Cause IQ organization profile

The Chicago Community Trust (CCT)

CCT is a community foundation based in Chicago, IL that was founded in 1915. As of 2017 they had $508 million in revenue and $2.6 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: Akarama Foundation Fund 42-24135.

EIN:

36-2167000

City:

Chicago

State:

Illinois

NTEE:

T31: Community foundations

Website:

cct.org

Phone:

(312) 616-8000x140

Type:

501(c)(3)

Revenue:

$508,813,283

Assets:

$2,691,371,233

Employees:

123

Fiscal year end:

September

Founded:

1915

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	2017	2016	% Change
Federated campaigns	$0
Membership dues	$0
Fundraising event contributions	$0
Related organizations	$6,246,270
Government grants (contributions)	$3,755,274
Normal grants, contributions, etc.	$381,493,896
Non-cash contributions	$195,579,553
Program services	$0	$0
Investment income and dividends	$38,631,962	$35,139,265	9.9%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$45,000	$45,000
Net gain from sale of non-inventory assets	$77,121,002	$34,483,185	123.6%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$1,519,879	$1,326,270	14.6%
Total revenues	$508,813,283	$389,574,255	30.6%

Field	2017	2016	% Change
Grants to govts. and orgs. in USA	$296,772,300	$225,126,611	31.8%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$655,000	$0	999%
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$2,348,617	$1,851,648	26.8%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$6,927,371	$6,289,620	10.1%
Pension/retirement accruals and contributions	$544,335	$491,284	10.8%
Other employee benefits	$668,320	$600,170	11.4%
Payroll taxes	$588,037	$534,934	9.9%
Management fees	$0	$0
Legal fees	$618,476	$200,737	208.1%
Accounting fees	$91,900	$86,600	6.1%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$4,194,553	$3,990,123	5.1%
Other fee-for-service	$3,405,844	$4,478,795	-24.0%
Advertising and promotion	$489,976	$566,068	-13.4%
Office expenses	$461,026	$534,335	-13.7%
Information tech. expenses	$907,286	$598,966	51.5%
Royalty expenses	$0	$0
Occupancy	$1,058,541	$1,048,618	0.9%
Travel	$96,143	$116,105	-17.2%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$413,974	$471,081	-12.1%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$436,544	$460,226	-5.1%
Insurance	$63,133	$101,792	-38.0%
All other expenses	$8,509,864	$6,581,431	29.3%
Total expenses	$329,251,240	$254,129,144	29.6%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$416,329	$148,415	180.5%
Savings, short-term investments, etc.	$13,893,260	$86,506,176	-83.9%
Pledges and grants receivable	$11,031,573	$17,701,315	-37.7%
Accounts receivable	$0	$0
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$281,660	$381,620	-26.2%
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$0
Buildings, equipment, etc. post-depreciation	$1,446,842	$1,773,269	-18.4%
Investments, publicly traded securities	$1,821,311,922	$1,648,308,311	10.5%
Investments, other securities	$512,973,886	$324,677,125	58.0%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$330,015,761	$321,058,211	2.8%
Total assets	$2,691,371,233	$2,400,554,442	12.1%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$5,383,145	$4,574,789	17.7%
Grants payable	$23,641,638	$22,963,843	3.0%
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	$35,134,045	$29,107,814	20.7%
Total liabilities	$64,158,828	$56,646,446	13.3%

Field	2017	2016	% Change
Unrestricted net assets	$2,290,009,887	$2,007,163,292	14.1%
Temporarily restricted net assets	$292,275,094	$295,694,770	-1.2%
Permanently restricted net assets	$44,927,424	$41,049,934	9.4%

Social media

Twitter

Open chitrust Twitter page

Vendors for CCT

Vendor	Services	Amount paid	Date
BKD LLP	Tax accounting		2018-08-15
█████████ ████████	Software		2018-05-14
█████████	Content management system software		2018-05-14
████████ ███ ██████████	Marketing Consultant	$332,973	2017-09-01
██████████████ ██████████	Marketing Consultant	$790,336	2017-09-01
██████████ ██████████ ██████ ██████	Business Consultant	$488,140	2017-09-01
██████████ ██ ███████	Business Consultant	$450,396	2017-09-01
██████████ ██ ████████	Business Consultant	$707,708	2017-09-01
...and one more vendors

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	Seattle Foundation	501(c)(3)	$152 million	Seattle, WA
2	Greater Kansas City Community Foundation	501(c)(3)	$357 million	Kansas City, MO
3	San Francisco Foundation (TSFF)	501(c)(3)	$153 million	San Francisco, CA
4	The Columbus Foundation	501(c)(3)	$268 million	Columbus, OH
5	Foundation for the Carolinas	501(c)(3)	$662 million	Charlotte, NC
6	The University of Oklahoma Foundation	501(c)(3)	$141 million	Norman, OK
7	Greater Houston Community Foundation	501(c)(3)	$305 million	Houston, TX
8	Charities Aid Foundation of America	501(c)(3)	$171 million	Alexandria, VA
9	Charles Koch Foundation	501(c)(3)	$153 million	Arlington, VA
10	American Endowment Foundation	501(c)(3)	$726 million	Hudson, OH
11	New York Community Trust	501(c)(3)	$251 million	New York, NY
12	Jewish Community Foundation of San Diego	501(c)(3)	$131 million	San Diego, CA
13	The Community Foundation for Greater Atlanta	501(c)(3)	$181 million	Atlanta, GA
14	Fulk Family Foundation	501(c)(3)	$336 million	Chicago, IL
15	Richard King Mellon Foundation	501(c)(3)	$151 million	Pittsburgh, PA
16	Novo Foundation	501(c)(3)	$173 million	New York, NY
17	Walton Family Foundation Inc	501(c)(3)	$1.0 billion	Bentonville, AR
18	Duke Endowment	501(c)(3)	$176 million	Charlotte, NC
19	W.K. Kellogg Foundation (WKKF)	501(c)(3)	$401 million	Battle Creek, MI
20	The JPB Foundation	501(c)(3)	$264 million	New York, NY
21	University of Colorado Foundation	501(c)(3)	$327 million	Denver, CO
22	Sherwood Foundation	501(c)(3)	$177 million	Omaha, NE
23	National Christian Charitable Foundation	501(c)(3)	$1.5 billion	Alpharetta, GA
24	Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles	501(c)(3)	$143 million	Los Angeles, CA
25	VolkswagenStiftung	501(c)(3)	$358 million	Germany,

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