Columbias Chester Kuttner Foundation is located in Hinsdale, IL. The organization was established in 1994. 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. Columbias Chester Kuttner Foundation 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, Columbias Chester Kuttner Foundation generated $20.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $1.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
JUNIOR PROGRAM SAILING SCHOLARSHIPS AND TRANSPORTATION.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Mary Izzo Director | 1 | $0 | |
| Gerald H Thomas President/director | 1 | $0 | |
| Thomas C Taylor Treasurer/director | 1 | $0 | |
| William Bartz Director | 1 | $0 | |
| John Sheehan Director | 1 | $0 | |
| Peter Kuttner Director | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,220 | 
| Interest on Savings | $5 | 
| Dividends & Interest | $0 | 
| 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 | $20,225 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $115 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $566 | 
| Total operating and administrative expenses | $1,756 | 
| Contributions, gifts, grants paid | $0 | 
| Total expenses and disbursements | $1,756 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,366 | 
| Savings and temporary cash investments | $55,272 | 
| 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 | $185 | 
| Total assets | $82,823 | 
| 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, Columbias Chester Kuttner Foundation has awarded $5,944 in support to 4 organizations.
| Grant Recipient | Amount | 
|---|---|
| ASA HARRIS PURPOSE: SAILING INSTRUCTION | $1,486 | 
| OLIVIA COLQUITT PURPOSE: SAILING INSTRUCTION | $1,486 | 
| ELIAS ROBINSON PURPOSE: SAILING INSTRUCTION | $1,486 | 
| NIKOLAOS PAPASTRATAKOS PURPOSE: SAILING INSTRUCTION | $1,486 |