Augustus & Jennie D Hoffman Fdn Ch Lin Ft Bank Na
- Assets
- $754.8k
- Revenue
- $39.5k
- Investments
- $535.0k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 11/1954
- Data as of
- 12/2023
- EIN
- 16-6014973
Organization Overview
Augustus & Jennie D Hoffman Fdn Ch Lin Ft Bank Na is located in Chicago, IL. The organization was established in 1954. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Augustus & Jennie D Hoffman Fdn Ch Lin Ft Bank Na 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, Augustus & Jennie D Hoffman Fdn Ch Lin Ft Bank Na generated $39.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $35.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE HOFFMAN MUSEUM, NEWARK, NY
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,915 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,413 |
| Capital Gain Net Income | $20,413 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $210 |
| Total Revenue | $39,538 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $11,350 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $342 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,103 |
| Total operating and administrative expenses | $35,795 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $35,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,295 |
| Savings and temporary cash investments | $10,703 |
| 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 | $33,265 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $201,821 |
| Total assets | $754,832 |
| 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, Augustus & Jennie D Hoffman Fdn Ch Lin Ft Bank Na has awarded $14,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LYONS HERITAGE SOCIETY PURPOSE: GENERAL | $2,000 |
NEWARK-ARCADIA HISTORICAL SOCIETY PURPOSE: GENERAL | $500 |
TOWN OF SODUS HISTORICAL SOCIETY PURPOSE: GENERAL | $2,000 |
WAYNE COUNTY HISTORICAL SOCIETY INC PURPOSE: GENERAL | $2,900 |
WILLIAMSON-PULTNEYVILLE HISTORICAL PURPOSE: GENERAL | $1,900 |
SODUS BAY HISTORICAL SOCIETY PURPOSE: GENERAL | $2,000 |