NonprofitsIllinois Masonic Charities Fund

Education

Illinois Masonic Charities Fund

SPRINGFIELD, IL

Total revenue

$21.6M

Total expenses

$3.8M

Net assets

$340.3M

Grants received

$16.9M

16 grants

EIN

370911165

Tax year

2023

Mission

To provide and dispense charity to the illinois masonic home and the illinois masonic children's home, both being charitable organizations created and existing as not-for-profit corporations under the laws of the state of illinois, and to other worthy and indigent persons and organizations which are the proper objects of masonic charity and benevolence, which organizations are or have been created within the united states of america.

Programs

1 program

658 educational scholarships to students.

Expenses: $162KGrants: $162K

Financials

FY 2023

Revenue

Contributions & grants$248K
Program service revenue
Investment income$21.1M
Other revenue$246K
Total revenue$21.6M

Expenses

Grants paid$1.7M
Salaries & benefits
Fundraising$271K
Other expenses$2.0M
Total expenses$3.8M
Total assets$340.3M
Net assets$340.3M

People

6 listed

NameRoleCompensation

DAVID LYNCH

GRAND MASTER

Board

2 hrs/wk

JOSEPH FERRELL

DEPUTY GRAND MASTER

Board

2 hrs/wk

ANTHONY CRACCO

GRAND TREASURER

Board

2 hrs/wk

FRANKLIN CLINE

GRAND SECRETARY

Board

3 hrs/wk

AUSTIN EUGENE SMITH

SENIOR GRAND WARDEN

Board

1 hrs/wk

JAMES WILLIAMS

JUNIOR GRAND WARDEN

Board

1 hrs/wk

Grants received

Showing 16 of 16

FromAmountPurposeYear
$450
CONTRIBUTION
2024
$500
TO FURTHER ORGANIZATION'S GOALS.
2023
$2K
CONTRIBUTION
2022
$250
MATCHING GIFTS 1
2022
$250
MATCHING GIFTS 1
2021
$10.6M
OPERATING SUPPORT
2020
$250
MATCHING GIFTS 1
2020
$250
MATCHING GIFTS 1
2020
$250
MATCHING GIFTS 1
2020
$100
CONTRIBUTION
2020
$6.3M
RETURN OF PROCEEDS FROM THE SALE OF THE HOME BACK TO THE SUPPORTING ORGANIZATION.
2018

Funded by

$16.9M from 5 funders · 16 grants · 2018–2024

Illinois Masonic Children's Home

$16.9M · 2 grants · 2018–2020

Delmar And Audria M Olson Family Foundation

$8K · 5 grants · 2020–2024

Weitzman Foundation

$2K · 3 grants · 2020–2024

Bnsf Railway Foundation

$1K · 5 grants · 2020–2022

Details

EIN370911165
NTEE codeB820
Subsection03
Ruling date1966-06
Formed1966
Employees0
Volunteers300
ILLINOIS MASONIC CHARITIES FUND — Mission, Financials & Grants Received | Grantivo