The@eric And Joan Norgaard Charitable Trust
- Assets
- $2.6m
- Revenue
- $78.1k
- Investments
- $1.4m
- Employees
- 0
- Location
- Crystal Lake, IL
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 36-7386936
Organization Overview
The@eric And Joan Norgaard Charitable Trust is located in Crystal Lake, IL. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. The@eric And Joan Norgaard 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 12/2023, The@eric And Joan Norgaard Charitable Trust generated $78.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $191.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, The@eric And Joan Norgaard Charitable Trust has awarded 152 individual grants totaling $595,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $37,000 |
| Interest on Savings | $41,079 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,079 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,795 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $223 |
| Total operating and administrative expenses | $43,018 |
| Contributions, gifts, grants paid | $148,500 |
| Total expenses and disbursements | $191,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,167,864 |
| 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 | $2,093 |
| Total assets | $2,618,548 |
| 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@eric And Joan Norgaard Charitable Trust has awarded $148,500 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN WILDLIFE FOUNDATION PURPOSE: PROVIDE FUNDS TO HELP ENSURE THE CONTINUED EXISTENCE OF SOME OF AFRICA'S MOST RARE AND TREASURED SPECIES. | $4,000 |
AMERICAN BIRD CONSERVANCY PURPOSE: PROVIDE FUNDS TO HELP CONSERVE WILD BIRDS AND THEIR HABITATS THROUGHOUT THE AMERICAS. | $2,000 |
ANIMAL LEGAL DEFENSE FUND PURPOSE: PROVIDE FUNDS TO HELP PROTECT THE LIVES AND ADVANCE THE INTERESTS OF ANIMALS THROUGH THE LEGAL SYSTEM. | $3,000 |
AMERICAN KIDNEY FUND PURPOSE: PROVIDE FUNDS FOR FINANCIAL ASSISTANCE TO DIALYSIS AND KIDNEY TRANSPLANT PATIENTS AND LIVING KIDNEY DONORS. | $18,000 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: PROVIDE FUNDS TO HELP CARE FOR HOMELESS AND ABANDONED PETS. | $5,000 |
CANINE ASSISTANTS PURPOSE: PROVIDE FUNDS TO HELP TRAIN AND PROVIDE SERVICE DOGS FOR CHILDREN AND ADULTS WITH PHYSICAL DISABILITIES OR OTHER SPECIAL NEEDS. | $5,000 |