Charles H Mahan Charitable Lead Tr is located in Chicago, IL. The organization was established in 0000. 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.
For the year ending 12/2023, Charles H Mahan Charitable Lead Tr generated $174.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $185.4k during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 6 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 2019, Charles H Mahan Charitable Lead Tr has awarded 15 individual grants totaling $776,074. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $82,567 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,960 |
| Capital Gain Net Income | $55,960 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,800 |
| Total Revenue | $174,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $41,935 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,718 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,685 |
| Total operating and administrative expenses | $47,838 |
| Contributions, gifts, grants paid | $137,601 |
| Total expenses and disbursements | $185,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,145 |
| Savings and temporary cash investments | $22,959 |
| 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 | $152,726 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,580,863 |
| 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, Charles H Mahan Charitable Lead Tr has awarded $137,601 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: GENERAL OPERATING | $34,400 |
TEXAS SCOTTISH RITE HOSPITAL PURPOSE: GENERAL OPERATING | $34,400 |
MASONIC HOME AND SCHOOL OF TX PURPOSE: GENERAL OPERATING | $68,801 |