Trends Charitable Fund
- Assets
- $155.6k
- Revenue
- $642.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 86-0826428
Organization Overview
Trends Charitable Fund is located in Scottsdale, AZ. The organization was established in 1996. 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. Trends Charitable Fund 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, Trends Charitable Fund generated $642.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $545.1k during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE TRENDS CHARITABLE FUND IS TO SUPPORT CHARITIES THAT PROVIDE POSITIVE ASSISTANCE FOR WOMEN, FAMILIES AND CHILDRED
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH YEAR THE TCF BOARD OF DIRECTORS GRANTS FUNDS TO CHARITIES THAT MEET THE TCF MISSION. ITS PRIORITIES ARE AGENCIES BASED IN AND SERVICING THE METROPOLITAN PHOENIX AREA THAT EXHIBIT A TRUE NEED FOR FUNDS AND PUBLIC AWARENESS. FUNDS TO SUPPORT THESE PROGRAMS ARE GENERATED BY THE TCF ANNUAL LUNCHEON. DURING THIS GRANT CYCLE, ONE GRANT WAS AWARDED TO ONE AGENCY THAT MET THE CRITERIA THAT POSITIVELY IMPACT WOMEN, CHILDREN AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Stockley Vice President | OfficerTrustee | 3 | $0 |
Lee Courtney Treasurer | OfficerTrustee | 12 | $0 |
Susie Wesley President | OfficerTrustee | 3 | $0 |
Marilyn Alexander Secretary | OfficerTrustee | 6 | $0 |
Charlene Berge-Blum Director | Trustee | 2 | $0 |
Carol Cook Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $766,877 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $79,800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $766,877 |
| Total Program Service Revenue | $0 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$124,438 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $642,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $15,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,250 |
| Office expenses | $644 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,139 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $467 |
| Insurance | $1,492 |
| All other expenses | $0 |
| Total functional expenses | $545,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,745 |
| Savings and temporary cash investments | $50,002 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,809 |
| Other assets | $5,000 |
| Total assets | $155,556 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $155,556 |
| Total liabilities and net assets/fund balances | $155,556 |
Grants Awarded
Over the last fiscal year, Trends Charitable Fund has awarded $450,161 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Phoenix, AZ PURPOSE: Program Support | $275,761 |
Tempe, AZ PURPOSE: Program Support | $64,400 |
Mesa, AZ PURPOSE: Program Support | $35,000 |
Phoenix, AZ PURPOSE: Program Support | $25,000 |
Phoenix, AZ PURPOSE: Program Support | $25,000 |
Phoenix, AZ PURPOSE: Program Support | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Trends Charitable Fund has recieved totaling $161,750.
| Awarding Organization | Amount |
|---|---|
Stephenson Family Foundation Schaumburg, IL PURPOSE: GENERAL CONTRIBUTION | $80,000 |
Ellen Glazer Ziegler Foundation Paradise Valley, AZ PURPOSE: AN EVENING OF TRENDS GALA SPONSORSHIP | $25,000 |
Herberger Foundation Scottsdale, AZ PURPOSE: PROVIDE SUPPORT TO ORGANIZATIONS THAT POSITIVELY IMPACT WOMEN, CHILDREN, AND THEIR FAMILIES | $15,000 |
K2 Adventures Foundation Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $11,000 |
Moreno Family Foundation Phoenix, AZ PURPOSE: COMMUNITY | $10,000 |
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Foundation Of San Diego San Diego, CA | $448,399,166 | $106,011,475 |
Valley Of The Sun United Way Phoenix, AZ | $104,098,931 | $79,942,536 |
Orange Countys United Way Irvine, CA | $28,387,789 | $67,720,545 |
Entertainment Industry Foundation Los Angeles, CA | $110,994,468 | $64,821,214 |
Jewish Federation Council Of Greater Los Angeles Los Angeles, CA | $190,865,704 | $43,794,151 |
United Way Inc Los Angeles, CA | $90,203,286 | $68,762,414 |
Opportunity Village Foundation Las Vegas, NV | $82,150,112 | $9,952,519 |
Mile High United Way Inc Denver, CO | $62,814,897 | $36,182,511 |
The New Horizons Foundation Inc Colorado Springs, CO | $90,565,468 | $42,722,124 |
Inland Southern California United Way Rancho Cucamonga, CA | $4,994,163 | $30,713,140 |
Daughters Of Charity Foundation Los Angeles, CA | $457,947,598 | $21,458,667 |
United Way Of The Bay Area San Francisco, CA | $48,210,343 | $41,978,143 |