H Chase Stone Trust B is located in Chicago, IL. The organization was established in 1999. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H Chase Stone Trust B 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, H Chase Stone Trust B generated $221.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $224.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, H Chase Stone Trust B has awarded 43 individual grants totaling $858,226. 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 | $101,265 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,735 |
| Capital Gain Net Income | $118,735 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,586 |
| Total Revenue | $221,586 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,001 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,622 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $56,623 |
| Contributions, gifts, grants paid | $168,226 |
| Total expenses and disbursements | $224,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,123 |
| Savings and temporary cash investments | $49,317 |
| 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 | $195,997 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,950,347 |
| 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, H Chase Stone Trust B has awarded $168,226 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
OPERA THEATRE OF THE ROCKIES PURPOSE: GENERAL | $10,000 |
COLORADO SPRINGS CONSERVATORY PURPOSE: GENERAL | $30,000 |
THE CHAMBER ORCHESTRA OF THE SPRING PURPOSE: GENERAL | $25,000 |
COLORADO VOCAL ARTS ENSEMBLE PURPOSE: GENERAL | $5,000 |
COLORADO SPRINGS PHILHARMONIC ORCHESTRA PURPOSE: GENERAL | $28,226 |
COLORADO SPRINGS COMMUNITY VENTURES INC PURPOSE: GENERAL | $50,000 |