Emma A Sheafer Charitable Tr
- Assets
- $6.6m
- Revenue
- $738.8k
- Investments
- $6.4m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1976
- Data as of
- 12/2023
- EIN
- 51-0186114
Organization Overview
Emma A Sheafer Charitable Tr is located in Chicago, IL. The organization was established in 1976. 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. Emma A Sheafer 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, Emma A Sheafer Charitable Tr generated $738.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $533.3k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 7 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 2017, Emma A Sheafer Charitable Tr has awarded 119 individual grants totaling $2,933,500. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | 2 | $90,782 | |
John C Russell ESQ Co-Trustee | 1 | $6,198 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $214,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $523,886 |
| Capital Gain Net Income | $523,886 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $738,779 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $95,259 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,755 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $108,264 |
| Contributions, gifts, grants paid | $425,000 |
| Total expenses and disbursements | $533,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,766 |
| Savings and temporary cash investments | $172,472 |
| 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 | $6,593,787 |
| 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, Emma A Sheafer Charitable Tr has awarded $425,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
THE CHOCOLATE FACTORY THEATRE PURPOSE: GENERAL | $25,000 |
OYE GROUP INC PURPOSE: GENERAL | $25,000 |
DANCING IN THE STREET INC PURPOSE: GENERAL | $30,000 |
TRISKELION ARTS-KICK-STANDANCE INC PURPOSE: GENERAL | $30,250 |
SUPERHERO CLUBHOUSE PURPOSE: GENERAL | $50,000 |
TEATRO CIRCULO PURPOSE: GENERAL | $20,000 |