Kate M Marsh Trust is located in Chicago, IL. The organization was established in 1974. 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. Kate M Marsh 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 08/2024, Kate M Marsh Trust generated $62.2k 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 (3.7%) each year. All expenses for the organization totaled $72.5k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $45,592 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,586 |
| Capital Gain Net Income | $16,586 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $984 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,093 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $3,327 |
| Contributions, gifts, grants paid | $69,204 |
| Total expenses and disbursements | $72,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,227 |
| Savings and temporary cash investments | $14,068 |
| 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 | $75,164 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,233,313 |
| 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, Kate M Marsh Trust has awarded $69,204 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST PAUL'S EPISCOPAL CHURCH PURPOSE: GENERAL | $46,136 |
COMMUNITY FREE LIBRARY PURPOSE: GENERAL | $23,068 |