Carylon Foundation
- Assets
- $24.5m
- Revenue
- $1.1m
- Investments
- $23.9m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/1958
- Data as of
- 06/2023
- EIN
- 36-6033583
Organization Overview
Carylon Foundation is located in Chicago, IL. The organization was established in 1958. 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. Carylon 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 06/2023, Carylon Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Carylon Foundation has awarded 185 individual grants totaling $3,927,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Mervis President & Director | 1 | $0 | |
Jonathan Mervis Secretary & Director | 1 | $0 | |
Ari Mervis Treasurer & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $750,000 |
| Interest on Savings | $163,502 |
| Dividends & Interest | $274,986 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$77,938 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,110,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,910 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $127 |
| Total operating and administrative expenses | $167,973 |
| Contributions, gifts, grants paid | $1,184,500 |
| Total expenses and disbursements | $1,352,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $126,977 |
| Savings and temporary cash investments | $439,975 |
| 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 | $24,477,266 |
| 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, Carylon Foundation has awarded $1,184,500 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
A SAFE HAVEN PURPOSE: CHARITY | $2,000 |
ACCESS LIVING PURPOSE: CHARITY | $5,000 |
AMERCIAN MACULAR DEGENERATION FOUNDATION PURPOSE: CHARITY | $1,000 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: RELIGIOUS | $10,000 |
AMMUD PURPOSE: CHARITY | $5,000 |
CHAI LIFELINE PURPOSE: CHARITY | $5,000 |