Emerson Elec Charitable Trust

Organization Overview

Emerson Elec Charitable Trust is located in Po Box Chica, IL. The organization was established in 1978. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Emerson Elec 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 09/2023, Emerson Elec Charitable Trust generated $20.8m 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 (11.4%) each year. All expenses for the organization totaled $19.3m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

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Board, Officers & Key Employees

Name (title)Compensation
Northern Trust Company
Trustee
$8,425
Emerson Electric
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $12,000,000
Interest on Savings $0
Dividends & Interest $361,173
Net Rental Income$0
Net Gain on Sale of Assets $8,439,769
Capital Gain Net Income $8,439,769
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $20,800,942

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