Wilfred J Minkus Charitable Trust
- Assets
- $1.5m
- Revenue
- $62.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Skokie, IL
- Founding
- 09/2010
- Data as of
- 12/2023
- EIN
- 27-1636169
Organization Overview
Wilfred J Minkus Charitable Trust is located in Skokie, IL. The organization was established in 2010. 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. Wilfred J Minkus Charitable Trust 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 12/2023, Wilfred J Minkus Charitable Trust generated $62.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $68.9k during the year ending 12/2023. While expenses have increased by 0.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wilfred J Minkus Charitable Trust has awarded 69 individual grants totaling $569,000. 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 |
|---|---|---|---|
Michael Minkus Vice President | 1 | $0 | |
Rebecca Minkus-Lieberman President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,420 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $379 |
| Taxes | $1,440 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $4,934 |
| Contributions, gifts, grants paid | $64,000 |
| Total expenses and disbursements | $68,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $861,656 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,535,582 |
| Accounts payable and accrued expenses | $10,000 |
| 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 | $57,639 |
| Total liabilities | $67,639 |
Grants Awarded
Over the last fiscal year, Wilfred J Minkus Charitable Trust has awarded $64,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP RAMAH PURPOSE: GENERAL | $6,000 |
FIDF PURPOSE: GENERAL | $10,000 |
ROCHELLE ZELL JEWISH HIGH SCHOOL PURPOSE: EDUCATIONAL INSTITUTION | $2,500 |
GABRIEL PROJECT MUMBAI PURPOSE: GENERAL | $6,000 |
SOLOMON SCHECTER DAY SCHOOL PURPOSE: EDUCATIONAL INSTITUTION | $2,500 |
THE ARK PURPOSE: GENERAL | $4,000 |