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Also known as: CO MELISSA WEBER & JAY DANDY TTEE
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Orbit Fund is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1995. The principal officer is Melissa J Weber Trustee. It holds total assets of $307K. Annual income is reported at $41K. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. Funding is distributed across 4 states, including Illinois, New York, California. According to available records, Orbit Fund has made 32 grants totaling $50K, with a median grant of $1K. Annual giving has decreased from $25K in 2022 to $12K in 2024. Individual grants have ranged from $500 to $5K, with an average award of $2K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Illinois, New York, Nebraska, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$750
Average Grant
$1K
Largest Grant
$3K
Based on 10 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.
Orbit Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in IL, NY, NE.
Orbit Fund has distributed a total of $50K across 32 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $5K.
The application deadline is THERE ARE NO SUBMISSION DEADLINES. Orbit will only consider requests for funding art and art education programs (with a special interest in children's art program). Geographical restrictions: funding for programs in the united states, therefore, no international requests.
Orbit Fund is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Melissa F Weber | TRUSTEE | $0 | $0 | N/A |
| Jay Dandy | TRUSTEE | $0 | $0 | N/A |
Total Giving
$17K
Total Assets
$307K
Fair Market Value
$407K
Net Worth
$307K
Grants Paid
$12K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$17K
Total: $281K
Total Grants
32
Total Giving
$50K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
13
Most Common Grant
$1K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Society For Contemporary ArtEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Chicago, IL | $5K | 2024 |
| The Renaissance SocietyEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Chicago, IL | $4K | 2024 |
| Primary InformationEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Brooklyn, NY | $3K | 2024 |
| Westside FoundationEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Omaha, NE | $1K | 2024 |
| Elmhurst Art CollegeEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Elmhurst, IL | $500 | 2024 |
| Hyde Park Art CenterEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Chicago, IL | $3K | 2023 |
| Acre ProjectsEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Chicago, IL | $1K | 2023 |
| Roots & CultureEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Chicago, IL | $500 | 2023 |
| The Experimental StationEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Chicago, IL | $2K | 2022 |
| Elmhurst Art MuseumEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Elmhurst, IL | $500 | 2022 |
| Vassar CollegeEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Poughkeepsie, NY | $500 | 2022 |
| Skidmore CollegeEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | Saratoga Springs, NY | $500 | 2022 |
| Frontline Hero FundEXEMPT PURPOSE OF ORGANIZATION, GENERAL UNRESTRICTED | San Diego, CA | $500 | 2022 |