Community Foundation Of The Fox River Valley
- Assets
- $129.4m
- Revenue
- $19.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Aurora, IL
- Founding
- 01/1950
- Data as of
- 12/2021
- EIN
- 36-6086742
Organization Overview
Community Foundation Of The Fox River Valley is located in Aurora, IL. The organization was established in 1950. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of The Fox River Valley employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of The Fox River Valley 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 12/2021, Community Foundation Of The Fox River Valley generated $19.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $7.1m during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of The Fox River Valley has awarded 607 individual grants totaling $23,059,801. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC COMMUNITY FOUNDATION TO ENHANCE AND SUPPORT THE QUALITY OF LIFE IN THE FOX RIVER VALLEY AREA OF OF NORTHEASTERN ILLINOIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION AND DISTRIBUTION OF DONATED PROPERTY IN ACCORDANCE WITH THE TERMS OF GIFTS, BEQUESTS OR OTHER DEVISES. FOUNDATION FUNDS ARE USED TO PROVIDE GRANTS, SCHOLARSHIPS TO AREA STUDENTS ANDENHANCE AND SUPPORT THE QUALITY OF LIFE IN THE AREA. AS A RESUL OF A NATIONAL SETTLEMENT, THE ILLINOIS ATTORNEY GENERAL AWARDED A GRANT, IN PARTNERSHIP WITH JOSEPH CORPORATION, FOX VALLEY HABITAT FOR HUMANITY AND HABITAT FOR HUMANITY OF NORTHERN FOX VALLEY, KANE COUNTY OFFICE OF COMMUNITY REINVESTMENT, AND NEIGHBORHOOD HOUSING SERVICES OF CHICAGO TO SUPPORT A GEOGRAPHICALLY-TARGETED EFFORT TO REDEVELOP AND STABILIZE PRIORITY NEIGHBORHOOD BLOCKS IN VARIOUS COMMUNITIES ALONG THE FOX RIVER VALLEY FROM FORECLOSURES AND VACANT PROPERTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Christman President And CEO | Officer | 50 | $150,128 |
Austin Dempsey Vice Chairman | OfficerTrustee | 1 | $0 |
Scott Voris Chairman | OfficerTrustee | 1 | $0 |
Lourdes Blacksmith Secretary | OfficerTrustee | 1 | $0 |
James Eccher Treasurer | OfficerTrustee | 1 | $0 |
Duncan Alexander Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $66,534 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,997,076 |
| Noncash contributions included in lines 1a–1f | $898,198 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,063,610 |
| Total Program Service Revenue | $0 |
| Investment income | $2,195,811 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,310,349 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,610,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,511,322 |
| Grants and other assistance to domestic individuals. | $1,155,575 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $159,242 |
| Compensation of current officers, directors, key employees. | $159,242 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $340,849 |
| Pension plan accruals and contributions | $34,696 |
| Other employee benefits | $39,467 |
| Payroll taxes | $42,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,700 |
| Fees for services: Accounting | $30,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $535,088 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $152,229 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,111 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,999 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,728 |
| Insurance | $1,411 |
| All other expenses | $38,651 |
| Total functional expenses | $7,127,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,403,118 |
| Savings and temporary cash investments | $1,441,583 |
| Pledges and grants receivable | $3,500 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $554,631 |
| Investments—publicly traded securities | $121,977,934 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,468 |
| Total assets | $129,427,234 |
| Accounts payable and accrued expenses | $26,300 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,300 |
| Net assets without donor restrictions | $29,341,194 |
| Net assets with donor restrictions | $100,059,740 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $129,427,234 |
Grants Awarded
Over the last fiscal year, Community Foundation Of The Fox River Valley has awarded $2,085,826 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
St Louis, MO PURPOSE: BENEFIT GREATER AURO | $350,000 |
Elgin, IL PURPOSE: BENEFIT GREATER AURO | $200,000 |
Bethesda, MD PURPOSE: BENEFIT GREATER AURO | $100,000 |
North Chicago, IL PURPOSE: BENEFIT GREATER AURO | $100,000 |
Lexington, KY PURPOSE: BENEFIT GREATER AURO | $100,000 |
Urbana, IL PURPOSE: BENEFIT GREATER AURO | $80,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Community Foundation Of The Fox River Valley has recieved totaling $336,990.
| Awarding Organization | Amount |
|---|---|
Dunham Foundation Aurora, IL PURPOSE: PROGRAM SUPPORT | $268,350 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Motorola Solutions Foundation Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Fox Valley United Way Aurora, IL PURPOSE: PROGRAM SUPPORT | $5,910 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $5,500 |
Carson Family Foundation Kildeer, IL PURPOSE: CONTRIBUTIONS ARE FOR UNRESTRICTED PURPOSES | $1,000 |
Endowment Analysis
| Beg. Balance | $90,653,282 |
| Earnings | $13,206,726 |
| Admin Expense | $433,051 |
| Net Contributions | $1,927,971 |
| Grants | $1,717,587 |
| Ending Balance | $103,637,341 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
Community Foundation Of St Joseph County Inc South Bend, IN | $247,009,993 | $29,572,898 |
St Louis Community Foundation St Louis, MO | $112,098,850 | $20,148,169 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Community Foundation Of Greater Fort Wayne Inc Fort Wayne, IN | $181,936,459 | $11,602,152 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |