Lilly M Berg Memorial Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 956022484 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Lilly M Berg Memorial Fund?

The Lilly M Berg Memorial Fund is a charitable organization, situated in Chicago, Illinois. Its primary mission is to financially aid the organizations listed in Schedule A, Part I. Specifically, the Fund supports these organizations to fulfill their respective objectives, as per the description provided. The Fund's activities are geared towards uplifting the organizations it supports, without disclosing the nature or focus of these organizations in the given information.

Is Lilly M Berg Memorial Fund legitimate?

Lilly M Berg Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lilly M Berg Memorial Fund 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: $41,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lilly M Berg Memorial Fund?

The Lilly M Berg Memorial Fund's mission is centered around supporting the organizations listed in Schedule A, Part I. This charity primarily focuses on providing financial aid to these designated entities. While the specific objectives or activities of these organizations are not provided, the Lilly M Berg Memorial Fund's mission is to contribute to their causes. A grant paid to the Huntington Memorial Hospital serves as an example of its support.

Who is the CEO of Lilly M Berg Memorial Fund?

Northern Trust N A is the Trustee of Lilly M Berg Memorial Fund.

What is the revenue of Lilly M Berg Memorial Fund?

Lilly M Berg Memorial Fund's revenue in 2022 was $139,638.

Who are the executives of Lilly M Berg Memorial Fund and what are their salaries?


There is 1 key member and their salary:


Northern Trust N A (Trustee)
  • Compensation: $41,430
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lilly M Berg Memorial Fund?

Lilly M Berg Memorial Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lilly M Berg Memorial Fund

The Lilly M Berg Memorial Fund is committed to supporting the organizations listed in Schedule A, Part I. In essence, the mission of this fund is geared towards providing financial assistance to these specified nonprofit organizations. While the provided information does not disclose the nature or focus of the organizations, it is clear that the Lilly M Berg Memorial Fund plays a crucial role in their sustenance. Specifically, the fund pays grants to these supported organizations, as evident in the case of Huntington Memorial Hospital. By providing financial support, the Lilly M Berg Memorial Fund enables these organizations to continue their vital work and positively impact their respective communities.

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Impact




October, 2024

The Lilly M Berg Memorial Fund plays a significant role in enhancing community health and wellbeing by providing vital financial support to organizations focused on healthcare services. One of the key beneficiaries is Huntington Memorial Hospital, which relies on these grants to improve patient care, expand services, and invest in state-of-the-art medical technologies. This funding not only helps address immediate health needs but also supports long-term initiatives that promote overall wellness in the Chicago area. By backing organizations dedicated to healthcare, the Lilly M Berg Memorial Fund contributes to stronger, healthier communities, ensuring access to essential medical services for those in need.




This information is meant to be a general summary of Lilly M Berg Memorial Fund. 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.

Revenue
$139,638 (2022)
Expenses
$96,543 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $139,638
  • Gross Receipts: $892,270

Assets and Liabilities:

  • Total Assets: $3,075,041
  • Total Liabilities: $0
  • Net Assets: $3,075,041

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Organization Details

Founding Year

1945

Principal Officer

Northern Trust N A

Main Address

PO BOX 803878, CHICAGO, IL, 60680

NTEE Category

Code: T30 - Philanthropy

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