Virginia H Glasson Charitable Trust
- Assets
- $860.8k
- Revenue
- $38.1k
- Investments
- $853.1k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/1996
- Data as of
- 08/2022
- EIN
- 39-6605306
Organization Overview
Virginia H Glasson Charitable Trust is located in Chicago, IL. The organization was established in 1996. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia H Glasson 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 08/2022, Virginia H Glasson Charitable Trust generated $38.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $75.5k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Virginia H Glasson Charitable Trust has awarded 29 individual grants totaling $156,750. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $34,350 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,766 |
| Capital Gain Net Income | $3,766 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,116 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $19,846 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,697 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,543 |
| Contributions, gifts, grants paid | $54,000 |
| Total expenses and disbursements | $75,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284 |
| Savings and temporary cash investments | $7,431 |
| 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 | $51,839 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $860,813 |
| 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, Virginia H Glasson Charitable Trust has awarded $54,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Branson, MO PURPOSE: GENERAL | $8,000 |
Lawrenceville, GA PURPOSE: GENERAL | $7,000 |
Boone, NC PURPOSE: GENERAL | $7,000 |
AMERICAN CENTER FOR LAW AND JUSTICE PURPOSE: GENERAL | $5,000 |
Valencia, CA PURPOSE: GENERAL | $5,000 |
AMERICAN RED CROSS PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Renaissance Social Services Inc Chicago, IL | $2,138,317 | $6,632,596 |
National Council Of The United States Society Of St Vincent De Pa Maryland Heights, MO | $13,687,159 | $9,469,574 |
Hamdard Center For Health And Human Services Nfp Addison, IL | $4,418,541 | $7,412,868 |
Community Memorial Foundation Hinsdale, IL | $100,177,205 | $2,649,104 |
Korean-American Senior Center Inc Chicago, IL | $3,306,753 | $5,703,474 |
Make-A-Wish Foundation Of Missouri And Kansas Ballwin, MO | $7,006,477 | $5,966,300 |
Nurses For Newborns Maplewood, MO | $4,515,132 | $4,457,590 |
On My Own Inc Nevada, MO | $3,816,358 | $3,622,772 |
Coordinated Advice And Referral Program For Legal Services Chicago, IL | $2,874,944 | $4,385,388 |
Illinois Child Care Bureau Chicago, IL | $364,682 | $4,111,886 |
After The Harvest Kansas City, MO | $781,454 | $3,296,471 |
Wisconsin Communty Action Program Association Incorporated Madison, WI | $526,927 | $3,675,578 |