John Shields Jr Trust Fbo Bessie Shields Foundation 89359-00-4
- Assets
- $923.6k
- Revenue
- $51.9k
- Investments
- $900.7k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1977
- Data as of
- 12/2023
- EIN
- 25-1380543
Organization Overview
John Shields Jr Trust Fbo Bessie Shields Foundation 89359-00-4 is located in Chicago, IL. The organization was established in 1977. 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. John Shields Jr Trust Fbo Bessie Shields Foundation 89359-00-4 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, John Shields Jr Trust Fbo Bessie Shields Foundation 89359-00-4 generated $51.9k 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 (3.2%) each year. All expenses for the organization totaled $66.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, John Shields Jr Trust Fbo Bessie Shields Foundation 89359-00-4 has awarded 51 individual grants totaling $300,328. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,970 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,195 |
| Capital Gain Net Income | $21,195 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $734 |
| Total Revenue | $51,899 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,843 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $840 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $13,698 |
| Contributions, gifts, grants paid | $53,203 |
| Total expenses and disbursements | $66,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,214 |
| Savings and temporary cash investments | $11,636 |
| 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 | $61,897 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $923,563 |
| 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, John Shields Jr Trust Fbo Bessie Shields Foundation 89359-00-4 has awarded $53,203 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
STEPHEN SILLER TUNNEL TO TOWERS FOUNDATI PURPOSE: GENERAL | $17,734 |
AMERICAN SOCIETY FOR THE PREVENTION OF PURPOSE: GENERAL | $4,000 |
MICHAEL J FOX FOUNDATION FOR PURPOSE: GENERAL | $6,000 |
CHICAGO BOTANIC GARDEN PURPOSE: GENERAL | $3,469 |
AMERICAN CANCER SOCIETY INC PURPOSE: GENERAL | $5,000 |
FIELD MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL | $7,000 |