David F And Margaret T Grohne Family Foundation

Organization Overview

David F And Margaret T Grohne Family Foundation is located in Western Springs, IL. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. David F And Margaret T Grohne 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 12/2021, David F And Margaret T Grohne Family Foundation generated $15.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $11.1m during the year ending 12/2021. While expenses have increased by 31.8% 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, David F And Margaret T Grohne Family Foundation has awarded 73 individual grants totaling $18,577,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION DOES NOT CONDUCT ANY DIRECT CHARITABLEACTIVITIES, ACCORDINGLY, THERE IS NO RELEVANT STATISTICALINFORMATION


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,000,000
Interest on Savings $0
Dividends & Interest $4,265,910
Net Rental Income$0
Net Gain on Sale of Assets $9,633,615
Capital Gain Net Income $9,633,615
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $4,746
Total Revenue $15,904,271

Grants Awarded

Over the last fiscal year, David F And Margaret T Grohne Family Foundation has awarded $10,090,000 in support to 36 organizations.

Grant RecipientAmount

Rochester, MN

PURPOSE: CHARITABLE

$5,000,000

DUCKS UNLIMITED INC

Org PageRecipient Profile

Memphis, TN

PURPOSE: CHARITABLE

$1,500,000

HILLSDALE COLLEGE

Org PageRecipient Profile

Hillsdale, MI

PURPOSE: CHARITABLE

$1,000,000

UNIVERSITY OF COLORADO BOULDER

PURPOSE: CHARITABLE

$1,000,000

THE NATURE CONSERVANCY

Org PageRecipient Profile

Arlington, VA

PURPOSE: CHARITABLE

$355,000

WETLANDS INITIATIVE

Org PageRecipient Profile

Chicago, IL

PURPOSE: CHARITABLE

$350,000
View Grant Profile

Create an account to unlock the data you need.

or