Vernon G Goelzer Trust is located in Chicago, IL. The organization was established in 1994. 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. Vernon G Goelzer 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 05/2023, Vernon G Goelzer Trust generated $30.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $45.7k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Vernon G Goelzer Trust has awarded 12 individual grants totaling $125,945. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $23,649 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $6,793 |
Capital Gain Net Income | $6,793 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $28 |
Total Revenue | $30,470 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $11,408 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $410 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $11,818 |
Contributions, gifts, grants paid | $33,918 |
Total expenses and disbursements | $45,736 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $379 |
Savings and temporary cash investments | $4,877 |
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 | $33,643 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $565,676 |
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 |
Over the last fiscal year, Vernon G Goelzer Trust has awarded $33,918 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
UW SYSTEM TRUST FUNDS PURPOSE: GENERAL | $11,306 |
LAWRENCE UNIVERSITY OF WISCONSIN PURPOSE: GENERAL | $11,306 |
CEDAR CREST INC PURPOSE: GENERAL | $11,306 |