Karl Gassert Charitable Trust Xxxxx1001

CHICAGO, IL EIN: 35-6336608

Karl Gassert Charitable Trust Xxxxx1001 is a private foundation focused on Human services, based in CHICAGO, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 1 grants totaling $137K. Net investment income was $124K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2.3M

-1.4% YoY

Annual Giving

$137K

+10.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$137K

+10.3% YoY

Under IRS private-foundation payout rules, Karl Gassert Charitable Trust Xxxxx1001 reported a distributable amount of $165K for 2025 — the minimum it must pay out in qualifying distributions.

About Karl Gassert Charitable Trust Xxxxx1001

Based on IRS filings

Focus Areas

Human services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $645K (100%)

States

Indiana

Cities

Indianapolis

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$2,327,307	$2,359,835	$2,369,374
Revenue	$135,731	$146,242	$73,965
Expenses	$168,996	$152,379	$174,670
Qualifying Distributions	$154,103	$139,972	$158,534
Net Investment Income	$123,598	$130,041	$61,425
Distributable Amount	$164,708	$141,761	$139,702

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Central Indiana Community Fdninc ($136,613).

Recipient	Purpose	Amount
CENTRAL INDIANA COMMUNITY FDNINC INDIANAPOLIS, IN	GENERAL	$136,613

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

Human services

Frequently Asked Questions

What is Karl Gassert Charitable Trust Xxxxx1001?

Karl Gassert Charitable Trust Xxxxx1001 is a private foundation focused on Human services, based in CHICAGO, IL. It holds $2.3M in total assets as of 2025.

How large is Karl Gassert Charitable Trust Xxxxx1001?

As of 2025, Karl Gassert Charitable Trust Xxxxx1001 holds $2.3M in total assets with $136K in annual revenue. It awarded 1 grants totaling $137K in 2025.

Where does Karl Gassert Charitable Trust Xxxxx1001 operate?

Karl Gassert Charitable Trust Xxxxx1001 has awarded grants in Indiana.

What size grants does Karl Gassert Charitable Trust Xxxxx1001 award?

In 2025, Karl Gassert Charitable Trust Xxxxx1001 awarded 1 grants totaling $137K — an average of about $137K per grant, based on its IRS Form 990 filings.

How much is Karl Gassert Charitable Trust Xxxxx1001 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Karl Gassert Charitable Trust Xxxxx1001 reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Karl Gassert Charitable Trust Xxxxx1001's EIN?

Karl Gassert Charitable Trust Xxxxx1001's EIN (Employer Identification Number) is 35-6336608. IRS Form 990 filing data is available on this page for 2021–2025.