The Sevan Charitable Foundation INC FY2020 filing

EIN 82-3400508 Private foundation / grantmaker Downers Grove, IL

Form 990 (PDF)

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Size

<$100K

What they do

A private foundation based in Downers Grove, IL. It reported about $96K in revenue for 2020.

Money in and out

$96K revenue, $206K expenses

Bottom line

-115% surplus margin

A private foundation based in Downers Grove, IL. It reported about $96K in revenue for 2020. For fiscal year 2020 it reported $96K in revenue, $206K in expenses, and $487K in net assets.Pt I

Grants paid & assets · FY2020

Total revenue

$96K

Pt VIII · Ln 12

Total expenses

$206K

Pt IX · Ln 25

Net assets

$487K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): −$110K

Surplus margin

-115%

revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990-PF

Revenue

$96K

FY2020

Expenses

$206K

FY2020

Total assets

$487K

FY2020

Total liabilities

FY2020

Total revenue

$96K

Pt VIII · Ln 12

Total expenses

$206K

Pt IX · Ln 25

Net assets

$487K

Pt X · Ln 32

Revenue less expensesPt I · Ln 19−$110K

Total assetsPt X · Ln 16$487K

Program-expense ratioPt IX · col B—

Voting members of governing bodyPt I · Ln 3pending

Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CThe Sevan Charitable Foundation INC

EINHdr · item D82-3400508

Principal addressHdr · item CDowners Grove, IL

WebsiteHdr · item Jnone reported

Year of formationHdr · item Lpending

State of legal domicileHdr · item MIL

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFFoundations & Grantmakers (T20)

Ruling yearIRS BMFAug 2018

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Officers, directors & key employeesPt VII · Sec ANot reported

See The Sevan Charitable Foundation INC executive salaries →

Statement of Revenue

Part VIII

Other revenue$89K · 93%

Contributions & grants$7K · 7%

Other revenue93%$89K

Contributions & grants7%$7K

Total revenueLn 12$96K

Balance Sheet

Part X · end of year

CashLn 1—

Total assetsLn 16$487K

Total liabilitiesLn 26$0

Total net assetsLn 32$487K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it

Liquidity & Payout

Payout rate

Grants paid $0 · Total assets $487K

Where the money comes from

Contribution dependence

Contributions & grants — · Total revenue $96K

—

Government reliance

not reported

Earned-income share

not reported

Investment reliance

Investment income $0 · Total revenue $96K

Program self-sufficiency

not reported

Growth & trend

Revenue growth (YoY)

This year $96K · Prior year —

No prior year on file

Net-asset trend (YoY)

End of year $487K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $96K · Expenses $206K

-115%

Liabilities-to-Assets

Total liabilities — · Total assets $487K

—

Net-asset ratio

Net assets $487K · Total assets $487K

100%

People & payroll

Highest Reported Total Compensation

Individual — · Reported title — · Highest reported compensation — · Total expenses $206K

No individual compensation reported on this filing

Personnel share

not reported

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

Grants

Schedule I · this organization's grantmaking

Grants paid · 189 grants · $903K · 2021–2025

Fisher House Foundation INCFY2025$46,777

Ronald McDonald House Charities of Chicagoland & Northwest IndianaFY2025$25,777

Blood Cancer UnitedFY2025$25,329

Sharebuilt INCFY2025$22,527

United Service Organizations INC (uso)FY2025$21,777

Blue Angels FoundationFY2025$10,000

Rotary Club of Downers GroveFY2025$2,500

Folds of HonorFY2025$1,500

Crossroads Urban CenterFY2025$750

The Bulverde Food PantryFY2025$750

Friends of Front Street ShelterFY2025$750

Helping Hand for Relief & DevelopmentFY2025$750

Team RubiconFY2025$600

Fellowship of Christian AthletesFY2025$500

Mother Teresa Maternity Home INCFY2025$452

World Central KitchenFY2025$400

St Jude Children's Research HospitalFY2025$250

Misericordia Family AssociationFY2025$200

See all 189 grants →

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2025 (Latest)$200K revenue · ⤓ 990 PDF

FY2024$102K revenue · ⤓ 990 PDF

FY2023$108K revenue · ⤓ 990 PDF

FY2022$103K revenue · ⤓ 990 PDF

FY2021$97K revenue · ⤓ 990 PDF

FY2020$96K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2020IRS

Classification, formation year, addressIRS Business Master File

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