Gaylord And Dorothy Donnelley Foundation
- Assets
- $230.6m
- Revenue
- $16.0m
- Investments
- $220.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1954
- Data as of
- 12/2021
- EIN
- 36-6108460
Organization Overview
Gaylord And Dorothy Donnelley Foundation is located in Chicago, IL. The organization was established in 1954. 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. Gaylord And Dorothy Donnelley 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 12/2021, Gaylord And Dorothy Donnelley Foundation generated $16.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.4% each year . All expenses for the organization totaled $12.1m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 3 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 2019, Gaylord And Dorothy Donnelley Foundation has awarded 2,235 individual grants totaling $45,034,765. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOWCOUNTRY - LAND CONSERVATION - TO COORDINATE REGIONAL LAND CONSERVATION EFFORTS IN THE LOWCOUNTRY OF SOUTH CAROLINA.
CHICAGO REGION ARTS - TO NURTURE, DEVELOP AND STRENGTHEN THE CAPACITIES OF SMALL ARTS ORGANIZATIONS OF ALL DISCIPLINES IN CHICAGO.
CHICAGO - LAND CONSERVATION - TO COORDINATE REGIONAL LAND CONSERVATION EFFORTS IN THE CHICAGOLAND REGION.
CHARLESTON REGION ARTS - TO NURTURE, DEVELOP AND STRENGTHEN THE CAPACITIES OF SMALL ARTS ORGANIZATIONS OF ALL DISCIPLINES IN THE LOWCOUNTRY OF SOUTH CAROLINA.
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 |
|---|---|---|---|
David Farren Executive Director & Asst. Secretary | 40 | $340,231 | |
Baronica Roberson Dir Finance & Asst Treasurer | 40 | $181,000 | |
Laura Donnelley Director, Chairperson | 3 | $0 | |
Trenholm Walker Director, Treasurer | 2 | $0 | |
Denise Gardener Director, Secretary | 2 | $0 | |
Brian Bannon Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $37,369 |
| Dividends & Interest | $209,986 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,584,772 |
| Capital Gain Net Income | $19,119,444 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,154,678 |
| Total Revenue | $15,986,805 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $461,352 |
| Other employee salaries and wages | $828,293 |
| Pension plans, employee benefits | $384,789 |
| Interest | $0 |
| Taxes | $538,366 |
| Depreciation | $180,208 |
| Occupancy | $259,357 |
| Travel, conferences, and meetings | $25,343 |
| Printing and publications | $0 |
| Other expenses | $446,305 |
| Total operating and administrative expenses | $4,056,324 |
| Contributions, gifts, grants paid | $8,033,023 |
| Total expenses and disbursements | $12,089,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,709,158 |
| Net Accounts receivable | $10,987 |
| 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 | $82,243 |
| Net Investments - land, buildings, equipment | $5,515,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $175,966,104 |
| Net Land, buildings, and equipment | $392,059 |
| Other assets | $743,662 |
| Total assets | $230,638,982 |
| Accounts payable and accrued expenses | $165,353 |
| Grants payable | $4,552,906 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,185,079 |
| Total liabilities | $5,903,338 |
Grants Awarded
Over the last fiscal year, Gaylord And Dorothy Donnelley Foundation has awarded $8,847,411 in support to 641 organizations.
| Grant Recipient | Amount |
|---|---|
16TH STREET THEATER PURPOSE: GENERAL OPERATIONS | $8,500 |
2ND STORY PURPOSE: GENERAL OPERATIONS | $8,500 |
6018NORTH PURPOSE: GENERAL OPERATIONS | $7,500 |
A RED ORCHID THEATRE PURPOSE: GENERAL OPERATIONS | $10,000 |
A SHELTER FRIEND PURPOSE: EMPLOYEE MATCHING - REBECCA JUDD | $300 |
826 NATIONAL PURPOSE: DIRECTED GIVING FOR GENERAL OPERATIONS | $5,000 |