Caris Charitable Trust Ii is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Caris Charitable Trust Ii 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, Caris Charitable Trust Ii generated $7.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Caris Charitable Trust Ii has awarded 33 individual grants totaling $9,535,963. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Northern Trust Company Trustee | 40 | $206,869 | |
Catherine Ann Caris Director | 1 | $149,546 | |
Sherry Cowan Director | 1 | $149,546 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Catherine Ann Caris | 12/30/20 | $130,160 |
Sherry Cowan | 12/30/20 | $125,656 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $4,954,688 |
Interest on Savings | $0 |
Dividends & Interest | $946,682 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,541,514 |
Capital Gain Net Income | $1,541,514 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $7,442,884 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $419,839 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $10,813 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $302 |
Total operating and administrative expenses | $466,598 |
Contributions, gifts, grants paid | $2,856,635 |
Total expenses and disbursements | $3,323,233 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $870,562 |
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 | $4,747,858 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $34,885,033 |
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, Caris Charitable Trust Ii has awarded $2,501,497 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
PAYSON UNIFIED SCHOOL DISTRICT PURPOSE: GENERAL | $204,089 |
ARIZONA STATE UNIVERSITY FOUNDATION PURPOSE: GENERAL | $250,740 |
EASTERN ARIZONA COLLEGE PURPOSE: 2020 GIFT STEM PROGRAM | $128,168 |
ELEVATE TUTORING PURPOSE: GENERAL | $25,000 |
SOCIETY FOR SCIENCE & THE PUBLIC PURPOSE: GENERAL | $250,000 |
SPARKSHOP PURPOSE: GENERAL | $5,000 |