Granted
Sign in
CHICAGO, IL

Northwest Home For The Aged

Quick Facts

EIN
362216170
Location
CHICAGO, IL
Category
Health
Total Assets
$106.4M
Annual Income
$18.2M
IRS Ruling Year
1950
Organization Type
Corporation
Tax Deductibility
Contributions are deductible

About This Foundation

Northwest Home For The Aged is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1950. It holds total assets of $106.4M. Annual income is reported at $18.2M. The foundation operates in the area of health. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$7.9M

2023

Total Assets

$104.3M

2023

Fair Market Value

$104.3M

2023

Net Worth

$101.6M

2023

Grants Paid

$0

2023

Contributions

$28K

2023

Net Investment Income

$7.6M

2023

Distribution Amount

$3.4M

2023

Investment Portfolio (2023)

Total: $67.5M

Corporate Stock: $45.1M
Corporate Bonds: $2.9M
Government Obligations: $19.5M
Other Investments: $8.5M
Cash: $138K
Corporate Stock (59%)
Corporate Bonds (4%)
Government Obligations (26%)
Other Investments (11%)
Cash (0%)

Expense Breakdown (2023)

Depreciation$1.4M
Occupancy$1.1M
Pension & Benefits$227K
Officer Compensation$157K
Accounting Fees$47K
Travel & Conferences$24K
Legal Fees$9K

Revenue Sources (2023)

Capital Gains (Net)
$6.1M
Other Income
$3.2M
Dividends
$1.9M
Contributions
$28K
Interest
$14K

Financial Details (2023)

Total Revenue
$11.2M
Total Expenses
$7.9M
Exempt Purpose Expenses
$3.6M
Required Distribution
$3.4M
Undistributed Income
$0
Total Liabilities
$2.7M
Excise Tax
$105K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

See Similar Foundations

Browse all Health foundations

More Foundations in Illinois

Ready to start your proposal?

Granted uses AI to draft, review, and polish your grant application — saving weeks of work.