Polk County And Bolivar Charitable Trust
- Assets
- $4.2m
- Revenue
- $760.8k
- Investments
- $4.0m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1987
- Data as of
- 12/2021
- EIN
- 94-3025701
Organization Overview
Polk County And Bolivar Charitable Trust is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Polk County And Bolivar 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 12/2021, Polk County And Bolivar Charitable Trust generated $760.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $287.6k during the year ending 12/2021. While expenses have increased by 0.9% 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.
Since 2017, Polk County And Bolivar Charitable Trust has awarded 80 individual grants totaling $1,046,552. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR THE CITY GOVT OF BOLIVAR, MO, COUNTY GOVT OF POLK COUNTY, MISSOURI AND ALL SCHOOL DISTRICTS OF POLK COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING INCOME FOR THE GOVERNMENTAL AND TAX-EXEMPT ORGANIZATION MENTIONED ABOVE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kaetjens Nunez Philanthropic Officer | Trustee | 2 | $0 |
Bill Braswell Director | Trustee | 2 | $0 |
Stacy Butterfield Director | Trustee | 2 | $0 |
Paula Hubbert Director | Trustee | 2 | $0 |
Chris Warwick Director | Trustee | 2 | $0 |
Name Not Listed Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| 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 | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $60,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $136,032 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $760,753 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $226,724 |
| 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 | $47,166 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $287,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,436 |
| Savings and temporary cash investments | $0 |
| 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 | $4,001,663 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,199 |
| Total assets | $4,175,298 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $226,724 |
| 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 | $226,724 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $3,948,574 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,175,298 |
Grants Awarded
Over the last fiscal year, Polk County And Bolivar Charitable Trust has awarded $219,680 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BOLIVAR R-I SCHOOL DISTRICT PURPOSE: GENERAL OPERATIONS | $50,463 |
POLK COUNTY COMMISSION PURPOSE: GENERAL OPERATIONS | $45,345 |
CITY OF BOLIVAR (POLICE FIRE WS) PURPOSE: GENERAL OPERATIONS | $29,474 |
PLEASANT HOPE R-VI SCHOOL DISTRICT PURPOSE: GENERAL OPERATIONS | $12,606 |
MARION C EARLY R-V SCHOOL DISTRICT PURPOSE: GENERAL OPERATIONS | $9,308 |
Springfield, MO PURPOSE: GENERAL OPERATIONS | $9,069 |
Endowment Analysis
| Beg. Balance | $3,690,382 |
| Earnings | $545,777 |
| Grants | $287,585 |
| Ending Balance | $3,948,574 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Herschend Family Entertainment Corporation Beneficiary Trust Branson, MO | $4,577,294 | $15,681,690 |
Allergan Foundation North Chicago, IL | $0 | $22,638,597 |
The Global Orphan Project Inc Kansas City, MO | $12,087,754 | $16,385,536 |
W N Reynolds Residuary Tr Nect Chicago, IL | $153,008,234 | $7,259,404 |
William F Vilas Estate Oregon, WI | $133,759,429 | $14,905,447 |
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Yung Family Foundation The Crestview Hills, KY | $4,438,622 | $34,262 |