Frank And Edith@catt Educational Fund In Trust
- Assets
- $8.6m
- Revenue
- $342.1k
- Investments
- $6.7m
- Employees
- 0
- Location
- Jerseyville, IL
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 37-6352751
Organization Overview
Frank And Edith@catt Educational Fund In Trust is located in Jerseyville, IL. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Frank And Edith@catt Educational Fund In 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, Frank And Edith@catt Educational Fund In Trust generated $342.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $217.5k during the year ending 12/2021. While expenses have increased by 11.1% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND GRANTS ARE PROVIDED TO HIGH SCHOOL GRADUATES OF JERSEY COUNTY IL. 63 JERSEY COUNTY GRADUATES RECEIVED SCHOLARSHIP AND GRANTS RANGING FROM $3,000 - $6,000 IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Tuttle Superintendent Trustee | 1 | $0 | |
Cory Breden Principal Trustee | 1 | $0 | |
Mark Schaefer Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $354 |
| Dividends & Interest | $114,706 |
| Net Rental Income | $73,160 |
| Net Gain on Sale of Assets | $94,415 |
| Capital Gain Net Income | $94,415 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $342,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,555 |
| Depreciation | $2,586 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,263 |
| Total operating and administrative expenses | $145,549 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $217,549 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $605 |
| Savings and temporary cash investments | $753,788 |
| 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 | $1,159,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,873,101 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,628,322 |
| 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 |
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Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |