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Good Old Burt Spain Trust is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1998. The principal officer is Dhun Mehta Co-Trustee. It holds total assets of $390K. Annual income is reported at $196K. Total assets have grown from $291K in 2011 to $371K in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois and California. According to available records, Good Old Burt Spain Trust has made 6 grants totaling $40K, with a median grant of $5K. The foundation has distributed between $19K and $21K annually from 2020 to 2023. Individual grants have ranged from $5K to $10K, with an average award of $7K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Illinois and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$7K
Median Grant
$7K
Average Grant
$8K
Largest Grant
$10K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Good Old Burt Spain Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IL, CA.
Good Old Burt Spain Trust has distributed a total of $40K across 6 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $5K to $10K.
Good Old Burt Spain Trust typically selects its grantees rather than accepting unsolicited proposals.
Good Old Burt Spain Trust is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Teresa Tucker | Trustee | $0 | $0 | N/A |
| Vicki Snavely | Trustee | $0 | $0 | N/A |
| Clyde C Forrester | Trustee | $0 | $0 | N/A |
| Jane Berman | Trustee | $0 | $0 | N/A |
| John G Massura | Treasurer | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$371K
Fair Market Value
$388K
Net Worth
$371K
Grants Paid
$19K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$19K
Total: $368K
Total Grants
6
Total Giving
$40K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chicago Area MensaSUPPORT EDUCATION SERIES AVAILABLE TO AND PROVIDE TUITION ASSISTANCE FOR MEMBERS | Palatine, IL | $10K | 2023 |
| U Of C Graham SchoolSUPPORT OPERATION OF THE GREAT BOOK PROGRAM | Chicago, IL | $5K | 2023 |
| Seva FoundationSUPPORT BLINDNESS PREVENTION AND SIGHT RESTORATION PROGRAMS | Berkeley, CA | $5K | 2023 |