F P Ott N Power Fund
- Assets
- $3.2m
- Revenue
- $183.8k
- Investments
- $3.1m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/1974
- Data as of
- 12/2023
- EIN
- 22-6019099
Organization Overview
F P Ott N Power Fund is located in Pittsburgh, PA. The organization was established in 1974. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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 12/2023, F P Ott N Power Fund generated $183.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $210.8k during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 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 2015, F P Ott N Power Fund has awarded 32 individual grants totaling $1,339,724. 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 | $85,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $98,356 |
| Capital Gain Net Income | $98,356 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $183,838 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,301 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,288 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1 |
| Total operating and administrative expenses | $36,590 |
| Contributions, gifts, grants paid | $174,253 |
| Total expenses and disbursements | $210,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$6 |
| Savings and temporary cash investments | $60,204 |
| 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 | $3,120,444 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,180,642 |
| 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, F P Ott N Power Fund has awarded $174,253 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SEEING EYE INC PURPOSE: GENERAL SUPPORT | $43,563 |
FDN FOR MORRISTOWN MEDICAL CTR PURPOSE: GENERAL SUPPORT | $43,564 |
THE FOUNDATION FOR UNIV HOSP PURPOSE: GENERAL SUPPORT | $43,563 |
AMERICAN NATIONAL RED CROSS PURPOSE: GENERAL SUPPORT | $43,563 |