Leslie J Raffel Foundation
- Assets
- $1.0m
- Revenue
- $91.2k
- Investments
- $1.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1999
- Data as of
- 04/2024
- EIN
- 36-4230133
Organization Overview
Leslie J Raffel Foundation is located in Chicago, IL. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Leslie J Raffel 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 04/2024, Leslie J Raffel Foundation generated $91.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 39.0% each year . All expenses for the organization totaled $155.0k during the year ending 04/2024. While expenses have increased by 24.7% per year over the past 8 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 2016, Leslie J Raffel Foundation has awarded 32 individual grants totaling $448,762. 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 |
|---|---|---|---|
Jeff Kramer Vice President | 1 | $19,000 | |
Robert G Gerber President | 1 | $0 | |
Harry M Kramer Director | 1 | $0 | |
Marshall Gerber Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,234 |
| 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 | $91,234 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,000 |
| Other employee salaries and wages | $60,800 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,910 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $278 |
| Total operating and administrative expenses | $84,988 |
| Contributions, gifts, grants paid | $70,000 |
| Total expenses and disbursements | $154,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,674 |
| 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 | $243,621 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,041,979 |
| 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, Leslie J Raffel Foundation has awarded $70,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SIGMA ALPHA MU PURPOSE: SCHOLARSHIPS AND SUPPORT SERVICES FOR STUDENTS | $10,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: FIGHT THE DEFAMATION OF THE JEWISH PEOPLE AND OTHERS AND TO SECURE JUSTICE AND FAIR TREATMENT TO ALL | $35,000 |
PURDUE UNIVERSITY PURPOSE: GATEWAY BUILDING PROJECT | $25,000 |