John & Susan Dewan Foundation
- Assets
- $869.0k
- Revenue
- $634.4k
- Investments
- $802.2k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 36-4339823
Organization Overview
John & Susan Dewan Foundation is located in Chicago, IL. The organization was established in 2000. 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. John & Susan Dewan 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, John & Susan Dewan Foundation generated $634.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $413.9k during the year ending 12/2023. While expenses have increased by 3.1% 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 2020, John & Susan Dewan Foundation has awarded 202 individual grants totaling $1,180,606. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT WRITING: THE JOHN & SUSAN DEWAN FOUNDATION PREPARED THREE GRANT PROPOSALS ON BEHALF OF LOCAL NON-PROFIT ORGANIZATIONS DURING THE YEAR. TOTAL GRANT AWARDS FOR THESE PROPOSALS DURING 2015 ALONG WITH AWARDS ANNOUNCED IN 2015 FOR PROPOSALS SUBMITTED EARLIER TOTALED $28,900.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Dewan President/treasurer | 20 | $0 | |
Susan Dewan Vp/director | 3 | $0 | |
Thomas Teeling Executive Director/secretary | 3 | $9,890 | |
Maria Lefkow Sorenson Executive Director | 25 | $80,806 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $281,391 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,927 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $324,121 |
| Capital Gain Net Income | $324,121 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $634,439 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $92,993 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $174 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $94 |
| Printing and publications | $0 |
| Other expenses | $7,865 |
| Total operating and administrative expenses | $123,323 |
| Contributions, gifts, grants paid | $290,542 |
| Total expenses and disbursements | $413,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $66,811 |
| 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 | $0 |
| Total assets | $869,035 |
| 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 | $766 |
| Total liabilities | $766 |
Grants Awarded
Over the last fiscal year, John & Susan Dewan Foundation has awarded $290,542 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
BONAVENTURE HOUSE PURPOSE: OCCUPATIONAL THERAPY PROGRAM FOR HOMELESS AIDS PATIENTS. | $2,000 |
AMATE HOUSE PURPOSE: SUPPORT FOR VOLUNTEERS WORKING IN SCHOOLS AND SOCIAL SERVICE AGENCIES. | $1,000 |
THE BOULEVARD PURPOSE: EMPLOYMENT PROGRAM FOR HOMELESS PEOPLE RECOVERING FROM ILLNESS OR INJURY. | $3,500 |
CARE FOR FRIENDS PURPOSE: FOOD AND BASIC SERVICES FOR THE HOMELESS. | $2,500 |
CARAVAN TO CLASS PURPOSE: SCHOOL CONSTRUCTION AND EDUCATION SUPPORT IN TIMBUKTU, MALI. | $5,000 |
CENTRAL HONDURAN EDUCATION FUND PURPOSE: EDUCATION SUPPORT FOR POOR STUDENTS IN VILLAGES NEAR TEGUCIGALPA, HONDURAS. | $3,000 |