Charlotte & Norman Codo Charit Trust

Foundation · Grantmaker CHICAGO, IL EIN: 51-6510459

Charlotte & Norman Codo Charit Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 14 grants totaling $99K. Net investment income was $117K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.5M

-0.6% YoY

Annual Giving

$99K

+23.6% YoY

Grant Count

14

+7.7% YoY

Avg Grant Size

$7K

+14.8% YoY

Under IRS private-foundation payout rules, Charlotte & Norman Codo Charit Trust reported a distributable amount of $159K for 2025 — the minimum it must pay out in qualifying distributions.

About Charlotte & Norman Codo Charit Trust

Based on IRS filings

Charlotte & Norman Codo Charit Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.5M in total assets. In 2025, it awarded 14 grants totaling $99K. Net investment income was $117K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

Boca RatonBoynton BeachCanonsburgCorvallisDecaturDenverFort WashingtonJolietNapervilleNew HavenNew LenoxNew YorkPhilomathPhoenixVirginia BeachWashingtonWinnetka

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$543K$1M$2M$2M20212022202320242025
Metric202520242023
Total Assets$2,519,381$2,534,868$1,467,813
Revenue$140,573$1,975,373$87,638
Expenses$156,064$110,173$113,137
Qualifying Distributions$116,006$91,022$96,811
Net Investment Income$116,821$826,462$71,757
Distributable Amount$159,364$114,852$84,403

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$49K$74K$99K10 grants202113 grants202212 grants202313 grants202414 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

BOCA RATON REGIONAL HOSP…$23KUNIVERSITY OF ST FRANCIS$20KBOCA MUSEUM OF ART$15KNATIONAL HOOK UP OF BLAC…$5KBOCA HELPING HANDS$5KYALE UNIVERSITY$5KMAXTIVITY$5KPRISON MATHEMATICS PROJECT$5KCHILDRENS FARM HOME KINE…$3KFLORIDA ATLANTIC UNIVERS…$3K

Grant Size Distribution

62 grants across all recorded years

62<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Boca Raton Regional Hospital Foundation ($22,750), University of St Francis ($20,000), Boca Museum of Art ($15,000).

RecipientPurposeAmount
LYNN UNIVERSITY BOCA RATON, FLGENERAL$2,500
CHILDRENS FARM HOME KINETIC TEAM CORVALLIS, ORGENERAL$3,000
FLORIDA ATLANTIC UNIVERSITY VIRGINIA BEACH, VAGENERAL$3,000
NATIONAL HOOK UP OF BLACK WOMEN DECATUR, GAGENERAL$5,000
NATIONAL RESOURCES DEFENSE NEW YORK, NYGENERAL$2,500
BOCA HELPING HANDS BOCA RATON, FLGENERAL$5,000
YALE UNIVERSITY NEW HAVEN, CTGENERAL$5,000
BOCA RATON REGIONAL HOSPITAL FOUNDATION BOCA RATON, FLGENERAL$22,750
BOCA MUSEUM OF ART BOCA RATON, FLGENERAL$15,000
MAXTIVITY PHILOMATH, ORGENERAL$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Charlotte & Norman Codo Charit Trust?

Charlotte & Norman Codo Charit Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $2.5M in total assets as of 2025.

How large is Charlotte & Norman Codo Charit Trust?

As of 2025, Charlotte & Norman Codo Charit Trust holds $2.5M in total assets with $141K in annual revenue. It awarded 14 grants totaling $99K in 2025.

Where does Charlotte & Norman Codo Charit Trust operate?

Charlotte & Norman Codo Charit Trust has awarded grants in Arizona, Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, New York, Oregon, Pennsylvania, Virginia.

What size grants does Charlotte & Norman Codo Charit Trust award?

In 2025, Charlotte & Norman Codo Charit Trust awarded 14 grants totaling $99K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Charlotte & Norman Codo Charit Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Charlotte & Norman Codo Charit Trust reported a distributable amount of $159K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charlotte & Norman Codo Charit Trust's EIN?

Charlotte & Norman Codo Charit Trust's EIN (Employer Identification Number) is 51-6510459. IRS Form 990 filing data is available on this page for 2021–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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