Trott Family Foundation
- Assets
- $0.0
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1998
- Data as of
- 06/2021
- EIN
- 13-3919816
Organization Overview
Trott Family Foundation is located in Chicago, IL. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trott Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Trott Family Foundation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $34.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Trott Family Foundation has awarded 325 individual grants totaling $87,325,696. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimbeth Coventry Executive Director | 40 | $132,170 | |
Byron D Trott Trustee/part Time | 0 | $0 | |
Tina L Trott Trustee/part Time | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $257 |
| Dividends & Interest | $35,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $314,483 |
| Total Revenue | $2,395,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,170 |
| Pension plans, employee benefits | $4,881 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $258,994 |
| Contributions, gifts, grants paid | $33,984,712 |
| Total expenses and disbursements | $34,243,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Trott Family Foundation has awarded $33,984,712 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: ENDOWMENT GRANT - SEE STATEMENT ATTACHED | $25,176,597 |
Chicago, IL PURPOSE: ENDOWMENT GRANT - SEE STATEMENT ATTACHED | $4,532,740 |
Chicago, IL PURPOSE: SEE EXPENDITURE RESPONSIBILITY STATEMENT | $1,250,000 |
OHIO STATE UNIVERSITY PURPOSE: ATHLETICS EXCELLENCE FUND | $1,000,000 |
Chicago, IL PURPOSE: SEE EXPENDITURE RESPONSIBILITY STATEMENT | $800,000 |
St Louis, MO PURPOSE: ROOTED SCHOLARSHIP PROGRAM | $476,700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $0 | $124,727,424 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |