Sudbury Charitable Tr EIN 20-1110773 Form 990 (PDF) Claim this org

Sudbury Charitable Tr FY2023 filing

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Provides financial aid to listed organizations. For fiscal year 2023 it reported $76K in revenue, $166K in expenses, and $4.4M in net assets.Pt I

Type
Supporting organization · Foundations & Grantmakers
Location
Chicago, IL
Filings
6 on file (2020–2023)
Revenue
$76KFY2023
Expenses
$166K
Net assets
$4.4M
People
1
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-1110773 Supporting organization Chicago, IL
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Provides financial aid to listed organizations.
Leadership
Northern Trust Company · Trustee · $43K
Money in and out
$76K revenue, $166K expenses
Bottom line
-118% net inflow
Money in and out · FY2023
Total revenue
$76K
Pt VIII · Ln 12
Total expenses
$166K
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$90K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.29
Net inflow
-118%
revenue over expenses, this year
Pass-through gifts
0%
of revenue from contributions
Program spending
71%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$76K
FY2023▼ -72%
Expenses
$166K
FY2023▲ +8%
Total assets
$4.4M
FY2023▼ -2%
Total liabilities
$0
FY2023
Total revenue
$76K
Pt VIII · Ln 12
Total expenses
$166K
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$90K
Total assetsPt X · Ln 16$4.4M
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

2 program services account for $118K of program spending, described in the organization's own filed words · FY2022.
01

Sterling Rock Falls Community Trust

Grant

$79Kprogram expense
02

Knox College

Grant

$39Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSudbury Charitable Tr
EINHdr · item D20-1110773
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T21)
Ruling yearIRS BMFOct 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$42,771Pt VII · Sec A

Northern Trust Company’s $49K as Trustee is at the 46th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Northern Trust Company$49,490$44,950$42,771$44,579$42,749$38,210

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Investment income100%$76K
Total revenueLn 12$76K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.29
Program services71%$118K
Management & general29%$48K
Total functional expensesLn 25$166K

Balance Sheet

Part X · end of year
CashLn 1$238K
Total assetsLn 16$4.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$4.4M
Months of cash on handcomputed17.2

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.4M · Operating expenses/yr $166K
320.9 months
Where the money goes
Program services
Program services $118K · Total expenses $166K
71%
Management & General
Management & general $48K · Total expenses $166K
29%
Fundraising
Fundraising $0 · Total expenses $166K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $76K
0%
Government reliance
Government grants — · Total revenue $76K
Earned-income share
Program service revenue $0 · Total revenue $76K
0%
Investment reliance
Investment income $76K · Total revenue $76K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $166K
0%
Growth & trend
Revenue growth (YoY)
This year $76K · Prior year $271K
-72%
Net-asset trend (YoY)
End of year $4.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $76K · Expenses $166K
-118%
Liabilities-to-Assets
Total liabilities — · Total assets $4.4M
Net-asset ratio
Net assets $4.4M · Total assets $4.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.4M
95%
People & payroll
Highest Reported Total Compensation
Individual Northern Trust Company · Reported title TRUSTEE · Highest reported compensation $43K · Total expenses $166K
26%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $43K · Total expenses $166K
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 29%
Revenue growth -72%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 12 grants · $1.0M · 2019–2024
Knox CollegeIL · FY2024$82,268
Knox CollegeIL · FY2023$74,248
Knox CollegeIL · FY2022$39,270
Knox CollegeIL · FY2021$34,528
Knox CollegeIL · FY2020$77,222
Sterling Rock Falls Community TrustIL · FY2019$70,964
Knox CollegeIL · FY2019$35,477

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$488K revenue · ⤓ 990 PDF
FY2024$283K revenue · ⤓ 990 PDF
FY2023$76K revenue · viewing · ⤓ 990 PDF
FY2022$271K revenue · ⤓ 990 PDF
FY2021$309K revenue · ⤓ 990 PDF
FY2020$149K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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