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Demar Foundation Inc. is a private corporation based in LK BARRINGTON, IL. The foundation received its IRS ruling in 2000. The principal officer is Donald E Ryks. It holds total assets of $811K. Annual income is reported at $122K. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Minnesota, Florida and Illinois. According to available records, Demar Foundation Inc. has made 18 grants totaling $65K, with a median grant of $3K. Individual grants have ranged from $1K to $11K, with an average award of $4K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Minnesota, Illinois, Colorado, which account for 78% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$10K
Based on 19 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Demar Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in MN, IL, CO.
Demar Foundation Inc. has distributed a total of $65K across 18 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $11K.
Demar Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Demar Foundation Inc. is headquartered in LK BARRINGTON, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald E Ryks | DIRECTOR | $0 | $0 | N/A |
| Mary Anne Ryks | DIRECTOR | $0 | $0 | N/A |
| Annette Ryks Nikolich | PRESIDENT | $0 | $0 | N/A |
| John Nikolich | TREASURER | $0 | $0 | N/A |
| Reed Nikolich | VICE PRESIDENT | $0 | $0 | N/A |
| Juliana Nikolich | SECRETARY | $0 | $0 | N/A |
Total Giving
$70K
Total Assets
$829K
Fair Market Value
$846K
Net Worth
$828K
Grants Paid
$68K
Contributions
N/A
Net Investment Income
$71K
Distribution Amount
$41K
Total Grants
18
Total Giving
$65K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Heritage FoundationSOCIAL SERVICE | Washington, DC | $2K | 2022 |
| Wooddale ChurchRELIGIOUS | Eden Prairie, MN | $11K | 2022 |
| Focus On The FamilyRELIGIOUS | Colorado Springs, CO | $7K | 2022 |
| Minnesota Landscape ArboretumEDUCATIONAL | Chanhassen, MN | $5K | 2022 |
| St Nicholas Cathedral SchoolRELIGIOUS | Chicago, IL | $5K | 2022 |
| Bountifield InternationalSOCIAL SERVICE | Minneapolis, MN | $4K | 2022 |
| Minnesota OrchestraARTS AND CULTURE | Minneapolis, MN | $4K | 2022 |
| Prince Of Peace LutheranRELIGIOUS | La Crescent, MN | $4K | 2022 |
| Artis-NaplesARTS AND CULTURE | Naples, FL | $3K | 2022 |
| Dodoma Tanzania Health DevelopmentSOCIAL SERVICE | Minneapolis, MN | $3K | 2022 |
| Moody InstituteEDUCATIONAL | Chicago, IL | $3K | 2022 |
| St Paul Chamber OrchestraARTS AND CULTURE | St Paul, MN | $3K | 2022 |
| Barrington Youth Dance EnsembleARTS AND CULTURE | Barrington, IL | $3K | 2022 |
| Dunwoody CollegeEDUCATIONAL | Minneapolis, MN | $2K | 2022 |
| First Presbyterian Church - NaplesRELIGIOUS | Naples, FL | $2K | 2022 |
| Gigi'S PlayhouseSOCIAL SERVICE | St Louis Park, MN | $2K | 2022 |
| Cru MilitaryRELIGIOUS | Newport News, VA | $2K | 2022 |
| Faith Search InternationalRELIGIOUS | Chaska, MN | $1K | 2022 |