The Robert E Gallagher Charitable Trust
- Assets
- $23.5m
- Revenue
- $4.2m
- Investments
- $23.2m
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 36-7180671
Organization Overview
The Robert E Gallagher Charitable Trust is located in Glenview, IL. The organization was established in 1997. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert E Gallagher Charitable Trust 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, Robert E Gallagher Charitable Trust generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $4.4m during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 6 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 2015, Robert E Gallagher Charitable Trust has awarded 352 individual grants totaling $17,754,378. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $406 |
| Dividends & Interest | $1,416,377 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,631,787 |
| Capital Gain Net Income | $2,631,787 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $184,810 |
| Total Revenue | $4,233,380 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $83,156 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,912 |
| Total operating and administrative expenses | $252,672 |
| Contributions, gifts, grants paid | $4,107,000 |
| Total expenses and disbursements | $4,359,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $242,504 |
| 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 | $23,226,914 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,229 |
| Total assets | $23,474,647 |
| 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, The Robert E Gallagher Charitable Trust has awarded $4,107,000 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
BIG SHOULDERS ARCHDIOCESE OF CHICAGO PURPOSE: GENERAL | $2,362,000 |
DEVISES 4 THE DISABLED PURPOSE: GENERAL | $210,000 |
ST THERESE CATHOLIC SCHOOL PURPOSE: EDUCATION | $100,000 |
CITY OF HOPE - LEUKEMIA RESEARCH PURPOSE: GENERAL | $75,000 |
JUVENILE DIABETES FOUNDATION PURPOSE: GENERAL | $70,000 |
THE LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: GENERAL | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Neighbor Society Manchester, IA | $17,383,047 | $14,618,459 |
Our Lady Of Angels Retirement Home Joliet, IL | $4,374,771 | $9,679,285 |
Mount St Joseph Lake Zurich, IL | $18,625,069 | $8,392,155 |
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
Indianapolis Center For Congregations Inc Indianapolis, IN | $32,027,513 | $626,552 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
United Methodist Village Retirement Communities Inc Godfrey, IL | $18,283,549 | $6,023,474 |