Acorn Foundation is located in Chicago, IL. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acorn Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ralph Wanger President | 0 | $0 | |
Kathleen Tucker Treasurer | 0 | $0 | |
Eric David Wanger Director | 0 | $0 | |
Leonard Ralph Wanger Director | 0 | $0 | |
Debra Jane Wanger Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $5 |
Dividends & Interest | $837 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$33,770 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$32,928 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $514 |
Total operating and administrative expenses | $17,804 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $17,804 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $193,691 |
Savings and temporary cash investments | $29,063 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $556,312 |
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, Acorn Foundation has awarded $45,000 in support to 32 organizations.
Grant Recipient | Amount |
---|---|
ACTION AGAINST HUNGER-USA PURPOSE: HUMAN SERVICES | $1,200 |
ANSHE EMET SYNAGOGUE PURPOSE: RELIGIOUS | $1,000 |
CHARITYWATER PURPOSE: ENVIRONMENTAL | $1,000 |
CHICAGO SYMPHONY ORCHESTRA PURPOSE: CULTURAL | $1,000 |
HABITAT FOR HUMANITY PURPOSE: HUMAN SERVICESHUMAN SERVICES | $1,000 |
FEDERALIST SOCIETY PURPOSE: ADVOCACY | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Edgar & Lucile Schergens Foundation Inc Tell City, IN | $6,893,377 | $222,582 |
O Natalie Proctor Revocable Trust Chicago, IL | $1,227,942 | $65,568 |
B & S Lang Charitable Trust Chicago, IL | $602,316 | $48,333 |
Damian P And Marie Mccarthy Alagia Family Charitable Foundation Louisville, KY | $556,031 | $13,358 |
Martin J Taub & Irene M Taub Memorial Fund Chicago, IL | $563,061 | $36,982 |
Acorn Foundation Chicago, IL | $556,312 | -$32,928 |