Foglia Family Foundation
- Assets
- $37.3m
- Revenue
- $3.9m
- Investments
- $32.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1995
- Data as of
- 09/2023
- EIN
- 36-3925857
Organization Overview
Foglia Family Foundation is located in Chicago, IL. The organization was established in 1995. 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. Foglia 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 09/2023, Foglia Family Foundation generated $3.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $12.1m during the year ending 09/2023. While expenses have increased by 5.6% per year over the past 4 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 2020, Foglia Family Foundation has awarded 361 individual grants totaling $29,272,178. 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 |
|---|---|---|---|
Patricia A Foglia Pres. & Dir. | 0 | $0 | |
Vincent W Foglia Sec,tres, Dir | 0 | $0 | |
Kymberly A Foglia Director | 0 | $0 | |
Vincent J Foglia Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Merrill Lynch | 9/29/23 | $113,319 |
Segall Bryant & Hamill | 9/29/23 | $93,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,328,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $860,457 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$467,500 |
| Capital Gain Net Income | $3,522,834 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $148,224 |
| Total Revenue | $3,869,381 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $67,033 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,446 |
| Total operating and administrative expenses | $335,083 |
| Contributions, gifts, grants paid | $11,776,741 |
| Total expenses and disbursements | $12,111,824 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,128,892 |
| Savings and temporary cash investments | $1,904,795 |
| 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 | $3,597,887 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,299,584 |
| Total assets | $37,349,170 |
| 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 | $15,669 |
| Total liabilities | $15,669 |
Grants Awarded
Over the last fiscal year, Foglia Family Foundation has awarded $11,776,741 in support to 120 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS LIVING PURPOSE: GENERAL CHARITABLE PURPOSES | $200,000 |
A KID AGAIN PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
ADVOCATE GOOD SHEPHERD PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
ALEXANDER LEIGH CENTER FOR AUTISM PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL CHARITABLE PURPOSES | $45,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |