Fund For Enlightment Inc
- Assets
- $908.0k
- Revenue
- $21.7k
- Investments
- $890.3k
- Employees
- 0
- Location
- Highland Park, IL
- Founding
- 06/1961
- Data as of
- 12/2022
- EIN
- 36-6063973
Organization Overview
Fund For Enlightment Inc is located in Highland Park, IL. The organization was established in 1961. 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. Fund For Enlightment Inc 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 12/2022, Fund For Enlightment Inc generated $21.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $34.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fund For Enlightment Inc has awarded 51 individual grants totaling $242,232. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Drexler Chairman | 4 | $0 | |
Jason Drexler Treasurer | 2 | $0 | |
Dan Drexler Chairman | 4 | $0 | |
Jason Drexler Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,274 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,389 |
| Capital Gain Net Income | $6,389 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,309 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $286 |
| Total operating and administrative expenses | $3,595 |
| Contributions, gifts, grants paid | $31,300 |
| Total expenses and disbursements | $34,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,040 |
| Savings and temporary cash investments | $3,604 |
| 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 | $907,986 |
| 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, Fund For Enlightment Inc has awarded $31,300 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
KESHET PURPOSE: RECIPIENT DISCRETION | $2,000 |
AM SHALOM PURPOSE: RECIPIENT DISCRETION | $3,300 |
ILLINOIS HOLOCAUST MUSEUM PURPOSE: RECIPIENT DISCRETION | $5,000 |
SALT LAKE CLIMBERS ALLIANCE PURPOSE: RECIPIENT DISCRETION | $3,000 |
JEWISH UNITED FUND PURPOSE: RECIPIENT DISCRETION | $5,000 |
ALL LACED UP ATHLETICS PURPOSE: RECIPIENT DISCRETION | $3,000 |