Arthur L Fogleman Trust

Organization Overview

Arthur L Fogleman Trust is located in Litchfield, IL. The organization was established in 1993. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Arthur L Fogleman 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, Arthur L Fogleman Trust generated $204.9k 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 (7.2%) each year. All expenses for the organization totaled $211.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATIONAL SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING 2021, THE TRUST AWARDED SCHOLARSHIPS IN THE AMOUNT OF $3,000 EACH TO 65 GRADUATES OF LITCHFIELD HIGH SCHOOL.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $27,552
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $177,086
Net Gain/Loss on Asset Sales -$24
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $204,896

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