Cause IQ organization profile

Townsend Family Foundation

Form 990s | Financials | Vendors | Peers

Townsend Family Foundation is a private foundation based in Chicago, IL that was founded in 1998. As of 2019 they had $19,181 in revenue and $1.1 million in assets.

Townsend Family Foundation makes grants to other organizations, such as $50,000 to The University of Chicago (UChicago) for "Educational - Chairman's Fund in Economics"; $36,750 to Joffrey Ballet for "Arts - Dance"; $25,000 to Institute for Justice (IJ) for "Public Policy - Operations"; $25,000 to Jazz at Aspen-Snowmass (JAS) for "Arts - Music"; and $23,400 to Cato Institute for "Public Policy Research Organization - Operations".

EIN:

36-4199459

City:

Chicago

State:

Illinois

Founded:

1998

Type:

501(c)(3)

NTEE:

T20: Private foundations

Revenue:

$19,181

Assets:

$1,132,716

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for Townsend Family Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jun 19, 2019	990PF	View PDF
2017-12	Aug 23, 2018	990PF	View PDF
2016-12	Sep 1, 2017	990PF	View PDF
2015-12	Oct 17, 2016	990PF	View PDF
2014-12	May 27, 2015	990PF	View PDF
...and three more Form 990 PDFs

Financials for Townsend Family Foundation

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$74,100	-100%
Investment income and dividends	$19,181	$9,643	98.9%
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$0	$0
Gross sales of inventory	$0	$0
Miscellaneous revenues	$0	$0
Total revenues	$19,181	$83,743	-77.1%

Field	2018	2017	% Change
Compensation of current officers, etc.	$0	$0
Non-officer salaries and wages	$0	$0
Pension/retirement accruals and contributions	$0	$0
Legal fees	$2,449	$2,547	-3.8%
Accounting fees	$1,750	$2,300	-23.9%
Other fee-for-service	$0	$0
Interest	$0	$0
Depreciation, amortization, etc.	$0	$0
Occupancy	$0	$0
Travel	$0	$0
Office expenses
Grants to all govts., orgs., and individuals	$181,850	$249,400	-27.1%
All other expenses	$297	$89	233.7%
Total expenses	$186,346	$254,336	-26.7%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$160,734	$170,894	-5.9%
Savings, short-term investments, etc.	$968,057	$1,128,912	-14.2%
Accounts receivable	$0	$0
Pledges and grants receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Investments in government obligations	$0	$0
Investments in corporate stock	$75	$75
Investments in corporate bonds	$0	$0
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$0	$0
Buildings, equipment, etc. post-depreciation	$0	$0
Other assets	$3,850	$0	999%
Total assets	$1,132,716	$1,299,881	-12.9%

Field	2018	2017
Accounts payable and accrued expenses	$0	$0
Grants payable	$0	$0
Deferred revenue	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Other liabilities	$0	$0
Total liabilities	$0	$0

Field	2018	2017
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Townsend Family Foundation

Vendor	Services	Amount paid	Date
O'Malley and Kwit LLC	Tax accounting		2019-02-16

Peer private foundations

	Name	Type	Revenue	Location
1	Sheila A Penrose and Ernest Mahaffey Charitable Foundation	501(c)(3)	$81,845	Geneva, IL
2	Theodore J and Anne A Theophilos Foundation	501(c)(3)	$47,887	Chicago, IL
3	Perfection and Grace	501(c)(3)	$87,873	Western SPRGS, IL
4	Micah Lee Foundation NFP	501(c)(3)	$62,403	Winfield, IL
5	Direct Effect Charities	501(c)(3)	$16,045	Chicago, IL
6	Grandy Foundation	501(c)(3)	$68,422	Buffalo Grove, IL
7	Bruce and Tammy Werner Foundation	501(c)(3)	$15,895	Lincolnshire, IL
8	George and Arlene Rusch Memorial Foundation	501(c)(3)	$44,070	River Forest, IL
9	Jacob Stump JR and Clara Stump Memorial Scholarship Fund	501(c)(3)	$37,640	Mattoon, IL
10	Four Leaf Clover Foundation 12192012	501(c)(3)	$74,804	Cahokia, IL
11	Vogel Charitable Foundation	501(c)(3)	$32,650	Chicago, IL
12	Floyd A and Alta I Byrne Trust	501(c)(3)	$14,656	Pontiac, IL
13	Otto Bender Scholarship Trust No 895	501(c)(3)	$13,019	Carlyle, IL
14	Moore Family Foundation	501(c)(3)	$13,605	Lake Forest, IL
15	Kilrea Foundation 23-06787 01	501(c)(3)	$92,644	Chicago, IL
16	Frances E Streit Foundation	501(c)(3)	$62,816	Wilmette, IL
17	Martin Scholarship Fund	501(c)(3)	$40,865	Pontiac, IL
18	Horner Foundation	501(c)(3)	$40,878	Chicago, IL
19	Bergmann Benjamin Moore Perpetual Charitable Trust	501(c)(3)	$22,641	Rockford, IL
20	Eleanor Foster Foundation	501(c)(3)	$35,530	Skokie, IL
21	Zadek Family Foundation	501(c)(3)	$30,091	Glencoe, IL
22	City of Sycamore Irrv TR Fbo Mary E Wetzel	501(c)(3)	$12,870	Sycamore, IL
23	Musikantow Foundation	501(c)(3)	$10,260	Chicago, IL
24	Gene Rudisill Nursing Scholarship Fund Trust	501(c)(3)	$56,908	Danville, IL
25	Jessie V Allhands Education Trust	501(c)(3)	$19,519	Albion, IL

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Cause IQ organization profile

Townsend Family Foundation

Form 990s for Townsend Family Foundation

Financials for Townsend Family Foundation

Vendors for Townsend Family Foundation

Peer private foundations

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