Antonio J Gracias Family Foundation Inc
- Assets
- $94.6m
- Revenue
- $4.9m
- Investments
- $42.3m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 85-3941297
Organization Overview
Antonio J Gracias Family Foundation Inc is located in Chicago, IL. 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. Antonio J Gracias Family Foundation Inc 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 12/2023, Antonio J Gracias Family Foundation Inc generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (69.1%) each year. All expenses for the organization totaled $16.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Antonio J Gracias Family Foundation Inc has awarded 38 individual grants totaling $49,536,875. 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 |
|---|---|---|---|
Antonio Gracias Officer | 1 | $0 | |
Maria Gracias Officer | 0 | $0 | |
James Star Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,368,800 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $365,309 |
| Capital Gain Net Income | $365,309 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $128,119 |
| Total Revenue | $4,862,228 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $406,506 |
| Taxes | $4,607 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $75,140 |
| Total operating and administrative expenses | $503,159 |
| Contributions, gifts, grants paid | $16,188,978 |
| Total expenses and disbursements | $16,692,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,325,921 |
| 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 | $20,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,441,469 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $94,606,157 |
| 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, Antonio J Gracias Family Foundation Inc has awarded $16,188,978 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN INSTITUTE PURPOSE: GENERAL OPERATING EXPENSES IN ITS ENTIRETY. | $300,000 |
BIG SHOULDERS FUND PURPOSE: GENERAL OPERATING EXPENSES IN ITS ENTIRETY. | $25,000 |
BIG GREEN PURPOSE: GENERAL OPERATING EXPENSES IN ITS ENTIRETY. | $250,000 |
IMPERIAL COLLEGE FOUNDATION INC PURPOSE: GENERAL OPERATING EXPENSES IN ITS ENTIRETY. | $25,000 |
PARKINSONS RESEARCH AND EDUCATION FOUNDATION INC PURPOSE: GENERAL OPERATING EXPENSES IN ITS ENTIRETY. | $600,000 |
EAGLE HILL FOUNDATION OF MASS INC PURPOSE: GENERAL OPERATING EXPENSES IN ITS ENTIRETY. | $500,000 |