Hannah & Frank Grossman Charitable Tr

Organization Overview

Hannah & Frank Grossman Charitable Tr is located in Frankfort, IL. The organization was established in 1997. 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. Hannah & Frank Grossman 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, Hannah & Frank Grossman Charitable Tr generated $25.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $64.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hannah & Frank Grossman Charitable Tr has awarded 56 individual grants totaling $595,500. 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)Compensation
Steven S Gilson
Trustee
$12,000
Sue Frankenstein
Trustee
$12,000

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $22,241
Net Rental Income$0
Net Gain on Sale of Assets $3,510
Capital Gain Net Income $3,510
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $93
Total Revenue $25,844

Grants Awarded

Over the last fiscal year, Hannah & Frank Grossman Charitable Tr has awarded $22,500 in support to 6 organizations.

Grant RecipientAmount

Park Ridge, IL

PURPOSE: PROGRAM SUPPORT

$5,000

NORTH SHORE SENIOR CENTER

Org PageRecipient Profile

Northfield, IL

PURPOSE: PROGRAM SUPPORT

$5,000

SHALVA

PURPOSE: PROGRAM SUPPORT

$5,000

MULTIPLE SCLEROSIS SOCIETY

Org PageRecipient Profile

New York, NY

PURPOSE: PROGRAM SUPPORT

$2,500

PEGASUS THERAPEUTIC RIDING

PURPOSE: PROGRAM SUPPORT

$2,500

Winnetka, IL

PURPOSE: PROGRAM SUPPORT

$2,500
View Grant Profile

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