Sycamore Charities Inc is located in Sycamore, IL. The organization was established in 1947. 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. Sycamore Charities Inc 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 11/2021, Sycamore Charities Inc generated $281.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 47.7% each year . All expenses for the organization totaled $1.3m during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sycamore Charities Inc has awarded 34 individual grants totaling $1,353,161. 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 |
|---|---|---|---|
First Midwest Bank Agent | 40 | $16,513 | |
John H Boies Sec/treas | 40 | $0 | |
Michael A Cullen President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,948 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $261,904 |
| Capital Gain Net Income | $261,904 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $281,852 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,513 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,976 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,889 |
| Contributions, gifts, grants paid | $1,285,661 |
| Total expenses and disbursements | $1,305,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Sycamore Charities Inc has awarded $1,285,661 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
SAFE PASSAGE INC PURPOSE: GRANT | $166,452 |
HOPE HAVEN OF DEKALB CNTY PURPOSE: GRANT | $166,452 |
OPPORTUNITY HOUSE INC PURPOSE: GRANT | $7,000 |
FAMILY SERVICE AGENCY PURPOSE: DISTRIBUTION FOR FY 2014 | $148,451 |
CASA DEKALB COUNTY INC PURPOSE: GRANT | $156,451 |
DEKALB CNTY HISTORY CENTER PURPOSE: GRANT | $153,451 |