Edwin J Hoffritz Tr Uw Article Seventh
- Assets
- $13.9m
- Revenue
- $951.8k
- Investments
- $13.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1976
- Data as of
- 12/2023
- EIN
- 13-6655406
Organization Overview
Edwin J Hoffritz Tr Uw Article Seventh is located in Chicago, IL. The organization was established in 1976. 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. Edwin J Hoffritz Tr Uw Article Seventh 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 12/2023, Edwin J Hoffritz Tr Uw Article Seventh generated $951.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Edwin J Hoffritz Tr Uw Article Seventh has awarded 51 individual grants totaling $3,245,500. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $472,706 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $479,082 |
| Capital Gain Net Income | $479,082 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $951,788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $163,939 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,048 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $188,737 |
| Contributions, gifts, grants paid | $1,010,500 |
| Total expenses and disbursements | $1,199,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,962 |
| Savings and temporary cash investments | $388,596 |
| 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 | $907,537 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,866,687 |
| 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, Edwin J Hoffritz Tr Uw Article Seventh has awarded $1,010,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL MULTIPLE SCLEROSIS PURPOSE: GENERAL CHARITABLE PURPOSES | $55,000 |
HELEN KELLER SERVICES FOR THE BLIND PURPOSE: GENERAL CHARITABLE PURPOSES | $70,500 |
NORTHWELL HEALTH FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $175,000 |
ALZHEIMER'S DISEASE AND RELATED DISORDER PURPOSE: GENERAL CHARITABLE PURPOSES | $55,000 |
NEW ALTERNATIVES FOR CHILDREN INC PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
ALS UNITED GREATER NEW YORK PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |