Andrew C Langert Family Foundation
- Assets
- $958.3k
- Revenue
- $1.0m
- Investments
- $801.0k
- Employees
- 0
- Location
- Oak Brook, IL
- Founding
- Data as of
- 12/2022
- EIN
- 87-3971923
Organization Overview
Andrew C Langert Family Foundation is located in Oak Brook, IL. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Andrew C Langert Family 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 12/2022, Andrew C Langert Family Foundation generated $1.0m in total revenue.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew C Langert President/drector | 1 | $0 | |
Candice Langert Director | 0.1 | $0 | |
Daniel Langert Director | 0.1 | $0 | |
John Langert Treasurer/director | 0.25 | $0 | |
David Langert Director | 0.1 | $0 | |
Jessica Stults Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,010,000 |
| Interest on Savings | $20 |
| Dividends & Interest | $10,595 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,320 |
| Capital Gain Net Income | $10,320 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,030,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $10 |
| Total operating and administrative expenses | $13,453 |
| Contributions, gifts, grants paid | $63,000 |
| Total expenses and disbursements | $76,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $157,271 |
| 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 | $958,316 |
| 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, Andrew C Langert Family Foundation has awarded $63,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SAN MIGUEL SCHOOL CHICAGO PURPOSE: GRADUATE SUPPORT PROGRAM AND THE ENHANCED HIGH SCHOOL BRIDGE PROGRAM | $10,000 |
ST JOSEPHS SCHOOL PURPOSE: FUNDING FOR NEEDY STUDENTS | $10,000 |
LEWIS UNIVERSITY - DE LA SALLE CHRISTIAN BROTHERS PURPOSE: GENERAL FUNDING-INITIATIVE TO SIGNIFICANTLY REVITALIZE THE CATHOLIC AND LASALLIAN CHARACTER OF LEWIS UNIVERSITY | $10,000 |
DIOCESE OF JOLIET PURPOSE: GENERAL FUNDING- CATHOLIC HIGH SCHOOL IN MALAWI, AFRICA | $5,000 |
UNIVERSITY OF ILLINOIS FOUNDATION PURPOSE: GENERAL FUNDING FPR MEEDU CUPPA UNDERGRADUCATE STUDENTS, ENABLING THEM TO COMPLETE THEIR STUDIES AND EARN THEIR DEGREES | $5,000 |
LEWIS UNIVERISTY PURPOSE: SCHOLARSHIP FUND | $20,000 |