Octavus H Hutchinson Tr R63663000
- Assets
- $2.5m
- Revenue
- $205.7k
- Investments
- $2.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2003
- Data as of
- 12/2023
- EIN
- 36-6011987
Organization Overview
Octavus H Hutchinson Tr R63663000 is located in Chicago, IL. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2023, Octavus H Hutchinson Tr R63663000 generated $205.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $184.8k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 5 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 2020, Octavus H Hutchinson Tr R63663000 has awarded 20 individual grants totaling $562,338. 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 | $0 |
| Dividends & Interest | $81,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $122,755 |
| Capital Gain Net Income | $122,755 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,383 |
| Total Revenue | $205,707 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,410 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,423 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $37,848 |
| Contributions, gifts, grants paid | $146,968 |
| Total expenses and disbursements | $184,816 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,285 |
| Savings and temporary cash investments | $42,367 |
| 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 | $147,539 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,492,183 |
| 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, Octavus H Hutchinson Tr R63663000 has awarded $146,968 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDSERV INC PURPOSE: GENERAL | $5,601 |
UNITED METHODIST HOMES AND SERVICES PURPOSE: GENERAL | $5,601 |
INGLESIDE WHITFIELD METHODIST PURPOSE: GENERAL | $124,564 |
UNITED METHODIST CLERGY FUND- N IL PURPOSE: GENERAL | $5,601 |
NORTHWESTERN MEMORIAL FOUNDATION PURPOSE: GENERAL | $5,601 |