B H Homan Jr Tr Pt 15583 is located in Chicago, IL. The organization was established in 1978. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. B H Homan Jr Tr Pt 15583 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 05/2023, B H Homan Jr Tr Pt 15583 generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.7m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, B H Homan Jr Tr Pt 15583 has awarded 36 individual grants totaling $7,070,850. 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 | $784,744 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,111,072 |
| Capital Gain Net Income | $1,111,072 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,895,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $240,938 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,761 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $274,449 |
| Contributions, gifts, grants paid | $1,398,000 |
| Total expenses and disbursements | $1,672,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,767 |
| Savings and temporary cash investments | $238,072 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,777,487 |
| 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, B H Homan Jr Tr Pt 15583 has awarded $1,398,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NEW YORK MEDICAL COLLEGE PURPOSE: GENERAL | $233,000 |
COLUMBIA UNIVERSITY VAGELOS COLLEGE PURPOSE: GENERAL | $233,000 |
NEW YORK UNIVERSITY PURPOSE: GENERAL | $233,000 |
MOUNT SINAI SCHOOL OF MEDICINE PURPOSE: GENERAL | $233,000 |
WEILL CORNELL MEDICAL COLLEGE PURPOSE: GENERAL | $233,000 |
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: GENERAL | $233,000 |