Miner Family Charitable Trust
- Assets
- $3.0m
- Revenue
- $137.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 09/2004
- Data as of
- 12/2022
- EIN
- 36-7414569
Organization Overview
Miner Family Charitable Trust is located in Rockford, IL. The organization was established in 2004. 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. Miner Family 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 12/2022, Miner Family Charitable Trust generated $137.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $240.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Miner Family Charitable Trust has awarded 36 individual grants totaling $478,788. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTIONS ARE MADE TO VARIOUS 501 (C)(3) CHARITABLE ORGA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Midland States Bank Co-Trustee | 40 | $35,575 | |
Brian Reese ESQ Co-Trustee | 2 | $35,575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $78,410 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $58,893 |
| Capital Gain Net Income | $58,893 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,303 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $71,150 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,468 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $73,143 |
| Contributions, gifts, grants paid | $167,410 |
| Total expenses and disbursements | $240,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $285,558 |
| 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 | $3,044,548 |
| 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, Miner Family Charitable Trust has awarded $167,410 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
UNREACHED PEOPLE GROUPS INT'L INC PURPOSE: GENERAL FUNDING | $500 |
GLOBAL OUTREACH DEVELOPMENTS PURPOSE: GENERAL FUNDING | $3,474 |
WALTER J LAWSON CHILDRENS HOME PURPOSE: GENERAL FUNDING | $16,741 |
GOLDIE B FLOBERG CHILDRENS HOME PURPOSE: GENERAL FUNDING | $16,741 |
SHRINERS HOSPITALS CHILDREN TRUST PURPOSE: GENERAL FUNDING | $16,741 |
BARBARA OLSON CENTER OF HOPE PURPOSE: GENERAL FUNDING | $16,741 |