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Helen V. Brach Foundation

Profile

Last Updated: 2016-02-08

At A Glance

Helen V. Brach Foundation

104 S. Michigan Ave., Ste. 1310

Chicago, IL United States 60603-6114

Telephone: (312) 372-4417

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-03-31)

Assets: $124,350,923

Total giving: $7,000,100

EIN

237376427

BRIDGE Number

5415494832

Background

Established in 1974 in IL - Mrs. Brach was the wife of Frank Brach, who was a principal and owner of the E.J. Brach and Sons Candy Company in Chicago. The company was founded by Frank Brach's father. Frank Brach died in 1970 and Helen Brach became heir to the Brach family fortune. Under Helen Brach's will a substantial portion of the Brach family fortune was bequeathed to the foundation. In February of 1977, Helen Brach disappeared without a trace. Seven years later, Helen Brach was judicially declared dead, with her death presumed to have occurred in 1977. Inasmuch as the foundation was the principal legatee under her will, it received a major distribution of assets when she was declared deceased. The foundation also expects additional funds will be realized when Helen Brach's estate is finally closed

Purpose and Activities

The foundation's charter provides that it should operate for the following purposes: charitable, educational, literary, prevention of cruelty to animals, prevention of cruelty to children, promotion of music, arts and theater, religious and scientific.

Fields of Interest

Subjects
  • Animal welfare
  • Arts and culture
  • Child welfare
  • Education
  • Environment
  • Higher education
  • Homeless services
  • Housing development
  • Human services
  • Secondary education
  • Youth organizing
Population Groups
  • Academics
  • Catholics
  • Children and youth
  • Christians
  • Economically disadvantaged people
  • Low-income and poor people
  • People with disabilities
  • Students

Financial Data

Year ended 2015-03-31

Assets: $124,350,923 (market value)

Expenditures: $8,579,531

Total giving: $7,000,100

Qualifying distributions: $7,840,280

Giving activities include:

$6,263,650 for 435 grants (high: $150,000; low: $500)

$736,450 for 227 employee matching gifts