Mills Fam Charitable Tr
- Assets
- $998.3k
- Revenue
- $664.0k
- Investments
- $350.5k
- Employees
- 0
- Location
- Northfield, IL
- Founding
- 04/2003
- Data as of
- 12/2022
- EIN
- 30-6000363
Organization Overview
Mills Fam Charitable Tr is located in Northfield, IL. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mills Fam Charitable Tr 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 12/2022, Mills Fam Charitable Tr generated $664.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $520.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mills Fam Charitable Tr has awarded 424 individual grants totaling $5,225,691. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,300 |
| Dividends & Interest | $14,152 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $646,526 |
| Capital Gain Net Income | $646,526 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $663,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,131 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,489 |
| Total operating and administrative expenses | $21,620 |
| Contributions, gifts, grants paid | $498,700 |
| Total expenses and disbursements | $520,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,828 |
| Savings and temporary cash investments | $626,987 |
| 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 | $0 |
| Total assets | $998,305 |
| 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, Mills Fam Charitable Tr has awarded $498,550 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: GENERAL FUNDING | $10,000 |
BLADDER CANCER ADVOCACY NETWORK PURPOSE: GENERAL FUNDING | $5,000 |
BRIARWOOD SCHOLARSHIP FOUNDATION PURPOSE: GENERAL FUNDING | $1,500 |
CITIZENSHIP COUNTS PURPOSE: GENERAL FUNDING | $15,000 |
FRENCHMAN'S CREEK CHARITIES FOUNDATION PURPOSE: GENERAL FUNDING | $2,850 |
FUNMI ADEWOLE FOUNDATION PURPOSE: GENERAL FUNDING | $1,200 |