Trott Family Philanthropies Inc
- Assets
- $83.9m
- Revenue
- $79.5m
- Investments
- $47.1m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 85-3003942
Organization Overview
Trott Family Philanthropies Inc is located in Chicago, IL. 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. Trott Family Philanthropies Inc 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 12/2022, Trott Family Philanthropies Inc generated $79.5m in total revenue.
Since 2021, Trott Family Philanthropies Inc has awarded 86 individual grants totaling $18,070,848. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimbeth Coventry Executive Director | 26 | $155,838 | |
Byron Trott President | 0 | $0 | |
Megan Trott Secretary | 0 | $0 | |
David Trott Treasurer | 0 | $0 | |
Tina Trott Director | 0 | $0 | |
Abby Trott Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robbins And Associates Llc | 12/30/22 | $64,048 |
Tlt Family Office Llc | 12/30/22 | $171,445 |
Patterson Belknap Webb & Tyler Llp | 12/30/22 | $36,888 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $77,078,483 |
| Interest on Savings | $0 |
| Dividends & Interest | $882,085 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,500,665 |
| Capital Gain Net Income | $22,496,549 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $62,535 |
| Total Revenue | $79,523,768 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $155,838 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,245 |
| Interest | $33,832 |
| Taxes | $358,965 |
| Depreciation | $0 |
| Occupancy | $972 |
| Travel, conferences, and meetings | $2,820 |
| Printing and publications | $0 |
| Other expenses | $4,551 |
| Total operating and administrative expenses | $665,168 |
| Contributions, gifts, grants paid | $9,943,383 |
| Total expenses and disbursements | $10,608,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,760,823 |
| Savings and temporary cash investments | $35,015,755 |
| 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 | $6,857,527 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $83,869,851 |
| 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, Trott Family Philanthropies Inc has awarded $9,943,383 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
BROWN UNIVERSITY PURPOSE: STARS COLLEGE NETWORK PROGRAM | $200,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: STARS COLLEGE NETWORK PROGRAM | $200,000 |
CARE INC PURPOSE: IMPACT AWARDS | $50,000 |
CASE WESTERN RESERVE UNIVERSITY PURPOSE: STARS COLLEGE NETWORK PROGRAM | $200,000 |
CIA OFFICERS MEMORIAL FOUNDATION PURPOSE: UNRESTRICTED SUPPORT | $10,000 |
CENTER STRATEGIC INTERNATIONAL STUDIES PURPOSE: UNRESTRICTED SUPPORT | $75,000 |