Luluma Charitable Tr
- Assets
- $37.5m
- Revenue
- $11.2m
- Investments
- $35.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2021
- EIN
- 36-7754898
Organization Overview
Luluma Charitable Tr is located in Chicago, IL. 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. Luluma Charitable Tr 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 12/2021, Luluma Charitable Tr generated $11.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.5%) each year.
Since 2021, Luluma Charitable Tr has awarded 371 individual grants totaling $10,496,500. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,405,318 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,821,001 |
| Capital Gain Net Income | $9,821,001 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,226,319 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $201,596 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,869 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44 |
| Total operating and administrative expenses | $261,173 |
| Contributions, gifts, grants paid | $821,500 |
| Total expenses and disbursements | $1,082,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $933,877 |
| Savings and temporary cash investments | $790,906 |
| 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 | $298,001 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,504,712 |
| 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, Luluma Charitable Tr has awarded $6,632,500 in support to 180 organizations.
| Grant Recipient | Amount |
|---|---|
REACH OUT AND READ GA PURPOSE: GENERAL OPERATING | $15,000 |
DECATUR ARTS ALLIANCE PURPOSE: GENERAL OPERATING | $20,000 |
MUSEUM OF DESIGN ATLANTA PURPOSE: GENERAL OPERATING | $100,000 |
MERCY CARE FOUNDATION INC PURPOSE: GENERAL OPERATING | $150,000 |
HORIZON THEATRE COMPANY INCORPORATED PURPOSE: GENERAL OPERATING | $20,000 |
CAMP TWIN LAKES SUMMER CAMP PURPOSE: GENERAL OPERATING | $50,000 |