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Elks National Foundation Inc

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

EIN: 263718342 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Elks National Foundation Inc?

The Elks National Foundation Inc, based in Chicago, Illinois, is a nonprofit organization dedicated to assisting the Benevolent and Protective Order of Elks of the United States of America (BPOE) in strengthening communities. They achieve this by granting academic scholarships up to $15,000 per year to approximately 3,000 individuals for undergraduate or graduate education. Additionally, they fund programs that foster character and confidence in youth, support veterans, and provide resources to Elks Lodges and State Associations to help them accomplish their charitable objectives. The Foundation has a workforce of 29 employees.


Official website here: www.elks.org/enf

Is Elks National Foundation Inc legitimate?

Elks National Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elks National Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,289,031

For more financial information, click here


Official website here: www.elks.org/enf

What is the mission statement of Elks National Foundation Inc?

The Elks National Foundation aims to strengthen communities by supporting the Benevolent and Protective Order of Elks of the United States of America. They achieve this mission by providing college scholarships, funding programs that foster the character and self-confidence of youth, serving and honoring veterans, and equipping Elks lodges and state associations with essential resources to accomplish their charitable objectives.


Official website here: www.elks.org/enf

Who is the CEO of Elks National Foundation Inc?

James O'Kelley Iii is the Chairman of Elks National Foundation Inc.


Official website here: www.elks.org/enf

What is the revenue of Elks National Foundation Inc?

Elks National Foundation Inc's revenue in 2023 was $27,750,732.


Official website here: www.elks.org/enf

Who are the executives of Elks National Foundation Inc and what are their salaries?

The average compensation at Elks National Foundation Inc during 2023 was $44,449. There are 29 employees and 8,500 volunteers at Elks National Foundation Inc.

Here are 8 key members and their salaries:

    James O'Kelley Iii (Director)
  • Compensation: $139,578
  • Related: $0
  • Other: $16,796

    • James M Mcquillan (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael F Smith (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger R True (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John D Amen (Asst Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James L Nichelson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis J Grillo (Member / Past Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • F Louis Sulsberger (Member / Past Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.elks.org/enf

    Where can I find the form 990 for Elks National Foundation Inc?

    The Elks National Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.elks.org/enf

    Learn more at the official website: www.elks.org/enf

    Mission Statement of Elks National Foundation Inc

    The Elks National Foundation, a key supporter of the Benevolent and Protective Order of Elks (BPOE) in the United States, works diligently to strengthen communities by providing various services and resources. This foundation's mission is multifaceted: it offers college scholarships to deserving students, funds character-building programs for youth, serves and honors veterans, and assists Elks Lodges and State Associations in their charitable endeavors. By supporting these initiatives, the Elks National Foundation plays an essential role in fostering robust, vibrant communities across the nation.

    The foundation's commitment to education is evident through its college scholarship program. Elks National Foundation empowers young minds by providing opportunities for higher learning, enabling them to reach their full potential and contribute positively to their communities. This support extends beyond scholarships as the foundation also funds programs that focus on nurturing the character and confidence of youth. These initiatives help shape the next generation, fostering a sense of responsibility, compassion, and community involvement.

    Another essential aspect of the Elks National Foundation's mission is its dedication to serving and honoring veterans. The foundation recognizes the sacrifices made by our nation's heroes and strives to express its gratitude through various support programs. Additionally, the foundation is committed to providing Elks Lodges and State Associations with the resources they need to accomplish their charitable objectives. By doing so, it amplifies the impact of their efforts and enables them to make a difference in the lives of many. In summary, the Elks National Foundation's mission is to empower communities by offering scholarships, character-building programs, veteran support, and essential resources for Elks Lodges and State Associations.

    Impact

    This information is meant to be a general summary of Elks National Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Elks National Foundation Inc plays a significant role in supporting the Benevolent and Protective Order of Elks of the United States of America in building stronger communities. Their impact is seen through the provision of academic scholarships to approximately 3,000 individuals annually, with values up to $15,000 per year for undergraduate or graduate education. In addition to scholarships, the foundation funds programs that enhance the character and confidence of youth, serves and honors veterans, and provides resources to Elks Lodges and state associations to accomplish their charitable objectives. Overall, the foundation's work contributes to fostering education, supporting youth development, honoring veterans, and strengthening community initiatives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,006,526
  • Program Service Revenue: $0
  • Gross Receipts: $544,389,586

    • Assets and Liabilities:
  • Total Assets: $876,926,878
  • Total Liabilities: $94,692,774
  • Net Assets: $782,234,104
  • Organization Details

    Founding Year

    1928

    Principal Officer

    James O'Kelley Iii

    Main Address

    2750 N LAKEVIEW AVENUE, CHICAGO, IL, 606141889

    NTEE Category

    Code: T31 - Philanthropy

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