Faye And Lee Alport Foundation
- Assets
- $5.3m
- Revenue
- $224.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-2742877
Organization Overview
Faye And Lee Alport Foundation is located in Chicago, IL. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Faye And Lee Alport 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 12/2023, Faye And Lee Alport Foundation generated $224.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $274.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Faye And Lee Alport Foundation has awarded 72 individual grants totaling $941,500. 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 |
|---|---|---|---|
Todd Van Baren Director And President | 5 | $20,000 | |
Tim Van Baren Director | 1 | $0 | |
Beth Van Baren Director And Treas./sec. | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $67 |
| Dividends & Interest | $167,380 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,857 |
| Capital Gain Net Income | $55,857 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,026 |
| Total Revenue | $224,330 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,406 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $705 |
| Total operating and administrative expenses | $54,856 |
| Contributions, gifts, grants paid | $220,000 |
| Total expenses and disbursements | $274,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,667 |
| 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 | $5,289,523 |
| Total assets | $5,299,190 |
| 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, Faye And Lee Alport Foundation has awarded $220,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AID FOR WOMEN INC PURPOSE: UNRESTRICTED | $7,500 |
AID FOR WOMEN INC PURPOSE: UNRESTRICTED | $5,000 |
ANDERSON ANIMAL SHELTER PURPOSE: UNRESTRICTED | $5,000 |
ANIMAL CARE LEAGUE PURPOSE: UNRESTRICTED | $2,500 |
CATNAP FROM THE HEART PURPOSE: UNRESTRICTED | $2,500 |
FOOD4LIFE RESURRECTION CHURCH PURPOSE: UNRESTRICTED | $2,500 |