Nib Foundation
- Assets
- $0.0
- Revenue
- $79.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bannockburn, IL
- Founding
- Data as of
- 08/2018
- EIN
- 36-4464875
Organization Overview
Nib Foundation is located in Bannockburn, IL.
For the year ending 08/2018, Nib Foundation generated $79.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $2.9m during the year ending 08/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy C Rozenberg Environmental Grant | 40 | $90,000 | |
Richard A Covello Arts Grant Coord | 40 | $90,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,157 |
| Interest on Savings | $45,184 |
| Dividends & Interest | $7,213 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,453 |
| Capital Gain Net Income | $6,453 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,007 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $180,000 |
| Pension plans, employee benefits | $0 |
| Interest | $35 |
| Taxes | $14,520 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,968 |
| Total operating and administrative expenses | $226,102 |
| Contributions, gifts, grants paid | $2,670,000 |
| Total expenses and disbursements | $2,896,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, Nib Foundation has awarded $2,670,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BALLET THEATRE PURPOSE: ARTISTIC, SOCIAL, AND EDUCATIONAL PURPOSES | $495,000 |
AUDITORIUM THEATRE OF ROOSEVELT UNIVERSITY PURPOSE: ARTISTIC, SOCIAL, AND EDUCATIONAL PURPOSES | $200,000 |
BALLET CHICAGO PURPOSE: ARTISTIC, SOCIAL, AND EDUCATIONAL PURPOSES | $40,000 |
CEDILLE RECORDS PURPOSE: ARTISTIC, SOCIAL, AND EDUCATIONAL PURPOSES | $25,000 |
CHICAGO FOOD DEPOSITORY PURPOSE: ARTISTIC, SOCIAL, AND EDUCATIONAL PURPOSES | $15,000 |
CHICAGO OPERA THEATRE PURPOSE: ARTISTIC, SOCIAL, AND EDUCATIONAL PURPOSES | $10,000 |