Helen L Grant Trust 2040240
- Assets
- $3.7m
- Revenue
- $220.5k
- Investments
- $3.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1988
- Data as of
- 12/2023
- EIN
- 36-6636282
Organization Overview
Helen L Grant Trust 2040240 is located in Chicago, IL. The organization was established in 1988. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helen L Grant Trust 2040240 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 12/2023, Helen L Grant Trust 2040240 generated $220.5k 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 (4.5%) each year. All expenses for the organization totaled $274.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Helen L Grant Trust 2040240 has awarded 426 individual grants totaling $1,125,907. 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) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 2 | $61,517 | |
John D Gottlick Co-Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $121,785 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,729 |
| Capital Gain Net Income | $98,729 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $220,514 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $61,517 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,461 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $66,993 |
| Contributions, gifts, grants paid | $207,803 |
| Total expenses and disbursements | $274,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,609 |
| Savings and temporary cash investments | $48,215 |
| 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 | $219,337 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,695,427 |
| 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, Helen L Grant Trust 2040240 has awarded $207,803 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
NOLAN BEARD PURPOSE: SCHOLARSHIP | $3,000 |
FAITH GOMEZ PURPOSE: SCHOLARSHIP | $3,000 |
AUBREY BRENZ PURPOSE: SCHOLARSHIP | $3,000 |
KAYLEIGH FERGUSON PURPOSE: SCHOLARSHIP | $3,000 |
JARED HERZOG PURPOSE: SCHOLARSHIP | $3,000 |
MARCOS MORALES-HERNANDEZ PURPOSE: SCHOLARSHIP | $3,000 |