Carol Lavin Bernick Family Foundation

Organization Overview

Carol Lavin Bernick Family Foundation is located in Chicago, IL. The organization was established in 1998. 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. Carol Lavin Bernick 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, Carol Lavin Bernick Family Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $449.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Carol Lavin Bernick Family Foundation has awarded 668 individual grants totaling $4,286,395. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $246
Dividends & Interest $135,043
Net Rental Income$0
Net Gain on Sale of Assets $1,042,195
Capital Gain Net Income $1,042,242
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,177,484

Grants Awarded

Over the last fiscal year, Carol Lavin Bernick Family Foundation has awarded $365,275 in support to 62 organizations.

Grant RecipientAmount

NEW VOCATIONS

PURPOSE: GENERAL FUND

$60,200

BROTHER RICE HIGH SCHOOL

PURPOSE: GENERAL FUND

$40,000

NORTHWESTERN MEMORIAL FOUNDATION

PURPOSE: GENERAL FUND

$30,500

US OLYMPIC AND PARAOLYMPIC FOUNDATION

PURPOSE: GENERAL FUND

$26,000

AMERICAN RED CROSS

PURPOSE: GENERAL FUND

$25,000

Lexington, KY

PURPOSE: GENERAL FUND

$20,000
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