Pritzker Foundation is located in Chicago, IL. The organization was established in 1948. 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. Pritzker 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, Pritzker Foundation generated $36.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $43.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas J Pritzker Director & V.P. | 0 | $0 | |
Gigi Pritzker Pucker Director & President | 0 | $0 | |
Penny S Pritzker Director & V.P. | 0 | $0 | |
Nicholas J Pritzker Director & V.P. | 0 | $0 | |
Ronald D Wray V.P. & Secretary | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pricewaterhousecoopers Llp | 12/30/19 | $80,000 |
Monticello Associates Inc | 12/30/19 | $226,000 |
Loeb & Loeb Llp | 12/30/19 | $62,604 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $2,696,523 |
Dividends & Interest | $3,362,699 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $24,139,465 |
Capital Gain Net Income | $24,139,465 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $5,994,933 |
Total Revenue | $36,193,620 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $122,000 |
Pension plans, employee benefits | $9,761 |
Interest | $773,097 |
Taxes | $2,119,226 |
Depreciation | $1,165 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $5,315,692 |
Total operating and administrative expenses | $8,671,631 |
Contributions, gifts, grants paid | $34,483,333 |
Total expenses and disbursements | $43,154,964 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,091,147 |
Savings and temporary cash investments | $39,370,684 |
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 | $402,804,348 |
Net Land, buildings, and equipment | $485 |
Other assets | $17,130,925 |
Total assets | $465,397,589 |
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 | $7,107 |
Total liabilities | $7,107 |