Florence H & Eugene E Myers Charitable Tr
- Assets
- $3.8m
- Revenue
- $319.6k
- Investments
- $3.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/2001
- Data as of
- 09/2023
- EIN
- 65-6382657
Organization Overview
Florence H & Eugene E Myers Charitable Tr is located in Chicago, IL. The organization was established in 2001. 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. Florence H & Eugene E Myers 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 09/2023, Florence H & Eugene E Myers Charitable Tr generated $319.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 56.8% each year . All expenses for the organization totaled $264.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Florence H & Eugene E Myers Charitable Tr has awarded 16 individual grants totaling $636,662. 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 |
|---|---|---|---|
Northern Trust Company Co-Trustee | 40 | $24,302 | |
Joseph M Fleming ESQ Co-Trustee | 2 | $12,635 | |
Joshua Fleming Co-Trustee | 2 | $12,635 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $137,069 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $182,543 |
| Capital Gain Net Income | $182,543 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $319,612 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,572 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,936 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $92,453 |
| Contributions, gifts, grants paid | $172,260 |
| Total expenses and disbursements | $264,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $279,976 |
| 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 | $3,751,265 |
| 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, Florence H & Eugene E Myers Charitable Tr has awarded $172,260 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY PURPOSE: GENERAL | $43,065 |
NORTHWESTERN UNIVERSITY PURPOSE: GENERAL | $43,065 |
UNIVERSITY OF NORTH DAKOTA PURPOSE: GENERAL | $43,065 |
WEST VIRGINIA UNIVERSITY PURPOSE: GENERAL | $43,065 |