Monticello College Foundation
- Assets
- $11.6m
- Revenue
- $1.2m
- Investments
- $11.4m
- Employees
- 0
- Location
- Godfrey, IL
- Founding
- 07/1937
- Data as of
- 06/2022
- EIN
- 37-0681538
Organization Overview
Monticello College Foundation is located in Godfrey, IL. The organization was established in 1937. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monticello College 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 06/2022, Monticello College Foundation generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $807.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Monticello College Foundation has awarded 198 individual grants totaling $4,680,073. 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 |
|---|---|---|---|
Laura Shansey Executive Di | 0 | $27,000 | |
Christopher A Kreid Chairman | 0 | $0 | |
George S Milnor II Treasurer | 0 | $0 | |
Janet A Schweppe Asst Secreta | 0 | $0 | |
Dianne P Saul Secretary | 0 | $0 | |
Karl K Hoagland Jr Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,663 |
| Interest on Savings | $0 |
| Dividends & Interest | $526,084 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $663,513 |
| Capital Gain Net Income | $663,513 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,786 |
| Total Revenue | $1,223,046 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $27,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,066 |
| Interest | $0 |
| Taxes | $18,693 |
| Depreciation | $18 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,941 |
| Total operating and administrative expenses | $104,016 |
| Contributions, gifts, grants paid | $703,513 |
| Total expenses and disbursements | $807,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,001 |
| Savings and temporary cash investments | $11 |
| Net Accounts receivable | $13,950 |
| 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 | $0 |
| Net Land, buildings, and equipment | $23,223 |
| Other assets | $84,112 |
| Total assets | $11,585,066 |
| Accounts payable and accrued expenses | $18,441 |
| Grants payable | $110,000 |
| 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 | $128,441 |
Grants Awarded
Over the last fiscal year, Monticello College Foundation has awarded $703,513 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON UNIVERSITY PURPOSE: OLIN FELLOWSHIP | $181,700 |
WASHINGTON UNIVERSITY PURPOSE: OLIN FELLOWSHIPS | $110,000 |
Jacksonville, IL PURPOSE: SCHOLARSHIPS FOR WOMEN | $35,000 |
Kampsville, IL PURPOSE: WOMEN IN ARCHEOLOGY INTERNS | $30,000 |
Chicago, IL PURPOSE: MCF RESEARCH FELLOWSHIP | $30,000 |
NATIONAL GREAT RIVERS RESEARCH PURPOSE: EDUCATION INTERNSHIPS | $27,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monticello College Foundation has recieved totaling $14,240.
| Awarding Organization | Amount |
|---|---|
Lucile Porter Charitable Trust Las Vegas, NV PURPOSE: GENERAL OPERATING | $14,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |