Clyde D Ford Trust
- Assets
- $41.3k
- Revenue
- $5.2k
- Investments
- $39.2k
- Employees
- 0
- Location
- Geneseo, IL
- Founding
- 07/1983
- Data as of
- 10/2023
- EIN
- 36-3224975
Organization Overview
Clyde D Ford Trust is located in Geneseo, IL. The organization was established in 1983. 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. Clyde D Ford 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 10/2023, Clyde D Ford Trust generated $5.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $4.3k during the year ending 10/2023. While expenses have increased by 6.0% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas W Ford Trustee | 1 | $0 | |
Michael Ford Trustee | 1 | $0 | |
Eric Ford Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,167 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,167 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $466 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $466 |
| Contributions, gifts, grants paid | $3,864 |
| Total expenses and disbursements | $4,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,093 |
| 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 | $41,301 |
| 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, Clyde D Ford Trust has awarded $3,864 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
GENESEO FFA PURPOSE: PROMOTE FFA AND AGRICULTURE | $250 |
GENESEO HIGH SCHOOL PURPOSE: FUNDS TO PROMOTE HIGH SCHOOL PLAY | $300 |
GENESEO KIWANIS CLUB PURPOSE: FUNDS FOR BOWLING FUNDRAISER | $110 |
SOL LEGACY HORSE MIN PURPOSE: FUNDS FOR HANDICAP HORSE RIDING | $250 |
GENESEO YOUTH FOOTBALL PURPOSE: FUNDS FOR YOUTH FOOTBALL PROGRAMS | $100 |
GENESEO GIRL SCOUTS PURPOSE: DONATION TO HELP WITH COOKIE SALES | $129 |