Chauncey And Marion Deering Mccormick 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. Chauncey And Marion Deering Mccormick 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 07/2022, Chauncey And Marion Deering Mccormick Foundation generated $3.8m 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 (13.6%) each year. All expenses for the organization totaled $2.9m during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chauncey And Marion Deering Mccormick Foundation has awarded 424 individual grants totaling $23,858,364. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3,412 |
Dividends & Interest | $2,101,164 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,614,136 |
Capital Gain Net Income | $1,614,136 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $117,900 |
Total Revenue | $3,836,612 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $51,189 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $51,872 |
Total operating and administrative expenses | $127,161 |
Contributions, gifts, grants paid | $2,810,000 |
Total expenses and disbursements | $2,937,161 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,390,226 |
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 | $16,057 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $164,933 |
Total assets | $93,273,534 |
Accounts payable and accrued expenses | $1,678 |
Grants payable | $2,755,000 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $635,112 |
Total liabilities | $3,391,790 |
Over the last fiscal year, Chauncey And Marion Deering Mccormick Foundation has awarded $5,160,000 in support to 80 organizations.
Grant Recipient | Amount |
---|---|
NORTHWESTERN MEMORIAL FOUNDATION PURPOSE: HOSPITALS, HEALTH, AND MEDICAL | $400,000 |
Alexandria, VA PURPOSE: SOCIAL SERVICES | $295,000 |
Alexandria, VA PURPOSE: SOCIAL SERVICES | $207,000 |
ST CHRYSOSTOM'S CHURCH AND DAY SCHOOL PURPOSE: SOCIAL SERVICES | $200,000 |
NORTHWESTERN MEMORIAL FOUNDATION PURPOSE: HOSPITALS, HEALTH, AND MEDICAL | $200,000 |
SPECIAL OPERATIONS PURPOSE: SOCIAL SERVICES | $170,000 |
Organization Name | Assets | Revenue |
---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |