Idex Foundation
- Assets
- $7.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 47-1141222
Organization Overview
Idex Foundation is located in Northbrook, IL. The organization was established in 2014. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Idex 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, Idex Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 18.4% per year over the past 4 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 2020, Idex Foundation has awarded 204 individual grants totaling $3,191,444. 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
NOT APPLICABLE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Goddard President | 3.5 | $0 | |
Bruce Manning Treasurer | 3.5 | $0 | |
Anastasia Graves Secretary | 3.5 | $0 | |
Bret Pryblyski Director | 0.5 | $0 | |
Mark Spencer Director | 0.5 | $0 | |
Jenna Myszak Treasurer | 3.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,650,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,650,000 |
| 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 | $8,378 |
| Total operating and administrative expenses | $8,378 |
| Contributions, gifts, grants paid | $1,383,445 |
| Total expenses and disbursements | $1,391,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,939,720 |
| Savings and temporary cash investments | $5,047,208 |
| 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 | $6,986,928 |
| Accounts payable and accrued expenses | $12,427 |
| 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 | $12,427 |
Grants Awarded
Over the last fiscal year, Idex Foundation has awarded $1,383,445 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
WHEELING TOWNSHIP EMERGENCY FUND PURPOSE: WELFARE GRANT | $5,000 |
THE WILLOW DOMESTIC VIOLENCE CENTER PURPOSE: WELFARE GRANT | $5,000 |
YOUTH SERVICES BUREAU PURPOSE: WELFARE GRANT | $5,000 |
A PRECIOUS CHILD PURPOSE: WELFARE GRANT | $7,500 |
AMERICAN CANCER SOCIETY PURPOSE: WELFARE GRANT | $5,000 |
BOYS AND GIRLS CLUB CARLSBAD PURPOSE: WELFARE GRANT | $20,000 |