Clegg Foundation
- Assets
- $190.1k
- Revenue
- $150.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Floyds Knobs, IN
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 47-1300460
Organization Overview
Clegg Foundation is located in Floyds Knobs, IN. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Clegg 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 12/2021, Clegg Foundation generated $150.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $18.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WORKS WITH LOCAL FARMERS TO CREATE A SUSTAINABLE FOOD SOURCE FOR LOCAL FOOD BANKS.
COLLEGE SCHOLARSHIP GRANTS FOR INDIVIDUALS LOCATED IN THE SURROUNDING AREA OF MADISON, INDIANA.
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 |
|---|---|---|---|
Stephanie Clegg President | 2 | $0 | |
Earnest Clegg Secretary | 2 | $0 | |
Travis Clegg Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| 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 | $150,000 |
| 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 | $363 |
| Printing and publications | $0 |
| Other expenses | $3,707 |
| Total operating and administrative expenses | $4,652 |
| Contributions, gifts, grants paid | $13,562 |
| Total expenses and disbursements | $18,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $190,145 |
| 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 | $190,145 |
| 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 | $9,700 |
| Total liabilities | $9,700 |
Grants Awarded
Over the last fiscal year, Clegg Foundation has awarded $13,562 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES PURPOSE: ASSISTANCE FOR INDIGENT FAMILIES | $9,110 |
ST MARYS OF THE KNOBS PURPOSE: SCHOLARSHIPS FOR SUMMER CAMPS | $4,452 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Collective Impact Network Saint Louis, MO | $21,375,860 | $4,592,347 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Drumm Center For Children Inc Independence, MO | $21,203,192 | $3,719,217 |
Coregiving Co Chicago, IL | $192,857 | $1,890,844 |
Dn Leadership Inc Louisville, KY | $2,441,151 | $7,192,611 |
George M Pullman Educational Foundation Chicago, IL | $30,414,650 | $2,281,953 |