George A Bates Memorial Foundation
- Assets
- $4.9m
- Revenue
- $715.8k
- Investments
- $4.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1991
- Data as of
- 12/2021
- EIN
- 36-3747609
Organization Overview
George A Bates Memorial Foundation is located in Chicago, IL. The organization was established in 1991. According to its NTEE Classification (C36) the organization is classified as: Forest Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George A Bates Memorial 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 12/2021, George A Bates Memorial Foundation generated $715.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $359.6k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 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 2015, George A Bates Memorial Foundation has awarded 99 individual grants totaling $1,733,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James H Stacke Trustee | 0.25 | $2,500 | |
Constance Bates Macgregor Trustee | 0.25 | $2,500 | |
Lesley B Macgregor Trustee | 0.25 | $2,500 | |
Michael C Murray PHD Trustee | 0.25 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $118,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $597,370 |
| Capital Gain Net Income | $597,370 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $715,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,316 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71 |
| Total operating and administrative expenses | $83,636 |
| Contributions, gifts, grants paid | $276,000 |
| Total expenses and disbursements | $359,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $150,919 |
| Net Accounts receivable | $215 |
| 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 | $1,598,415 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,890,815 |
| 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 A Bates Memorial Foundation has awarded $276,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
OAKEN ACRES WILDLIFE CENTER PURPOSE: GENERAL OPERATING | $81,000 |
Chicago, IL PURPOSE: GENERAL OPERATING | $62,000 |
Hazelwood, MO PURPOSE: GENERAL OPERATING | $19,000 |
LEADERSHIP DEVELOPMENT PROGRAM SOUTHERN ILLINOIS UNIVERSITY FOUNDATION PURPOSE: GENERAL OPERATING | $19,000 |
BREHM SCHOOL FOUNDATION PURPOSE: GENERAL OPERATING | $19,000 |
Carterville, IL PURPOSE: GENERAL OPERATING | $19,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woods Fund Of Chicago Chicago, IL | $0 | $4,700,210 |
Isaac W Bernheim Foundation Inc Clermont, KY | $72,773,780 | $5,619,355 |
Kentucky Natural Lands Trust Inc Berea, KY | $27,894,739 | $3,601,751 |
Friends Of The Broughton Sheboygan Marsh Elkhart Lake, WI | $314,487 | $299,349 |
Green Forests Work Inc Lexington, KY | $1,089,777 | $1,867,248 |
Appalachian Wildlife Foundation Corbin, KY | $20,208,028 | $7,618,416 |
Trees For Tomorrow Inc Eagle River, WI | $1,421,283 | $444,609 |
Forest Releaf Of Missouri St Louis, MO | $1,063,207 | $854,414 |
Forest Preserve Friends Foundation Mahomet, IL | $1,348,506 | $314,905 |
George A Bates Memorial Foundation Chicago, IL | $4,890,815 | $715,783 |
Bowman Woods Swim And Racquet Club Ltd Cedar Rapids, IA | $531,701 | $219,143 |
Lake O The Woods Club Inc Valparaiso, IN | $534,688 | $237,232 |