Trend Holdings Inc Foundation
- Assets
- $212.0k
- Revenue
- -$13.6k
- Investments
- $165.4k
- Employees
- 0
- Location
- Wheeling, IL
- Founding
- 07/2001
- Data as of
- 12/2021
- EIN
- 36-4401938
Organization Overview
Trend Holdings Inc Foundation is located in Wheeling, IL. The organization was established in 2001. 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. Trend Holdings Inc Foundation 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, Trend Holdings Inc Foundation generated -$13.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $28.9k during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 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, Trend Holdings Inc Foundation has awarded 74 individual grants totaling $151,829. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEMPLE CHAI
DISTRICT 214 EDUCATION
MAOT CHITIM OF GREATER CHICAGO
KIDS ABOVE ALL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Pfleeger Director | 1 | $0 | |
Richard Rosen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $21 |
| Dividends & Interest | $72 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,406 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $1,321 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$12,333 |
| Total Revenue | -$13,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,730 |
| Contributions, gifts, grants paid | $26,209 |
| Total expenses and disbursements | $28,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,556 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $211,969 |
| 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 | $10,570 |
| Total liabilities | $10,570 |
Grants Awarded
Over the last fiscal year, Trend Holdings Inc Foundation has awarded $26,209 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Long Grove, IL PURPOSE: RELIGIOUS | $6,100 |
DIST 214 FOUNDATION PURPOSE: EDUCATIONSCHOLARSHIPS | $3,600 |
MAOT CHITIM OF GREATER CHICAGO PURPOSE: FOOD PACKAGESFOR PASSOVER | $3,000 |
WHEELING ROTARY FOUNDATION PURPOSE: HELP NEEDY INWHEELINGCOMMUNITY | $2,500 |
KIDS ABOVE ALL PURPOSE: FOSTER FAMILY SUPPORTEDUCATIION FOR NEEDY CHICAGO | $2,500 |
Buffalo Grove, IL PURPOSE: FOSTER CAREYOUTH SERVICES | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genyouth Inc Rosemont, IL | $9,087,915 | $10,980,091 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Sondheimer Family Charitable Foundation Wilmette, IL | $0 | $30,820 |
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Illinois Tool Works Foundation Glenview, IL | $328,623 | $8,500,000 |
Willow Springs Charitable Tr Mt Carroll, IL | $100,115,931 | $21,339,853 |
Hamill Family Foundation Chicago, IL | $55,305,054 | $6,054,241 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |
We Energies Foundation Inc Milwaukee, WI | $74,423,525 | $6,027,785 |
Grand Victoria Foundation Chicago, IL | $167,134,023 | $22,046,260 |
Richard O Jacobson Foundation Inc Des Moines, IA | $24,841,991 | $13,826,505 |