Allene Reuss Memorial Fund Tr
- Assets
- $13.3m
- Revenue
- $1.8m
- Investments
- $12.3m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/1996
- Data as of
- 12/2021
- EIN
- 13-7086745
Organization Overview
Allene Reuss Memorial Fund Tr is located in Pittsburgh, PA. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Allene Reuss Memorial Fund Tr 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 12/2021, Allene Reuss Memorial Fund Tr 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 23.0% each year . All expenses for the organization totaled $863.0k during the year ending 12/2021. While expenses have increased by 5.0% 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, Allene Reuss Memorial Fund Tr has awarded 35 individual grants totaling $1,397,574. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bny Mellon N A Trustee | 1 | $85,595 | |
Richard H Pershan ESQ Co-Trustee | 0 | $14,900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $430,984 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,412,209 |
| Capital Gain Net Income | $1,412,209 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,843,193 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,495 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,682 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $127,927 |
| Contributions, gifts, grants paid | $735,074 |
| Total expenses and disbursements | $863,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,033,688 |
| 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 | $12,309,630 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,343,318 |
| 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, Allene Reuss Memorial Fund Tr has awarded $735,074 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
VISIONS PURPOSE: GENERAL OPERATING | $100,000 |
FREEDOM GUIDE DOGS PURPOSE: GENERAL OPERATING | $100,000 |
LAVELLE SCHOOL FOR THE BLIND PURPOSE: GENERAL OPERATING | $75,000 |
Rochester, NY PURPOSE: GENERAL OPERATING | $50,000 |
ISRAEL GUIDE DOG CENTER PURPOSE: GENERAL OPERATING | $50,000 |
New York, NY PURPOSE: GENERAL OPERATING | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |