Exelon Foundation
- Assets
- $116.6m
- Revenue
- $16.7m
- Investments
- $113.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 83-0499473
Organization Overview
Exelon Foundation is located in Chicago, IL. The organization was established in 2008. 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. Exelon 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, Exelon Foundation generated $16.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 48.7% each year . All expenses for the organization totaled $8.2m during the year ending 12/2021. While expenses have increased by 22.4% 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 2019, Exelon Foundation has awarded 118 individual grants totaling $42,085,713. 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 |
|---|---|---|---|
Rosemarie Greco Director | 0.25 | $6,000 | |
Robert J Lawless Director | 0.25 | $4,000 | |
Christopher Crane Chairman/director | 1.5 | $0 | |
Amy Best Director | 0.25 | $0 | |
Douglas J Brown Director | 0.25 | $0 | |
Calvin Butler Director | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Icon Consultants | 12/30/21 | $116,915 |
Blackrock Financial Management Inc | 12/30/21 | $62,107 |
Troutman Pepper Hamilton Sanders | 12/30/21 | $59,264 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $138 |
| Dividends & Interest | $2,107,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,518,084 |
| Capital Gain Net Income | $13,518,084 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,080,223 |
| Total Revenue | $16,716,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $259,202 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $229,931 |
| Total operating and administrative expenses | $1,096,615 |
| Contributions, gifts, grants paid | $7,062,301 |
| Total expenses and disbursements | $8,158,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,576 |
| Savings and temporary cash investments | $832,261 |
| Net Accounts receivable | $236,473 |
| 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 | $60,786,721 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,081,468 |
| Total assets | $116,558,021 |
| Accounts payable and accrued expenses | $158,037 |
| Grants payable | $5,218,438 |
| 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 | $5,376,475 |
Grants Awarded
Over the last fiscal year, Exelon Foundation has awarded $9,603,862 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
CYBERGRANTSJK GROUP MATCHING DONATIONS TO PCS-LIST AVAILABLE UPON REQUEST PURPOSE: GENERAL | $6,443,862 |
Chicago, IL PURPOSE: HUMAN/NATURE CLIMATE CHANGE EXHIBITION | $1,000,000 |
NATIONAL ENERGY EDUCATION DEVELOPMENT PROJECT (NEED) PURPOSE: STEM LEADERSHIP ACADEMY | $600,000 |
Washington, DC PURPOSE: 11TH STREET BRIDGE PROJECT | $575,000 |
NATIONAL ENERGY EDUCATION DEVELOPMENT PROJECT (NEED) PURPOSE: MIDDLE SCHOOL ENERGY - EDUCATION PROGRAMS | $455,000 |
Washington, DC PURPOSE: STATEHOOD RESEARCH DC | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Exelon Foundation Chicago, IL | $116,558,021 | $16,716,086 |
Highlands Foundation Inc Madison, WI | $16,807,622 | $1,089,528 |
Rockwell Automation Charitable Corporation Milwaukee, WI | $6,137,007 | $10,007,891 |
Ascension Providence Foundation St Louis, MO | $25,786,185 | $4,059,548 |
Kehe Cares Foundation Inc Naperville, IL | $5,804,063 | $7,449,461 |
G Carl Ball Family Foundation West Chicago, IL | $40,772,718 | $1,501,347 |
Apex Oil Company Charitable Foundation Clayton, MO | $5,552,503 | $420,890 |
Telligen Community Initiative West Des Moines, IA | $44,005,034 | $3,901,747 |
Northern Trust Foundation Chicago, IL | $8,176,518 | $7,000,250 |
Good Samaritan Hospital Foundation Inc Vincennes, IN | $4,610,658 | $1,741,371 |
Wisconsin Public Service Foundation Inc Green Bay, WI | $36,455,212 | $2,413,868 |