Laura Hare Tr 12112002
- Assets
- $7.0m
- Revenue
- $900.5k
- Investments
- $4.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/2007
- Data as of
- 12/2021
- EIN
- 20-6955819
Organization Overview
Laura Hare Tr 12112002 is located in Chicago, IL. The organization was established in 2007. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Laura Hare Tr 12112002 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 12/2021, Laura Hare Tr 12112002 generated $900.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 24.2% each year . All expenses for the organization totaled $519.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Laura Hare Tr 12112002 has awarded 20 individual grants totaling $1,524,796. 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 |
|---|---|---|---|
Bmo Harris Bank Na Trustee | 1 | $103,672 | |
Lenore Tedesco Selection Committee Member | 1 | $4,775 | |
Valita M Fredland Selection Committee Member | 1 | $1,400 | |
Helga Behroozi Selection Committee Member | 1 | $1,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $205,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $694,940 |
| Capital Gain Net Income | $694,940 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $157 |
| Total Revenue | $900,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $111,247 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,479 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8 |
| Total operating and administrative expenses | $122,734 |
| Contributions, gifts, grants paid | $396,885 |
| Total expenses and disbursements | $519,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,344 |
| Savings and temporary cash investments | $333,627 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,219,262 |
| Total assets | $6,961,127 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Laura Hare Tr 12112002 has awarded $396,885 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
INDIANA NATURAL RESOURCES FOUNDATION PURPOSE: PROGRAM SUPPORT | $254,850 |
SYCAMORE TRUST INC PURPOSE: PROGRAM SUPPORT | $125,000 |
INDIANA FOREST ALLIANCE PURPOSE: PROGRAM SUPPORT | $16,335 |
ECOLOGIK INC PURPOSE: PROGRAM SUPPORT | $700 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lions Clubs International Ftdn Oak Brook, IL | $351,383,302 | $75,752,011 |
Forefront Chicago, IL | $3,633,661 | $8,901,727 |
Holl Trust B Presbyterian Home Milwaukee, WI | $34,163,292 | $4,097,383 |
Shoppinggives Foundation Chicago, IL | $463,970 | $1,669,819 |
Coca Qalicb Inc Saint Louis, MO | $31,981,162 | $1,980,360 |
National Association Of Charitable Gift Planners Inc Indianapolis, IN | $1,287,608 | $1,242,754 |
Indiana Philanthropy Alliance Inc Indianapolis, IN | $2,099,351 | $1,191,041 |
Indiana Philanthropy Alliance Foundation Inc Indianapolis, IN | $2,066,230 | $804,018 |
Nonprofit Connect Network Learn Grow Kansas City, MO | $2,501,951 | $1,465,132 |
Wisconsin Philanthropy Network Inc Milwaukee, WI | $894,082 | $720,344 |
Richard G Moench Charitable Tr Peter J Sacopulos Ttee Terre Haute, IN | $9,912,661 | $1,644,844 |
Love Thy Neighborhood Louisville, KY | $166,413 | $547,792 |