Trott Family Foundation
- Assets
- $0.0
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1998
- Data as of
- 06/2021
- EIN
- 13-3919816
Organization Overview
Trott Family Foundation is located in Chicago, IL. The organization was established in 1998. 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. Trott Family Foundation 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 06/2021, Trott Family Foundation generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $34.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Trott Family Foundation has awarded 282 individual grants totaling $73,817,836. 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 |
|---|---|---|---|
Byron D Trott Trustee/part Time | 0 | $0 | |
Tina L Trott Trustee/part Time | 0 | $0 | |
Kimbeth Coventry Executive Director | 40 | $132,170 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $257 |
| Dividends & Interest | $35,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $314,483 |
| Total Revenue | $2,395,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,170 |
| Pension plans, employee benefits | $4,881 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $258,994 |
| Contributions, gifts, grants paid | $33,984,712 |
| Total expenses and disbursements | $34,243,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Trott Family Foundation has awarded $33,984,712 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL MATTERS PURPOSE: 2020 GALA SUPPORT | $10,000 |
CARON TREATMENT CENTERS PURPOSE: RECOVERY FOR LIFE CELEBRATION | $50,000 |
CENTER FOR STRATEGIC INTERNATIONAL STUDIE PURPOSE: 2020 ANNUAL FUND | $275,000 |
COMMUNITY FOUNDATION OF THE OZARKS PURPOSE: DAVID W. TROTT SCHOLARSHIP | $10,675 |
ERIKA'S LIGHTHOUSE PURPOSE: UNRESTRICTED CHARITABLE GIFT | $5,000 |
CLEVELAND CLINIC FOUNDATION PURPOSE: COSGROVE TRANSFORMATION CAMPAIGN | $200,000 |