Gladys & Ed E Hurley Endowment Foundation 3603215802
- Assets
- $17.7m
- Revenue
- $1.9m
- Investments
- $16.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 76-6017128
Organization Overview
Gladys & Ed E Hurley Endowment Foundation 3603215802 is located in Chicago, IL. The organization was established in 1984. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Gladys & Ed E Hurley Endowment Foundation 3603215802 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, Gladys & Ed E Hurley Endowment Foundation 3603215802 generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 1.6% 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, Gladys & Ed E Hurley Endowment Foundation 3603215802 has awarded 21 individual grants totaling $3,887,280. 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 | $662,387 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,176,170 |
| Capital Gain Net Income | $1,176,170 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,650 |
| Total Revenue | $1,910,207 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $145,433 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,840 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,235 |
| Total operating and administrative expenses | $183,943 |
| Contributions, gifts, grants paid | $1,344,928 |
| Total expenses and disbursements | $1,528,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $610,388 |
| Savings and temporary cash investments | $438,154 |
| 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 | $1,390,170 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $51 |
| Total assets | $17,678,096 |
| 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, Gladys & Ed E Hurley Endowment Foundation 3603215802 has awarded $1,344,928 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Shreveport, LA PURPOSE: GENERAL | $1,325,428 |
FIRST METHODIST CHURCH PURPOSE: GENERAL | $10,000 |
UNION COLLEGE PURPOSE: GENERAL | $5,000 |
METHODIST CHILDREN HOME PURPOSE: GENERAL | $2,000 |
AMERICAN BIBLE SOCIETY PURPOSE: GENERAL | $1,000 |
SHREVEPORT SYMPHONY INC PURPOSE: GENERAL | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Herschend Family Entertainment Corporation Beneficiary Trust Branson, MO | $4,577,294 | $15,681,690 |
Allergan Foundation North Chicago, IL | $0 | $22,638,597 |
The Global Orphan Project Inc Kansas City, MO | $12,087,754 | $16,385,536 |
W N Reynolds Residuary Tr Nect Chicago, IL | $153,008,234 | $7,259,404 |
William F Vilas Estate Oregon, WI | $133,759,429 | $14,905,447 |
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |