Edward Valintis Charitable Trust
- Assets
- $359.8k
- Revenue
- $44.6k
- Investments
- $297.8k
- Employees
- 0
- Location
- Burr Ridge, IL
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 45-2425137
Organization Overview
Edward Valintis Charitable Trust is located in Burr Ridge, IL. The organization was established in 2013. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Edward Valintis 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, Edward Valintis Charitable Trust generated $44.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $69.7k during the year ending 12/2023. While expenses have increased by 4.9% 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEPAUL UNIVERSITY
COLLEGE OF DUPAGE
JOLIET JR. COLLEGE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,136 |
| Dividends & Interest | $14,349 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,068 |
| Capital Gain Net Income | $28,068 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,553 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $880 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,730 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $69,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,946 |
| Savings and temporary cash investments | $0 |
| 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 | $33,626 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $359,767 |
| 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, Edward Valintis Charitable Trust has awarded $55,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF DUPAGE FOUNDATION PURPOSE: SCHOLARSHIP | $15,000 |
JOLIET COLLEGE FOUNDATION PURPOSE: SCHOLARSHIP | $15,000 |
DEPAUL UNIVERSITY PURPOSE: SCHOLARSHIP | $25,000 |