The Amended Caruso Sperl Irrevocable Charitable Trust
- Assets
- $1.2m
- Revenue
- $90.4k
- Investments
- $1.2m
- Employees
- 0
- Location
- Thayer, IL
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 37-6336628
Organization Overview
The Amended Caruso Sperl Irrevocable Charitable Trust is located in Thayer, IL. The organization was established in 2018. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Amended Caruso Sperl Irrevocable 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, Amended Caruso Sperl Irrevocable Charitable Trust generated $90.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $64.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Amended Caruso Sperl Irrevocable Charitable Trust has awarded 18 individual grants totaling $184,745. 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 FOR STUDENTS AT SACRED HEART GRIFFIN HIGH SCHOOL & ROUTT CATHOLIC HIGH SCHOOL WHO (AS DECIDED BY CARUSO-SPERL TRUSTEES) ARE DESERVING MEMBERS OF THE TRI-PARISH CHURCH UNIT
TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT LITTLE FLOWER AND CHRIST THE KING GRADE SCHOOLS WHO (AS DECIDED BY CARUSO-SPERL TRUSTEES) ARE DESERVING MEMBERS OF THE TRI-PARISH CHURCH UNIT
TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT ST AGNES GRADE SCHOOL WHO (AS DECIDED BY CARUSO-SPERL TRUSTEES) ARE DESERVING MEMBERS OF THE TRI-PARISH CHURCH UNIT
TO PROVIDE SCHOLARSHIPS FOR CATHOLIC CURRICULUM FOR HOME SCHOOLED STUDENTS OF THE TRI PARISH CHURCH UNIT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Father James Palakudy New Pastor | 1 | $0 | |
Anthony Rothering Trustee | 1 | $0 | |
Larry James President | 1 | $0 | |
Ron Pitchford Trustee | 1 | $0 | |
Mark Mcgrath Treasurer | 1 | $0 | |
Mary Georgene Jones Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24 |
| Dividends & Interest | $69,804 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,581 |
| Capital Gain Net Income | $20,581 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $90,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,130 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $233 |
| Total operating and administrative expenses | $1,838 |
| Contributions, gifts, grants paid | $63,102 |
| Total expenses and disbursements | $64,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $697 |
| Savings and temporary cash investments | $1,471 |
| 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 | $1,189,148 |
| 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, The Amended Caruso Sperl Irrevocable Charitable Trust has awarded $63,102 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC HERITAGE CURRICULA PURPOSE: GRADE SCHOOL HOME SCHOOL SCHOLARSHIPS | $1,721 |
LITTLE FLOWER GRADE SCHOOL PURPOSE: GRADE SCHOOL SCHOLARSHIPS | $19,933 |
SAC HEART GRIFFON HIGH SCHOOL PURPOSE: HIGH SCHOOL SCHOLARSHIPS | $27,640 |
SETON HOME STUDY GRADE SCHOOL & HIGH SCHOOL PURPOSE: HOME SCHOOL SCHOLARSHIPS | $1,398 |
CHRIST THE KING SCHOOL PURPOSE: GRADE SCHOOL SCHOLARSHIPS | $5,886 |
ST AGNES CATHOLIC GRADE SCHOOL PURPOSE: GRADE SCHOOL SCHOLARSHIPS | $6,524 |