Transformation Trust Inc
- Assets
- $23.2m
- Revenue
- $1.3m
- Investments
- $19.2m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 35-2024586
Organization Overview
Transformation Trust Inc is located in Indianapolis, IN. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Transformation Trust Inc 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, Transformation Trust Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Transformation Trust Inc has awarded 131 individual grants totaling $10,229,043. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Klink Board Member | 20 | $77,885 | |
Elizabeth Hamilton Board Member | 10 | $22,846 | |
Jeanne Paquette Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $547,426 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $703,177 |
| Capital Gain Net Income | $703,177 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,149 |
| Total Revenue | $1,253,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,731 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,557 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $525 |
| Total operating and administrative expenses | $269,229 |
| Contributions, gifts, grants paid | $1,257,082 |
| Total expenses and disbursements | $1,526,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,112 |
| Savings and temporary cash investments | $3,890,344 |
| 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 | $254,398 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,182,828 |
| 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, Transformation Trust Inc has awarded $1,257,082 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Boulder Creek, CA PURPOSE: THE GROUP COHERENCE MOBILE PLATFORM PROJECT | $301,250 |
San Francisco, CA PURPOSE: THRIVEON CHARITABLE EDUCATION | $250,832 |
New York, NY PURPOSE: DOCUMENTARY ON RESEARCH | $250,000 |
INDIANA STATE SYMPHONY SOCIETY INC DBA INDIANAPOLIS SYMPHONY ORCHESTRA PURPOSE: METROPOLITAN YOUTH ORCHESTRA - BUILDING HUMAN POTENTIAL | $175,000 |
Nevada City, CA PURPOSE: GENERAL OPERATIONS | $130,000 |
New York, NY PURPOSE: EFFECTS OF MEDITATION ON MOLECULAR BIOLOGY | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
David F And Margaret T Grohne Family Foundation Western Springs, IL | $161,662,019 | $15,904,271 |
The Burke Foundation Inc Milwaukee, WI | $121,362,007 | $6,169,378 |
Illinois Assistive Technology Program Springfield, IL | $10,127,419 | $6,900,669 |
Crossroads Fund Chicago, IL | $13,233,891 | $8,800,082 |
Vine And Branches Foundation Inc Brookfield, WI | $8,641,827 | $2,521,561 |
Association Of State Floodplain Managers Inc Madison, WI | $3,465,086 | $3,791,524 |
Alan Stone Family Charitable Foundation % Reed Smith LLP - Harry Rosenberg Chicago, IL | $0 | $100,169 |
Peter And Paula Fasseas Foundation Chicago, IL | $50,357,726 | $8,283,085 |
Jefferson City Parks And Recreation Foundation Jefferson City, MO | $842,423 | $291,038 |
Stephenson Family Foundation Schaumburg, IL | $89,371 | $3,480,000 |
Galesburg Community Foundation Galesburg, IL | $41,357,933 | $5,623,656 |
Dismas Charities Properties Inc Louisville, KY | $71,077,691 | $7,449,643 |