Sebastian Family Charitable Foundation
- Assets
- $8.2m
- Revenue
- $673.0k
- Investments
- $7.8m
- Employees
- 0
- Location
- Westmont, IL
- Founding
- 03/2014
- Data as of
- 12/2022
- EIN
- 45-4463043
Organization Overview
Sebastian Family Charitable Foundation is located in Westmont, IL. The organization was established in 2014. 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. Sebastian Family Charitable 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 12/2022, Sebastian Family Charitable Foundation generated $673.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $670.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sebastian Family Charitable Foundation has awarded 127 individual grants totaling $2,425,300. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIOCESE OF JOLIET JOLIET ILLINOIS A C ARCHDIOCESE OF BLANTYRE MALAWI BUILD A NEW SCHOOL FOR THE INDIGENT PEOPLE OF MALAWI
ST. ISAAC JOGUES CATHOLIC CHURCH HINSDALE ILLINOIS CAPITAL CONTRIBUTION AND PARISH SUPPORT
NOTRE DAME JR SR HIGH SCHOOL EAST STROUDSBURG PA ROOF REPAIR AND MAINTENANCE
ST. JOHN THE EVANGELIST CATHOLIC CHURCH NAPLES FLORIDA HURRICANE RELIEF AND PARISH CONTRIBUTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John V Sebastian Sr President | 4 | $0 | |
Kathleen F Sebastian Secretary Treasurer | 1 | $0 | |
John V Sebastian II Vice President | 1 | $0 | |
Nicole K Peeney Director | 1 | $0 | |
Michelle S Sebastian Director | 1 | $0 | |
Mark S Sebastian Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $224,462 |
| Interest on Savings | $4,045 |
| Dividends & Interest | $315,908 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $128,555 |
| Capital Gain Net Income | $128,555 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $672,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,612 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,902 |
| Contributions, gifts, grants paid | $661,600 |
| Total expenses and disbursements | $670,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $445,432 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,213,993 |
| 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, Sebastian Family Charitable Foundation has awarded $661,600 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
RED CLOUD INDIAN SCHOOL PURPOSE: EDUCATION ASSISTANCE TO NATIVE AMERICANS | $10,000 |
ST CATHERINE OF SIENNA CATHOLIC CH PURPOSE: HELP ESTABLISH A PRE SCHOOL PROGRAM | $10,000 |
WOMEN'S CARE CENTER PURPOSE: PRE NATAL CARE TO POOR EXPECTANT MOTHERS | $25,000 |
DISMAS MINISTRY PURPOSE: PRISONER EDUCATION | $20,000 |
KNIGHTS OF THE HOLY SEPULCHRE PURPOSE: ASSISTANCE TO PERSECUTED CHRISTIANS IN THE HOLY LAND | $21,600 |
MISERICORDIA HOME PURPOSE: ASSISTANCE TO CHILDREN AND ADULTS WITH DOWN SYNDROME | $25,000 |