Maclean Foundation
- Assets
- $22.4m
- Revenue
- $1.0m
- Investments
- $22.3m
- Employees
- 0
- Location
- Mundelein, IL
- Founding
- 12/1996
- Data as of
- 12/2023
- EIN
- 36-4055957
Organization Overview
Maclean Foundation is located in Mundelein, IL. The organization was established in 1996. 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. Maclean 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, Maclean Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 59.2% each year . All expenses for the organization totaled $6.3m during the year ending 12/2023. While expenses have increased by 61.9% per year over the past 9 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 2015, Maclean Foundation has awarded 39 individual grants totaling $17,485,493. 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 |
|---|---|---|---|
Adrian Jay President | 0 | $0 | |
Brooke Maclean Vice President | 0 | $0 | |
Gillian Growdon Secretary | 0 | $0 | |
Toby Bonaguro Asst. Secy | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,014,068 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,014,068 |
| 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 | $48,187 |
| Total operating and administrative expenses | $50,187 |
| Contributions, gifts, grants paid | $6,259,693 |
| Total expenses and disbursements | $6,309,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,550 |
| Savings and temporary cash investments | $0 |
| 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 | $45,913 |
| Total assets | $22,357,609 |
| 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, Maclean Foundation has awarded $6,259,693 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF CHICAGO PURPOSE: DONATION TO PHILANTHROPY, VOLUNTARISM AND GRANTMAKING | $1,488,263 |
DARTMOUTH COLLEGE PURPOSE: THAYER EXPANSION COMMITMENT | $2,000,000 |
SHIRLEY RYAN ABILITY LAB PURPOSE: DEDICATED TO PROVIDING THE BEST PATIENT OUTCOMES THROUGH THE HIGHEST-QUALITY CLINICAL CARE, TRANSLATIONAL RESEARCH, SCIENTIFIC DISCOVERY AND EDUCATION. | $675,000 |
RUFFED GROUSE SOCIETY PURPOSE: IMPROVE WILDLIFE HABITAT AND FOREST HEALTH FOR RUFFED GROUSE, AMERICAN WOODCOCK AND ALL FOREST WILDLIFE. | $100,000 |
MUSEUM OF SCIENCE AND INDUSTRY PURPOSE: BUILD PUBLIC UNDERSTANDING OF SCIENCE, SHOW HOW SCIENCE IMPACTS OUR SOCIETY AND INSPIRE EVERYONE TO THINK CRITICALLY ABOUT THE WORLD AROUND US. | $750,000 |
MILLENIUM PARK FOUNDATION PURPOSE: ENRICH THE WHOLE PARK, ADDING TO THE CRITICAL MASS OF ATTRACTIONS, AND THUS TO THE ABILITY OF THE PARK TO ATTRACT A DIVERSE GROUP OF VISITORS. | $500,000 |