Joseph F Fleming Charitable Trust is located in Bloomington, IL. The organization was established in 1991. 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. Joseph F Fleming 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, Joseph F Fleming Charitable Trust generated $617.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $669.1k during the year ending 12/2022. While expenses have increased by 19.2% 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.
Since 2020, Joseph F Fleming Charitable Trust has awarded 24 individual grants totaling $1,023,079. 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
TO PROVIDE SCHOLARSHIPS TO THE LISTED UNIVERSITIES FOR THE PURPOSE OF STUDYING THE FIELD OF AGRICULTURE.
TO PROVIDE GENERAL FUNDING TO THE UNIVERSITIES FOR UNRESTRICTED USE.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $729 |
| Dividends & Interest | $104,700 |
| Net Rental Income | $114,846 |
| Net Gain on Sale of Assets | -$16,710 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $379,169 |
| Total Revenue | $617,868 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $47,822 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,165 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,352 |
| Total operating and administrative expenses | $94,067 |
| Contributions, gifts, grants paid | $575,022 |
| Total expenses and disbursements | $669,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $80,759 |
| 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 | $684,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,386 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,322,890 |
| 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, Joseph F Fleming Charitable Trust has awarded $575,022 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
IOWA STATE UNIVERSITY (346) PURPOSE: UNRESTRICTED USE | $6,983 |
IOWA STATE UNIVERSITY (417) PURPOSE: SCHOLARSHIPS | $52,500 |
OKLAHOMA STATE UNIVERSITY (364) PURPOSE: UNRESTRICTED USE | $8,120 |
OKLAHOMA STATE UNIVERSITY (435) PURPOSE: SCHOLARSHIPS | $116,170 |
UNIVERSITY OF ARKANSAS (355) PURPOSE: UNRESTRICTED USE | $6,769 |
UNIVERSITY OF ARKANSAS (426) PURPOSE: SCHOLARSHIPS | $6,816 |