Chernick Family Foundation Inc
- Assets
- $134.5k
- Revenue
- $56.3k
- Investments
- $103.0k
- Employees
- 0
- Location
- Oneida, WI
- Founding
- 11/1999
- Data as of
- 09/2021
- EIN
- 39-1969618
Organization Overview
Chernick Family Foundation Inc is located in Oneida, WI. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Chernick Family Foundation Inc 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 09/2021, Chernick Family Foundation Inc generated $56.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $66.7k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chernick Family Foundation Inc has awarded 131 individual grants totaling $218,810. 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 |
|---|---|---|---|
Benjamin Chernick Secretary/treas/director | 0.1 | $0 | |
Richard J Chernick President/director | 0.1 | $0 | |
Ryan Chernick Vice President/director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,844 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,034 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,440 |
| Capital Gain Net Income | $41,145 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $31 |
| Taxes | $262 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,033 |
| Total operating and administrative expenses | $4,381 |
| Contributions, gifts, grants paid | $62,278 |
| Total expenses and disbursements | $66,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,447 |
| Savings and temporary cash investments | $0 |
| 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 | $31,252 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $134,461 |
| 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, Chernick Family Foundation Inc has awarded $62,278 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Green Bay, WI PURPOSE: PROVIDE FUNDS FOR YOUTH ACTIVITIES | $9,000 |
ASPIRO PURPOSE: TO HELP INDIVIDUALS WITH DISABILITIES THROUGH COMMUNITY PROGRAMS | $6,375 |
CNESSES ISRAEL CONGREGATION PURPOSE: FUND CHARITABLE OBJECTIVES OF CHARITY | $5,000 |
YMCA PURPOSE: TO SUPPORT COMMUNITY PROGRAMS | $4,188 |
BAY BEACH WILDLIFE SANCTUARY PURPOSE: SUPPORT FOR OAK LEARNING CENTER | $3,500 |
FRIENDS OF BAY BEACH PURPOSE: TO PROVIDE FUNDS FOR RENOVATION OF BAY BEACH | $3,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Klaff Family Foundation Chicago, IL | $171,629,374 | $12,167,429 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Charles E Lakin Foundation Inc Council Bluffs, IA | $146,415,136 | $18,758,116 |
The Pritzker Pucker Family Foundation Chicago, IL | $63,807,485 | $11,921,924 |
David And Janis Larson Foundation Minneapolis, MN | $131,263,001 | -$404,078 |
Carls Foundation Bloomfield Hills, MI | $120,507,770 | $14,280,001 |
The Jennings Family Foundation Edina, MN | $20,317,059 | $4,027,228 |
Sunshine Charitable Foundation Libertyville, IL | $0 | $4,219,972 |
Tracy Family Foundation Mt Sterling, IL | $19,754,710 | $6,714,098 |
Chicagobeyond Inc Chicago, IL | $1,837,444 | $0 |
The David And Carol Van Andel Family Foundation Grand Rapids, MI | $107,851,670 | $8,218,571 |