Cause IQ organization profile

The Chicago Community Trust (CCT)

CCT is a community foundation based in Chicago, IL that was founded in 1951. As of 2016 they had $389 million in revenue and $2.4 billion in assets.

To lead and inspire philanthropic efforts that measurably improve the quality of life and the prosperity of our region.

Previous legal names or variations of their name include: Chicago Comn Tr; Akarama Foundation Fund 42-24135; and Chicago Community Trust.

EIN:

36-2167000

City:

Chicago

State:

Illinois

NTEE:

T31: Community foundations

Website:

cct.org

Phone:

(312) 616-8000x140

Type:

501(c)(3)

Revenue:

$389,574,255

Assets:

$2,400,554,442

Employees:

116

Fiscal year end:

September

Founded:

1951

Revenue trends:

Asset trends:

Form 990s for CCT

Fiscal year ending	Date received by IRS	Form	PDF link
2017-09	Nov 15, 2018	990	View PDF
2016-09	Aug 23, 2017	990	View PDF
2015-09	Aug 26, 2016	990	View PDF
2014-09	Sep 10, 2015	990	View PDF
2013-09	Sep 4, 2014	990	View PDF
...and six more Form 990 PDFs

Financials for CCT

Field	2016	2015	% Change
Federated campaigns
Membership dues
Fundraising event contributions
Related organizations
Government grants (contributions)
Normal grants, contributions, etc.			32.0%
Non-cash contributions			543.8%
Program services	$0	$0
Investment income and dividends	$35,139,265	$33,649,702	4.4%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$45,000	$45,001	-0.0%
Net gain from sale of non-inventory assets	$34,483,185	$48,430,183	-28.8%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$1,326,270	$1,143,139	16.0%
Total revenues	$389,574,255	$363,265,778	7.2%

Field	2016	2015	% Change
Grants to govts. and orgs. in USA	$225,126,611	$194,029,541	16.0%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$1,851,648	$1,755,849	5.5%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$6,289,620	$5,459,226	15.2%
Pension/retirement accruals and contributions	$491,284	$488,461	0.6%
Other employee benefits	$600,170	$485,916	23.5%
Payroll taxes	$534,934	$481,981	11.0%
Management fees	$0	$0
Legal fees	$200,737	$220,552	-9.0%
Accounting fees	$86,600	$89,900	-3.7%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$3,990,123	$3,918,777	1.8%
Other fee-for-service	$4,478,795	$4,908,449	-8.8%
Advertising and promotion	$566,068	$590,099	-4.1%
Office expenses	$534,335	$623,014	-14.2%
Information tech. expenses	$598,966	$348,084	72.1%
Royalty expenses	$0	$0
Occupancy	$1,048,618	$907,576	15.5%
Travel	$116,105	$111,597	4.0%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$471,081	$624,347	-24.5%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$460,226	$382,793	20.2%
Insurance	$101,792	$82,726	23.0%
All other expenses	$6,581,431	$11,600,857	-43.3%
Total expenses	$254,129,144	$227,109,745	11.9%

Field	2016	2015	% Change
Cash (non-interest-bearing)	$148,415	$56,651	162.0%
Savings, short-term investments, etc.	$86,506,176	$74,170,289	16.6%
Pledges and grants receivable	$17,701,315	$28,519,930	-37.9%
Accounts receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$381,620	$356,600	7.0%
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$1,773,269	$1,948,626	-9.0%
Investments, publicly traded securities	$1,648,308,311	$1,465,477,481	12.5%
Investments, other securities	$324,677,125	$261,063,828	24.4%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$321,058,211	$334,981,204	-4.2%
Total assets	$2,400,554,442	$2,166,574,609	10.8%

Field	2016	2015	% Change
Accounts payable and accrued expenses	$4,574,789	$6,975,306	-34.4%
Grants payable	$22,963,843	$31,038,040	-26.0%
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$29,107,814	$5,477,434	431.4%
Total liabilities	$56,646,446	$43,490,780	30.2%

