The Chicago Community Trust is located in Chicago, IL. The organization was established in 1951. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2019, Chicago Community Trust employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 09/2019, Chicago Community Trust generated $564.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $370.2m during the year ending 09/2019. While expenses have increased by 10.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Chicago Community Trust has awarded 6,986 individual grants totaling $982,003,985. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES GRANTS AND OTHER RESOURCES TO IMPROVE THE COMMUNITY; ADDRESSES COMMUNITY CHALLENGES; AND PROMOTES PHILANTHROPY BY INFORMING DONORS ABOUT PHILANTHROPIC OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE F AND SCHEDULE I FOR LIST OF GRANTS MADE. SEE SCHEDULE O FOR MOST SIGNIFICANT PROGRAM ACCOMPLISHMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Helene Gayle President & CEO | Officer | 39 | $542,813 |
Antonette Irving Executive Director Get In Chicago | 40 | $283,159 | |
Carol Crenshaw Former CFO | 40 | $262,457 | |
Terry Mazany Former President & CEO | 40 | $250,000 | |
Peggy Davis VP Community Impact | Officer | 40 | $246,897 |
Jason Baxendale VP Philanthropic Services | Officer | 37 | $240,306 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Renpsg Philanthropic Solutions Group Record Keeping Services | 9/29/19 | $1,379,179 |
Northern Trust Record Keeping/advisory Services | 9/29/19 | $642,845 |
Deloitte Consulting Llp Consulting Services | 9/29/19 | $326,442 |
Bridgespan Group Inc Consulting Services | 9/29/19 | $606,666 |
Connect Search Llc Staffing Services | 9/29/19 | $309,367 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $462,263,453 |
Investment income | $58,067,123 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $45,054 |
Net Gain/Loss on Asset Sales | $41,681,852 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $564,214,027 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,061,548 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,273,166 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,896,258 |
Pension plan accruals and contributions | $363,352 |
Other employee benefits | $523,632 |
Payroll taxes | $472,598 |
Fees for services: Management | $0 |
Fees for services: Legal | $147,710 |
Fees for services: Accounting | $105,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $5,042,682 |
Fees for services: Other | $2,407,162 |
Advertising and promotion | $347,205 |
Office expenses | $557,874 |
Information technology | $723,916 |
Royalties | $0 |
Occupancy | $1,147,637 |
Travel | $121,722 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $186,622 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $392,078 |
Insurance | $85,030 |
All other expenses | $0 |
Total functional expenses | $370,211,400 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,841 |
Savings and temporary cash investments | $17,745,573 |
Pledges and grants receivable | $4,994,319 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $265,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $2,566,193,378 |
Investments—other securities | $326,651,378 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $331,551,965 |
Total assets | $3,248,271,849 |
Accounts payable and accrued expenses | $3,330,106 |
Grants payable | $19,111,938 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $37,375,147 |
Total liabilities | $59,817,191 |
Net assets without donor restrictions | $2,873,401,597 |
Net assets with donor restrictions | $268,158,082 |
Capital stock or trust principal, or current funds | $46,894,979 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $3,188,454,658 |
Over the last fiscal year, The Chicago Community Trust has awarded $335,779,945 in support to 2,507 organizations.
Grant Recipient | Amount |
---|---|
Chicago, IL PURPOSE: FUND OPERATIONS AND PROGRAMMING | $23,565,000 |
Chicago, IL PURPOSE: TO SUPPORT READI CHICAGO YEAR 2 | $13,351,733 |
Rochester, MN PURPOSE: TO SUPPORT ALZHEIMER'S RESEARCH, TO FUND ROBERT A. KYLE, M.D. HEMATOLOGIC MALIGNANCIES FUND FOR USE IN RESEARCH OF MULTIPLE MYELOMA AND TO FUND THE THOMAS AND ELIZABETH GRAINGER PROGRAM IN BIPOLAR RESEARCH THROUGH THE CENTER FOR INDIVIDUALIZED MEDICINE. | $11,501,235 |
Evanston, IL PURPOSE: TO SUPPORT THE CHICAGO BIOMEDICAL CONSORTIUM AND SEARLE LEADERSHIP FUND IN THE LIFE SCIENCES | $10,478,030 |
Monterey, CA PURPOSE: $5 MILLION FOR CONSERVATION AND SCIENCE PRORGAMS, $5 MILLION FOR CONSERVATION RESEARCH PROGRAMS | $10,000,000 |
Chicago, IL PURPOSE: IMPLEMENT COMMUNITIES PARTNERSHIP 4 PEACE (CP4P) | $7,808,361 |
Over the last fiscal year, we have identified 16 grants that The Chicago Community Trust has recieved totaling $640,462.
Awarding Organization | Amount |
---|---|
Stuart And Benjamin Abelson Foundation Tr Chicago, IL PURPOSE: GENERAL | $150,000 |
Stuart And Benjamin Abelson Foundation Tr Chicago, IL PURPOSE: GENERAL | $150,000 |
James Mills Charitable Foundation Northfield, IL PURPOSE: COVID RELIEF | $125,000 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: HUMAN SERVICES | $100,000 |
Kaufman Family Foundation Kenilworth, IL PURPOSE: GENERAL SUPPORT | $25,000 |
Heizer Foundation Lake Forest, IL PURPOSE: NEIGHBORHOOD ENTREPRENEURSHIP LAB | $20,000 |
Beg. Balance | $1,259,741,022 |
Earnings | $16,370,066 |
Admin Expense | $11,315,581 |
Net Contributions | $9,584,921 |
Grants | $33,377,849 |
Ending Balance | $1,241,002,579 |
Organization Name | Assets | Revenue |
---|---|---|
The Chicago Community Trust Chicago, IL | $3,248,271,849 | $564,214,027 |
Greater Kansas City Community Foundation Kansas City, MO | $2,031,283,294 | $372,296,655 |
Mount Sinai Community Foundation Chicago, IL | $8,999,934 | $127,323,410 |
St Louis Community Foundation Incorporated St Louis, MO | $404,378,232 | $92,826,893 |
Community Fdn Of Greater Des Moines Des Moines, IA | $568,345,510 | $97,760,217 |
The Community Foundation Of Louisville Inc Louisville, KY | $509,922,111 | $119,319,181 |
Community Foundation Of Elkhart County Inc Elkhart, IN | $314,805,317 | $47,812,553 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $146,536,732 | $45,114,463 |
Central Indiana Community Foundation Inc Indianapolis, IN | $447,971,651 | $78,063,459 |
Elks National Foundation Inc Chicago, IL | $756,361,026 | $43,379,037 |
Community Foundation Of The Ozarks Inc Springfield, MO | $310,173,310 | $59,095,239 |