Columbia University-Magonigle Fund
- Assets
- $10.3m
- Revenue
- $1.8m
- Investments
- $9.8m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1982
- Data as of
- 12/2021
- EIN
- 13-6078275
Organization Overview
Columbia University-Magonigle Fund is located in Pittsburgh, PA. The organization was established in 1982. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education 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 12/2021, Columbia University-Magonigle Fund generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 47.2% each year . All expenses for the organization totaled $622.0k during the year ending 12/2021. While expenses have increased by 6.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $306,974 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,535,377 |
| Capital Gain Net Income | $1,535,377 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,299 |
| Total Revenue | $1,847,650 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $76,162 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,881 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $84,793 |
| Contributions, gifts, grants paid | $537,231 |
| Total expenses and disbursements | $622,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $465,237 |
| 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 | $9,836,101 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,301,338 |
| 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 |
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