Field	2016	2015	% Change
Unrestricted net assets	$2,007,163,292	$1,764,199,639	13.8%
Temporarily restricted net assets	$295,694,770	$319,967,874	-7.6%
Permanently restricted net assets	$41,049,934	$38,916,316	5.5%

Social media

Twitter

Open chitrust Twitter page

Vendors for CCT

Vendor	Services	Date
Microsoft Services	Software	2018-05-14
█████████	Content management system software	2018-05-14
████ ███	Audit accounting	2013-05-28

Personnel at CCT

Name	Title	Compensation	Most recent data
Terry Mazany	President and Chief Executive Officer for	-	Sept. 16, 2017
Carol Crenshaw	Vice President for / Chief Financial Officer	-	Sept. 16, 2017
██████ ███	Chief Marketing Officer for	-	Sept. 16, 2017
███ ██████	Chief Information Officer for	-	Sept. 16, 2017
█████ █████████	Chief Development Officer for	-	Sept. 16, 2017
█████ ██ █████	Chief Officer of Programs and Strategic Integration for	-	Sept. 16, 2017
███ ████	Director of Data Governance and Analytics for	-	Feb. 18, 2017
████ █████	Director of Administrative Accounting for	-	Sept. 16, 2017
███ █████████	Director of Donor Services for	-	Sept. 16, 2017
███ █████████	Senior Director of Gift Planning for	-	Sept. 16, 2017
...and five more key personnel

Peer community foundations

	Name	Type	Revenue	Location
1	Community Foundation for SW Washington	501(c)(3)	$112 million	Vancouver, WA
2	Foundation for the Carolinas	501(c)(3)	$662 million	Charlotte, NC
3	The Community Foundation for Greater Atlanta	501(c)(3)	$181 million	Atlanta, GA
4	Community Foundation of Greater Memphis	501(c)(3)	$208 million	Memphis, TN
5	Tulsa Community Foundation (TCF)	501(c)(3)	$102 million	Tulsa, OK
6	The Denver Foundation	501(c)(3)	$120 million	Denver, CO
7	The Miami Foundation	501(c)(3)	$122 million	Miami, FL
8	Greater Kansas City Community Foundation	501(c)(3)	$357 million	Kansas City, MO
9	San Francisco Foundation (TSFF)	501(c)(3)	$153 million	San Francisco, CA
10	Community Foundation of Greater Des Moines F / K / A Greater Des Moines Community Foundation	501(c)(3)	$106 million	Des Moines, IA
11	The Columbus Foundation	501(c)(3)	$268 million	Columbus, OH
12	New York Community Trust	501(c)(3)	$251 million	New York, NY
13	The University of Oklahoma Foundation	501(c)(3)	$141 million	Norman, OK
14	East Tennessee Foundation (ETF)	501(c)(3)	$126 million	Knoxville, TN
15	The Greater Cincinnati Foundation	501(c)(3)	$108 million	Cincinnati, OH
16	Greater Houston Community Foundation	501(c)(3)	$305 million	Houston, TX
17	Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles	501(c)(3)	$143 million	Los Angeles, CA
18	W.K. Kellogg Foundation (WKKF)	501(c)(3)	$401 million	Battle Creek, MI
19	Charities Aid Foundation of America	501(c)(3)	$171 million	Alexandria, VA
20	Seattle Foundation	501(c)(3)	$152 million	Seattle, WA
21	Duke Endowment	501(c)(3)	$176 million	Charlotte, NC
22	American Endowment Foundation	501(c)(3)	$726 million	Hudson, OH
23	Pritzker Family Foundation	501(c)(3)	$111 million	Chicago, IL
24	Jewish Community Foundation of San Diego	501(c)(3)	$131 million	San Diego, CA
25	William and Flora Hewlett Foundation	501(c)(3)	$317 million	Menlo Park, CA

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