Belvedere Cares Foundation

Deerfield, IL 60015 EIN 814585752

https://N/A
Total Given 2017–2024
$3.0M
123 grants · $372K avg/year
based on 8 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$10K
typical small grants · $2K–$25K
grant size
33%
supporter · 24/73 multi-year
repeat
$4.3M
Assets · 2021
73
Distinct recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2017, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $164,600. This amount represents over 25% of the Foundation's net assets of $10,000 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2017. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Arts & Culture

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone 3122623430

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2017 $165K $834K $1.0M 9
2019 N/A $4.5M $2.7M N/A
2020 $440K $4.3M $191K 19
2021 $426K $4.3M $165K 23
2022 $537K $6.9M $3.6M 34
2023 $756K $11.5M $5.3M 21
2024 $652K $11.6M $328K 17

Grant Size Distribution

Based on 123 grants on record

Minimum
$50
25th Pctl
$2K
Median
$10K
Average
$24K
75th Pctl
$25K
Maximum
$400K

Geographic Distribution

US Grant Distribution Map

Key Personnel

NameTitleCompensation
Carrie Hutchinson Director
Thomas Hutchinson Director

Grants Awarded (123 total)

Purpose
Urban Initiatives Chicago, IL $400,256 Organization's Exempt Purpose 2023
Urban Initiatives Chicago, IL $200,187 Organization's Exempt Purpose 2024
UNIVERSITY OF ILLINOIS FOUNDATION URBANA, IL $104,000 Organization's Exempt Purpose 2020
Big Brothers Big Sisters Crystal Lake, IL $85,500 Organization's Exempt Purpose 2024
UNIVERSITY OF CHICAGO CHICAGO, IL $85,000 Organization's Exempt Purpose 2024
Big Brothers Big Sisters Crystal Lake, IL $85,000 Organization's Exempt Purpose 2023
UNIVERSITY OF CHICAGO CHICAGO, IL $85,000 Organization's Exempt Purpose 2022
UNIVERSITY OF CHICAGO CHICAGO, IL $85,000 Organization's Exempt Purpose 2023
UNIVERSITY OF CHICAGO CHICAGO, IL $85,000 Organization's Exempt Purpose 2021
Jackson Chance Foundation Chicago, IL $82,500 Organization's Exempt Purpose 2024
Urban Initiatives Chicago, IL $80,583 Organization's Exempt Purpose 2022
Jackson Chance Foundation Chicago, IL $80,000 Organization's Exempt Purpose 2023
Girls 4 Science Chicago, IL $75,000 Organization's Exempt Purpose 2024
Big Brothers-Big Sisters Chicago Chicago, IL $60,000 Organization's exempt purpose 2021
Big Brothers-Big Sisters Chicago Chicago, IL $55,000 Organization's exempt purpose 2022
UNIVERSITY OF ILLINOIS FOUNDATION URBANA, IL $52,000 Organization's Exempt Purpose 2022
Urban Initiatives Chicago, IL $50,416 Organization's Exempt Purpose 2021
Jackson Chance Foundation Chicago, IL $50,100 Organization's Exempt Purpose 2020
Urban Initiatives Chicago, IL $50,000 Organization's Exempt Purpose 2020
CHICAGO HOPES FOR KIDS CHICAGO, IL $50,000 Organization's Exempt Purpose 2020
Jackson Chance Foundation Chicago, IL $50,000 Organization's Exempt Purpose 2021
Jackson Chance Foundation Chicago, IL $50,000 Organization's Exempt Purpose 2022
GREENWOOD PROJECT CHICAGO, IL $50,000 Organization's Exempt Purpose 2022
Big Brothers-Big Sisters Chicago Chicago, IL $50,000 Organization's exempt purpose 2020
LEUKEMIA RESEARCH FOUNDATION INC NORTHFIELD, IL $50,000 General & Unrestricted 2017