George A Gaston Charitable Trust Pt 13008 is located in Chicago, IL. The organization was established in 1969. 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. George A Gaston Charitable Trust Pt 13008 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 07/2024, George A Gaston Charitable Trust Pt 13008 generated $351.2k 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 (4.1%) each year. All expenses for the organization totaled $510.5k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, George A Gaston Charitable Trust Pt 13008 has awarded 74 individual grants totaling $2,294,993. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $257,254 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,928 |
| Capital Gain Net Income | $93,928 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $351,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,296 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $99,863 |
| Contributions, gifts, grants paid | $410,673 |
| Total expenses and disbursements | $510,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,749 |
| Savings and temporary cash investments | $191,209 |
| 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 | $505,127 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,890,493 |
| 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, George A Gaston Charitable Trust Pt 13008 has awarded $410,673 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE BOARD OF PENSIONS PURPOSE: GENERAL | $82,134 |
UNITED HOSPITAL FUND OF NY PURPOSE: GENERAL | $20,534 |
NORTHWELL HEALTH FOUNDATION PURPOSE: GENERAL | $20,534 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL | $20,534 |
THE SALVATION ARMY PURPOSE: GENERAL | $20,534 |
JOHNSON C SMITH UNIVERSITY PURPOSE: GENERAAL | $41,067 |