Floyd A & Alta I Byrne Trust is located in Pontiac, IL. The organization was established in 1988. 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. Floyd A & Alta I Byrne 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 04/2024, Floyd A & Alta I Byrne Trust generated $58.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $43.1k during the year ending 04/2024. While expenses have increased by 4.8% per year over the past 5 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, Floyd A & Alta I Byrne Trust has awarded 28 individual grants totaling $170,055. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Harding Trustee | 1 | $0 | |
Mark Eppel Trustee | 1 | $0 | |
Sara Gschwendner Trustee | 1 | $0 | |
Harold Frobisch Trustee | 1 | $0 | |
John Kelly Trustee | 1 | $0 | |
David Harding Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $531 |
| Dividends & Interest | $18,932 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,713 |
| Capital Gain Net Income | $38,713 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3 |
| Total Revenue | $58,179 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,592 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,605 |
| Total operating and administrative expenses | $6,134 |
| Contributions, gifts, grants paid | $37,000 |
| Total expenses and disbursements | $43,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,992 |
| Savings and temporary cash investments | $0 |
| 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 | $712,435 |
| 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, Floyd A & Alta I Byrne Trust has awarded $74,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF PONTIAC PURPOSE: SUPPORT FOR JULY 4 CELEBRATION | $5,000 |
CITY OF PONTIAC PURPOSE: SUPPORT FOR ROCKINON THE RIVER SHOWS | $10,000 |
LIVINGSTON COUNTY CONCERT ASSOCIATION PURPOSE: SUPPORT FOR CONCERT SERIES | $10,000 |
LIVINGSTON COUNTY FOOD PANTRY PURPOSE: GRANT FOR PROGRAM SUPPORT | $12,000 |
CITY OF PONTIAC PURPOSE: SUPPORT FOR JULY 4 CELEBRATION | $5,000 |
LIVINGSTON COUNTY CONCERT ASSOCIATION PURPOSE: SUPPORT FOR CONCERT SERIES | $10,000 |