Naomi B Chambers Charitable Tr
- Assets
- $11.0m
- Revenue
- $805.4k
- Investments
- $10.6m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/2007
- Data as of
- 12/2023
- EIN
- 37-6410705
Organization Overview
Naomi B Chambers Charitable Tr is located in Chicago, IL. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public 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. Naomi B Chambers 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 12/2023, Naomi B Chambers Charitable Tr generated $805.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $745.9k during the year ending 12/2023. While expenses have increased by 1.6% 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, Naomi B Chambers Charitable Tr has awarded 24 individual grants totaling $2,409,802. 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 | $310,316 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $495,042 |
| Capital Gain Net Income | $495,042 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $805,358 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $107,324 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,204 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $130,278 |
| Contributions, gifts, grants paid | $615,660 |
| Total expenses and disbursements | $745,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,135 |
| Savings and temporary cash investments | $183,984 |
| 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 | $1,184,322 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,957,135 |
| 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, Naomi B Chambers Charitable Tr has awarded $615,660 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NYSARC INC PURPOSE: GENERAL | $61,566 |
SUNNYVIEW HOSPITAL AND REHAB CENTER PURPOSE: GENERAL | $123,132 |
UNION COLLEGE PURPOSE: GENERAL | $184,698 |
SYRACUSE UNIVERSITY PURPOSE: GENERAL | $92,349 |
UNITED CEREBRAL PALSY & HANDICAPPED PURPOSE: GENERAL | $61,566 |
FATHER FLANAGAN'S BOYS' HOME PURPOSE: GENERAL | $92,349 |