Cless Family Foundation is located in Northbrook, IL. The organization was established in 1992. 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. Cless Family 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, Cless Family Foundation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cless Family Foundation has awarded 96 individual grants totaling $10,335,492. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruth I Cless Pres/treas/director | 0 | $0 | |
Martin Cless Director | 0 | $0 | |
Jennifer U Zehr Vp/secretary/director | 0 | $0 | |
Bryan C Cless Director | 0 | $0 | |
Stephen G Cless Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $423,713 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $587,478 |
Capital Gain Net Income | $587,478 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $1,011,191 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $49,000 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $15 |
Total operating and administrative expenses | $61,015 |
Contributions, gifts, grants paid | $4,900,750 |
Total expenses and disbursements | $4,961,765 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1 |
Savings and temporary cash investments | $565,760 |
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 | $4,765,639 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $20,505,400 |
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 |
Over the last fiscal year, Cless Family Foundation has awarded $4,900,750 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
CHICAGO ENGINEERS' FOUNDATION PURPOSE: CHARITABLE | $25,000 |
BOOKS & BREAKFAST PURPOSE: EDUCATION | $30,000 |
CHICAGO LIGHTHOUSE PURPOSE: CHARITABLE | $50,000 |
CHILDCARE NETWORK OF EVANSTON PURPOSE: CHARTIABLE | $15,000 |
COUNTRYSIDE DAY SCHOOL PURPOSE: EDUCATION | $10,000 |
DUKE UNIVERSITY PURPOSE: MEDICAL RESEARCH | $300,000 |