Sheba Foundation
- Assets
- $39.4m
- Revenue
- $3.6m
- Investments
- $33.2m
- Employees
- 0
- Location
- Aurora, IL
- Founding
- 11/1994
- Data as of
- 12/2023
- EIN
- 36-3976909
Organization Overview
Sheba Foundation is located in Aurora, IL. The organization was established in 1994. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Sheba 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 12/2023, Sheba Foundation generated $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 13.0% per year over the past 8 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 2016, Sheba Foundation has awarded 118 individual grants totaling $18,381,279. 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 |
|---|---|---|---|
Sheldon Lavin Past President | 2 | $0 | |
Steven Lavin President | 1 | $0 | |
Deborah Rosenberg Dir/ass't Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,191,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,362,146 |
| Capital Gain Net Income | $2,362,146 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,553,710 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48,101 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $229,223 |
| Total operating and administrative expenses | $292,825 |
| Contributions, gifts, grants paid | $1,123,979 |
| Total expenses and disbursements | $1,416,804 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,116,944 |
| 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 | $7,727,079 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,353,140 |
| 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, Sheba Foundation has awarded $1,123,979 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
RUSH UNIVERSITY MEDICAL CENTER PURPOSE: FOR CANCER CENTER AT NEW MEDICAL FACILITY | $25,000 |
NAT'L MULTIPLE SCLEROSIS SOCIETY - PURPOSE: MEDICAL RELATING TO MULTIPLE SCLEROSIS. | $40,000 |
JEWISH UNITED FUND PURPOSE: CHARITABLE CAUSES CONSISTENT WITHJEWISH ETHICS | $100,605 |
RONALD MCDONALD HOUSE CHARITIES PURPOSE: FAMILY ROOM PROGRAM AND GENERAL PROGRAMS FOR SUPPORT OF PARENTS OF CHLDREN NEEDING MAJOR MEDICAL CARE | $5,000 |
GOODMAN THEATRE PURPOSE: SUPPORT PERFORMING ARTS | $35,000 |
SINAI HEALTH SYSTEM PURPOSE: GENERAL HOSPITAL FUNDING | $25,000 |