Lundbeck Us Charitable Fund
- Assets
- $11.0m
- Revenue
- $1.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Deerfield, IL
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-3778277
Organization Overview
Lundbeck Us Charitable Fund is located in Deerfield, IL. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Lundbeck Us Charitable Fund 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, Lundbeck Us Charitable Fund generated $1.7k in total revenue. All expenses for the organization totaled $264.6k during the year ending 12/2022.
Since 2019, Lundbeck Us Charitable Fund has awarded 68 individual grants totaling $8,213,150. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Poarch President | 0 | $0 | |
Marija Simin Geertsen Vice President | 0 | $0 | |
Thomas Forrester Secretary | 0 | $0 | |
Nick Olivares Treasurer | 0 | $0 | |
John Spinnato Director | 0 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,690 |
| 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 | $1,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,000 |
| 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 | $6,685 |
| Total operating and administrative expenses | $25,685 |
| Contributions, gifts, grants paid | $238,900 |
| Total expenses and disbursements | $264,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,010,869 |
| 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 | $11,010,869 |
| 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, Lundbeck Us Charitable Fund has awarded $238,900 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
WEST DEERFIELD TOWNSHIP FOOD PANTRY PURPOSE: UNRESTRICTED | $5,000 |
TOYS FOR TOTS PURPOSE: UNRESTRICTED | $7,600 |
FEED THE CHILDREN PURPOSE: UNRESTRICTED | $16,000 |
NORTHWESTERN UNIVERSITY SETTLEMENT PURPOSE: PROGRAM TO HELP PEOPLE COPE WITH THE OBSTACLES OF POVERTY | $2,500 |
MAKE-A-WISH AMERICA PURPOSE: UNRESTRICTED | $9,700 |
FAMILY SERVICE CENTER PURPOSE: PROGRAM SUPPORT FOR INDIVIDUALS MENTAL WELLBEING | $5,000 |