Kovler Family Foundation
- Assets
- $0.0
- Revenue
- $7.5m
- Investments
- $38.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1967
- Data as of
- 12/2020
- EIN
- 36-6152744
Organization Overview
Kovler Family Foundation is located in Chicago, IL. The organization was established in 1967. 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. Kovler Family 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 12/2020, Kovler Family Foundation generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 54.3% each year . All expenses for the organization totaled $5.8m during the year ending 12/2020. While expenses have increased by 28.2% 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 2020, Kovler Family Foundation has awarded 366 individual grants totaling $10,823,800. 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 |
|---|---|---|---|
Jonathan Kovler Pres/cb/dir | 35 | $129,000 | |
Brian T Burke Controller | 40 | $125,625 | |
Gina Rosanova Exec. Admin | 40 | $90,875 | |
Sergio Gonzalez Accountant | 40 | $72,646 | |
Benjamin Kovler Tr/mng/dir | 15 | $60,000 | |
Casey Benjamin Ast Secretary | 35 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $838,142 |
| Profit on Inventory Sales | $0 |
| Other Income | -$302,177 |
| Total Revenue | $7,494,018 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $129,200 |
| Pension plans, employee benefits | $70,946 |
| Depreciation | $10,456 |
| Occupancy | $135,677 |
| Travel, conferences, and meetings | $5,194 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,133,026 |
| Contributions, gifts, grants paid | $4,636,136 |
| Total expenses and disbursements | $5,769,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,166 |
| Investments—mortgage loans | $0 |
| Investments—other | $23,903,400 |
| Other assets | $51 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kovler Family Foundation has awarded $5,513,102 in support to 185 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GENERAL WELFARE-TO AID IN ACHIEVING THE EXEMPT PURPOSE OF THE VARIOUS DONEE ORGANIZATIONS.DONATED 5,000 SHS OF ROSS STORES, INC(ROST)STOCK @ AVERAGE PRICE OF $113.115 PER SHARE ON 12/29/2021DONATED 2,500 SHS OF DOLLAR GENERAL CORP(DG)STOCK @ AVERAGE PRICE OF $231.33 PER SHARE ON 12/29/2021CASH AMOUNT $356,100.00 | $1,500,000 |
Chicago, IL PURPOSE: MEDICAL-TO AID IN ACHIEVING THE EXEMPT PURPOSE OF THE VARIOUS DONEE ORGANIZATIONS.DONATED 3,000 SHS OF WALMART INC (WMT)STOCK @ AVERAGE PRICE OF $139.505 PER SHARE ON 12/23/2021CASH AMOUNT $482,485.00 | $901,000 |
LINCOLN PARK ZOO PURPOSE: TO AID IN ACHIEVING THE EXEMPT PURPOSE OF THE VARIOUS DONEE ORGANIZATIONS. | $394,562 |
Chicago, IL PURPOSE: GENERAL WELFARE-TO AID IN ACHIEVING THE EXEMPT PURPOSE OF THE VARIOUS DONEE ORGANIZATIONS. | $277,500 |
Bloomington, MN PURPOSE: MEDICAL-TO AID IN ACHIEVING THE EXEMPT PURPOSE OF THE VARIOUS DONEE ORGANIZATIONS. | $250,000 |
Chicago, IL PURPOSE: CULTURAL & CIVIC-TO AID IN ACHIEVING THE EXEMPT PURPOSE OF THE VARIOUS DONEE ORGANIZATIONS. | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |