Elks National Foundation Inc
86% goes to programs $12 to raise $100 Strong reserves Declining revenue
Elks National Foundation Inc is a 501(c)(3) organization based in Chicago, Illinois, registered in 2009, with $61,600,573 in FY2024 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
2750 N Lakeview Ave, Chicago, IL, 60614 EIN 26-3718342 Since 2009
Revenue (FY2024)
$61.6M
▲ 64.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$44.5M
Net assets
$873.0M
Employees
25
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating86% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Elks National Foundation Inc: 86% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating235 mo reserves · +28% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Elks National Foundation Inc: 235 mo reserves · +28% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Elks National Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Elks National Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The foundation's mission is to help the benevolent and protective order of elks of the united states of america (bpoe) build stronger communities by offering college scholarships, funding programs that build the character and confidence of youth, serving veterans, and providing elks lodges and state associations with resources they need to accomplish their charitable objectives.
What they do
The foundation provided grants to the elks state associations to help fund their charitable activities. these activities include medical care and research, in-home treatment for children with disabilities, youth camps, shelters for abused women, and state level programs consistent with those provided by the foundation. the foundation provided grants ranging to $10,000 to help elks lodges implement projects and programs that address unmet needs in their communities in lasting and meaningful ways.the foundation provided funds to the elks veterans service commission for various programs benefiting veterans. the foundation also provided funds to the elks veterans memorial restoration trust to help pay for needed maintenance and upkeep of the elks veteran memorial and to the elks national drug awareness commission to pursue the foundation's drug awareness program.
Contact & location
- Address
- 2750 N Lakeview Ave, Chicago, IL, 60614
- City
- Chicago
- State
- Illinois
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $36.1M (FY2015) to $61.6M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12.0MNet assets $873.0M
Operating margin
27.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$885.0M
Total liabilities
$12.0M
Net assets
$873.0M
Salaries & benefits
$1.9M
4% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,600,573▲64.8% | $44,533,130▲10.7% | $873,015,260▲1.8% | $884,971,330▼4.4% | 990 |
| 2023 | $37,385,570▲34.7% | $40,244,595▼5.5% | $857,298,956▲9.6% | $925,982,127▲5.6% | 990 |
| 2022 | $27,750,732▼70.9% | $42,597,331▲14.6% | $782,234,104▼7.8% | $876,926,878▼5.2% | 990 |
| 2021 | $95,466,562▲53.9% | $37,180,568▲13.2% | $848,319,159▲1.8% | $925,414,359▼1.2% | 990 |
| 2020 | $62,047,958▲43.0% | $32,848,662▲11.2% | $833,003,371▲27.5% | $936,472,552▲23.8% | 990 |
| 2019 | $43,379,037▼36.9% | $29,533,298▼5.3% | $653,125,885▼8.2% | $756,361,026▼7.6% | 990 |
| 2018 | $68,772,020▲50.1% | $31,196,607▲5.9% | $711,851,945▲1.8% | $818,675,624▲4.2% | 990 |
| 2017 | $45,805,924▲45.5% | $29,455,323▲8.2% | $699,546,633▲6.6% | $785,467,177▲0.9% | 990 |
| 2016 | $31,475,041▼12.8% | $27,224,193▼7.1% | $656,382,934▲6.2% | $778,124,909▲6.2% | 990 |
| 2015 | $36,082,387 | $29,295,750 | $617,872,999 | $732,579,927 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: James O'kelley III — $151,197 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James O'kelley III | Director | 40 | $151,197 |
| Deborah Kahler Doles | Asst Director | 40 | $104,910 |
| F Louis Sulsberger | Asst Secretary | 1 | — |
| James L Nichelson | Secretary | 1 | — |
| James M Mcquillan | Trustee | 1 | — |
| John D Amen | Treasurer | 1 | — |
| Louis J Grillo | Asst Treasurer | 1 | — |
| Michael F Smith | Chairman | 1 | — |
| Roger R True | Vice Chairman | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Barton Powell Barton Company | Trophy Provider | $116,141 |
| Folio Films LLC | Filmmaking | $105,475 |
Grants received · $864K total
44 grants to Elks National Foundation Inc totaling $864K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $36,395 |
| Charities Aid Foundation America | Charitable donation | 2024 | $18,116 |
| Paypal Charitable Giving Fund | General support | 2024 | $9,831 |
| American Online Giving Foundation Inc | General support | 2023 | $43,318 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $26,913 |
| Charities Aid Foundation America | Charitable donation | 2023 | $17,932 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $16,100 |
| American Online Giving Foundation Inc | General support | 2022 | $30,991 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $26,757 |
| The Blackbaud Giving Fund | General support | 2022 | $22,264 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $19,700 |
| Charities Aid Foundation America | Charitable donation | 2022 | $17,029 |
| Alaska Community Foundation | Operational support | 2022 | $10,000 |
| American Endowment Foundation | Philanthropy | 2022 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $58,025 |
Grants made · $31.9M in FY2024
1,485 grants totaling $31.9M in FY2024 — showing the 15 largest. All grants made by Elks National Foundation Inc →
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Frequently asked questions
- Is Elks National Foundation Inc a legitimate nonprofit?
- Yes. Elks National Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-3718342, based in Chicago, Illinois. Donations are tax-deductible.
- What is Elks National Foundation Inc's EIN?
- Elks National Foundation Inc's Employer Identification Number (EIN) is 26-3718342.
- How much revenue does Elks National Foundation Inc report?
- Elks National Foundation Inc reported $61,600,573 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Elks National Foundation Inc's spending goes to programs?
- Elks National Foundation Inc spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Elks National Foundation Inc have?
- CharityIndex grades Elks National Foundation Inc A, based on program efficiency and fundraising cost.
- How much does Elks National Foundation Inc's highest-paid employee make?
- The highest reported compensation on Elks National Foundation Inc's latest Form 990 is $151,197, paid to James O'kelley III (Director).
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Data for Elks National Foundation Inc (EIN 26-3718342) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.