Ed E & Gladys Hurley Foundation
- Assets
- $3.8m
- Revenue
- $372.6k
- Investments
- $3.7m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1960
- Data as of
- 12/2021
- EIN
- 72-6018854
Organization Overview
Ed E & Gladys Hurley Foundation is located in Chicago, IL. The organization was established in 1960. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ed E & Gladys Hurley 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, Ed E & Gladys Hurley Foundation generated $372.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $241.9k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 5 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 2018, Ed E & Gladys Hurley Foundation has awarded 303 individual grants totaling $541,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $123,880 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $238,816 |
| Capital Gain Net Income | $238,816 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,892 |
| Total Revenue | $372,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $58,663 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,778 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $961 |
| Total operating and administrative expenses | $63,902 |
| Contributions, gifts, grants paid | $178,000 |
| Total expenses and disbursements | $241,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,603 |
| Savings and temporary cash investments | $72,829 |
| 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 | $837,894 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9 |
| Total assets | $3,795,046 |
| 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, Ed E & Gladys Hurley Foundation has awarded $178,000 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
ABIGAIL JOHNSON PURPOSE: SCHOLARSHIP | $4,000 |
SARAH R WALESA PURPOSE: SCHOLARSHIP | $2,000 |
JAYLIN ST MARTIN PURPOSE: SCHOLARSHIP | $2,000 |
MOLLIE WATKINS PURPOSE: SCHOLARSHIP | $2,000 |
CAILEY RICHARDSON PURPOSE: SCHOLARSHIP | $2,000 |
KATE ADAMS PURPOSE: SCHOLARSHIP | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Iu Medical Group Foundation Inc Indianapolis, IN | $256,189,183 | $45,380,536 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Ball State University Foundation Muncie, IN | $262,845,495 | $25,627,270 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |