Overview
What is Kirkland & Ellis Foundation?
The Kirkland & Ellis Foundation is a philanthropic organization headquartered in Chicago, Illinois. They are committed to financially supporting other non-profit charitable institutions exempt under IRC Section 501(C)(3). In addition to matching employees and partners' contributions through the firm's matching gifts program, the Kirkland & Ellis Foundation invests in the success of these organizations by extending financial grants.
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
The Kirkland & Ellis Foundation has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health. This rating is predominantly based on its strong performance in accountability and finance, with an overall score derived entirely from this area. The foundation has demonstrated exemplary fiscal responsibility, particularly highlighted by its program expense ratio, which stands at an impressive 99.99%.
Significant strengths of the foundation include a complete lack of material diversion of assets and excellent financial oversight, as shown by a perfect score in its audit and oversight practices. The foundation's liabilities to assets ratio is also commendable at 11.23%, indicating a stable financial position. Furthermore, the foundation has effectively managed fundraising costs, achieving a fundraising efficiency ratio of $0.00, suggesting that all funds raised are directed towards its programs.
Despite its strengths, the foundation's overall score reflects a single focus on accountability and finance, which may limit a broader assessment of its impact or program effectiveness. Nonetheless, the Kirkland & Ellis Foundation showcases a commitment to transparency and prudent financial management, making it a reliable entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Kirkland & Ellis Foundation legitimate?
Kirkland & Ellis Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kirkland & Ellis Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kirkland & Ellis Foundation?
The Kirkland & Ellis Foundation supports various charitable organizations in the United States that have been exempted from taxation under Section 501(C)(3) of the Internal Revenue Code. In addition to funding matching contributions for employees and partners under the firm's matching gifts program, the foundation extends financial assistance to these qualifying organizations. By providing financial resources, the foundation contributes to the ongoing efforts and initiatives of these non-profits to bring about positive change and make a difference in their respective communities.
Who is the CEO of Kirkland & Ellis Foundation?
Daniel Laytin is the Director of Kirkland & Ellis Foundation.
What is the revenue of Kirkland & Ellis Foundation?
Kirkland & Ellis Foundation's revenue in 2022 was $17,916,127.
Who are the executives of Kirkland & Ellis Foundation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kirkland & Ellis Foundation?
Kirkland & Ellis Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kirkland & Ellis Foundation
The Kirkland & Ellis Foundation is a philanthropic organization that extends financial support to non-profit charitable institutions exempt from taxation under IRC Section 501(C)(3). Beyond its matching contributions program for employees and partners, the Foundation generously funds various other qualifying organizations. The Foundation's mission is to make a significant impact on the lives of those served by these non-profits, contributing funds that help further their causes and extend their reach.
Established with a vision to make a difference, the Kirkland & Ellis Foundation believes in the transformative power of charitable giving. It recognizes the vital role that non-profit organizations play in addressing social issues and improving communities. By providing financial assistance, the Foundation enables these organizations to continue their important work and further their missions. With its contributions, the Foundation seeks to foster growth, expand programs, and ultimately bring about positive change.
In essence, the Kirkland & Ellis Foundation acts as a catalyst for progress, empowering non-profit organizations to create lasting change in the world. Through its grantmaking efforts, it bridges the financial gap, allowing these organizations to focus on their core missions and make a meaningful difference in the lives of those they serve.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Kirkland & Ellis Foundation significantly impacts its community by providing financial support to various charitable organizations that hold 501(c)(3) status. Based in Chicago, Illinois, it plays a crucial role in enhancing the capacity of nonprofits to deliver essential services and programs. A key aspect of its mission includes funding matching contributions for the firm's employees and partners through a matching gifts program, fostering a culture of philanthropy within the organization. This initiative not only amplifies the contributions from employees but also strengthens the overall impact of supported organizations, enabling them to address a wide range of social issues effectively. By facilitating this financial support, the foundation helps to empower nonprofits, enhance their sustainability, and ultimately improve the quality of life in communities they serve.
This information is meant to be a general summary of Kirkland & Ellis Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $106,378
- Gross Receipts: $20,875,675
Assets and Liabilities:
- Total Assets: $13,765,428
- Total Liabilities: $1,546,213
- Net Assets: $12,219,215
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1981
Phone
(312) 862-4045Principal Officer
Daniel Laytin
Main Address
300 N LASALLE DR, CHICAGO, IL, 60654
NTEE Category
Code: Z99 - Unknown
If you are a representative of Kirkland & Ellis Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.