Portiuncula Foundation Of The Sisters Of St Francis Of The Neuma is located in Pittsburgh, PA. The organization was established in 1946. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Portiuncula Foundation Of The Sisters Of St Francis Of The Neuma is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Portiuncula Foundation Of The Sisters Of St Francis Of The Neuma generated $81.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $188.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Portiuncula Foundation Of The Sisters Of St Francis Of The Neuma has awarded 32 individual grants totaling $365,300. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EFFORTS TO ADVANCE THE HEALTH AND WELL-BEING OF SOCIETY IN COMMUNITIES WHERE THE SISTERS OF ST. FRANCIS OF THE NEUMANN COMMUNITIES MINISTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS ARE GRANTED BY THE FOUNDATION IN FURTHERANCE OF PUBLIC HEALTH CARE MINISTRIES, TO PROMOTE HEALTH CARE RELATED EDUCATION AND TO ADVANCE THE HEALTH AND WELL-BEING OF SOCIETY IN COMMUNITIES WHERE THE SISTERS MINISTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Valotta Chair | Trustee | 0.2 | $0 |
Yvonne Dursh Secretarytreasurer | Trustee | 0.2 | $0 |
Jason Staley Vice Chair | OfficerTrustee | 0.2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $54,069 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $54,069 |
Total Program Service Revenue | $0 |
Investment income | $118,727 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$91,216 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $81,580 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $133,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $1,610 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $44,933 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,196 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,000 |
All other expenses | $303 |
Total functional expenses | $188,442 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,896 |
Savings and temporary cash investments | $7,788 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $5,842,586 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,852,270 |
Accounts payable and accrued expenses | $3,403 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,403 |
Net assets without donor restrictions | $4,978,257 |
Net assets with donor restrictions | $870,610 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,852,270 |
Over the last fiscal year, Portiuncula Foundation Of The Sisters Of St Francis Of The Neuma has awarded $54,300 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
WATSON INSTITUTE PURPOSE: BEHAVIORIAL HEALTH | $7,000 |
SISTERS OF ST FRANCIS OF THE NEUMAN PURPOSE: CARE OF THE INDIGENT | $7,000 |
CHANGE A HEART PURPOSE: UNRESTRICTED | $14,000 |
ALLIANCE FOR NON PROFIT RESOURCES PURPOSE: UNRESTRICTED | $7,500 |
THE INTERSECTION INC PURPOSE: CARE OF THE INDIGENT | $6,000 |
COMMUNITY ACTION PARTNERSHIP PURPOSE: UNRETRICTED | $6,400 |