Grace L Cone Trust
- Assets
- $148.6k
- Revenue
- $16.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 34-6816639
Organization Overview
Grace L Cone Trust is located in Chicago, IL. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2021, Grace L Cone Trust generated $16.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $7.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,119 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,504 |
| Capital Gain Net Income | $12,504 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,623 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,014 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $464 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $1,578 |
| Contributions, gifts, grants paid | $6,292 |
| Total expenses and disbursements | $7,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $398 |
| Savings and temporary cash investments | $1,679 |
| 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 | $146,545 |
| Total assets | $148,622 |
| 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, Grace L Cone Trust has awarded $6,292 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE OHIO MASONIC HOME PURPOSE: GENERAL | $1,573 |
HUMANE SOCIETY OF GEAUGA CNTY PURPOSE: GENERAL | $1,573 |
BURTON PUBLIC LIBRARY PURPOSE: GENERAL | $1,573 |
Mount Vernon, OH PURPOSE: GENERAL | $1,573 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |
Willard J And Alice C Corbett Char Tr Chicago, IL | $0 | $307,254 |
Ferdinand A & Agnes M Bower Charitable Trust Chicago, IL | $0 | $555,207 |
Eric P And Evelyn Newman Charitable Foundation Saint Louis, MO | $112,434,986 | $5,417,714 |
Stanita Foundation Greenwood, IN | $37,315,806 | $4,060,296 |
Elhapa Foundation Inc Lexington, KY | $43,489,972 | $1,635,816 |