Eola Johnson Weeks & Clarence B Weeks Charitable Trust
- Assets
- $752.2k
- Revenue
- $17.1k
- Investments
- $721.0k
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 04-6200584
Organization Overview
Eola Johnson Weeks & Clarence B Weeks Charitable Trust is located in Pittsburgh, PA. The organization was established in 2006. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2023, Eola Johnson Weeks & Clarence B Weeks Charitable Trust generated $17.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $51.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Eola Johnson Weeks & Clarence B Weeks Charitable Trust has awarded 21 individual grants totaling $281,754. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,873 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,492 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $729 |
| Total Revenue | $17,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,989 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $169 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $11,193 |
| Contributions, gifts, grants paid | $40,446 |
| Total expenses and disbursements | $51,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,163 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $720,995 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $752,158 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Eola Johnson Weeks & Clarence B Weeks Charitable Trust has awarded $40,446 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LYNDON INSTITUTE PURPOSE: GENERAL SUPPORT | $20,198 |
MARSHFIELD UNITED CHURCH PURPOSE: GENERAL SUPPORT | $50 |
LAKE REGION UNION ELEMENTARY PURPOSE: GENERAL SUPPORT | $20,198 |