Everett Mckinley Dirksen Endowment Fund
- Assets
- $6.9m
- Revenue
- $362.3k
- Investments
- $5.8m
- Employees
- 0
- Location
- Pekin, IL
- Founding
- 07/1965
- Data as of
- 09/2023
- EIN
- 36-6132816
Organization Overview
Everett Mckinley Dirksen Endowment Fund is located in Pekin, IL. The organization was established in 1965. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Everett Mckinley Dirksen Endowment Fund 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 09/2023, Everett Mckinley Dirksen Endowment Fund generated $362.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $506.4k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Everett Mckinley Dirksen Endowment Fund has awarded 91 individual grants totaling $310,291. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND ARCHIVAL PROGRAM SERVICES - THE CENTER AWARDS CONGRESSIONAL RESEARCH GRANTS TO SCHOLARS FROM THE DISCIPLINES OF HISTORY, POLITICAL SCIENCE, AND PUBLIC POLICY TO ASSIST IN THEIR WRITING AND TEACHING ABOUT CONGRESS. THE CENTER ALSO MAINTAINS NEARLY 4,000 LINEAR FEET OF HISTORICAL MANUSCRIPT COLLECTIONS DOCUMENTING THE CAREERS OF FOUR MEMBERS OF CONGRESS. THESE COLLECTIONS ARE COMPLEMENTED BY MORE THAN 75 SMALLER COLLECTIONS.
PUBLIC PROGRAM SERVICES - THE CENTER CO-SPONSORS AN ANNUAL PUBLIC POLICY SYMPOSIUM WITH BRADLEY UNIVERSITY'S INSTITUTE FOR PRINCIPLED LEADERSHIP, AWARDS A SCHOLARSHIP ANNUALLY TO STUDENTS AT BRADLEY UNIVERSITY, SERVES IN LEADERSHIP POSITIONS IN SUCH PROFESSIONAL ORGANIZATIONS AS THE ASSOCIATION OF CENTERS FOR THE STUDY OF CONGRESS, AND USES A VARIETY OF SOCIAL MEDIA PLATFORMS TO PROMOTE ITS PROGRAMS AND SERVICES.
GENERAL AND PUBLIC EDUCATION ACTIVITIES BY THE DIRKSEN CENTER INCLUDES DISSEMINATING HISTORICAL INFORMATION VIA SOCIAL MEDIA PLATFORMS, AIDING YOUNGER STUDENTS WHO ARE CONDUCTING RESEARCH AND WRITING PAPERS ABOUT EVERETT DIRKSEN, PROVIDING MATERIALS TO STUDENTS AND EDUCATORS ALIKE WHO ARE TEACHING/ LEARNING ABOUT CONGRESS AND ITS MEMBERS (BOTH PAST AND PRESENT), PARTICIPATING IN EDUCATIONAL PROGRAMS ORGANIZED BY OTHER NOT-FOR-PROFIT ORGANIZATIONS, AND OFFERING PRESENTATIONS (BOTH VIRTUALLY AND IN-PERSON) TO THE BROADER COMMUNITY ON TOPICS SUCH AS CONGRESS, GOVERNMENT, HISTORY, AND LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Jensen Director | 2 | $0 | |
Carol Merna Director | 2 | $0 | |
Debbie Simon Director | 2 | $0 | |
Don Shafer Director | 2 | $0 | |
Dr Dakota Horn President | 2 | $0 | |
Emily Lambe Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,475 |
| Interest on Savings | $0 |
| Dividends & Interest | $182,132 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $117,171 |
| Capital Gain Net Income | $117,171 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,486 |
| Total Revenue | $362,264 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $92,820 |
| Other employee salaries and wages | $112,000 |
| Pension plans, employee benefits | $10,240 |
| Interest | $1,113 |
| Taxes | $18,714 |
| Depreciation | $44,012 |
| Occupancy | $22,547 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,800 |
| Other expenses | $121,114 |
| Total operating and administrative expenses | $455,294 |
| Contributions, gifts, grants paid | $51,103 |
| Total expenses and disbursements | $506,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,424 |
| Savings and temporary cash investments | $35,350 |
| 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 | $4,285 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,819,836 |
| Net Land, buildings, and equipment | $962,470 |
| Other assets | $0 |
| Total assets | $6,921,722 |
| Accounts payable and accrued expenses | $4,603 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $19,905 |
| Other liabilities | $0 |
| Total liabilities | $24,508 |
Grants Awarded
Over the last fiscal year, Everett Mckinley Dirksen Endowment Fund has awarded $51,103 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY PURPOSE: CONGRESSIONAL RESEARCH REWARD | $3,500 |
MICHAEL FORTNER PURPOSE: CONGRESSIONAL RESEARCH REWARD | $4,963 |
TRINITY UNIVERSITY PURPOSE: CONGRESSIONAL RESEARCH REWARD | $4,997 |
JAMES MADISON UNIVERSITY PURPOSE: CONGRESSIONAL RESEARCH REWARD | $5,000 |
MRIDU CHANDRA PURPOSE: CONGRESSIONAL RESEARCH REWARD | $8,971 |
PATRICIA MCADAMS GIBBONS PURPOSE: CONGRESSIONAL RESEARCH REWARD | $2,500 |