Renate Hans And Maria Hofmann Trust is located in Chicago, IL. The organization was established in 1997. 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. Renate Hans And Maria Hofmann Trust 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 06/2022, Renate Hans And Maria Hofmann Trust generated $3.1m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $3.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Renate Hans And Maria Hofmann Trust has awarded 36 individual grants totaling $9,038,866. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Co-Trustee | 40 | $314,414 | |
Patricia A Gallagher ESQ Trustee | 10 | $192,078 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $1,382,494 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,716,749 |
Capital Gain Net Income | $1,716,749 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $6,801 |
Total Revenue | $3,106,044 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $506,492 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $131,020 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $185,065 |
Total operating and administrative expenses | $963,109 |
Contributions, gifts, grants paid | $2,000,000 |
Total expenses and disbursements | $2,963,109 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $268,977 |
Savings and temporary cash investments | $397,681 |
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 | $14,558 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $36,608,518 |
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, Renate Hans And Maria Hofmann Trust has awarded $2,000,000 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
LEVITICUS 2523 ALTERNATE FUND INC PURPOSE: GENERAL | $150,000 |
NMCDA DBA DAVIDSON-CORNELIUS CHILD DEVEL PURPOSE: GENERAL | $50,000 |
FOUNTAIN HOUSE INC PURPOSE: GENERAL | $100,000 |
GRAHAM WINDHAM PURPOSE: GENERAL | $125,000 |
HENRY STREET SETTLEMENT PURPOSE: GENERAL | $125,000 |
BATTERY DANCE CORPORATION PURPOSE: GENERAL | $100,000 |