941 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,193,865 |
| Grants and other assistance to domestic individuals. | $48,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $135,009 |
| Fees for services: Other | $7,000 |
| Advertising and promotion | $73,608 |
| Office expenses | $48,042 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,523,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $489,079 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $417,871 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,712,101 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $195,928 |
| Total assets | $11,814,979 |
| Accounts payable and accrued expenses | $88,957 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $138 |
| Total liabilities | $89,095 |
| Net assets without donor restrictions | $8,449,047 |
| Net assets with donor restrictions | $3,276,837 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,814,979 |
Grants Awarded
Over the last fiscal year, Edward Foundation has awarded $1,193,865 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EDWARD-ELMHURST HEALTHCARE PURPOSE: SEE PART IV | $52,932 |
EDWARD HOSPITAL PURPOSE: SEE PART IV | $896,460 |
NAPERVILLE PSYCHIATRIC VENTURES PURPOSE: SEE PART IV | $244,473 |