Fairchild Foundation Dtd 112596
- Assets
- $204.1k
- Revenue
- $56.3k
- Investments
- $127.8k
- Employees
- 0
- Location
- Lake Forest, IL
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 36-7164488
Organization Overview
Fairchild Foundation Dtd 112596 is located in Lake Forest, IL. The organization was established in 1997. 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. Fairchild Foundation Dtd 112596 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, Fairchild Foundation Dtd 112596 generated $56.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $16.9k during the year ending 12/2022. While expenses have increased by 0.2% 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.
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 |
|---|---|---|---|
Paul W Fairchild Jr Trustee | 1 | $0 | |
Rebecca M Fairchild Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $173 |
| Dividends & Interest | $8,011 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,162 |
| Capital Gain Net Income | $48,162 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,022 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $423 |
| Total operating and administrative expenses | $4,373 |
| Contributions, gifts, grants paid | $12,571 |
| Total expenses and disbursements | $16,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,300 |
| 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 | $39,953 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $204,106 |
| 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, Fairchild Foundation Dtd 112596 has awarded $12,571 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
A SAFE PLACE PURPOSE: SOCIAL WELFARE | $100 |
ART INSTITUTE OF CHICAGO PURPOSE: EDUCATIONAL | $550 |
AMHERST COLLEGE ALUMNI FUND PURPOSE: EDUCATIONAL | $1,821 |
CONSUMER REPORTS FOUNDATION PURPOSE: SOCIAL WELFARE | $200 |
CATO INSTITUTE PURPOSE: SOCIAL WELFARE | $500 |
DELTA RESCUE PURPOSE: SOCIAL WELFARE | $200 |