Adrian H Jackson Charitable Trust Nect
- Assets
- $5.6m
- Revenue
- $462.4k
- Investments
- $5.5m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1970
- Data as of
- 12/2022
- EIN
- 13-6078615
Organization Overview
Adrian H Jackson Charitable Trust Nect is located in Pittsburgh, PA. The organization was established in 1970. 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 12/2022, Adrian H Jackson Charitable Trust Nect generated $462.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $435.5k during the year ending 12/2022. While expenses have increased by 8.8% 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.
Since 2020, Adrian H Jackson Charitable Trust Nect has awarded 24 individual grants totaling $1,332,426. 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 | $161,244 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $301,198 |
| Capital Gain Net Income | $301,198 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $462,442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,405 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,574 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $70,229 |
| Contributions, gifts, grants paid | $365,268 |
| Total expenses and disbursements | $435,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $112,001 |
| 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 | $5,527,941 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,639,942 |
| 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, Adrian H Jackson Charitable Trust Nect has awarded $365,268 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FUND FOR THE BLIND OF VISIONS PURPOSE: GENERAL OPERATING | $60,878 |
ST LUKES ROOSEVELT HOSPITAL PURPOSE: GENERAL OPERATING | $60,878 |
THE CHILDRENS AID SOCIETY PURPOSE: GENERAL OPERATING | $60,878 |
NYU LANGONE HOSPITALS PURPOSE: GENERAL OPERATING | $60,878 |
HOSPITAL FOR SPECIAL SURGERY PURPOSE: GENERAL OPERATING | $60,878 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $60,878 |