Glen Ellyn Titans Foundation
- Assets
- $124.0k
- Revenue
- $43.8k
- Investments
- $123.9k
- Employees
- 0
- Location
- Glen Ellyn, IL
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-5629750
Organization Overview
Glen Ellyn Titans Foundation is located in Glen Ellyn, IL. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Glen Ellyn Titans 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, Glen Ellyn Titans Foundation generated $43.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $30.6k during the year ending 12/2023. While expenses have increased by 3.5% per year over the past 7 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.
Since 2016, Glen Ellyn Titans Foundation has awarded 32 individual grants totaling $111,018. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
2 SCHOLARSHIPS GRANTED AND PAID $2,500 EACH
GLENBARD WEST BOYS HIGH SCHOOL BASKETBALL $9,798GLENBARD WEST GIRLS HIGH SCHOOL BASKETBALL $4,760
GLENBARD WEST BOOSTERS $2,500GLEN ELLYN TITANS $5,000TRAVIS JOHNS $2,500
THE BUDDY FOUNDATION $1,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen N Schwartz President | 1 | $0 | |
Charles E Schwartz Director | 0.5 | $0 | |
Olivia Schwartz Director | 0.5 | $0 | |
Amanda Schwartz Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,667 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,914 |
| Capital Gain Net Income | $4,914 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,764 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $30,558 |
| Total expenses and disbursements | $30,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $123,964 |
| Accounts payable and accrued expenses | $32 |
| 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 | $32 |
Grants Awarded
Over the last fiscal year, Glen Ellyn Titans Foundation has awarded $30,558 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GLENBARD WEST HIGH SCHOOL BOYS BASKETBALL PROGRAM PURPOSE: GENERAL SUPPORT | $9,798 |
BRADY CAVEN PURPOSE: SCHOLARSHIP | $2,500 |
TRUMAN POPP PURPOSE: SCHOLARSHIP | $2,500 |
GLENBARD WEST BOOSTERS PURPOSE: GENERAL SUPPORT | $2,500 |
GLENBARD WEST HIGH SCHOOL GIRLS BASKETBALL PROGRAM PURPOSE: GENERAL SUPPORT | $4,760 |
THE BUDDY FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |