J S Charitable Trust is located in Chicago, IL. The organization was established in 1967. 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. J S Charitable 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 12/2023, J S Charitable Trust generated $87.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $78.0k during the year ending 12/2023. While expenses have increased by 9.2% per year over the past 7 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, J S Charitable Trust has awarded 179 individual grants totaling $387,315. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas C Sheffield Jr Trustee | 5 | $0 | |
Pamela Sheffield Trustee | 1 | $0 | |
Thomas C Sheffield III Trustee | 1 | $0 | |
Grace W Brettkelly Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $126 |
| Dividends & Interest | $42,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,128 |
| Capital Gain Net Income | $56,128 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$16,215 |
| Total Revenue | $87,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,827 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,515 |
| Total operating and administrative expenses | $6,452 |
| Contributions, gifts, grants paid | $71,525 |
| Total expenses and disbursements | $77,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,932 |
| Savings and temporary cash investments | $117,986 |
| 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 | $327,728 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,417,587 |
| 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 | $132,823 |
| Total liabilities | $132,823 |
Over the last fiscal year, J S Charitable Trust has awarded $71,525 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
CHICAGO SYMPHONY ORCHESTRA PURPOSE: UNRESTRICTED | $15,000 |
COFAM PURPOSE: UNRESTRICTED | $250 |
NATIONAL GEOGRAPHIC SOCIETY PURPOSE: UNRESTRICTED | $1,250 |
IFAR PURPOSE: UNRESTRICTED | $12,500 |
LINCOLN PARK ZOO PURPOSE: UNRESTRICTED | $1,500 |
LYRIC OPERA OF CHICAGO PURPOSE: UNRESTRICTED | $1,100 |