Martin J Taub & Irene M Taub Memorial Fund
- Assets
- $563.1k
- Revenue
- $37.0k
- Investments
- $545.5k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/1995
- Data as of
- 12/2023
- EIN
- 13-7075767
Organization Overview
Martin J Taub & Irene M Taub Memorial Fund is located in Chicago, IL. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martin J Taub & Irene M Taub Memorial Fund 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, Martin J Taub & Irene M Taub Memorial Fund generated $37.0k 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 (4.4%) each year. All expenses for the organization totaled $42.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,503 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,234 |
| Capital Gain Net Income | $17,234 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $245 |
| Total Revenue | $36,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,390 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $343 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $11,833 |
| Contributions, gifts, grants paid | $30,191 |
| Total expenses and disbursements | $42,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,494 |
| Savings and temporary cash investments | $11,039 |
| 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 | $34,134 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $563,061 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edgar & Lucile Schergens Foundation Inc Tell City, IN | $6,893,377 | $222,582 |
O Natalie Proctor Revocable Trust Chicago, IL | $1,227,942 | $65,568 |
B & S Lang Charitable Trust Chicago, IL | $602,316 | $48,333 |
Damian P And Marie Mccarthy Alagia Family Charitable Foundation Louisville, KY | $556,031 | $13,358 |
Martin J Taub & Irene M Taub Memorial Fund Chicago, IL | $563,061 | $36,982 |
Acorn Foundation Chicago, IL | $556,312 | -$32,928 |