Moose Foundation Inc
- Assets
- $261.0m
- Revenue
- $19.7m
- Investments
- $101.3m
- Employees
- 0
- Location
- Mooseheart, IL
- Founding
- 03/1995
- Data as of
- 04/2022
- EIN
- 36-3993733
Organization Overview
Moose Foundation Inc is located in Mooseheart, IL. The organization was established in 1995. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Moose Foundation Inc 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 04/2022, Moose Foundation Inc generated $19.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $6.0m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MOOSE FOUNDATION OPERATES EXCLUSIVELY TO SUPPORT THE PURPOSES AND ENDEAVORS OF MOOSEHEART CHILD CITY AND SCHOOL, INC., MOOSEHAVEN, INC., AND MOOSE CHARITIES, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT PROVIDED TOWARD THE OPERATION AND MAINTENANCE OF A CHILDREN'S HOME KNOWN AS MOOSEHEART CHILD CITY AND SCHOOL, INC. MOOSEHEART PROVIDES FULL CARE FOR CHILDREN IN NEED, INCLUDING PROVIDING EDUCATION, VOCATIONAL TRAINING, HOME LIFE, RELIGIOUS INSTRUCTION, AND SOCIAL ACTIVITES. MOOSEHEART ALSO PROVIDES A WEALTH OF SUPPORT SERVICES AND ENRICHMENT PROGRAMS TO HELP YOUNG PEOPLE ATTAIN THEIR HIGHEST LEVEL OF SELF-FULFILLMENT. THE APPROXIMATE NUMBER OF INDIVIDUALS SERVED IS 150.
SUPPORT PROVIDED TOWARD THE OPERATION AND MAINTENANCE OF A HOME FOR DEPENDENT AGED MEMBERS KNOWN AS MOOSEHAVEN, INC. MOOSEHAVEN IS A RETIREMENT COMMUNITY THAT IS AVAILABLE TO QUALIFIED MOOSE MEMBERS AND THEIR SPOUSES WHO HAVE A NEED TO GO THERE FOR THEIR RETIREMENT YEARS. MOOSEHAVEN ASSUMES FULL RESPONSIBILITY FOR TOTAL CARE OF RESIDENTS, INCLUDING PROVIDING FOOD, CLOTHING, HOUSING, AND MEDICAL AND DENTAL CARE. MOOSEHAVEN ALSO BENEFITS THE COMMUNITY BY AIDING AND EXTENDING THE LIVES OF RESIDENTS AND ENABLING THEM TO LIVE SAFE, USEFUL, AND INDEPENDENT LIVES, AND TO RELIEVE STRESS. THE APPOXIMATE NUMBER OF INDIVIDUALS SERVED IS 300.
COLLEGE SCHOLARSHIPS ARE PROVIDED TO GRADUATES OF MOOSEHEART HIGH SCHOOL AND OTHER HIGH SCHOOLS. ALL CHILDREN ATTENDING SCHOOL AT MOOSEHEART HAVE SCHOLARSHIPS AVAILABLE TO THEM FOR POST HIGH SCHOOL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George W Mccullough III President/director | OfficerTrustee | 1 | $0 |
Judy Davis Vice President/director | OfficerTrustee | 1 | $0 |
Charles A Thulin Secretary/treasurer/director | OfficerTrustee | 1 | $0 |
Liguori V Saladin Director | Trustee | 1 | $0 |
F Ross Fleet Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,669,555 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,669,555 |
| Total Program Service Revenue | $0 |
| Investment income | $5,844,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,156,779 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,670,612 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,900,000 |
| Grants and other assistance to domestic individuals. | $149,934 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,049,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,743 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $159,614,111 |
| Investments—other securities | $101,323,985 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,958 |
| Total assets | $261,014,797 |
| Accounts payable and accrued expenses | $8,726 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $34,647 |
| Total liabilities | $43,373 |
| Net assets without donor restrictions | $29,300,817 |
| Net assets with donor restrictions | $231,670,607 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $261,014,797 |
Grants Awarded
Over the last fiscal year, Moose Foundation Inc has awarded $5,900,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Mooseheart, IL PURPOSE: To provide additional funds for care of children in need | $3,500,000 |
Mooseheart, IL PURPOSE: To provide additional funds for care of elderly in need | $2,400,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Moose Foundation Inc has recieved totaling $5,747,477.
| Awarding Organization | Amount |
|---|---|
Moose Charities Inc Mooseheart, IL PURPOSE: To endow the funding of Mooseheart & Moosehaven | $5,747,477 |
Endowment Analysis
| Beg. Balance | $262,376,056 |
| Earnings | -$1,008,213 |
| Net Contributions | $5,524,669 |
| Other Expense | $10,017,232 |
| Ending Balance | $256,875,280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sojourner Foundation Inc Milwaukee, WI | $5,493,853 | $4,205,530 |
Bloomington-Normal Ymca Charitable Foundation Nfp Bloomington, IL | $12,002,532 | $7,012,515 |
Moose Foundation Inc Mooseheart, IL | $261,014,797 | $19,670,612 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
West Bend Community Foundation Inc Milwaukee, WI | $79,149,428 | $10,575,689 |
Glasser And Rosenthal Family Foundation Chicago, IL | $0 | $604,291 |
Arthur Dean Family Foundation Inc Fishers, IN | $75,273,545 | $2,866,490 |
Real Estate Charitable Foundation Kansas City, MO | $43,935,265 | $4,204,580 |
Barbara Mettler Personal Tr Champaign, IL | $0 | $38,620 |
Friends Of Penfield Childrens Center Inc Milwaukee, WI | $8,290,252 | $2,579,522 |
Shure Charitable Tr Created Uw Of Sidney N Shure Chicago, IL | $52,599,907 | $2,093,307 |
Grhs-Fmch Community Health Foundation Fort Madison, IA | $2,014,247 | $542,738 |