Charles L Hutchinson Fund 01-13088
- Assets
- $1.6m
- Revenue
- $67.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Po Box Chic, IL
- Founding
- 01/1900
- Data as of
- 04/2024
- EIN
- 36-6025641
Organization Overview
Charles L Hutchinson Fund 01-13088 is located in Po Box Chic, IL. The organization was established in 1900. 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 04/2024, Charles L Hutchinson Fund 01-13088 generated $67.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $91.1k during the year ending 04/2024. While expenses have increased by 2.8% per year over the past 4 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 2021, Charles L Hutchinson Fund 01-13088 has awarded 20 individual grants totaling $279,783. 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 | $58,748 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,931 |
| Capital Gain Net Income | $8,931 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,679 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,044 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,089 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $20,648 |
| Contributions, gifts, grants paid | $70,457 |
| Total expenses and disbursements | $91,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $25,065 |
| 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 | $46,817 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,630,417 |
| 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, Charles L Hutchinson Fund 01-13088 has awarded $70,457 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
RUSH UNIVERSITY MEDICAL CENTER PURPOSE: GENERAL | $11,747 |
MEADVILLE THEOLOGICAL SCHOOL OF LOMBARD PURPOSE: GENERAL | $11,747 |
ART INSTITUTE OF CHICAGO PURPOSE: GENERAL | $23,469 |
MICHAEL REESE HEALTH TRUST PURPOSE: GENERAL | $11,747 |
ANN & ROBERT H LURIE CHILDREN'S PURPOSE: GENERAL | $11,747 |