Overview
What is The Chicago Community Trust?
The Chicago Community Trust is a Chicago-based nonprofit organization with a workforce of 144 employees. They are dedicated to enhancing the Chicago region by providing grants and resources, addressing community challenges, and fostering philanthropy through informing donors about charitable opportunities. With over a century of commitment, The Chicago Community Trust brings together people, ideas, organizations, and resources to promote equity and opportunity. Their impact is documented in Schedules F, I, and O, which detail their grant distributions and significant program accomplishments.
Official website here: www.cct.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Chicago Community Trust has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. With a perfect score of 100 in the Accountability & Finance category, the organization demonstrates effective oversight with a fully independent board, thorough audits, and no reported material diversions of assets. Its transparency is further supported by the availability of financial documents on its website and a commitment to ethical governance practices.
In addition to financial strength, the organization scores well in culture and community engagement with a score of 91%. This indicates a solid commitment to equity strategies and community involvement, suggesting that the Trust prioritizes inclusivity and responsiveness to community needs. The high program expense ratio of 97.53% indicates a significant allocation of resources directly to its programs, maximizing the impact of donations received.
While the overall feedback is overwhelmingly positive, the focus on Accountability & Finance suggests that users may have limited insight into cultural initiatives or community impact beyond the score provided. However, the strong ratings in these areas highlight the Chicago Community Trust as a transparent and fiscally responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is The Chicago Community Trust legitimate?
The Chicago Community Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chicago Community Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,546,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,787,114
For more financial information, click here
Official website here: www.cct.org
What is the mission statement of The Chicago Community Trust?
The Chicago Community Trust is a philanthropic organization dedicated to enhancing the community through grants and resources. Its mission is geared towards promoting equity and opportunity. With a rich history spanning over a century, the Trust continues to mobilize people, ideas, and resources to address community challenges and encourage philanthropy. By informing donors about worthwhile causes, it facilitates the giving process. By focusing on building a more equitable society, The Chicago Community Trust is making a significant impact on the lives of its community members. Through various grants and accomplishments, the organization has made meaningful strides to better the lives of those it serves.
Official website here: www.cct.org
Who is the CEO of The Chicago Community Trust?
Helene Gayle is the CEO of The Chicago Community Trust The CEO's salary of The Chicago Community Trust is $332,767 and their total compensation is $349,634.
Official website here: www.cct.org
What is the revenue of The Chicago Community Trust?
The Chicago Community Trust's revenue in 2023 was $1,536,635,743.
Official website here: www.cct.org
Who are the executives of The Chicago Community Trust and what are their salaries?
The average compensation at The Chicago Community Trust during 2023 was $74,076. There are 153 employees and 20 volunteers at The Chicago Community Trust.
Here are 33 key members and their salaries (The Chicago Community Trust's CEO's salary is $332,767 and their total compensation is $349,634):
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- Compensation: $216,701
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- Compensation: $179,824
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- Compensation: $239,798
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- Compensation: $184,060
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- Compensation: $225,953
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- Compensation: $179,731
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- Other: $30,693
- Compensation: $332,767
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- Other: $16,867
- Compensation: $195,342
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- Other: $14,504
Official website here: www.cct.org
Where can I find the form 990 for The Chicago Community Trust?
The Chicago Community Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cct.org
Learn more at the official website: www.cct.org
Mission Statement of The Chicago Community Trust
The Chicago Community Trust is a renowned organization that has dedicated the past century to enhancing the Chicago community. By mobilizing people, ideas, organizations, and resources, The Trust strives to promote equity and opportunity for all. In essence, The Chicago Community Trust serves as a catalyst for positive change, addressing community challenges and inspiring philanthropy among donors.
Through grants and various resources, The Trust plays a pivotal role in improving the community. It identifies and supports initiatives that have the potential to make a significant impact, fostering long-term growth and development. The organization's commitment to building a stronger, more resilient community is reflected in its numerous accomplishments. For more details on these accomplishments, please refer to Schedule I.
In addition to providing grants, The Chicago Community Trust also informs donors about philanthropic opportunities. By doing so, it encourages more individuals and organizations to get involved in making a difference. The Trust's advocacy work extends beyond financial support, as it also serves as a valuable source of information and guidance for those looking to make a positive impact in their community. This multifaceted approach allows The Chicago Community Trust to make a substantial difference in the lives of Chicagoans, ultimately contributing to a more equitable and vibrant future for the region.
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Impact
October, 2024
The Chicago Community Trust plays a crucial role in enhancing the quality of life in the Chicago region by mobilizing individuals, organizations, and resources to tackle pressing community challenges. With a legacy of over 100 years, it focuses on advancing equity and opportunity through targeted grants and resources. By informing donors about philanthropic opportunities, the Trust fosters a culture of giving and encourages collaborative efforts to address the needs of the community. Their significant program accomplishments highlight the tangible impacts made in various sectors, contributing to a more equitable and vibrant city.
This information is meant to be a general summary of The Chicago Community Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $98,303,269
- Gross Receipts: $3,191,962,304
Assets and Liabilities:
- Total Assets: $4,307,117,777
- Total Liabilities: $36,450,829
- Net Assets: $4,270,666,948
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Organization Details
Founding Year
1915
Principal Officer
Andrea Saenz
Website
www.cct.orgNTEE Category
Code: T310 - Philanthropy
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