John C Proctor Endowment

Organization Overview

John C Proctor Endowment is located in Peoria, IL. The organization was established in 1942. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. John C Proctor Endowment 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 03/2023, John C Proctor Endowment generated $8.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $8.8m during the year ending 03/2023. While expenses have increased by 1.2% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THE COURSE OF THE YEAR, THE FOUNDATION PROVIDED A HOME FOR THE AGED. THE AVERAGE NUMBER OF RESIDENTS DURING THE YEAR WAS 147.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $13,680
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$1,018,896
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $7,001,664
Total Revenue $8,034,240

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